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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture