US IT industry opposes Obama's move to tax overseas earning

Last Updated: Tuesday, February 3, 2015, 06:39

IT industry and the Republican leadership has opposed US President Barack Obama's move to tax overseas earnings, saying that this is bad for global competition of US companies.

Barack Obama unveils $4 trillion US budget

Last Updated: Monday, February 2, 2015, 21:42

President Barack Obama has put forward a $4 trillion budget loaded with spending and tax reforms that will likely be dead on arrival at the Republican-controlled Congress.

I am proud of saving the American economy: Barack Obama

Last Updated: Monday, February 2, 2015, 07:19

US President Barack Obama has said he is proud of saving the American economy making the country more stronger and prosperous.

Obama ties foreign profits tax to public works

Last Updated: Monday, February 2, 2015, 01:01

US President Barack Obama's budget will propose an ambitious six-year, USD 478 billion public works program of highway, bridge and transit upgrades, half of it financed with a one-time mandatory tax on profits that US companies have amassed overseas, White House officials said.

US envoy to India stresses on improving trade ties

Last Updated: Sunday, February 1, 2015, 23:04

Describing US President Barack Obama's visit as "transformative", that brought US-India relations to a new level, the American envoy to India Sunday said improving the economic ties was a key area.

Barack Obama proposes 14% tax on US Cos' untaxed foreign earnings

Last Updated: Sunday, February 1, 2015, 21:04

President Barack Obama`s fiscal 2016 budget would impose a one-time 14 percent tax on some $2 trillion of accumulated US corporate profits earned abroad and set up a 19 percent tax on future foreign earnings, a White House official said on Sunday.

Obama seeks $215 million for unique medical plan

Last Updated: Saturday, January 31, 2015, 16:30

US President Barack Obama has sought $215 million for an effort that will match patients` genetic and physiological data to treat their health conditions more precisely.

India high on US investors' agenda after Obama visit: FM Jaitley

Last Updated: Wednesday, January 28, 2015, 15:52

"With the American economy growing stronger, US corporates are flush with funds looking to invest elsewhere. India appears high on their agenda," he said.

Obama announces $4 billion investments, loans to India

Last Updated: Monday, January 26, 2015, 23:11

US President Barack Obama Monday announced investments and loans worth USD 4 billion by American agencies as part of measures to bolster trade with India.

US pleased with 'tangible progress' on key issues with India

Last Updated: Monday, January 26, 2015, 22:53

The US Monday said it is "very pleased" with the "tangible progress" on key issues like the civil nuclear deal, defence agreements and clean energy cooperation reached with India during President Barack Obama's visit here.

Obama ends day of Indian pageantry with $4 billion pledge

Last Updated: Monday, January 26, 2015, 22:40

US President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world`s largest democracies.

CEOs from India, US discuss IPR, piracy among other issues

Last Updated: Monday, January 26, 2015, 22:38

Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum here attended by Prime Minister Narendra Modi and US President Barack Obama.