Washington -

Washington, Sep 28 : President George W Bush congratulated the US House of Representatives for passing the Indo-US civil nuclear deal by thumping majority, and urged the Senate to quickly follow suit.

“I urge the Senate to quickly take up and pass this important piece of legislation before their October adjournment,” he said in a statement, as the House approved the implementing 123 Agreement by an overwhelming 298 to 117 vote.

Washington - The troubled automakers General Motors, Ford and Chrysler got a lift Saturday from the US Congress, which gave the final green-light for 25 billion dollars in loans to the auto industry to help develop fuel-efficient cars.

Congress also lifted an offshore oil-drilling ban and approved 602 billion dollars for the departments of defence, homeland security and veterans affairs.

The final approval came from the Senate after the House of Representatives gave approval earlier this week.

Washington - The US House of Representatives approved an agreement on Saturday allowing the United States to sell civilian nuclear material and technology to India, bringing the landmark accord one step closer to President George W Bush's signature.

The House voted 298 to 117 to pass the agreement that still must clear the Senate. Senate Majority Leader Harry Reid said Saturday that the upper chamber will not take it up until at least Monday.

Titan Industries Limited, the jewellery and watches division of the Tata Group, has signed a long-term agreement with Hamilton Sundstrand, a subsidiary of United Technologies Corporation.

United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.

JPMorgan Chase, a leading global financial services firm has informed that it has acquired all deposits, branches, assets and certain liabilities of Washington Mutual's banking operations from the Federal Deposit Insurance Corporation (FDIC) for around $1.9 billion.

However, the transaction excludes senior unsecured debt, subordinated debt and preferred stock of Washington Mutual's banks.