Bangalore: The re-election of US President Barack Obama is not the best news for IT outsourcing industry, according to CEO of iGATE, Phaneesh Murthy. "Not the best news for India or the IT outsourcing industry. However, we need to understand how much of the election rhetoric continues into 2013 and that will determine the full implications to us," Murthy said. "The concern over the deficit and jobs will continue (in...
12:00 PM, Nov 07, 2012
Washington: Barack Obama won re-election on Tuesday night, but the president faces a fresh challenge confronting the "fiscal cliff," a mix of tax increases and spending cuts due to extract some $600 billion from the economy barring a deal with Congress. At stake are two separate issues - individual tax cuts due to expire at year's end and tens of billions of dollars in across-the-board federal spending cuts due to...
11:50 AM, Nov 07, 2012
Washington: Republican Mitt Romney has called President Barack Obama to concede the presidential race. "I have just called President Obama to congratulate him on his victory," said Romney. Romney is expected to speak shortly in Boston before supporters. Mitt Romney is now headed to a hotel ballroom to publicly acknowledge his loss in the presidential contest. Romney had been out of sight in a hotel room with family throughout the...
11:26 AM, Nov 07, 2012
Washington: Barack Obama, who won a second term to the White House on Wednesday against all odds, is a hard-nosed leader with an even-keel temperament, charismatic speaking skills and a knack for consensus-building. 51-year-old Obama, who defied a stiff challenge from Mitt Romney to win a presidential term again, faces thorny four years ahead amid concerns over sluggish economy while his foreign policy may continue to focus on Asia-Pacific where...
11:15 AM, Nov 07, 2012
Barack Obama on Tuesday won a second term in office overcoming a stiff initial challenge from his Republican rival Mitt Romney after clinching convincing victory in the crucial state of California. The 51-year-old first African-American President was projected by CNN as having won the second term with 274 electoral votes after exit polls gave him California in west coast which has 55 electoral votes. It projected Romney as having secured ...
10:52 AM, Nov 07, 2012
President Barack Obama won re-election to a second term in the White House, beating Republican challenger Mitt Romney after a long and bitter campaign. At home in Chicago, the president claimed victory. "This happened because of you. Thank you" he tweeted to supporters. Romney was in Massachusetts after a long and grueling bid for the presidency. He led in the national popular vote with 41 million votes, or 50 per ...
10:39 AM, Nov 07, 2012
New York: A sigh of relief and happiness - this was what a picture tweeted by Barack Obama depicted after he was re-elected as the President of the United States on Tuesday. Obama tweeted a picture of him hugging his wife Michelle Obama and added 'four more years' to the tweet. The Democrats rejoiced as Obama was re-elected as the President of the United States on Wednesday, beating his Republican...
10:29 AM, Nov 07, 2012
Washington: President Barack Obama won re-election to a second term in the White House, beating Republican challenger Mitt Romney after a long and bitter campaign. At home in Chicago, the president claimed victory. "This happened because of you. Thank you" he tweeted to supporters. Romney was in Massachusetts after a long and grueling bid for the presidency. He led in the national popular vote with 41 million votes, or 50...
10:15 AM, Nov 07, 2012
In Delhi, the mood is upbeat at the US embassy. In fact, a fake election booth was set up. Barack Obama was later re-elected as the President of the United States of America for his second term. Obama tweeted, "We're all in this together. That's how we campaigned, and that's who we are. Thank you. - Barack Obama." ...
09:59 AM, Nov 07, 2012
Washington: President Barack Obama has won in the all-important state of Ohio, a serious blow to Mitt Romney's hopes of putting together the electoral votes he would need for victory. He's also taken Iowa's six votes. That puts Obama within 12 votes of the magic number of 270. Without Ohio, Romney needed to win nearly every other competitive state or pull off upsets in traditionally-Democratic states, and he has so...
