The Indian origin winners are Sonia Narang, a journalist with NBC News in New York, and Sanjay Bhatt, an enterprise reporter for The Seattle Times.
The awards provide journalists with a scholarship to attend the prestigious Wharton Seminars for Business Journalists at the Wharton School of the University of Pennsylvania in Oct 2009.
"A mortgage crisis, global market turmoil, federal, state and local government budget cuts and tracking federal stimulus money. It's clear that economic and business coverage is important no matter what beat a journalist covers," said SAJA president Sandeep Junnarkar.
"The Wharton seminar is an immensely valuable opportunity for journalists to learn about intricacies of business coverage. We're grateful to the Wharton School for the 10th year of continued support," he said.
The award was sponsored by the South Asian Journalists Association (SAJA), the Wharton School and the Knowledge@Wharton online business journal.