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Govt to Maintain Borrowing Levels
(June 30, 2006)
Federal Finance Minister P.
Chidambaram has said that the overall
size of borrowing for the current
fiscal year will remain at Rs. 152,856
(USD 33 billion).<More>
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PM Defies Commies on Disinvestment
(June 30, 2006)
Prime Minister Manmohan Singh signaled
that his Government will not rethink
its policy to disinvest in profit
making non-Navratna Public Sector
Units as means to finance increasing
social expense and
containing runaway deficits.<More>
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India to Harden Stance at WTO
(June 30, 2006)
Ignoring threats and warnings from
World Trade Organization (WTO)
personnel, India disclosed that it has
toughened its stand on agriculture and
industrial tariffs and asserting that
development challenge of the Doha
Round must be addressed. <More>
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Increased Heroin Flows from Afghanistan
(June 30, 2006)
Narcotic trackers say that an unwanted and unanticipated
side-effect of the Indo-Pak peace process that has
increased foot, rail, and road traffic between the two
nations is the upsurge of smuggling of heroin from
Afghanistan.<More>
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Tribal Rights Bill will shrink Forests Further
(June 30, 2006)
Satellite imagery shows that human habitation in and on
the periphery of forests, encroachment, and illegal
logging has reduced forest cover in 11 of the 28 forests
and the proposed Tribal Rights Bill (TRB) legalizing
forest dwellers land rights will exacerbate this
scenario.<More>
-
Services Oppose Ministry Equality Diktats
(June 30, 2006)
There is growing evidence that the three services are
opposing Defense Ministry diktats to offer permanent
commissions to women personnel unless they make
voluntary choices to combat roles and meet demanding
physical standards expected of fighting forces.<
More>
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India, Kuwait to Enhance
Aviation Ties
(June 30, 2006)
Following the recent visit
by the Kuwaiti Amir to
India, India and Kuwait will
review their aviation
bilateral arrangements to
increase the number of seats
available on airlines of
either country in
forthcoming bilateral talks
scheduled on July 18-19.<More>
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Australia Ships Remaining Wheat
(June 29, 2006)
The Australian Wheat Board (AWB)
announced that it has resolved quality
issues with Indian authorities and
will be exporting the remaining
400,000 tons of wheat of the 500,000
tons deal valued at USD 90 million.<More>
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AIDS Campaign Launched
(June 29, 2006)
A joint operation by the National AIDS Control
Organization (NACO) and the Union Ministry of Youth
Affairs and Sports have launched a 5-year Youth Unite
for Victory on AIDS (YUVA) plan aimed at reaching out to
adolescents and youth.<More>
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LTTE Regrets Rajiv Gandhi
Assassination
(June 29, 2006)
In a virtual admission of guilt,
the Liberation Tigers of Tamil
Eelam (LTTE) Chief Peace
Negotiator and Ideologue, Anton
Balasingham said that his
organization deeply regretted the
assassination of former Prime
Minister Rajiv Gandhi.<
More>
-
Indo-Sino Talks End, No Details
Disclosed
(June 29, 2006)
The eighth round of Indo-Sino
border talks ended with
proceedings held secretively and
results not made public but a
terse press release similar to the
one at the end of last round said
that the talks were held in a
"friendly, cooperative and
constructive atmosphere."<More>
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US Panel Passes Nuke Deal
With Caveats
(June 29, 2006)
The 50-member US Congress
International Relations
Committee (HIRC) approved
37-5 the Indo-US civilian
nuclear deal to exempt India
from the U.S. laws that
restrict nuclear trade with
countries that have not
submitted themselves to full
nuclear inspections.<More>
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Hamas, Fattah Recognize
Israel as Troops Amass
(June 29, 2006)
After the dramatic tunneled
attack and kidnapping of an
Israeli soldier, Israel has
ordered troops to the border
with Gaza as Hamas and
Fattah movements ended weeks
of acrimonious negotiations
to conclude an agreement
that implicitly recognizes
Israel.<More>
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Putin Wants “Quantum Jump”
in Indo-Russian Ties
(June 29, 2006)
Russian President Vladimir
Putin said “It is essential
to increase dramatically the
volume of our trade and the
level of investment [with
India], our cooperation in
the energy and other fields,
including military-technical
field.”<More>
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Panel to Discuss Manufacturing Issues
(June 28, 2006)
The Confederation of Indian Industry (CII)
said Prime Minister Manmohan Singh
will lead a high level committee on
manufacturing to discuss
macro-economic measures needed to make
industry globally competitive.<More>
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Uzbekistan Rejoins Russian-led Defense Pact
(June 28, 2006)
Uzbekistan rejoined a Russia-led Collective Security
Treaty Organization (CSTO) allowing the organization to
extend its reach beyond the borders of the former Soviet
Union.<More>
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Large Operation Kills 150 Taliban
(June 28, 2006)
Afghan and coalition forces launched Operation Mountain
Thrust, a major anti-Taliban operation 2 weeks ago,
killing 149, wounding 32, and capturing terrorists
described by Afghanistan as “enemies of peace and safety
of our people.”<More>
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Lankan Deputy Army Chief Killed
(June 28, 2006)
Suspected Liberation Tigers of
Tamil Eelam (LTTE) suicide bomber
rammed his motorcycle on a car
carrying Deputy Chief of Sri
Lankan Army killing him and 3
others and injuring 8.<More>
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US, Pakistan Energy Talks
(June 28, 2006)
The US and Pakistan will be
talking about co-operating on
energy this week in Washington
with Pakistan expected to demand a
nuclear deal along the lines of
the civilian deal and the US
saying that the needs of the
sub-continent nations are
different.<More>
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Hamas Tunnel into Israel to
Attack Army
(June 28, 2006)
In escalating violence,
Hamas militants in a brazen
pre-dawn attack, tunneled
into southern Israel from
the Gaza Strip, lobbed
grenades and bombs into a
tank at the border killing
two of the four man crew and
kidnapping its gunner;
Israel has vowed revenge. <More>
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Sudan Stops UN Activities
(June 28, 2006)
The Sudanese Government
asked local authorities in
the western region of Darfur
to immediately suspend UN
all non-humanitarian
activities in 3 states and
allow only the World Food
Program and other
international aid agencies.<More>
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Africa Promises to
collaborate on UN Council
Expansion
(June 28, 2006)
Ghana Foreign Minister Nana
Addo Akufo-Addo said Africa
will look at new ways of
collaborating with India for
expanding the UN Security
Council (UNSC) and said he
hoped that “the forthcoming
AU summit at Banjul will
give a new push to that."<More>
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CII Predicts Slower GDP Growth
(June 26, 2006)
The Confederation of Indian Industry (CII)
predicted slower Gross Domestic
Product (GDP) growth in the current
year bucking last year’s 8.4% growth
propped up by 3.9% growth in
Agriculture but insisted that growth
will remain impressive at the 8% level.<More>
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Bihar Amends Child Labor
Law
(June 26, 2006)
Responding to
Supreme Court ordering ban
on all forms of child labor,
Bihar has banned
employment of children
below the age of 14 in the
State’s shops,
establishments, and
businesses by amending the
Bihar Shops and
Establishments Act.<More>
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Defense Plans for Parallel Warfare
(June 26, 2006)
The Army, Air Force, and Navy have created new detailed
processes, called Parallel Warfare, for joint operations
coordinated in strategy and tactics specifying possible
formations, squadrons, and fleet movements to meet
political and military objectives.<More>
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Political Consensus on CDS Role
(June 26, 2006)
Defense minister Pranab Mukherjee is planning to
implement a decision by the Kargil Oversight Committee,
which investigated the Kargil War, to create Chief of
Defense Staff (CDS) as a single-point military adviser
to the government restructuring higher defense
hierarchies.<More>
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Taliban Offers Truce to Pak
(June 26, 2006)
A rebel 'commander' of the new Pakistani Taliban running
wild in Pakistan offered truce to allow elders to broker
a settlement after months of fierce fighting "as the
government wants to set up a tribal jirga (council of
elders) here.”<More>
-
Nepal Terrorists Want Merger with
Army
(June 26, 2006)
Nepal Maoist leaders are visiting
Katmandu after briefing cadre in
the West on June 16 dialogue and
will meet Prime Minister Girija
Prasad Koirala and other prominent
intelligentsia ahead of the next
summit probing opinions and
assessing space for their
movement.<More>
-
Informal Indo-Sino Boundary Talks
(June 26, 2006)
Special Representative to
India-China boundary talks (also
National Security Advisor K.
Narayanan) is in China for
official-level talks to continue
in-camera sessions under
“political parameters” set during
Chinese Premier Wen Jiabao’s visit
to New Delhi in April 2005.<More>
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CIA Conned on Iraq Germ
Threat
(June 26, 2006)
The US Central Intelligence
Agency (CIA) finally
admitted that the main
inspiration who prompted the
US to invade Iraq spreading
fear of mobile chemical labs
capable of launching germs
is “mentally unstable” “an
Iraqi defector suspected of
being mentally unstable and
a liar.”<More>
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Govt to Sell 10% of Nalco, NLC
(June 23, 2006)
The Cabinet Committee on Economic
Affairs (CCEA) agreed to allow the
Government to
disinvest 10% of two profit making
public sector non-navratna companies
to raise resources for the National
Investment Fund (NIF) mostly to fund
social sector expenses.<More>
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Private Sector Wheat, Sugar Imports
Allowed
(June 23, 2006)
Concerned at rising prices of wheat
and sugar, the Cabinet Committee on
Prices (CCP) has approved the
Government to allow private sector
operators to import them and has
banned the export of pulses.<More>
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Budget Quota for Minorities
(June 23, 2006)
The Government announced a
15 point program to focus
action sharply on issues
intimately linked with the
social, educational and
economic enhancement of the
minorities including a
quota of 15% of the budget
for them in certain
schemes. <More>
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Karzai names Zawahiri as Main Enemy
(June 23, 2006)
Afghanistan President Hamid Karzai names al-Qaeda number
two Ayman al-Zawahiri as his country's main that must be
neutralized or captured for having “brought massive
suffering to the Afghan people.”<More>
-
US Subpoenaed International Money Transfer Records
(June 23, 2006)
US Treasury Department gained sweeping access to
international banking records as part of a secret
program to choke off financial support for terrorism
that US Government sources say is "legal and proper use
of our authorities.<More>
-
Ind-Pak Water Disputes-- Tulbul,
Krishenganga, Baglihar
(June 23, 2006)
As part of the ongoing composite
dialogue process started in
February 2004, India and Pakistan
resumed discussions on the Wullar
barrage that India is constructing
over the Jhelum River in Jammu &
Kashmir called the Tulbul
Navigation Project.<More>
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UK Missing the India Boat
(June 23, 2006)
The UK Trade and Industry
Select Committee of British
Members of Parliament (MP)
said that British businesses
“have only partial
understanding of the Indian
economy, despite it becoming
the fourth-largest in the
world with the
second-largest population.”<More>
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Business confidence index up 8%, says CII
(June 22, 2006)
Belying stock market reverses, a
Confederation of Indian Industry (CII)
outlook survey says that compared to
six months ago, significant increase
in business confidence has hiked
growth expectations for the current
financial year by over 8%.<More>
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India, China Still Favorite Investment
Destinations
(June 22, 2006)
A poll of 400 expatriate investors
suggested that waning fears of
corporate governance in China and
fewer investment hurdles in India make
these countries their most favored
investment destinations.<More>
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AP High Court Castigates
Govt on Film Ban
(June 22, 2006)
In a humiliating verdict,
the
Andhra Pradesh High
Court severely castigated
the State Government’s
“irresponsible” decision to
ban a controversial movie
and said that the
“Constitution does not
allow private censor
intrusion.”<More>
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Early 2007 India, Russia Naval War Games
(June 22, 2006)
The Chief of the Naval Staff Admiral Arun Prakash said
that India and Russia will hold naval war games next
year called "INDRA-2007" and will be held off Russia's
Pacific coast early 2007.<More>
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LTTE Wants EU Monitors Removed
(June 22, 2006)
The Liberation Tigers of Tamil
Eelam (LTTE) has categorically
told Norwegian peace facilitators
in Sri Lanka that it will not
accept truce monitors from the
European Union (EU) because of the
terrorism-related ban on LTTE in
Europe.<More>
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India, Myanmar Boost Ties
(June 22, 2006)
Ignoring global initiatives to
isolate Yangon, India and Myanmar concluded the
7th round of bilateral consultations and decided
to take their energy and economic ties to a new
level by focusing their efforts on large
infrastructure projects.<More>
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US Helped Pakistan Secure N-Plants
(June 22, 2006)
Pakistan’s Strategic Plans Division of National
Command Authority that oversees nuclear and
missile programs said that it accepted
"non-intrusive" U.S. technical support after 9/11
for securing its nuclear facilities proposed by
former Secretary of State Colin Powell.<More>
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US Cautions India on Iran’s
Nuke Program
(June 22, 2006)
A key extremist politician
leading the US Congress
International Relations
Committee warned India to
act responsibly by not
supporting Iran’s nuclear
ambitions and not to
jeopardize Indo-US civilian
nuclear deal up for
discussions in the Committee
on June 27.<More>
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India-ASEAN FTA Talks Stalled
(June 21, 2006)
Negotiations between India and ASEAN
over the proposed Free Trade Agreement
(FTA) appear to be deadlocked over
ASEAN’s demand that India prune down
its list to only 60 items on which it
will offer no tariff cuts.<More>
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Govt Revenues up
(June
21, 2006)
India’s customs collections during the
1st two months of current financial
year have grown by 30% to Rs. 12,633
crores (USD 2.7 billion) and this
revenue has been attributed to an
increase in non-oil imports or 16% of
annual target of Rs. 77,066 crores.<More>
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Wheat Import Gets Murkier
(June
21, 2006)
Whittling down the
quarantine and quality
norms in importing wheat,
the latest tender of State
Trading Corporation of
India (STC) received eight
global bids trying to sell
3 million tons while Indian
requirements was for 2.2
million tons (mt) of
wheat.<More>
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US Promises to Respect
Human Rights
(June
21, 2006)
With growing complaints
from Europeans about US
treatment of prisoners at
Guantanamo Bay, the draft
of a final statement
prepared for the EU-US
summit contained a pledge
from US President George
Bush that he will respect
human rights in the war on
terror.<More>
-
India to Consider Bangla FDI
(June
21, 2006)
After considering recommendations
of a joint task force of Chambers
of Commerce from both countries,
Federal Minister of State for
Commerce & Industry Jairam Ramesh
said India will consider lifting
the ban on foreign direct
investment (FDI) from Bangladesh.<More>
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US Asks G-8 Support for Nuke
Deal
(June 21, 2006)
The US is lobbying the Group
of Eight (G8) nations to
meet in July at St.
