american economy

China has economically peaked: US expert


August 16th, 2012 - 11:33 pm ICT by IANS
Kolkata, Aug 16 (IANS) Observing that the Chinese economy had reached its peak, US foreign policy expert Walter Russell Mead Thursday said that the country was on the "brink of ... Read more...

Posted in South Asia |

Four young Indian-American scientists honoured by Obama


July 24th, 2012 - 11:19 am ICT by IANS
Washington, July 24 (IANS) Four Indian-American researchers figure among 96 named by President Barack Obama as recipients of the Presidential Early Career Awards for Scientists and Engineers, the highest ... Read more...

Posted in World |

‘Powerful Hillary, influential Mamata’s meet significant’


April 30th, 2012 - 11:04 pm ICT by IANS
Kolkata, April 30 (IANS) US Secretary of State Hillary Clinton's proposed meeting with West Bengal Chief Minister Mamata Banerjee, coming soon after the latter was named one of the ... Read more...

Posted in Business |

US Supreme Court hears challenge to ‘Obamacare’


March 27th, 2012 - 4:35 pm ICT by IANS
Washington, March 27 (IANS) The US Supreme Court has begun a historic hearing on the constitutionality of President Barack Obama's signature healthcare reform, which greatly expands Americans' access to ... Read more...

Posted in World |

India, China boom led to higher fuel prices: White House


February 22nd, 2012 - 8:33 pm ICT by IANS
Washington, Feb 22 (IANS) The White House has attributed the rising fuel prices in America partly to the economic boom in countries like India and China and unrest in ... Read more...

Posted in Business |

Eyeing election, Obama calls for bringing jobs back home (Second lead)


January 25th, 2012 - 7:58 pm ICT by IANS
Washington, Jan 25 (IANS) Saying that 'no challenge is more urgent' than keeping the American dream alive, President Barack Obama virtually launched his re-election campaign hitting out at "outsourcing" ... Read more...

Posted in Uncategorized |

3 young Indian American scientists honoured by Obama


October 4th, 2011 - 11:30 am ICT by IANS
Washington, Oct 4 (IANS) Three Indian Americans, Dr Kartik A Srinivasan, Sumita Pennathur and Hari Shroff, are among 94 researchers honoured by President Barack Obama with Presidential Early ... Read more...

Posted in World |

US avoids default; retains AAA rating for now


August 3rd, 2011 - 10:52 am ICT by IANS
Washington, Aug 3 (IANS) As the US avoided a disastrous default hours before the midnight deadline, two major ratings agencies reaffirmed the federal government's AAA rating, but warned America ... Read more...

Posted in Business |

India returning to high growth path: Pranab Mukherjeee


June 28th, 2011 - 9:49 am ICT by IANS
Washington, June 28 (IANS) Assuring American investors that India was firmly set on a continuous reform path, Indian Finance Minister Pranab Mukherjeee has said that with recent "major steps" ... Read more...

Posted in Business |

Obama wants new ‘Made in US’ technologies


May 7th, 2011 - 5:11 pm ICT by IANS
Washington, May 7 (IANS) Calling clean energy as the answer for a nation concerned about both jobs and rising gas prices, US President Barack Obama would rather have new ... Read more...

Posted in World |

China’s economy to surpass that of US by 2016: IMF


April 26th, 2011 - 12:27 pm ICT by IANS
Beijing, April 26 (IANS) The Chinese economy will surpass that of the US by 2016, the International Monetary Fund (IMF) has predicted.According to the IMF's forecast, based on "purchasing power ... Read more...

Posted in World |

Gordon Brown a ‘clear favorite’ to be next IMF head


April 14th, 2011 - 6:14 pm ICT by ANI
Washington, Apr 14 (ANI): Former UK Prime Minister Gordon Brown is emerging as the first choice for becoming the next Managing Director of the International Monetary Fund (IMF).Presently, Brown is in ... Read more...