09:59 AM, Nov 07, 2012
Washington: US President Barack Obama's win in California has given him an additional 55 electoral votes toward the 270 he needs to win a second term in office. Mitt Romney has won in Arizona, with 11 electoral votes, and also in Idaho. But Romney earlier lost Pennsylvania and New Hampshire, two states in which his campaign had been hoping for a win. Obama has also picked up the four electoral...
09:49 AM, Nov 07, 2012
Washington: Mitt Romney is the winner in North Carolina, where both campaigns had worked to wrap up the state's 15 electoral votes. While President Barack Obama hadn't returned to North Carolina since the Democratic National Convention in Charlotte, first lady Michelle Obama was in the state Monday and former President Bill Clinton visited on Sunday. Obama, meanwhile, has won Minnesota, despite a late Republican push in the state. And a...
09:36 AM, Nov 07, 2012
New York: While the general election might not break partisan gridlock in Congress, it could result in historic changes for US social policy: Several states had a chance to be the first to approve same-sex marriage by popular vote and to legalize recreational use of marijuana. Dating back to 1998, same-sex marriage has been rejected in all 32 states that have held popular votes on the issue. Gay-rights advocates believed...
09:28 AM, Nov 07, 2012
In a blow to Mitt Romney, Barack Obama captured the northeastern swing state of New Hampshire, which was de-facto home ground for the Republican as he has a holiday home there, and was governor of neighboring Massachusetts. Early in what was expected to be a long evening of vote-counting, Obama had 158 and Romney had 154 of the 270 votes needed in the state-by-state electoral college needed to claim the ...
09:19 AM, Nov 07, 2012
Milwaukee: Wisconsin Democratic Representative Tammy Baldwin made history on Tuesday by becoming the first openly gay US Senator, defeating former governor Tommy Thompson in the most expensive Senate race in state history. The Senate race was the most expensive in state history with the two candidates raising at least $65 million. The outcome is another blow to Republicans, who needed to make a net gain of four seats to take...
09:04 AM, Nov 07, 2012
US President Barack Obama has won his home state of Illinois, as well as his Republican rival Mitt Romney's home state of Massachusetts and Vice President Joe Biden's home state of Delaware. There have been no surprises in the returns so far from Eastern and Midwestern states. Obama wins the 20 electoral votes in Illinois, and the 11 in Massachusetts, along with 10 in Maryland and Delaware's three. He's also ...
09:03 AM, Nov 07, 2012
Atlanta: US President Barack Obama has managed to win some key battleground states such as Iowa, New Hampshire and Wisconsin. The race for the White House has turned out to be a neck-and-neck contest between incumbent President Barack Obama and Republican candidate Mitt Romney. In some of the key battleground states, which include Colorado, Florida, Nevada, New Hampshire, Ohio and Virginia, the fight is a close one. However, the US...
08:53 AM, Nov 07, 2012
Washington: Mitt Romney, meanwhile, has won in Utah, a state where he has ties. Romney was the organizer of the Salt Lake City Olympics. Those results left Romney with 159 electoral votes, to Obama's 147. Utah voters also re-elected veteran Republican Sen. Orrin Hatch to a seventh term. His Democratic rival, Scott Howell, made an issue of Hatch's age of 78. In Massachusetts, Democrat Elizabeth Warren has defeated Republican Sen....
08:53 AM, Nov 07, 2012
Washington: Pennsylvania has turned out to be safe for the Democrats after all. The state's 20 electoral votes are going to President Barack Obama. Pennsylvania had been considered to be in Obama's column for much of the campaign. But in recent days, as polls appeared to narrow, Mitt Romney's campaign saw an opportunity. There was a late advertising blitz for Romney, and the candidate added visits to Pennsylvania Sunday and...
08:50 AM, Nov 07, 2012
Washington: A New England battleground state has gone to President Barack Obama. He won the four electoral votes at stake in New Hampshire. Mitt Romney, meanwhile, has won in Utah, a state where he has ties. Romney was the organizer of the Salt Lake City Olympics. Those results left Romney with 159 electoral votes, to Obama's 147. Utah voters also re-elected veteran Republican Sen. Orrin Hatch to a seventh term....
08:44 AM, Nov 07, 2012
