Sanjay Jha, a journalist working with Canada-based news website NowPublic, is the first Indian to win the prestigious Loeb Award - one of the highest honours in American business journalism.


Jha, NowPublic's South Asia Bureau Chief, won the award for the television programme 'India's Promise'.


"It is a tremendous honour to be the first Indian recipient of the Loeb Award," Jha said.


"It is my privilege to provide a first-hand account of breaking Indian and South Asian news to readers and journalists," he added.


"Sanjay has proven himself as an extremely accomplished journalist in just a short time," said Leonard Brody, CEO of NowPublic.


"We're extremely proud and cannot think of a more deserving candidate," he added.


The Loeb Awards were established in 1957 by Gerald Loeb, to encourage quality reporting in business, finance and the economy.