American president Barack Obama has once again targeted American companies having their operations in India to save taxes back home India's top 10 BPOs The rise of multinational IT in India Key facts on India's IT industry Top acquisitions in BPO space and called such businesses tax evaders. ( Watch ) "If you are a business here, entirely located in the US, and investing in the US, and hiring workers in the US, you are paying a 35 per cent rate," Obama said in an interview to the business magazine Bloomberg Business Week.
Read more »Obama targets outsourcers again, labels them tax evaders
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Obama plays hard on trade with China
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US President Barack Obama vowed on Wednesday to be "much tougher" with China on enforcing trade rules, but said the United StatesMore on Financial crisisTop 10 international banksStrong bankswould harm itself by rejecting existing commerce agreements with Beijing. "The approach that we are taking is to try to get much tougher about enforcement of existing rules," Obama said, at a meeting with Senate Democrats in Washington.
Read more »Obama grants $3 bn aid for Pak to defeat Al Qaeda
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US President Barack Obama has sought $3.1 billion in non-military aid for Pakistan and $4.0 billion for Afghanistan "to disrupt, dismantle, and defeat Al Qaeda" by better "governance, reconstruction, and other development activities to counter extremists".The non-military assistance is in addition to almost $30 billion more proposed for the wars in Afghanistan, Pakistan and Iraq with $548.9 billion outlay for defence in Obama's
Read more »Obama takes measures to hold US in the First Place then India, China
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Citing India and China as countries that are going ahead with an economic revamp, the US President, Mr Barack Obama, on Thursday said the US cannot accept “second place” and should get serious about fixing its problems since the worst of the financial crisis is over.
Read more »Obama to take Measures to revamp US Finance
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President Barack Obama, reeling from an election defeat in the U.S. Senate, will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks.The president will announce a series of measures to cut down on excessive risk-taking as part of a revamp of the country's financial regulatory system, a senior Obama official said on Wednesday.
Read more »AR Rahman's Performance at White House on Obama’s First State Dinner
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Rahman’s White House experience,AR Rahman gave a performance at the White House on the occasion of Obama’s first State dinner.
Obama's Hajj Message to World's Muslims
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Michelle and I would like to send our best wishes to all those performing Hajj this year, and to Muslims in America and around the world who are celebrating Eid-ul-Adha.
Obama to attend UN Meeting in Copenhagen for talks on Climate change
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The administration's decision to identify a series of goals, including cutting emissions over the next decade "in the range of" 17 percent below 2005 levels,
Read more »Barack Obama Demands for Release of Leader 'Aung San Suu Kyi' & Other Political Prisoners
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President Barack Obama's historic meeting with a top Myanmar leader Sunday raises the stakes on both sides to show progress in their recent diplomatic thaw.
Read more »Obama Requests Hamid Karzai to Change Afghanistan Options
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A senior White House official says U.S. President Barack Obama is calling on his national security team to revise the options for the U.S. war strategy in Afghanistan .
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