Posted in World |

Asia’s contribution to global economy increasing: ADB


February 14th, 2011 - 11:55 pm ICT by IANS
Kolkata, Feb 14 (IANS) Underlining that Asia is playing a very important role in global economic restructuring, Asian Development Bank (ADB) managing director general Rajat M. Nag said Monday the continent's contribution ... Read more...

Posted in Business |

American Heart Association: Heart disease costs to triple


January 25th, 2011 - 8:48 pm ICT by Aishwarya Bhatt
New York, Jan 25 (THAINDIAN NEWS) Experts have estimated that the cost of treating heart attack in the United States is expected to triple by 2030.The American Heart Association that came up ... Read more...

Posted in Health |

AHA Predicts Tripled Heart Care Costs In Next Thirty Years


January 25th, 2011 - 8:36 pm ICT by GD
By Meena Kar Jan 25, (THAINDIAN NEWS) The American Heart Association (AHA) has made the grim prediction that heart treatment costs are likely to increase threefold in the next three decades. In the ... Read more...

Posted in Health |

Unemployment rate drops to 9.4


January 14th, 2011 - 9:14 pm ICT by Aishwarya Bhatt
Washington DC, Jan 14 (THAINDIAN NEWS) Data that was released by the US Labor Department revealed that the unemployment rate in the country dropped in the month of December.The 0.4 percent drop ... Read more...

Posted in Business |

Subprime credit card offers on the rise


January 13th, 2011 - 9:14 pm ICT by Aishwarya Bhatt
New York, Jan 13 (THAINDIAN NEWS) Market analysts believe that banks are beginning to lend again and most importantly they are lending to credit card holders.The credit card savvy website, CardHub.com has ... Read more...

Posted in Business |

US teen birth rate is at an all time low


December 22nd, 2010 - 2:07 am ICT by Aishwarya Bhatt
Washington, Dec 21 (THAINDIAN NEWS) A recently released government report has revealed that teenagers who were getting pregnant dropped to all time low in 2009. The report indicated that in 2009, only ... Read more...

Posted in World News |

Wal-Mart & Target engage in a price war over toys


November 9th, 2010 - 1:09 am ICT by Aishwarya Bhatt
New York, Nov 8 (THAINDIAN NEWS) Wal-Mart wants to ensure that it is not left out of the battle for a greater share in the amount parents will spend this holiday season. ... Read more...

Posted in Business |

Ben Bernanke defends the Fed’s decision to pump up the economy


November 7th, 2010 - 8:13 pm ICT by Aishwarya Bhatt
Jekyll Island, Nov 7 (THAINDIAN NEWS) Federal Reserve Chairman - Ben Bernanke has assured Americans that the Fed’s decision to pump extra hundreds of billions into the United State economy will not ... Read more...

Posted in Business |

US economy adds 151,000 jobs in October


November 6th, 2010 - 7:50 pm ICT by ANI
Washington, Nov.6 (ANI): The unemployment rate in the United States may not have fallen substantially in 2010, but a US Labor Department report has given President Barack Obama some cheer by ... Read more...

Posted in World |

Outsourcing has created US jobs: India’s message to Obama


November 4th, 2010 - 7:55 pm ICT by IANS
New Delhi, Nov 4 (IANS) India will seek to impress upon US President Barack Obama during his Nov 6-9 visit that outsourcing has actually created thousands of jobs in the US, ... Read more...

Posted in Business |

Republicans capture control of House of Representatives, but not the Senate


November 3rd, 2010 - 2:25 pm ICT by ANI
Washington/New York, Nov.3 (ANI): President Barack Obama was given a stern message by the American people on Tuesday when the Republicans,riding a wave of voter discontent, captured control of the House ... Read more...

Posted in World |

India-U.S. to jointly work to grow their economies: Strobe Talbott


November 3rd, 2010 - 1:09 pm ICT by ANI
New Delhi, Nov 3 (ANI): Strobe Talbott, former U.S. Deputy Secretary of State, has said that India and the United States should work together to enhance their economic might through technological ... Read more...

