Indo-US ties to be stronger with Obama re-election: FM

Finance Minister P Chidambaram today expressed the hope that economic ties with the United States would improve with the re-election of Barack Obama as the US President.

"I congratulate President Obama. I hope that Indo-US relations (will) get stronger...Especially economic relations", he told reporters here.

Obama won the election to get a second term as the US President overcoming a stiff challenge from Republican Mitt Romney.

A votary of strong ties with India, 51-year-old Obama, the first black American to occupy the White House, scored the victory after a bitter and costly campaign running over months.

Leaders of India Inc too have welcomed the re-election of Obama saying that continuity would be good for bilateral relations, but some of them expressed concerns over the outsourcing issue.

EDITORIAL OF THE DAY

  • The solution to tackling recurrent droughts is in managing consumption of water, not its overuse

    A staggering 33 crore people or more than a quarter of the country’s population are in the grip of drought and consequently, face drinking water sho

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Tushar Gandhi

An unexplored side of rural enterprise

What is rural enterprise? Ask this qu­estion and 9 out ...

Kuruvilla Pandikattu

Black and white of morality

Would you kill one innocent person to save five? Choose ...

Shona Adhikari

Let's head to Bangalore & catch up on art

Bangalore art scene is bang in the middle of news, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture