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day, January 30, 2007


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   News Analysis - January 2007


 
  • India on GLONASS GPS (January 31 , 2007)
    After failing to secure a berth in the US and European Global Positioning Systems (GPS) because it failed to get guarantees of uninterrupted service contract, India gained access to the Russian Global Navigation Satellite System (GLONASS).<More>

  • Russia Uranium Pilfered? (January 31 , 2007)
    Georgia revealed that its agents posing as Islamic rebels arrested a Russian businessmen trying to sell weapons-grade uranium hidden in his jacket a independent reports quoted US authorities confirming that the uranium was 90% enriched.<More>

  • MiG-35 on IAF Radar (January 31 , 2007)
    The impending 126 IAF fighter aircraft contract is seeing spirited competition from Russia’s MiG-35, the enlarged and more advanced version of the MiG-29/MiG-33 family and seen as a potential replacement for the MiG-29 and Su-27.<More>

  • Jintao Travels to Africa Again (January 31 , 2007)
    Chinese President Hu Jintao is traveling to Africa again that the African Development Bank (ADB) says is focused on trade and to strengthen bonds with ignored nations and population and making “Africa one of the major areas of attention.”<More>

  • SLG Criticized for Military Emphasis (January 31 , 2007)
    As donor nations pledged large sums of money to help civil-war torn Sri Lanka, donor nations also criticized the government’s overemphasis on military option and widespread skepticism over the recent splitting of the Opposition for political gain.<More>

  • IPI Agreement Closer to Reality (January 31 , 2007)
    As US-Iran relations nosedived over accusations of meddling over Iraq and Tehran’s nuclear program, India, Pakistan, and Iran seemed to have agreed on a price to transport natural gas to India over the Iran-Pakistan-India pipeline project.<More>

  • US-China IPR Spat (January 31 , 2007)
    As trade gap between the United States and China widened, the countries appeared to be on collision course over intellectual property rights (IPR) with Washington accusing Beijing of counterfeiting American goods.<More>

  • SC Allows TV Evidence (January 30 , 2007)
    In a significant move, the Supreme Court (SC) has ruled that it will allow television interviews by accused “shall be considered at the appropriate state in the trial” and thereby affecting ongoing trials.<More>

  • Political Color to Religion through Sachar Report (January 30 , 2007)
    With elections coming up in Uttar Pradesh, the United Progressive Alliance (UPA) government is reportedly reading democratic statistics to execute minority welfare schemes even as Muslims accuse the Sachar Report of ignoring their women.<More>

  • Aerospace Command to Protect Space Assets (January 30 , 2007)
    Responding to the Chinese satellite killer weapon, Chief of Air Staff Air Chief Marshal S.P. Tyagi said that India is in the process of setting up a separate “aerospace command” to exploit outer space and also to protect “space assets.”<More>

  • Hurriyat Wants to Stop Violence (January 30 , 2007)
    In sharp variance with its past of supporting armed insurgency as a means to achieve a “solution” to the Kashmir question, the Hurriyat Conference, an umbrella group of separatist organizations has called for a cessation of violence as means to achieve their objectives.<More>

  • US Anti-Proliferation US Law (January 30 , 2007)
    The Democrat controlled US Congress passed a new law that will require the US President to take “punitive action” against nations with dubious proliferation records or those that cooperate with those that proliferate.<More>

  • Heart Disease Incidence Rising (January 30 , 2007)
    An international study on heart disease covering 52 countries and 30,000 patients found that changing lifestyles and diet along with “harmful factors such as cholesterol and history of diabetes” cause heart attack 5-10 years earlier in India than elsewhere.<More>

  • Large Budget Allocation for AIDS Control (January 30 , 2007)
    The National AIDS Control Organisation (NACO) proposes to spend 67.2 per cent of the total budget on prevention of HIV/AIDS under phase III of the National AIDS Control Programme on targeted interventions and anti-retroviral treatment.<More>

  • Indo-Australia Trade Prospects (January 30 , 2007)
    In an interview with Deccan Herald, Australian Trade Commissioner for South Asia Michael Moignard advocated increased trade and value addition from Australia to boost bilateral trade levels from USD 8.6 billion.<More>

  • First India-Russia-China Structured Meeting (January 30 , 2007)
    India, Russia, and China will hold their first structured foreign ministerial meeting in New Delhi seen as an effort to coordinate response and efforts in international affairs, although the foreign ministers have met thrice over the last 2 years .<More>

