India Intelligence Report
 

   News Analysis - April 20, 2006

 
  • SENSEX Breaks 12K-Barrier
    Defying international trends relating to oil and security concerns, strong domestic fundamentals inspired Indian mutual funds to flood the stock markets raising the SENSEX index beyond 12,000 in just 16 sessions.<More>

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  • Tariff Relief per SAFTA
    At a meeting of South Asian Commerce Ministers meeting at Dhaka, India and Pakistan agreed not to charge import duties on 5% of products traded within the South Asia Free Trade Area (SAFTA) region.<More>

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  • Reservation Politicking in Private Sector
    With state election campaigning in full swing, politicians have been ballooning innovative but retrograde ideas on reservations in private sector, premier institutions, and based on religion, which have been routinely opposed and trashed. <More>

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  • Cong Pussyfoots around Commies
    With State Election campaign in full swing, the Congress Party finds itself in the unenviable position of leading a Federal coalition but face their allies as opponents in States who continue to eat into their vote-banks and criticize it with impunity. <More>

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  • Govt to Allow GM Soya Oil Import
    Ministry of Environment & Forests said that it intends to allow the import of genetically modified (GM) Soya oil into India if it meets certification criteria to be defined by the Government.<More>

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  • Closer to Agreement  
    Over the last several months, India and Pakistan have been silent working on a deal to demilitarize Siachen, the world’s highest battlefield. <More>

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  • Worried But No Progress 
    Visiting Special Envoy Dr. Karan Singh returned from a 2-day tour of Nepal where he met King Gnanendra and major political actors to say, “he is optimistic” that Gnanendra will “make an announcement shortly.”<More>

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