India plans cuts to imports from Malaysia, Turkey in Kashmir rowIndia is planning to cut some imports from Turkey and widen curbs on palm oil from Malaysia to oil, gas and other products, government officials said, targeting the two Muslim-majority countries for their criticism of India's policy towards Kashmir. India, the world's biggest buyer of edible oils, has already effectively stopped importing palm oil from Malaysia by asking Indian importers to look elsewhere.

Opposition spreading negativity, could not find solution to unemployment in 60 years : Amit Shah

Apparently taking on Congress party, Union Home Minister Amit Shah on Wednesday accused the Opposition of spreading negativity, saying no new solution was found to deal with unemployment during its 50-60 years of rule. Speaking at a foundation stone laying function for the Indian Institute of Skills (IIS) here, the minister also said the government's target to make India a USD 5 trillion economy was doable.

AGR verdict: Supreme Court to hear telcos' review pleas in closed chamber today

The Supreme Court will hear review petitions filed by telecom companies against its verdict on the Adjusted Gross Revenue (AGR) today. The hearing will be conducted in closed chambers at 1:50 pm on Thursday, although Bharti Airtel and Vodafone Idea had called for an open court hearing. The companies have to pay pending AGR dues to the Department of Telecommunications by January 23.

RBI allows users to enable, disable credit, debit cards; modify usage limit

With an eye on the growing number of digital transactions via credit and debit cards, the Reserve Bank of India (RBI) has floated new features for banks to ensure security and convenience of card users. Under the new rules, banks will be able to issue credit and debit cards that can be used only at ATMs and with PoS devices. The choice of using the cards for contactless and international transactions will lie with the user.

Inspired by physically challenged man's venture, Anand Mahindra sets aside Rs 1 crore for micro-entrepreneurs

Tycoon Anand Mahindra has offered to set aside Rs 1 crore for helping micro-entrepreneurs. Taking to Twitter, the Mahindra & Mahindra Chairman shared a video, which features a Gujarat-based differently-abled man, Vishnu Patel, who makes vehicles using electronic waste and electronics parts.

Xiaomi to focus more on Mi sub-brand in India; premium flagships expected in 2020

Chinese technology company Xiaomi is starting the year 2020 with a renewed focus on its Mi sub-brand and intends to launch products across categories including the ultra-premium smartphones and Mi Home portfolio. Until now, the focus had been on the Redmi series, which has helped the company garner popularity as well as the market share in the Indian market.

US and China tiptoe around holes in new trade agreement

The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved.

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