Petersburg to back the
Indo-US civilian nuclear
deal amid serious
reservations in the US
policy making establishment,
some G8 nations (like China
& Japan), and European Union
(EU) states.<More>
-
Iran Gas Deal Fast-Tracked
(June 20, 2006)
On the sidelines of the Shanghai
Cooperation Organization (SCO),
Petroleum Minister Murli Deora met
Iranian President Mahmoud Ahmadinejad,
discussed the Iran-Pakistan-India
liquefied natural gas (LNG) pipeline
and returned more optimistic on the
deal.<More>
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India to Pay Myanmar for Port
(June 20, 2006)
Vexed with Bangladesh’s recalcitrant
attitude to deny land, sea, and rail
access to North Eastern India from the
mainland, India is offering Myanmar
money and sops to open a sea and river
trade route.<More>
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Exports Up, So is Deficit
(June 20, 2006)
According to the provisional trade
data released by the commerce
ministry, India’s merchandise export
in May was 35.31% higher than previous
year’s even as imports increased by
27.04%.<More>
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Army to Hunt Poachers, Safeguard Forests
(June 20, 2006)
The Ministry of Environment and Forests briefed Army
Chief J.J. Singh about a new proposal, apparently
supported by non-Government organizations, to amend
relevant laws that will empower the Army to track and
kill poachers.<More>
-
Indian woman faces high risk of AIDS
(June 20, 2006)
New survey data show that a majority of HIV-infected
women did not report a history of multiple partners,
intravenous drug use, or blood transfusions and seem to
have been infected through sex with their infected
husbands.<More>
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India, China to Open Nathu-la
(June 20, 2006)
India and China have agreed to
open the old silk route through
Nathu-la pass in
Sikkim for trade after 44
years and re-establish direct
trade links to trade 28 items
including blankets,
agro-chemicals, dry fruits,
beverages, canned food, and farm
implements.<More>
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Cotton Industry Tries to End Child
Labor
(June 19, 2006)
Several stakeholders in the cotton
industry came together in Kurnool
district in
Andhra Pradesh to end the
employment of an estimated 21,000
children in cottonseed production
farms.<More>
-
Harpoons Missiles for Pakistan
(June 19, 2006)
The George Bush Administration has notified the US
Congress that it will sell Harpoon Block II anti-ship
missiles and related equipment and services valued at
USD 370 million to Pakistan, seen as a “key ally” in the
“war on terror” and a “friendly nation.”<More>
-
Indo-Sino Relations in “new phase”
(June 19, 2006)
Indian Minister for Petroleum and
Natural Gas Murli Deora met
Chinese President Hu Jintao on the
sidelines of the Shanghai
Cooperation Organization (SCO)
meeting and learnt that China
views that its relationship with
India has entered a “new phase.”<More>
-
Pak Destroys Lahore Hindu Temple
(June 19, 2006)
Violating the Nehru-Liaquat pact that
prohibits the destruction of religions
places in either country, Pakistan has
reportedly destroyed a Hindu temple in
Lahore to build a 4-storey commercial
complex; Pakistan denies this report and
says the temple is intact.<More>
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SCO to Resist US?
