Month: July 2012

Obama ‘Most Incompetent President,’ Says Bobby Jindal

By Hindustan Times / Press Trust of India Louisiana’s Indian-American governor Bobby Jindal has trashed Barack Obama, saying the US President was the “most liberal and incompetent President since Jimmy Carter”. Speaking at a fund-raising lunch for Republican Presidential candidate Mitt Romney in Baton Rouge, capital of Louisiana on Monday, Jindal attacked Obama for running “an increasingly desperate and negative campaign.” “We have a president who hadn’t run anything before he was in the White House,” Jindal said. The governor later referred to Obama as the “most liberal and incompetent president since Jimmy Carter. No offense to Jimmy Carter,”...

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Romney says Obama’s record “so poor that all he can do in his campaign is attack me”

By Fox News Trying to make the shift from defense to offense, Mitt Romney’s campaign accused President Obama Monday of making “political payoffs” to cronies while the middle class suffered. The charge was part of a new line of attack, unveiled after the Romney campaign endured a harsh week that at times seemed to put the GOP candidate on his heels. Romney, though, made clear in an interview with Fox News on Monday that he’s going to get tougher on the president by more closely scrutinizing his background. “The best offense is to look at the president’s record,” Romney...

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Commerce Minister Sharma Tells Obama: India Is a Top Investment Destination and It’s Policy is Investor Friendly

By Times of India / Press Trust of India NEW DELHI: Asserting that policy decision is the “sovereign” right of the country, commerce and industry minister Anand Sharma on Monday said the Barack Obama administration should itself lead fight against protectionism and trade barriers. In his reaction to the US President’s remarks that India must carry out difficult economic reforms, Sharma said, “He (Obama) has every right to convey what his perceptions are but the policy making is a sovereign decision and India’s FDI policy regime is investor-friendly”. Obama in an interview to PTI noted that India prohibits foreign...

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Obama Praises India for “Incredible” Growth, But Says “It’s Still Too Hard to Invest in Too Many Sectors”

By India Today / Press Trust of India Noting that India prohibited foreign investment in too many sectors such as retail, US President Barack Obama on Sunday cited concerns over deteriorating investment climate there to endorse another “wave” of economic reforms. Still sounding positive about Indian economy, “which continues to grow at an impressive rate,” he said that to some extent, India’s slower growth is a reflection of the larger slow down in the global economy. The US President answered a wide range of questions on the state of the Indian as well as global economy, Indo-Pak ties and...

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Ford India launches new variant of Fiesta Classic, starting around US $12,500

By Ketan Thakkar – Economic Times MUMBAI – To penetrate deeper in the fast growing entry level sedan market, US car major Ford India on Monday launched a new variant ‘Titanium’ of its entry level sedan Fiesta Classic. Priced at Rs 6.86 to 7.82 lakh showroom New Delhi (around US $12,500 to $14,200 using conversion rate of 55 rupees to a U.S. dollar) Classic is available in both petrol and diesel options and is loaded with features like Bluetooth, speed sensing volume controls, drive away locks, all new beige interiors, alloy wheels etc. The price of the top-end variant...

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