People will trade if they want to trade.

Mid-cap stocks will now participate in the rally in a big way as front-line stocks look stretched.

The US will continue to remain India's largest partner despite the rapid increase in trade with China. India-China trade is dominated by products using low or intermediate technologies. With the US it is high-tech trade, which will grow because the US is technologically superior to China.

Trade between our two countries has brought tremendous benefit to the people of both countries, ... We will still try to promote a balance in our bilateral trade in an active and positive approach.

Our trade contacts indicate Reynolds American has already developed a product and will enter the market with Camel, possibly in conjunction with the Daytona 500 in mid-February.

I see no need for a Royal Commission [on trade unions] which will take minutes and waste years.