• SC Empowers TRAI 
  The Supreme Court (SC) has empowered the watchdog Telecom Regulatory Authority of India (TRAI) with powers to penalize unscrupulous telecom operators who induce subscribers with carrots only to withdraw them later.<More>

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• More IPOs from India this Year 
  With changing economic landscape, higher Foreign Direct Investment (FDI), and reforms, India will field more Initial Public Offering (IPO) in 2006 along with West Asia, Brazil, and South Korea.<More>

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• BJP-Cong Alliance if there is no “minorityism” 
  In a major departure from traditional hostility the Bharatiya Janata Party (BJP) said that it would be happy to work with the Congress Party to spur reforms in economy, democracy, and society if it should give up its agenda of “minorityism.” <More>

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• India & US in Futuristic Energy Project 
  The United States has invited India to participate in a futuristic private-public project, called the FutureGen that will build a coal-based power generation plant that will have zero carbon emissions at a cost of USD 950 million.<More>

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• Iran Tests 2^nd Radar Avoiding Missile 
  As part of its military exercises called “The Great Prophet,” Iran unveiled another indigenously built missile that can avoid radar detection, be remote controlled, and contain sophisticated searching mechanisms.<More>

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• India Wants “Southern Consensus” in Lanka 
  Prime Minister Manmohan Singh told former Sri Lankan Prime Minister and current Opposition Leader Ranil Wickremesinghe that Lanka needs a “southern consensus” between the two major parties to deal with the Liberation Tigers of Tamil Eelam (LTTE).<More>

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• Nepal Tightens Terrorism Laws 
  Ahead of a four-day strike called by a 7-party political alliance to mount pressure on King Gnanendra to bring back democracy in Nepal, the Government has tightened terrorism laws through a Terrorist and Disruptive Activities Ordinance (TADO).<More>

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