(June 19, 2006)
The Shanghai Cooperation
Organization (SCO) ended its
fifth meeting last week with
a powerful message from Iran
asking China, Russia, and
other Central Asian nations
to combine their diplomatic,
economic, and political
clout to resist the US.<More>
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India, Kuwait Keen to Expand
Ties
(June 19, 2006)
While signing 3 agreements,
India and Kuwait expressed
keen interest to expand ties
in oil, energy,
construction, steel,
fertilizers, food
processing, tourism,
training, education, and
healthcare.<More>
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Bringing Economic Focus to
Indo-Japan Ties
(June 19, 2006)
With Indo-Japan relations
not growing at the right
pace, both countries have
signed an accord that will
“meet the needs of Japanese
investors” and “address
India’s needs” to ensure
“strategic importance of
both countries” are met.<More>
-
Higher Savings Needed for Higher
Economic Growth
(June 16, 2006)
The Planning Commission has warned
that the present savings rate of
28-29% could merely ensure a GDP
growth rate of about 7.5 per cent and
higher savings and foreign direct
investment (FDI) is necessary to get a
growth of 8-9% in the 11th financial
plan.<More>
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China Firm on Fighting Terror
(June 16, 2006)
China vowed to strengthen coordination efforts and
support for the Shanghai Cooperation Organization
Regional Anti-Terrorism Structure (RATS) “To fight the
‘three evil forces’ including the ‘East Turkistan’ force
and safeguard security and stability in the region.<More>
-
Poll Says US Troops Greater
Peace Threat
(June 16, 2006)
A poll of people in Britain,
France, Germany, Spain, and
Russia rated the presence of
US troops in Iraq is a
greater threat to world
peace than the Government of
Iran and such opinion was
even lower in Indonesia,
Egypt, Jordan, Turkey, and
Pakistan.<More>
-
US, India Focus on aviation, Tourism
(June 15, 2006)
A business delegation from Houston,
Texas visiting New Delhi showcased a
variety of business interests, ranging
from tourism to oil and gas and
information technology and focused on
making Indian aviation, tourism, and
cargo businesses its top partners.<More>
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Indo-Japan Plan CECA by year-end
(June 15, 2006)
India said that it anticipates a
Comprehensive Economic Cooperation
Agreement (CECA) to expand trade with
Japan and enhance bilateral
cooperation in pharmaceutical and
manufacturing to ensure doubling
bilateral trade to $10 billion in
three years.<More>
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Indonesia frees radical Islamic cleric
(June
15, 2006)
Indonesia set free radical imprisoned Islamic cleric Abu
Bakar Baasyir convicted for his role in "a sinister
conspiracy to cause a fire or explosion resulting in
deaths" after he completed his prison term that was
reduced to about 26 months from 30.<More>
-
Indo-US Nuke Talks End
Positively
(June 15, 2006)
India and the US ended
discussions positively on
the bilateral civil nuclear
cooperation agreement (which
forms the backbone of the
Indo-US nuclear deal) as
technical experts prepared
the broad outline of the
pact that will be signed
after US Congress approval.<More>
-
GoM Stops Pvt Sector Quota
Proposal
(June
14, 2006)
A Group of Ministers (GoM)
headed by Federal
Agriculture Minister Sharad
Pawar have ruled that the
proposal to reserve
employment in the private
sector is not politically
desirable, feasible, or
legal and has asked that
the proposal be shelved.<More>
-
Army Called to Curb ULFA Terror
(June 14, 2006)
The
Assam Government has called out the Army to battle
the United Liberation Front of Assam’s (ULFA) terror
campaign of bombing oil, pipeline, and other
installations and targeting civilian centers inviting
the wrath of many influential organizations.<More>
-
India, Kuwait to Sign 3
Agreements
(June 14, 2006)
India and Kuwait are set to
sign 3 agreements that would
include avoiding double
taxation, cooperation to
control illegal drugs and
narcotics, and improve
cultural ties during the 1st
visit in 20 years of Kuwait
Amir Shaikh Sabah this
week.<More>
-
Economic Census Says Rural Sectors
Growing Faster
(June
13, 2006)
In the first sign that economic
reforms are working, the “Economic
Census 2005” has shown that 61.3% of
rural enterprises to be growing faster
than their urban peers and a lot of
fast-paced development is happening in
the neglected North-East.<More>
-
Nepali Workers Executed in Kashmir
(June
13, 2006)
About 15-18 unidentified gunmen lined up 15 Hindu Nepali
laborers and in cold blood killed 8 and injured an equal
number in south Kashmir while another group exploded 3
grenades in a crowded bus stand in Jammu killing 1 and
injuring 31 Hindu pilgrims.<More>
-
Nepal Cancels Terror Cases,
Releases Terrorists
(June
13, 2006)
Nepal has announced that it will
release all terrorists detained
under the Terrorist and Disruptive
Activities (Control and
Punishment) Ordinance (TADO) and
cancel all pending cases to
placate the terrorist elements
with which it is negotiating
peace.<More>
-
US Cuts Pak Aid
(June
13, 2006)
The United States (US) cut its USD 701
million aid package to Pakistan citing
deterioration in human rights, lack of
progress on democracy, not doing enough on
terror and also speculated for denying
access to disgraced nuclear scientist A.Q.
