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 What Is India News Service Wednesday, February 14, 2007

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Disappointing Cauvery Verdict

After 17 years of deliberation and unimplemented awards, the Cauvery Water Disputes Tribunal passed a disappointing verdict where not only were the four states unhappy but also disappointing those who were looking for a broader direction.

Pakistan Terrorist Attacks

As the assailant failed to explode a bomb inside the Islamabad airport another succeeded earlier to explode one at the Marriot Hotel often used by foreigners and diplomats for meetings has once again brought focus into the issue of terrorism from Pakistan

Baglihar Dam Dispute

A World Bank arbitrator has vindicated India's position on the Baglihar Dam.


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NK Agrees to Oil for Nukes Deal
The North Korean communist government seems to have agreed on an oil for nukes deal but skeptics remain doubtful on intention.

EU Ban on Nuke Sales to Iran
27 E.U. nations have agreed to ban sale of nuclear related materials to Iran as UN inspectors found that Tehran continues to enrich uranium.

First bridge the infrastructure deficit
Given the constraints of coalition politics, the government is now considering a special purpose vehicle to fund infrastructure. Ramgopal Agarwala analysis.

Putin's Indictment of the U.S.
Russian President Vladimir Putin indicted the U.S. on as a "hyper-force" and "dangerous." But many say that these comments are hypocritical.

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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.

RBI Raises CRR for Inflation
The RBI raised the cash reserve ratio taking out Rs. 14,400 crore (USD 3.2 billion) out of circulation.

WB Projects Worst Poverty over by 2015
A World Bank official said that India could easily rid itself of the worst poverty by 2015.

Toyota Picks Bangalore Site
Toyota Motor has selected a site near Bangalore to make a low cost car for developing markets.

Italian PM Wants Closer Trade Ties
The Italian PM is leading a large trade delegation calling for closer ties for companies from his country with Indian industry in farming and manufacturing.

US Wants More Reforms
A senior US official wanted India to institute more economic reforms in retail, banking, financial services and telecom sectors, strictly enforce protection of patents and eliminate FDI caps.

Switzerland Wants Trade Pact
Switzerland hopes that its trade agreement with India will be ready by November.

Hieun Tsang Monument a Goodwill Platform
The inauguration of a renovated Hieun Tsang Memorial Hall in Nalanda prompted Chinese Foreign Minister Li Zhaoxing to underline his country's keenness to have closer ties with India.

Russia Offer Riyadh Nuke Tech
Russia has offered Riyadh cooperation in atomic energy, high technology, and transportation.

ISI's Nepal strategy
A Nepali gunner was arrested in Kashmir raising fears of our past projection of the ISI using the Naxal Corridor to spread terrorism in India.


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