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July 22, 2025

Gita Gopinath to step down in August

Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday. IMF Managing Director Kristalina Georgieva will name a successor to Gopinath in "due course," the IMF said. Gopinath joined the fund in 2019 as chief economist - the first woman to serve in that role - and was promoted to the role of first deputy managing director in January 2022.

July 22, 2025

Europe trip to soon cost more for some

Starting late 2026, visa-free travelers heading to Europe will need to pay more to enter. The European Commission has proposed raising the European Travel Information and Authorization System (ETIAS) fee from €7 to €20. This nearly threefold increase will affect citizens from more than 60 non-EU countries that currently enjoy visa-free access to the Schengen zone, including the United States, United Kingdom, Canada, Japan—and Indian passport holders who hold long-term visas or residence in these countries. Visa-Free, Not Cost-Free Once operational, ETIAS will require all travelers from visa-exempt countries to apply online before visiting any of the 30 European countries under the Schengen Agreement. This includes Indians living in or holding visas for countries such as the US, UK, o

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