Khan.<More>
-
Iran Insists on Right to Enrich Uranium
(June
13, 2006)
International Atomic Energy Agency (IAEA)
chief El Baradei said that Iran was
continuing to resist investigation into its
controversial nuclear program and accused
Iran of accelerating its program even as it
negotiates with Western powers.<More>
-
SCO Members Sign Pacts
(June
13, 2006)
Celebrating its 5th
anniversary, the Shanghai
Cooperation Organization (SCO)
will sign several pacts on
security and economic
cooperation and discuss
“issues of regional and
international importance”
review “past development,”
and evolve “future plans.".<More>
-
Indian Corp Raises USD 17B in Debt
(June
12, 2006)
Indian companies topped all
expectations to raise USD 17.13
billion last year in debt and capital
market issues including USD 5.21
billion through foreign currency
convertible bonds (FCCB).<More>
-
Indian Outward Investment Growth to EU
is more
(June
12, 2006)
Indian investments to the European
Union (EU) have grown from €25 million
in 1999 to €598 million in 2003 while
EU investments in India have remained
stagnant at €800 million since 1999.<More>
-
Three Prisoners Commit
Suicide in Guantanomo
(June
12, 2006)
Three inmates at the US
prison camp at Guantanomo
Bay have reportedly
committed suicide using bed
sheets and personal
clothing under mysterious
circumstances that the US
calls a "mystical" effort
to free their peers.<More>
-
Diabetes and Fizz Soda
(June
12, 2006)
After introducing a plan to curb smoking in movies,
Federal Health Minister Anbumani Ramdoss is now asking
movie actors and cricketers to stop being brand
ambassadors to aerated drinks to curb obesity and
diabetes among children.<More>
-
Indo-US Talks Nuke Coop Talks
(June
12, 2006)
India and the US are to
start conversations on
developing a bilateral nuclear agreement that could be
linked to the civilian nuclear deal that they signed
July 2005 and is currently being debated in the US
Congress.<More>
-
India Offers Rs.1000 cr Deal to
Nepal
(June
12, 2006)
India offer visiting Nepal Prime
Minister Girija Prasad Koirala a
deal worth Rs. 1000 crores (USD
217 million) that would include a
one time grant, waiver of dues for
supplied military equipment,
reworking of loans, and subsidized
fertilizer.<More>
-
India, Scotland to Boost
Ties (June
12, 2006)
The success of Cairn Energy
in India to qualify to bid
for 27 oil fields is
increasing expectations of
closer business ties between
India and Scotland.<More>
-
5th Largest, Fastest Growing
Mobile Population
(June
09, 2006)
India became the fifth
country in the world to host
more than 100 million mobile
subscribers and also has the
fastest growth rate-- China
has the most with 404
million subscribers, the US
185 million, Japan 150
million, and Russia 140
million.<More>
-
SC Asks Maulayam IT Returns
(June
09, 2006)
The Supreme Court (SC)
refused to stop
investigative processes
dealing with the
disproportionately high
wealth to their known
sources of income of Uttar
Pradesh Chief Minister
Maulayam Singh Yadav and his
son and asked to see his
income tax (IT) returns.<More>
-
Navy to Buy 3 more Stealth
Frigates
(June
09, 2006)
The Navy has completed price
negotiation for an important
defense import deal to
purchase three `Talwar'
class stealth frigates from
Russia for Rs. 3,000 crore (USD
650 million).<More>
-
Nepal Terrorists Caution
'House supremacy'
(June
09, 2006)
Alarmed by the bonhomie
shown to Nepal Prime
Minister Girija Koirala,
terrorists say that it is
concerned by the "slow pace"
of talks and warned of
"further bloodshed" if the
seven-party alliance (SPA)
made the Parliament the
supreme body in the
country.<More>
-
Oslo Talks Non-Starter
(June
09, 2006)
The Liberation Tigers of
Tamil Eelam (LTTE) surprised
Norway facilitators saying
that they will not meet with
the Sri Lankan Government (SLG)
delegation as it was not
representative of Sri Lanka
and also because of the
presence of European Union
members..<More>
-
Compulsory Pilotage’ of
Straits of Malacca
(June
09, 2006)
India outlined its support
to the `compulsory pilotage'
proposal by Singapore,
Malaysia and Indonesia at
the Shangri La security
dialogue held in Singapore
and highlighted the need to
sanitize the narrow channel
through which a large chunk
of world trade passes.<More>
-
Panel Warns of Non-Approval
of Nuke Deal
(June
09, 2006)
The influential Council on
Foreign Relations (CFR)
recommended that the US
Congress approve the Indo-US
civilian nuclear deal’s
basic framework without
delay so that the nascent
bilateral relationship is
not compromised even if
final approval is delayed.<More>
-
India is 4th Attractive Investment
Destination
(June 08,
2006)
A global survey has ranked India as the
4th most attractive investment country
