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Afghanistan election results confirm Abdullah Abdullah-Ashraf Ghani run-off
Posted on 17th May 2014
Afghanistan's election will go to a run-off vote between former foreign minister Abdullah Abdullah and ex-World Bank economist Ashraf Ghani, results today confirmed, as the country enters a new era without NATO combat troops.

The head-to-head election, scheduled for June 14, will choose a successor to President Hamid Karzai in Afghanistan's first democratic transfer of power.

About 60 lakh voters chose NOTA in Lok Sabha 2014 elections
Posted on 17th May 2014
Close to 60 lakh voters opted for the None of The Above (NOTA) option across the country while exercising their franchise in the 16th Lok Sabha polls with the maximum percentage of the electorate going for this choice in Puducherry.

As per data updated till 11:20 P.M., the NOTA vote share stood at 1.1% of the total votes polled, which boils down to a total of 59,78,208 votes.

Barack Obama congratulates Narendra Modi; invites him to visit US
Posted on 17th May 2014
President Barack Obama last night congratulated Narendra Modi for his electoral victory during a telephone call and invited him to visit the US to further strengthen bilateral ties.

"The President invited Narendra Modi to visit Washington at a mutually agreeable time to further strengthen our bilateral relationship," the White House said following the maiden telephonic conversation between the two leaders. The phone call was stated to be brief.

Deal with Narendra Modi cautiously, says Pakistani paper
Posted on 17th May 2014
Pakistan should not show "rage where it may not be due" while dealing with a new Narendra Modi-led government in India, a leading Pakistani newspaper said on Saturday.

"Modi's rise to such power, decisive and non-controversial, will have a global impact but our region will have to deal with this new leader in our best national interest," The News said in an editorial. It said Pakistan should not succumb to pressure or compromise its interests but also not show "rage where it may not be due".

New govt should focus on its promises: Industry chambers
Posted on 17th May 2014
Corporate India tempered its victory celebrations for the supposedly business-friendly Narendra Modi-led National Democratic Alliance's landslide electoral victory by highlighting the need for immediate steps to create jobs through inclusive economic growth.

With demands for steps to improve business and consumer sentiments, re-start stalled projects, reduce interest rates and ease the environment for doing business, industry heads said the new government should focus attention on implementation of its promises.

Adani Ports buys Dharma port for about Rs5,000 crore
Posted on 16th May 2014
Bangalore: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator, has bought the Dhamra port in Odisha for about Rs.5,000 crore from a joint venture (JV) of Tata Steel Ltd (Tata Steel) and Larsen and Toubro Ltd (L&T) in the biggest deal yet in the Indian ports sector.

“The shareholders agreement will be signed later today (Friday),” at least two people familiar with the deal said, asking not to be named as news of the deal has not been made public yet.

Jessop closes its Dum Dum plant
Posted on 16th May 2014
Jessop suspended work at its 226-year-old Dum Dum factory on Thursday — just a week after Chief Minister Mamata Banerjee had assured the workers of looking into their concerns during an election rally on May 8. The closure has rendered 635 workers jobless.

Laddoos, roses, crackers: BJP all set
Posted on 16th May 2014
The BJP, on a high after exit poll projections, is gearing up accord a victor’s reception to Narendra Modi when he reaches the capital on May 17.

The party plans to decorate the route from the airport to its headquarters at 11, Ashok Road, and mobilise people in a huge way.

US warns Russia of new sanctions if it disrupts Ukraine vote
Posted on 16th May 2014
The United States warned Russia of punishing new sanctions if the Kremlin and its allies in Ukraine disrupt crucial presidential elections in the former Soviet republic which is less than 10 days away.

The United States warned Russia of punishing new sanctions if the Kremlin and its allies in Ukraine disrupt crucial presidential elections in the former Soviet republic which is less than 10 days away.

Hope Modi govt is friendly with Tamil Nadu: Jayalalithaa
Posted on 16th May 2014
Basking in the glory of an expected historic victory, AIADMK general secretary and Tamil Nadu Chief Minister J Jayalalithaa said the verdict was the expression of love and confidence by the people. Jaya met the press at her Poes Garden residence in the afternoon after mid-day trends showed her party to be leading from 37 of the 39 constituencies in the State.

If these advantages are consolidated to victories, the party could emerge as the third biggest in the next Lok Sabha.

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