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Saturday, August 26, 2006




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Business and Economy
  • Corp Expansion despite Stalled Reforms
    Despite a stalled disinvestment process and halt to reforms, several positive factors in the Indian economy, perhaps not to the optimal level, have emerged encouraging targeted overseas mergers and acquisitions (M&A) by many Indian companies.

  • ONGC Unveils Massive Investments
    To fund expected growth, Oil and Natural Gas Corporation (ONGC) unveiled plans to invest Rs. 130,000 crore (USD 28.2 billion) from 2007-2012 in oil and gas exploration, overseas acquisition of captive resource assets, and expansion of infrastructure.

  • Japan Investment Bank Opens India Operations
    Japan’s leading global investment bank Daiwa Securities SMBC has started operations in India to market various investment banking products for prospective Indian investors and also as a vehicle for Indian companies to seek funding from Japan.

  • No End to Wheat Shortages
    Delays in arrival of 3.5 million tons (mt) of imported wheat for the public distribution system in South India and the lack of traction from importers to import wheat at discounted 5% customs duty is resulting in higher prices in the open market.

  • Govt Plans to Sell Residual Maruti Interest
    Faced with increasingly recalcitrant and belligerent opposition from communist allies to disinvestment plans, the Government is apparently proposing to sell all its residual 10.24% stake in Maruti Udyog Limited (MUL) to net Rs. 2500 crore (USD 543 million).

Democracy, Politics and Judiciary
Environment, Health and Education
  • Diluted Wildlife Bill Passed
    After promising major reforms, the Federal Government greatly diluted the Wildlife Bill in a bid to appease the tribal lobby and passed the Wildlife Bill in great hurry that could greatly affect conservation efforts and endangered species.<More>

  • Ramdoss Absolves Cola Companies
    Expectedly, Federal Health Minister Anbumani Ramdoss absolved the cola companies in the Lok Sabha that pesticide levels in their products were “within the permissible levels” and called an independent report “inconclusive."<More>

  • Activists Trying to Coerce a Tribal Bill
    Tasting success with stopping the Government’s plan to rightfully amend the Right to Information Act, activists are now targeting the Scheduled Tribes (Recognition of Forest Rights) Bill 2005, also known as the Tribal Bill (TB), to bulldoze through Parliament.<More>

  • Contrarian HIV Estimates in New Survey
    A study of People Living with HIV (PLHIV) has proposed a contrarian view that the number of those living with this infection may be a third lower than current estimates of 5.2 million but warned that a nation-wide survey is required for a more accurate estimate.<More>

Terrorism, Defense, Security and Science & Technology
  • India Holds Pak Responsible for Terror
    India says it has evidence of Pakistan’s continued support for terrorism and the involvement of Lashkar-e-Toiba (LeT)in the 7/11 serial blasts after anti-terrorism squad (ATS) killed a Pakistani in Mumbai and captured another in Jammu & Kashmir (J&K).

  • Naxals Strike Mangalore Forest Office
    In typical military style, Naxal terrorists attacked the Range Forest Office in Karnataka damaging the building, burnt official records, wirless set, computer equipment, and a jeep after destroying a local telephone exchange ahead of the raid.

  • 7 Nation Futuristic Nuclear Reactor
    Indira Gandhi Centre for Atomic Research (IGCAR) Director at Kalpakkam Baldev Raj has been elected Chairman of a 7 nation collaborative project to define a futuristic fast reactor with closed nuclear fuel cycle capable of generating 300-500 GWe nuclear energy.

  • India, Singapore for Air Force Cooperation
    In the first ever Air Force-level dialogue, India and Singapore agreed to focus on “mutually supportive roles,” including “interoperability” between respective air forces for disaster management and humanitarian relief in South East Asia.

  • Scores of Taliban Terrorists Killed
    Afghani officials say that their forces assisted by North Atlantic Treaty Organization (NATO) aircraft and artillery killed 71 Taliban terrorists in Southern Afghanistan where there is a resurgence of Taliban activity and bloodiest clashes since their ouster in 2001.

  • Iran Test-Fires Short-Range Missiles
    A day after large-scale military exercises across the nation, an Iranian Foreign Ministry spokesperson confirmed that Iran has successfully test-fired 10 short-range surface-to-surface Saegheh missiles.

  • PM Convinces Commies of Nuke Deal
    Facing intense pressure from communists allies for ideological reasons and
    Bharatiya Janata Party (BJP) for political reasons, Prime Minister Manmohan Singh eloquently defended the Indo-US civilian nuclear deal outlying ways it could help India. <More>

  • US Arrests 13 for Trying to Buy Missiles for LTTE
    In a major sting operation spanning several cities, the US said that it had arrested 13 people for trying to buy surface-to-air missiles and other weapons in the black market for the Liberation Tigers of Tamil Eelam (LTTE) seen as a “dangerous terrorist group."  <More>

  • Mush Wants to Share Intelligence
    In a recent interview to an Indian magazine, Pakistan President < Pervez Musharraf said that the intelligence agencies of the two nations were “operating against each other” and should agree “to stop interference in each other's internal affairs."  <More>

  • SLA Claims Military Successes as TN Censures It
    The Sri Lankan Army has claimed several major successes against the Liberation Tigers of Tamil Eelam (LTTE) even as the Tamil Nadu Assembly unanimously passed a resolution censuring the Government for the death of scores of children by air attacks.  <More>

  • Israeli Commando Operation Tests Ceasefire
    Even as thousands of Lebanese troops and French engineers started to occupy areas vacated by Israeli Army to strengthen the ceasefire that promises a stop to rocket attacks by Hezbollah, reports emerge of a clandestine Israeli action deep inside Lebanon.

Hot Topics
Corp Expansion despite Stalled Reforms
ONGC Unveils Massive Investments
OOP Signed and Challenged in SC
India Holds Pak Responsible for Terror
Naxals Strike Mangalore Forest Office
US Arrests 13 for Trying to Buy Missiles for LTTE
Hindu Group Wants Army to Help Reclaim Land

Featured Analyses     More


Diluted Wildlife Bill Passed

After promising major reforms, the Federal Government greatly diluted the Wildlife Bill in a bid to appease the tribal lobby and passed the Wildlife Bill in great hurry that could greatly affect conservation efforts and endangered species.


Contrarian HIV Estimates in New Survey


SLA Claims Military Successes as TN Censures It


Subsidy Cuts on the Cards


Major Terrorism Attack over Atlantic Averted


LTTE to Stay Banned, No Lanka Intervention

Featured Edits

Strong protest lodged with Dutch envoy

Gas, gas everywhere but not a bit to sell

Manmohan & Musharraf will try to break the ice in Havana next month


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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