and while it showed a diminishing
interest in call centers in India
without suggesting reasons for the
decline, it was still the most
preferred location for call centre and
back office activities.<More>
-
India, Oman Want to Improve
Military Ties
(June 08, 2006)
India and Oman expressed
keen interest to improve
their military ties through
increased interaction
between their respective
armies that would include
exchanging observers to
military exercises and
sending more officers to
Army schools in India.<More>
-
The CIA Terror Web
(June 08, 2006)
European Human Rights
watchdog Council of Europe
accused 20 countries,
including many in Europe, of
colluding with the US
Central Intelligence Agency
(CIA) to create secret
prisons to transfer terror
suspects and use torture as
means of interrogation.<More>
-
Spices Exports Up
(June
07, 2006)
For millenniums, Indian
nations have exported prices
to Egypt, Rome, China,
Israel, Srivijaya (Sumatra),
and Kadaram (Malaysia) in
return for ships laden with
gold; but in the last
decades, this sector has
hardly received any
attention from the
Government.<More>
-
Oil Slick Threatens Goa
(June
07, 2006)
As oil patches from the
Panama-registered MV Ocean Seraya which
broke into two after hitting a rock
during a recent storm system began
washing up on the popular tourist
beaches in Goa, environmentalists
warned of larger dangers of an oil
slick.<More>
-
Abbas Proposes Referendum, Gives Hamas
3 Days
(June
07, 2006)
Palestinian Territories President
Mahmoud Abbas gave Hamas 3 more days to
his terms to recognize Israel
unconditionally failing which he
promised to introduce a referendum that
could undercut Hamas.<More>
-
Eurocopter-HAL JV
(June
06, 2006)
World's leading helicopter
manufacturer Eurocopter Hindustan
Aeronautics Limited (HAL) signed a
global industrial cooperation
partnership agreement to jointly
produce civilian and military Ecureuil
and Fennec family of helicopters for
the world market.<More>
-
Indo-Bangla Business Ties
(June
06, 2006)
Six task forces of Indian and
Bangladesh business leaders
have agreed to influence
their respective governments
to allow containerized
movement of cargo through
road, rail and inland
waterways to boost bilateral
trade and investment. <More>
-
Strong Interest from Foreign
Funds
(June
06, 2006)
Encouraged by the great
economic promise, improved
relations with the West, and
tremendous strides in
industry, major foreign funds
disclosed plans to enter the
Indian mutual fund industry.<More>
-
PM Finally stands up to
Commies
(June
06, 2006)
In a very refreshing,
albeit belated, twist,
Prime Minister Manmohan
Singh is seen to be
standing up to the
communist allies who
support the Government from
the outside but have only
increased the level of pain
of operation on several
policy fronts.<More>
-
YSR Cries after Spilling Milk
(June
06, 2006)
After giving free electricity and causing near total
depletion of ground water resources in
Andhra Pradesh, Chief Minister Y S Rajasekhkara
Reddy said he was concerned that several districts in
the state are facing the grim reality of turning into a
desert.
<More>
-
EU in Iran with Deal
(June
06, 2006)
European Union Foreign Policy
Chief Javier Solana is in Iran to
present a deal that is expected to
create a productive nuclear
dialogue between Iran and the
West, achieve a cessation of
nuclear enrichment, and reduce
tensions on security and energy
availability.<More>
-
Nepal PM in India this Week
(June
06, 2006)
The newly reinstated Nepal Prime Minister G
P Koirala will travel to New Delhi on
Wednesday seeking India's cooperation in
restoring peace, assistance for economic
reconstruction, and resolving the
insurgency that is tearing his country
apart.<More>
-
Islamic Militia Claim
Mogadishu
(June
06, 2006)
An Islamic militia, along the
lines of Taliban in
Afghanistan, claimed that it
has seized Mogadishu after
weeks of gory fighting
capping 15 years of anarchy
in Somalia.<More>
-
TN Asks for Bailout Money
(June
05, 2006)
The recently elected minority
Government in
Tamil Nadu
(TN) that came to power
promising largesse to the
population, has approached
the Federal Government for
more money to fund their
electioneering policies. <More>
-
UN Panel on Children Sexual
Exploitation
(June
05, 2006)
The United Nations World
Committee on Tourism Ethics (UNWCTE)
announced that it will set up
an executive committee to work
on the sad increase in
child-sex tourism even though
several studies have shown
that overall sexual
exploitation numbers are down.
<More>
-
Largest Coke Haul
(June
05, 2006)
Narcotics Control Bureau official
say that they have seized 200
kilograms of cocaine from a ship
from Honk Kong with an estimate
street value of USD 50 million.
