Saturday, 7 August 2004, 1700 hrs

NATION & STATES
Made-in-India Arjun tanks roll out
Five indigenously built Arjun Main Battle Tanks rolled out of the army's Heavy Vehicles Factory near Chennai ...

BUSINESS & ECONOMY
Forex reserves down by
1.25 billion dollars
For the second week in a row, India’s foreign exchange reserves fell by a whopping $ 1.25 billion ...

FEATURED STORIES

Asia Times
Future shock
'The Writing on the Wall. India Checkmates America 2017' by S Padmanabhan gives a chilling taste of what may come over the next 15 years: India builds up its military, and allies with China and other Asian nations to become a new superpower. Rising tensions between Pakistan and India lead to a dramatic climax in which India finds itself at war against America. A review by CHANAKYA SEN

Indian Express
States vs Centre
In this season of resolutions, the Centre has received quite a few shocks. If Amarinder Singh’s move to stump the SC’s SYL verdict was not enough, Okram Ibobi planned to deny the Armed Forces special status in Manipur. And now Mulayam Singh has resolved to re-include Hardwar and the plains of Udham Singh Nagar districts in Uttar Pradesh, writes RAJEEV SHUKLA

New Statesman
Another Qur'an: Lost in translation
Translations of the Qur'an have long been a battleground. Ostensibly, the purpose of translating the most sacred text of Islam is to make it accessible to those without Arabic - Muslims and non-Muslims alike. But English translations of the Qur'an have frequently been used to subvert the text as well as its real message. (Requires registration)

Financial Express
Hyundai Takes Toyota Bull By The Horn
This is comparative advertising at its competitive best. ‘No wonder the Elantra beats the Corolla yet again’— that’s the punch-phrase in Hyundai’s new advertising campaign for its Elantra sedan in India.

Business Standard
Calling the bluff
Recent events have highlighted the strength of sleep deprivation as an instrument of torture. When jet lag commands, few can disobey the order to sleep. Surprising as it may seem, there is another power with an equal “command” effect—ideology, writes SURJIT S BHALLA

TOP PICKS

OPINION
Small depositors, tread With caution (FT)
Manufacturing competition (FT)
Over the top proposals (Hindu)
Mixed messages on arms from U.S. (Hindu)