  • Indian Economy to Surpass US by 2050 (January 29, 2007)
    A recent Goldman Sachs study projected that India, along with China, will surpass the US economy by 2050 as India has moved onto a much faster trajectory fueled by strong and steady manufacturing productivity gains.<More>

  • Space Arming Realities, Abe Wants Cons Change (January 29, 2007)
    With new nuclear weapons state in the neighborhood and testing of anti-satellite missile by China leading to possible arming of space, is compelling Japan to reconsider changing its pacifist Constitution to protect its interests.<More>

  • Foreign Defense Contracts (January 29, 2007)
    As part of its new defense procurement policy, India is all set to sign offset agreements with two foreign companies requiring foreign vendors to source one-third of the value of the contract from within India.<More>

  • Lebanon Aid Pledge Mired in Internal Strife (January 29, 2007)
    Saudi Arabia and United States got 30 other nations to pledge USD 7.6 billion to shore up a shaky Lebanese government led by Prime Minister Fouad Siniora under siege by Hezbollah-led Shiite population.<More>

  • US Plans Large Afghan Package (January 29, 2007)
    The US President George Bush is reportedly seeking Congressional approval for another USD 7-8 billion for security, reconstruction, and counter-offensive operations including training and policing operations against a resurgent Taliban.<More>

  • UN Lauds Role of Women in Governance (January 29, 2007)
    A UN report noted the increasing participation of women in politics and governance in India and lauded government policies for reserving up to a third of seats for women in local-level administration to promote gender equality and empowerment.<More>

  • EU Help to Clean Ganga (January 29, 2007)
    To provide safe drinking water, the European Union is collaborating with many renowned Indian institutes to introduce natural and proven techniques of water filtration techniques and begun a EU-India River Bank Filtration Network.<More>

  • Russia Wants Energy, Military Pie (January 25, 2007)
    Russian President Vladimir Putin arrived in India to rejuvenate ties hoping to win a strong share of India’s large energy and military budget and also be the Guest of Honor of the Republic Day Parade that showcases Indian military and cultural might.<More>

  • Karuna Group Destabilizing, SLG Colludes (January 25, 2007)
    Annoyed by selective leaks of an internal document by the Sri Lankan Government (SLG), donor nations outed the report blaming the SLG-supported Karuna faction as a major destabilizing factor and the Human Rights Watch (HRW) also blamed the government for “willful blindness.”<More>

  • NK Nuclear Help to Iran, Indian Help Sought (January 25, 2007)
    The Daily Telegraph carried an expose that accused North Korea (NK) of helping Iran with nuclear testing similar to the one it carried out last October by providing Iranian scientists relevant data and know-how.<More>

  • Wipro in Saudi JV (January 25, 2007)
    Wipro Infotech and Dar Al Riyadh Group formed a joint venture called the Wipro Arabia Ltd specifically to cater to the IT market in Saudi Arabia with Wipro owning 2/3rd and the Saudi partner the rest.<More>

  • “Red Tapism” Slowing Indo-UK Trade (January 25, 2007)
    Chairman of the Indo-British Partnership Network (IBPN) Lord Karan Bilimoria said in an interview with the Times of India that although “reduced to a great extent,” the biggest bottleneck to further bilateral trade is “Red tapism.”<More>

  • Pak Hurdles on SAFTA (January 25, 2007)
    Hailing Afghanistan’s entry into the South Asian Association for Regional Cooperation (SAARC), an Indian official complained about Pakistan’s refusal to implement South Asian Free Trade Agreement (SAFTA) which impeded regional trade.<More>

  • Satellite recovered from sea (January 24, 2007)
    The Indian Space Research Organization (ISRO) Space Capsule Recovery Experiment (SRE-I) was a “grand success” as the capsule “gently” splashed down into the Bay of Bengal and recovered by the Coast Guard.<More>

  • Russian Engines and Chinese Planes (January 24, 2007)
    Russia has assured India that it will not allow China to use its RD-93 engines in the JF-17 Thunder multi-role fighter aircraft in planes it plans to sell to Pakistan and is apparently covered in the end0user certificate contracts barring export of technology to Pakistan.<More>

  • Pak Forces Attacked by NATO (January 24, 2007)
    NATO troops using helicopter gun-ships returned fire on a Pakistani check post on the Afghanistan border in an obvious retaliation for Pakistani Army giving covering fire for infiltration of terrorists in North Waziristan.<More>

