Washington
US Senate rejects Obama's wealth tax proposal
The US Senate has blocked President Barack Obama's proposal to raise tax rate on those earning over one million dollars a year.
The wealth tax bill is largely considered a key element of Obama's re-e
US to press Pak to 'squeeze' Haqqani network: Clinton
The United States has said that it will continue to press Islamabad to 'squeeze' the al-Qaeda linked Haqqani network, as Afghanistan blamed the Pakistan-based group for the latest brazen attacks in Ka
US did not heed warning about Mumbai attack: Headley's ex-wife
As India probes the role of the estranged wife of admitted Pakistani American terrorist David Headley in the 2008 Mumbai terrorist attack, she claims she tried to prevent it, but US authorities did no
IMF marginally lowers India's 2012 growth projection to 6.9 pc
The International Monetary Fund (IMF) has marginally lowered India's economic growth forecast to 6.9 per cent in 2012, from 7 per cent projected earlier, on weak global and domestic demand.
In its Wo
'Buffett Rule' will not hurt U.S. economy: Geithner
A proposal to impose at least 30 per cent income tax on Americans making more than a million dollars a year will not hurt the economy by stifling investment and growth, U.S. Treasury Secretary Timothy
U.S. economy in better shape to handle high gas prices: Geithner
The U.S. economy is in a better position to deal with high gasoline prices, Treasury Secretary Timothy Geithner said on Sunday, adding that unseasonably warm winter had lowered overall energy costs fo
MasterCard's Ajay Banga to head USIBC
Ajay Banga, president and CEO of MasterCard Worldwide, has been elected next chairman of the US-India Business Council (USIBC), a trade association made of 350 top American and Indian companies.
Bang
Young Indian American wins school board election primaries
A young Indian American has created history of sorts after winning the primaries in a school board election in the State of Maryland.
Raheela Ahmed, 18, finished first in the Prince George's County
Now, palm-scanning ATMs that don’t need card
A Japanese bank has announced that it will be installing about a dozen automated teller machines that can read customers’ palms to identify them.
Ogaki Kyoritsu Bank will be the country’s first to in
Korean-American Jim Yong Kim chosen to lead World Bank
The World Bank chose Korean-American physician Jim Yong Kim as its next chief on Monday in a decision that surprised few despite the first-ever challenge to the US lock on the Bank's presidency.
The
