09 February, 2010 20:56 IST
News
Obama`s comments on outsourcing need not bother us: FM
Source: IRIS (05-NOV-08)
Comments  |  Post Comment    

Barack Obama`s comments on outsourcing of services should not bother India, said finance minister (FM), P Chidambaram.

`A comment here and a comment there (on outsourcing of services to India) should not bother us... once Obama is in office, he will realize that it is an interconnected world and countries have to work together`, Chidambaram said.

He said, the US as the world`s largest economy and India as the world`s largest free market democracy have to work together. Indo-US relations would continue to improve under the new administration, he added.

Commenting on Obama`s election as President of United States, FM said, `It is a transformational change in the US and many ghosts have been exorcised by this election`.

`I think election of Obama is a tribute to the US democracy that a young, forward-looking black has been elected,` he added.

Economy News
Iran hopes India will join gas pipeline project - 09-Feb-2010 19:50
Rupee ends stronger at 46.66/67 vs USD - 09-Feb-2010 19:50
Scindia wants stimulus to continue for exporters - 09-Feb-2010 19:14
Sugar price declines further on ample supply - 09-Feb-2010 16:57
Sustaining stimulus package for MSME export sector: FIEO chief - 09-Feb-2010 16:53
CII Rajasthan State Council suggests harmonious VAT regime - 09-Feb-2010 16:29
Some relief to individual tax payers likely in budget: Bonanza - 09-Feb-2010 15:48
Budget should ease credit squeeze for SMEs: Manjushree Technopack - 09-Feb-2010 15:04
Rupee appreciates 0.28% at 46.68 vs USD - 09-Feb-2010 13:19
Definitive action towards unified GST regime will be appreciated: Fujitsu Consulting - 09-Feb-2010 12:09
Fiscal deficit to come down to 6.5% - 09-Feb-2010 08:44
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   6wrsj3 into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Credit cards  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail
© All rights reserved. IRIS Business Services Private Limited
A Disclaimer