They say this is the largest
recorded haul of cocaine.<More>
-
Huge BrahMos interests, IAF Version by 2007
(June
05, 2006)
With the planned induction of the supersonic BrahMos
missile in the Navy and Army, the Indo-Russian joint
venture plans to bring an air force version to be ready
for tests by end of 2007. <More>
-
NSG Hardliners Blocking India’s Nuke Quest
(June
05, 2006)
Allowing an exemption to India to procure nuclear fuel
was initiated at the plenary session of the 44-nation
Nuclear Suppliers Group (NSG) meeting at Rio de Janeiro
and it appears that Norway, Sweden, and Ireland were the
last three holdouts against the idea.<More>
-
Pak Terror Breakthroughs in Britain, Canada, India
(June
05, 2006)
British police claims to have broken up a plan to
release the deadly Sarin nerve gas or cyanide on crowded
areas in London on July 7 by two Bangladeshi jihadis
living among Pakistanis and Indians in East London.<More>
-
Iran Threats Oil Disruption
(June
05, 2006)
In addition to its previous threats of
attacking Israel and occupied
coalition armies in Iraq and
Afghanistan, Iran responded to
bellicose statements from certain
American establishments and promised
to attack oil and natural gas ships if
it is attacked by the US. <More>
-
Nepal, Terrorists Agree on Code
(June
05, 2006)
The newly installed Nepali Government and
the Maoist terrorists have finally agreed
on a 25-point code of conduct to move their
dialogue process forward and agreed to work
together to form a new Constituent Assembly
elections. <More>
-
Out
of Control Revenue Deficit
(June
02, 2006)
In worrying signs for the
economy, the latest revenue
expenditure statement
released by the Government,
revenue deficit ballooned in
April and was 21.5% of the
estimated deficit in the
budget compared to 18.8%
last year. <More>
-
33%
Higher IT Exports at USD
23.6B
(June 02, 2006)
Fourth year in a row,
Information Technology (IT)
and Information Technology
Enabled Services (ITES) grew
at an astounding 33% netting
USD 23.5 billion from
exports and 31% domestic
growth netting USD 29.6
billion.<More>
-
Naxal
Blast Kills CRPF Men (June
02, 2006)
In a suspected reprisal
attack, Naxal terrorists
blasted a landmine killing
several Central Reserve
Police Force (CRPF)
personnel deployed in the
Naxal-infested
Chhattisgarh.<More>
-
Major
Attack on RSS Foiled (June
02, 2006)
Better intelligence data
helped security forces
stopped a potentially
horrendous terrorist attempt
by suspected Lashkar-e-Toiba
(LeT) terrorists to
attack the
Rashtriya
Swayamsevak Sangh (RSS)
headquarters at Nagpur. <More>
-
US
Wants UN Action on Myanmar
(June
02, 2006)
Angered by the extension of
the house arrest of
Opposition leader Aung Sang
Suu Kyi in Myanmar, the US
is planning to raise a
resolution in the United
Nations Security Council (UNSC)
demanding the immediate
release of incarcerated
opposition leaders. <More>
-
EPDP
Cadre Killed Timing Boucher
Visit (June
02, 2006)
As US Assistant Secretary of
State for South and Central
Asian Affairs, Richard
Boucher arrived in Colombo,
two Eelam People’s
Democratic Part (EPDF)
cadres were gunned down
while a bomb blast at their
office in Batticaloa wounded
4 people.<More>
-
Iran
Rejects US Preconditions for
Talks (June
02, 2006)
Iran rejected a conditional
offer by the US for talks
saying that it will not give
up its “natural right”
to enrich uranium but said
it would be happy to talk to
them.<More>
-
GDP Performs Above
Expectation
(June
01, 2006)
Better Agriculture,
Manufacturing, and
Services sector
performance saw the
Gross Domestic Product
(GDP) going up to 8.4%
compared to 7.5% the
previous year; the stock
market actually
collapsed despite the
good news citing global
concerns.<More>
-
Govt Shrugs on OoP Return
(June
01, 2006)
The Government seems to be shrugging off
President Abdul Kalam’s action to return the
“Office of Profit” bill asking it to apply
more thought to the definition, process, and
procedures of the bill.<More>
-
Smoking Ban in Bollywood
Movies
(June 01, 2006)
After months of debate and
indecision, the Health and the
Information and Broadcasting
Ministries seemed to have
decided that smoking in movies
is definitely bad for India
and have proposed a series of
measures.<More>
-
Pressure on US to Punish Pak
(June 01, 2006)
Increasing number of policy makers, and opinion
makers in the US are demanding that the US
review its bogus position of Pakistan as a
frontline ally against terrorism and demand a
firm deadline by which it can reign in its
military and intelligence agencies. <More>
-
Nepal Humiliates King Even More
(June 01, 2006)
The recently reconvened Nepali Parliament went
on another revenge spree proposing various
measures that will minimize the King’s stature
even more and in a move seen to placate the
Maoist terrorists, it ordered the release of all
terrorists in jails.<More>
-
US Marines Killed in Cold Blood
(June 01, 2006)
A military investigation into the gory death
of 38 civilians in Haditha, Iraq last
November suggests that US Marines purposely
shot to death 38 civilians in cold blood and
instead claimed that they were killed in a
roadside bomb attack.<More>
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