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JAIPUR, Rajasthan— Former President Bill Clinton visited the Akshaya Patra's in Jaipur Kitchen on July 16. The kitchen, which is part of Akshaya Patra's Clinton Global Initiative (CGI) Commitment to Action, was built in 2004 and currently serves over 106,000 students in more than 1,400 schools is one of 20 such kitchens that Akshaya Patra operates across India.

"Akshaya Patra combines the execution excellence of a for-profit with the compassion of a non-profit," Akshaya Patra USA Chairman Desh Deshpande told President Clinton and the delegates at the kitchen tour. "If we all come together and bring our skills, our passion and our resources to bear, " he continued, " we can help this organization meet and surpass its goal of feeding 5 million children daily by 2020."

MUMBAI, India— ICICI Bank Limited, India’s largest private sector bank, announced the launch of ‘ICICI Bank Global Banking-Hello Canada’, a convenient banking service for Indians migrated or migrating to Canada. This service offers a customer the convenience of opening a Canadian Dollar (CAD) Account with ICICI Bank Canada along with an NRI (Non Resident Indian) savings account with ICICI Bank in India.
Nisha Desai Biswal, Assistant Secretary of State of South and Central Asian Affairs, recently testified before the US Senate Foreign Relations Committee, Subcommittee on Near Eastern & South & Central Asian Affairs, in Washington, DC. In her testimony, Biswal talked about reexamining US-India relations, especially in the context of recent Indian elections that conferred an unprecedented mandate on Prime Minister Narendra Modi and the Bharatiya Janata Party.
By Sundaram Mishra
BURLINGTON, MA--"Dress shabbily and they remember the dress, dress impeccably and they remember the women." This is Roshani Sharma's favorite quote by fashion mogul Coco Channel. To provide that impeccable elegance, Sharma, along with Divya Salhi, are opening Elegance by Divya & Roshni, a retail store in Burlington, MA, which promises to make elegance an irresistible shopping place for Indian ethnic wear.
KING OF PRUSSIA, PA--Theorem Clinical Research and Excel Life Sciences (ELS) have formed a strategic relationship to bolster Theorem's clinical development offerings in India, including local site management expertise. ELS has long-standing relationships with more than 1,000 hospitals and research centers across 25 cities throughout India, covering a broad range of therapeutic disciplines. 
Chandu Shah, founder and CEO of S4 Inc., a professional services and consulting firm catering to the U.S. government, Department of Defense, Department of Homeland Security and private entities, talks about the success of his firm, which is celebrating 15th anniversary this year. Shah is not only a successful entrepreneur, but also a poet, playwright, journalist, actor, director and film producer. He was Winner of the National Award for the Best Experimental Film in 1982. He wrote the script of a popular Gujrati film "Saptapadii," which was produced by Amitabh Bachchan and released in the United States, Canada, Australia, China and India last year.
The Chief Operating Officer of Facebook, Ms. Sheryl Sandberg, called on the Prime Minister, Shri Narendra Modi,. She said India is a very important country for Facebook, considering the high number of active Facebook users in India. The Prime Minister discussed with Ms. Sandberg, ways through which a platform such as Facebook can be used for governance and better interaction between the people and governments. 
NEW DELHI--US Deputy Secretary of State William J. Burns, who travelled to India July 10-11 in advance of the U.S.-India Strategic Dialogue, told reporters that America has a deep stake in India's success, and in Prime Minister Modi's success. During his visit, Burns will discuss the full range of bilateral issues — including economic, energy, and security cooperation — with senior Indian officials. He is the highest-level Obama Administration official to visit since the inauguration of the new Indian Government.
SAN FRANCISCO, CA-- Xoom Corporation (NASDAQ: XOOM), a digital money transfer provider, has launched a new advertising campaign, featuring a series of television commercials with Bollywood legend Amitabh Bachchan. All three T.V. ads ("Lightning," "OM" and "Jaldi Jaldi") were produced in Mumbai, India by Bollywood movie director Shoojit Sircar and are touting Xoom's instant bank deposits to India.

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Reserve Bank of India (RBI) has informed that in order to provide operational flexibility and ease the procedures, it has been decided to permit Authorised Dealer (AD) Category-I banks to issue bank guarantee, without prior approval of the RBI, on behalf of a non-resident acquiring shares or convertible debentures of an Indian company through open offers/delisting/exit offers, provided:

The new Indian Government placed its maiden Budget, for consideration and passing before Parliament of India on July 10, 2014. The Budget contains a number of proposals to improve business climate, encourage foreign investment, and bring a transparent and non-discriminatory regulatory regime for investors. The key excerpts from Finance Minister Arun Jaitley's speech in the Indian Parliament on July 10 may be seen here:

US Deputy Secretary of State William J. Burns will travel to India July 10-11 in advance of the U.S.-India Strategic Dialogue. He will discuss the full range of bilateral issues – including economic, energy, and security cooperation – with senior Indian officials. The Deputy Secretary will be the highest-level Administration official to visit since the inauguration of the new Indian Government, and this trip is an opportunity to further strengthen and deepen this important bilateral relationship, State Department said in a statement.

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This roundtable was specifically designed to host the finals of the Rackspace Cloud – 1M/1M Startup Challenge.

In previous years we suggested purchasing Virginia Land Preservation Credits. A dollar of tax credit could be purchased for 75 or 80 cents, saving a significant amount of money on state taxes. In recent years, however, some of these credits were challenged. Some of the people who purchased them had to redo their tax returns. Now, 88 cents is one of the best prices available. You still have to pay short-term capital gains on what you save. As a result, we are not recommending them this year.

In December 2009, Tristina Elmes owed more money than she could pay in taxes and found herself in tax court. The IRS wanted to collect as much as they could as quickly as possible. During an IRS summons, Elmes chose to plead the Fifth Amendment because she didn't trust the IRS in its fishing expedition.

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