  • M&A Worth $8B in FDI (January 24, 2007)
    Global economists have predicted that the “high performance of the Indian economy” infused by “the improving policy environment” is expected to accelerate “direct investment” to USD 8 billion from USD 6.5 billion the previous year.<More>

  • IT Revenues Projected at USD 47B (January 24, 2007)
    An industry review of Information Technology and Information Technology Enhanced Services (IT/ITES) projected a 28% growth revenue from these sectors to net USD 47.8 billion and its portion of gross domestic product (GDP) at 5.4% in 2006-07.<More>

  • Iran Bars IAEA Inspectors, US Warns (January 24, 2007)
    In an apparent retaliation against UN sanctions imposed last month on its controversial nuclear program, Iran barred 38 UN nuclear inspectors from entering the country and the US upped the ante saying that rapprochement with Iran was “not possible.”<More>

  • Nepal King Public Appearance (January 24, 2007)
    Since being sidelined by the Seven Party Alliance (SPA), Nepali King Gyanendra made his first appearance in connection with a Hindu festival Vasanta Panchami but government officials and politicians who traditionally the attend the festivities remained aloof.<More>

  • India Bullish on Growth (January 23, 2007)
    A recent survey of 200 business houses found that business confidence index for October 2006-March 2007 was higher by 2.5 points at 71.8 from the previous 6 months and 85% of the respondents revealed plans for increased investments.<More>

  • Stalemate on SEZ (January 23, 2007)
    The Empowered Group of Ministers (EGoM) for Special Economic Zones (SEZs) ended its review meeting “inconclusively” but said that it is considering ways of infusing “export obligations” in order to differentiate between proposals.<More>

  • Personality-Neutral Relations with Iran (January 23, 2007)
    In an act of militant defiance in response to the second US aircraft carrier USS John C. Stennis into the Persian Gulf, Iran tested short range Zalzal and Fajr-5 missiles ostensibly to evaluate “defensive and fighting capabilities of the missiles.” <More>

  • Chavez Armed With Decree Powers (January 23, 2007)
    Empowering President Hugo Chavez with sweeping powers to enforce economic, social, and political change via, Venezuelan lawmakers called such measures a “historic necessity” to initiate an “unstoppable” process.<More>

  • China Satellite Killer Missile (January 23, 2007)
    After many wishy-washy statements, China for the first time confirmed the successful testing of a satellite killer missile but insisted that it was “peaceful development of outer space” and “opposes the arming of space and military competition in space.” <More>

  • Islamic Leader Surrenders in Kenya (January 23, 2007)
    An Islamic leader of Somalia’s ousted Islamic movement surrendered to Kenyan authorities raising hopes that the moderate Sheik Sharif Sheik Ahmed can facilitate moderation of widespread Jihadist insurgency in Africa..<More>

  • SC Stays Sidhu Conviction (January 23, 2007)
    In a surprising verdict, the Supreme Court (SC) stayed a High Court verdict convicting Navjot Singh Sidhu of third-degree murder of an old man in a fit of road rage and allowing him to contest in the by-election for the Amritsar constituency.<More>

  • Halted Support for US Iraq Strategy (January 22, 2007)
    Even as US allies in West Asia expressed support for the US’s new Iraq strategy, Riyadh haltingly expressed support but also doubted the even-handedness of the government in Baghdad to deal with the Sunni population or its capacity to stop sectarian violence.<More>

  • Mexican War on Drugs (January 22, 2007)
    Mexico said that it has deployed 7,600 soldiers in the Pacific coast state of Guerrero to neutralize drug gangs who have committed atrocities such as beheadings and perpetrated violence in resort haven Acapulco.<More>

  • SLG, LTTE Criticized for Child Soldiers (January 22, 2007)
    As the Sri Lankan Army (SLA), helped by Israeli and Pakistani mercenaries, claimed success to take a key town in the East, a UN report has criticized the insurgent groups, the government, and their sponsored militia of abducted conscription of children.<More>

  • Bangla CEC Quits, Elections Cancelled (January 22, 2007)
    Bangladesh’s controversial Chief Election Commission M.A. Aziz resigned citing a “rapidly changed” political landscape and visibly resigned President Iajuddin Ahmed accepted the resignation and called off the elections.<More>

  • FDI Grows 120% (January 22, 2007)
    Commerce & Industry Minister Kamal Nath said that Foreign Direct Investment (FDI) inflow surpassed all previous projections and is expected to grow at 120% to USD 15 billion this fiscal year.<