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In August, Microsoft CEO Steve Ballmer announced his plan to retire within 12 months, setting off the company's search for a new leader. The board committee in charge of appointing the next CEO has said it will consider both internal and external candidates.
Unlike Subbarao, Rajan favors the formation of a monetary policy committee, departing from the current autocratic power enjoyed by the governor, a set-up that would bring the RBI more in line with the practice at major central banks elsewhere.
The amount of credit in China's economy almost doubledbetween 2008 and last year, and investment climbed to 46 percentof GDP. Almost half of that money went into either property orinfrastructure, according to Nomura.
The hype around Royal Mail has sucked many people into the stock market who have never been there before. The message they heard was: everyone is buying the shares, the price is bound to go up when trading starts for real on Tuesday.
French intelligence says deaths from the gas attacks could be as high as 1,500, but it reported confirmed deaths from video evidence of 281. Estimates of gas attack deaths by British intelligence, the London-based Syrian Observatory for Human Rights and non-governmental group Doctors without Borders fall within a range of 322 to 355.