World

Split U.S. Supreme Court blocks Obama immigration plan

WASHINGTON,  (Reuters) – The U.S. Supreme Court yesterday blocked President Barack Obama’s plan to spare millions of immigrants in the country illegally from deportation in a split ruling that heartened political foes who had accused him of overstepping his powers.

Raghuram Rajan

Indian central bank chief to step down in surprise move

MUMBAI,  (Reuters) – India’s “rock star” central bank governor Raghuram Rajan, feted by foreign investors but under pressure from political opponents at home, stunned government officials and colleagues on Saturday by announcing he would step down after just one three-year term.

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