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Saturday, June 03, 2006

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Business and Economy
  • 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>

  • 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>

  • Cess for Port Development (May 31, 2006)
    The Shipping Ministry is planning to impose a cess to develop funds to build major and minor ports in India to double India’s dismal share of global mercantile trade of .8% by 2009. <More>

  • Assam Plans to fortify Tea Brand (May 30, 2006) br> With declining revenues due to declining quality of once preeminent Assam Tea accounting for 60% of India’s tea output, the newly elected Government of Assam has initiated several steps to reclaim the lost glory.<More >  

  • FDI Target at USD12B, Exports Up (May 29, 2006)
    Despite the Stock Market meltdown, India projected a USD 12B Foreign Direct Investment (FDI) this year and reported a year on year 27% rise in merchandise exports and USD 20.52% in imports.< More >

  • Railways Loses to Budget Airlines (May 29, 2006)
    The advent of budget airlines has eroded high-margin upper class segment of the Indian Railways (IR) two years in a row causing it to lose over 10% in revenues and analysts predict this trend to continue.<More >

Democracy, Politics and Judiciary
  • Kalam Returns OoP Bill (May 31, 2006)
    President Abdul Kalam returned the controversial Office of Profit Bill that sought to exempt some 50 odd positions occupied by allies and Congressmen from disqualification and asked for clarifications from the Government before he could sign it.<More>

  • SC Intervenes on Quota, Demands Answers from Govt (May 30, 2006)
    The Supreme Court (SC) admitted a Public Interest Litigation (PIL) on the ongoing quota issue and asked several inconvenient questions to the Government while appealing to the striking doctors to withdraw their strike.< More >

  • The Decreasing Relevance of Hurriyat (May 29, 2006)
    Prime Minister Manmohan Singh defied terrorism and continued his roundtable discussions with various groups with Jammu & Kashmir (J&K) and proposed setting up 5 groups to consider various issues but vowed to fight terrorism from Pakistan.<More >

Environment, Health and Education
  • 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>

Terrorism, Defense, Security and Science & Technology
  • 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>

  • 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>

  • Navy Seeks Advanced Choppers (May 31, 2006)
    The Navy is seeking the immediate purchase of 16 medium lift helicopters at the cost of USD 1 billion and an additional 8 in the next few months to fill the shortage of 46 helicopters.<More>
Neighbors
  • India-China Strengthen Military Training (May 30, 2006)
    India and China signed a Memorandum of Understanding (MoU) that would institutionalize military training and exercises to add enough punch to the faltering strategic relationship.<More >

World
  • Baradei Asks US Congress to Support Nuke Deal (May 26, 2006)
    International Atomic Energy Agency (IAEA) Chief El Baradei came out strongly to support the Indo-US civilian Nuclear Deal and asked the US Congress to vote in support of the “win-win agreement.”<More>
  • US Pledge to Israel over Iran (May 25, 2006)
    The US pledged protecting Israel from Iran should diplomatic efforts to negotiate an acceptable end to that country’s controversial nuclear program fail and the situation escalated to a full fledged conflict.<More>

 
Hot Topics

Featured Analyses     More

Out of Control Revenue Deficit
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.
Pressure on US to Punish Pak
Kalam Returns OoP Bill
SC Intervenes on Quota, Demands Answers from Govt
The Decreasing Relevance of Hurriyat  
Baradei Asks US Congress to Support Nuke Deal
US Pledge to Israel over Iran
Speaker Trouble
Featured Edits
The making of a democracy
Inscription
South Indian Inscriptions
Ancient Indian dynasties documented their administration, significant developments, grants, and milestones as inscriptions in temples. The Archaeological Survey of India (ASI) has documented these inscriptions from 1886. These pages contain inscriptions from Pallava, Chola, Pandya, Western Chalukya, Eastern Chalukya, Rashtrakuta, Hoyasala, Vijayanagara, Vishnukundin, Kakatiya, Reddi, Vaidumba, Chinda, Eastern Ganga, Gajapathi, Kalchurya, Qutb-Shahi of Golkonda, and Moghul,  dynasties.

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