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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>
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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>
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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>
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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>
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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>
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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>
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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>
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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>
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Iran Gas Dea