Posted in National |

Sitaram Yechuri criticises Obama’s India visit


November 3rd, 2010 - 1:08 pm ICT by ANI
Vizag (Andhra Pradesh), Nov 3 (ANI): CPI (M) Politburo member Sitaram Yechuri has termed U.S. President Barack Obama's forthcoming visit to India as a business tour, favorable only for the American ... Read more...

Posted in National |

Obama won’t ‘walk the talk’ on outsourcing jobs to India: Presidential biographer


November 1st, 2010 - 1:01 pm ICT by ANI
Washington, Nov 1 (ANI): Presidential biographer William Chafe has said that the US President Barack Obama may talk tough about clamping down on outsourcing jobs to India, but his international upbringing ... Read more...

Posted in World |

US aware of India’s concerns over outsourcing and H1B visa issue


October 26th, 2010 - 1:09 am ICT by ANI
New Delhi, Oct.25 (ANI): The United States is aware about the concerns of Indian companies on the outsourcing and H1B visa issues, which are likely to figure up in the discussions ... Read more...

Posted in World |

Obama visit to highlight trade ties: US group


October 6th, 2010 - 1:55 pm ICT by IANS
By Arun Kumar Washington, Oct 6 (IANS) US President Barack Obama's decision to start his first State Visit to India with an address to a major business summit in Mumbai highlights his ... Read more...

Posted in Business |

GOP speaks in defense of their ‘Pledge to America’ campaign


September 27th, 2010 - 8:32 pm ICT by Aishwarya Bhatt
Sep 27 (THAINDIAN NEWS) The Pledge to America campaign was the subject of a high level defense by Republican politicians after their opponents claimed that it was nothing new and just ... Read more...

Posted in Politics |

US Federal Reserve keeps the Interest Rates at a record low


September 23rd, 2010 - 12:03 am ICT by Aishwarya Bhatt
Sep 22 (THAINDIAN NEWS) The United States Federal Reserve has decided to keep the country’s short term interest rate low after a meeting on Tuesday.The Open Market Committee met on Tuesday to ... Read more...

Posted in Business |

Colin Powell: “I don’t hire illegal immigrants”


September 21st, 2010 - 8:34 pm ICT by Aishwarya Bhatt
Sep 21 (THAINDIAN NEWS) Former US Secretary of State, Colin Powell revealed on the Meet The Press show that airs on NBC that even though he knows illegal immigrants in the US ... Read more...

Posted in Politics |

Now US Congress buys only ‘Made in America’ goods


September 16th, 2010 - 8:47 pm ICT by IANS
By Arun Kumar Washington, Sep 16 (IANS) After a visa fee hike for professionals and Ohio's ban on outsourcing, the US House of Representatives has passed two bills stipulating the Congress and the ... Read more...

Posted in Business |

Economic recovery ‘painfully slow’, says Obama


September 10th, 2010 - 10:54 pm ICT by IANS
Washington, Sep 10 (IANS) US President Barack Obama Friday said that progress in pulling the American economy out of recession has been "painfully slow". "The hole the recession left was huge and ... Read more...

Posted in Business |

Barack Obama Attacks GOP And Touts Fresh Jobs Program


September 9th, 2010 - 8:37 pm ICT by Pen Men At Work
September 9, 2010 (Pen Men at Work): American President, Barack Obama, aggressively laid out a long-lasting employment agenda on Monday that would go beyond the $50 billion to reconstruct lanes, railways and ... Read more...

Posted in Politics |

The Republicans In America Suggest New Tax Cuts And A Freeze On Federal Expenditure


September 8th, 2010 - 9:51 pm ICT by Sampurn Wire
Washington, September 8, 2010 (Just Flashed): The chief of the Republicans in the "American House of Representatives' happens to be John Boehner, who hails from Ohio. He vocalized on Wednesday a proposition ... Read more...

Posted in World |

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