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 What Is India News Service Thursday, March 01, 2007

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Pakistan denies hosting bin Laden, camps

Pakistan on Wednesday rejected a claim by the U.S. intelligence chief that Osama bin Laden and his deputy were hiding in northwestern Pakistan, and that al-Qaida was setting up camps near the Afghan border.

  • ‘Next strike on US could be from Pak’
    The al-Qaeda leadership is trying to rebuild and establish training camps in Pakistan, the new Director of National Intelligence in US, Admiral Mike McConnell, said at a hearing of the Senate Armed Services Committee on Capitol Hill.

Indian police charged in Kashmir death

Seven policemen were charged Wednesday with murdering a man and claiming he was an Islamic militant, police said, the first charges in an alleged plot by officers to kill innocent people and earn rewards.

  • Fake encounter: seven policemen charged
    Seven policemen, including two senior officers, were chargesheeted in a court here on Wednesday in connection with the killing of Abdul Rehman Paddar, one of the five civilians gunned down in alleged fake encounters in Jammu and Kashmir.

  • Sacrificing national interest
    Some institutions have to be strengthened to avoid incidents like custodial deaths say Balraj Puri.

* * *

ULFA sets terms for talks with Delhi
The outlawed United Liberation Front of Asom (ULFA) on Wednesday offered to hold talks with New Delhi provided the government gives a written proposal for initiating the peace process in Assam.

10-year-old main accused in LeT escape
A ten-year-old boy has emerged as the main accused in helping two Lashkar-e-Toiba terrorists escape from police custody from a local court on Tuesday here.

At least eight die in suspected Maoist blast in India
At least eight people including security forces were killed Thursday in a landmine blast triggered by suspected Maoist rebels in the central Indian state of Chhattisgarh, police said.

US invites Iran, Syria for talks
Despite branding Iran and Syria as ‘outcast’ states, the US government has launched a diplomatic initiative inviting representatives from Tehran and Damascus to participate in a regional meeting on Iraq.

China rejects criticism of military
China rejected criticism by Vice President Dick Cheney about its military ambitions, saying Tuesday that it is a force for stability in the world. Cheney, on a swing through Asia last week, said some of Beijing's actions were at odds with its words.

Sri Lankan warplanes bomb suspected Tiger position
Sri Lankan jets bombed suspected Tamil Tiger positions in northeast Sri Lanka on Thursday, a day after Colombo stepped up an offensive against the rebels, killing at least 18 people, a statement said.

Israel army ends crackdown in West Bank
Israeli troops pulled back from the northern West Bank city of Nablus after a two-day crackdown on militants in which one person was killed and a dozen wounded.

Bhutan EC delegation in India to witness polls
A seven-member team from the Election Commission of Bhutan on Tuesday witnessed the assembly polls in Punjab to get first-hand information of the electoral process ahead of the Himalayan kingdom's first general election next year.

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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.


The Budget Story

  • The BS Jury`s verdict: 7-10
    India Inc welcomes the thrust on agriculture and efforts to curb inflation, but direct tax proposals cause concern.
  • Railways: The new economic status symbol
    The Railways being the single largest organisation under the control of the government it can play a pivotal role in changing this image and bringing confidence of our people back in the capacity of our public system says Jaffer Sharief.

  • Under the circumstances
    The Budget has no inflationary tendencies, but agricultural sector reforms are a must says Rahul Bajaj.

  • FM's New Love
    Politics casts its shadow over the Union budget says Ashok V. Desai.

  • Hike in allocation for northeast
    Finance Minister P. Chidambaram on Wednesday announced an allocation of Rs. 14,365 crore for the northeast for 2007-08. It was Rs. 12,041 crore in 2006-07.

  • Budgeting for inclusive growth
    Judge the Budget on equitable growth as India accelerates towards double digits says Nirvikar Singh.

  • No recipe for agricultural renewal
    We need a movement like the one that triggered the green revolution of the 1960s says M.S. Swaminathan.

  • Making the long view count
    A tax-and-spend Budget with good long-term initiatives for the capital market says Jayanth Varma.

  • No real harm done
    To carp about no reforms is to miss the point says The Financial Express Editorial.

  • Aided by buoyancy
    Chidambaram has presented a budget with a human face says The Deccan Herald Editorial.

Ranbaxy inks licencing deal with US-based PPD
Ranbaxy Laboratories has signed an exclusive worldwide deal with US-based PPD Inc to develop, manufacture and market its novel statin for the treatment of dyslipidemia.

Thai minister resigns amid cabinet disarray
Pridiyathorn Devakula, the second-ranking member of Thailand's military-appointed government, abruptly resigned laying bare bitter disputes between cabinet ministers and further shaking confidence in the country's ability to return to democracy.

Baglihar: resolving the differences
On the whole, India has reason to be somewhat more satisfied than Pakistan with the neutral expert's findings, as the project per se stands vindicated, and the changes suggested are relatively minor says Ramaswamy R. Iyer.

Assistance for Myanmar doubled
India has nearly doubled its development aid to Myanmar — from Rs. 44.57 crore in 2006-07 to Rs. 80.41 crore in 2007-08.

India signs extradition request for Q
With Prime Minister Manmohan Singh assuring that “law of the land will prevail”, the Indian government moved to extradite fugitive Italian businessman Ottavio Quattrocchi with a formal request being made to the Argentinian government.

Bangladesh to promulgate tough anti-terror law
Bangladesh is set to promulgate a tough anti-terrorism law that would include penalising those using religion to spread hatred and terrorist acts.

Durban street to be named after Mahatma
Authorities in this South African city will rename a street after Mahatma Gandhi in an effort to give the notorious neighbourhood a moral facelift.

Indian receives US grant for research
A young Indian-American at Florida State University has received a major grant from National Science Foundation for his research in the computer science.

U.S. concedes uncertainty on North Korean uranium effort
American intelligence officials are publicly softening their position on Pyongyang, admitting to doubts about how much progress the uranium enrichment program has actually made say David E. Sanger and William J. Broad.



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