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India, Pakistan agree to jointly patent basmati

India, Pakistan agree to jointly patent basmati India and Pakistan have agreed to jointly file for intellectual property rights over Basmati rice. Officials of the two countries who met in Islamabad on Tuesday decided to jointly set up a sub-group of experts to discuss the matter and suggest steps for the protective registration of the Basmati brand. “Basmati rice, from both sides, is an important issue from the international point of view and we should protect our interests,” Indian commerce secretary SN Menon said. Earlier, there have been cases of attempted infringement over Basmati rights. A US firm had patented

Congress Urged to OK U.S.-India Nuke Pact

Congress Urged to OK U.S.-India Nuke Pact Secretary of State Condoleezza Rice on Monday urged lawmakers to approve a plan this month to share civilian nuclear technology with India. In a speech to a group of Indian-Americans, Rice noted that legislation implementing the accord between the United States and India was overwhelmingly endorsed by two key congressional panels last month. President Bush considers the deal one of his premier foreign policy efforts. But, Rice said, our work is not yet done. Rice encouraged action before lawmakers leave for a recess in several weeks. The deal also must be approved by the Nuclear Suppliers Group,

Pakistan, India for common IPR of Basmati

Pakistan, India for common IPR of Basmati Pakistan and India are likely to get a common trademark for Basmati rice as they agreed to jointly file a case to claim Intellectual Property Rights (IPR) over it worldwide. India has formed a Joint Study Group for consultations with Pakistan on the joint registration of Basmati as a geographical indication, following detailed discussions between the commerce secretaries of both countries here in March. The issue had been under active consideration by the All India Rice Exporters Association (AIREA) and the Rice Exporters Association of Pakistan (REAP) as well as by the two governments.

Sebi warns India Infoline to exercise caution over content

Sebi warns India Infoline to exercise caution over content The Securities and Exchange Board of India (Sebi) has asked India Infoline Ltd to exercise due care and diligence to ensure that persons with proven credentials of giving fair and truthful information and analysis are allowed to give advise on its portal indiainfoline.com so that the portal is not misused by persons giving advice purely on considerations of personal gains. India Infoline Ltd is a Sebi registered stock broker, portfolio manager and a merchant banker. The Sebi remark came in the wake of a cease and desist order passed by its

Global outrage, New York jitters after India bombs

Global outrage, New York jitters after India bombs World powers condemned the bombs that killed over 160 people in the Indian city of Mumbai on Tuesday, and September 11-scarred New York tightened security on its subways. U.S. Secretary of State Condoleezza Rice said the string of explosions on commuter trains and at railway stations during the financial capitals evening rush hour was a hideous incident. We condemn thoroughly this terrible terrorist incident, Rice told reporters in Washington. We will stand with India in the war on terror. It just shows this kind of hideous incident can happen anywhere in the world