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Pakistan and Indian traders hold talks in Kashmir to resolve issues, boost business

Jammu and Kashmir, May 22 (ANI): Indian and Pakistani traders held a joint meeting to discuss and resolve their business related disputes in a bid to boost bilateral trade, after a gap of 14 months, near zero point in Jammu and Kashmir. Traders from Rawalkot in Pakistan and Poonch in India were joined by the president chamber of commerce Jammu and Kashmir and Deputy General of Trade and Travel POK area. The District police organized the meet to facilitate conversation and discussion between traders. The meet was organized after complaints pouring in about defaulters of the barter system. The heads from both the countries also listened to trade demands of the participants.

May 22, 2014

As Amazon Tightens Market Grip, Flipkart and Snapdeal Prepare for Tougher Competition

With Amazon.com Inc (AMZN.O) ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalised this week.

May 22, 2014

Decisive clear mandate is promising for decision making, development: FICCI President

New Delhi, May 20 (ANI): Narendra Modi's landslide election win marked market optimism as Industry leaders welcomed a clear and decisive mandate which they said was important for decision making and development agenda, which was stalled for long by outgoing Congress led central government. Sidharth Birla, President of federation of Indian chambers of commerce and industry (FICCI), who addressed a news conference in New Delhi, said that the clear and decisive mandate would lead the country on the path of development. Elaborating on how India could revive its growth, Birla said moderate inflation and a positive business environment was a must for the country.

May 20, 2014

Modi Grapples with First Challenge - Filling his Cabinet

India's prime minister-to-be Narendra Modi was huddled in discussions with close aides and advisers on Sunday, finalising the names of people to join his cabinet and grappling with the crucial decision of who will be his finance minister.

May 19, 2014

Thailand's interim Prime Minister Niwatthamrong speaks during a news conference at the Permanent Secretary of Defence in Bangkok

Thai Protest Leader Promises Final Push for Alternative PM

Anti-government protesters in Thailand are to stage mass rallies in coming days to try to get a new prime minister installed, but their leader said if this final push in a six-month fight did not succeed, he would surrender to the authorities on 27 May.

May 17, 2014

Obama Allies Revive Push for Obamacare CEO

A group of healthcare experts close to the White House is urging the Obama administration to appoint a new CEO to oversee Obamacare's online health insurance exchanges and safeguard the next open enrollment period that begins in six months.

May 17, 2014

India Inc's Reaction on Narendra Modi Victory: FICCI and ASSOCHAM Expect Bold Economic Reforms

India Inc has expressed happiness over the clear mandate given to the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to form the government at the Centre, confiding that a stable government will pave the way for healthy economic growth by taking bold economic reforms. FICCI and ASSOCHAM are hopeful that Narendra Modi would bring about big changes to the country.

May 16, 2014

Anand Sharma bids adieu to Commerce Ministry

New Delhi, May 15 (ANI): Commerce and Industry Minister Anand Sharma on Thursday bid adieu to the ministry during a farewell with the staff of the ministry. Sharma said that the UPA government had worked tremendously for the development and trade industry of the nation and that he hoped that the works continue during the next government too. Further, in a farewell letter to USTR and IMF, he thanked them for their support to India's commerce.

May 15, 2014

Karbonn has announced new Titanium series smartphones

Karbonn Titanium Hexa to be Made Available Exclusively at Amazon India; Price, Specifications Details

Bengaluru based domestic smartphone maker, Karbonn Mobiles has reportedly joined hands with the global e-retail giant, Amazon to sell the company's flagship six-core handset, Titanium Hexa in India.

May 12, 2014

Labourers carry EVMs at an election material distribution centre on the eve of the final phase of general election in Kolkata

New Government Set to Inherit Wobbly Economy

India is on the cusp of political change that is widely expected to infuse a new life into an economy that is struggling to break away from a tale of weak growth and high inflation.

May 12, 2014

"Election" Massacres of Muslims Darken Immigration Debate

From his hiding place in a cowshed, Sefaqul Islam watched as masked gunmen moved through his village, shot women and children dead with automatic rifles and tossed wounded survivors into the blazing remains of their homes.

May 10, 2014

'Kochadaiiyaan' Release on 23 May: Why Rajinikanth Starrer has been Delayed Once Again?

Rajinikanth's much-awaited "Kochadaiiyaan" ("Vikramasimha" in Telugu) has been delayed and will be hitting screens on 23 May.

May 8, 2014

Lok Sabha Elections 2014: Cong Leaders Attack Modi Over Scoopgate Allegations

As the Union Law Minister Kapil Sibal on 2 May announced the Union government's probe into the "snoopgate," charges against Bharatiya Janata Party (BJP) prime ministerial candidate Narendra Modi, more Congress leaders like Rahul Gandhi, Sushilkumar Shinde, Anand Sharma began to attack the Gujarat Chief Minister.

May 2, 2014

Ranveer Singh Brand Ambassador For 'Roadster' Myntra Brand

Bollywood actor Ranveer Singh has signed up Myntra.com, India’s leading fashion and lifestyle e-commerce platform. Ranveer will be seen approving the most contemporary Jeanswear brand from Myntra.com Roadster that demonstrates both style and performance. It is established as the fashion brand for young India.

Apr 26, 2014

US envoy calls India to engage in discussions regarding IPR

New Delhi, April 26 (ANI): US ambassador to India, Nancy Powel, recommended India to engage in discussions related to Intellectual Property Rights (IPR). The United States has listed India in Priority Watch List - countries whose practices on protecting intellectual property, which it believes should be monitored closely. Speaking at the annual general meeting of the American Chamber of Commerce (AMCHAM) in New Delhi, Powel also reiterated US government's critical view point of 'forced local requirements' implemented India. Earlier in March, the US voiced concern over protection of patents on safer and more effective next-generation medicines in India upon fear that authorities are considering to allow more Indian firms to make new varieties of cheap generic drugs still on patent.