India Intelligence Report
 

   News Analysis - April 24, 2006

 
  • FII Exposure valued at USD 80 billion
    With an estimated 8% Gross Domestic Product (GDP) growth rate, India continues to attract Foreign Institutional Investors (FII) whose numbers have grown from 685 to 898 in a year and valued at USD 80 billion driven up by the 180 A-group companies. <More>

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  • Islamic “Court” Defies SC
    The highest religious body of Sunni sect in Orissa, the Jamait-ul-Ulama chided the Supreme Court (SC) for interfering “in religious matter” and promised to excommunicate the couple that SC granted protection to stay married. <More>

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  • Over 5 million HIV cases in India
    The National AIDS Control Organization (NACO) estimates that India has a HIV positive population of 5.21 million but cautioned that this figure could be much higher and the Government did not know how many people were dying of his disease.<More>

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  • Advanced Russian Defense Systems in Belarus
    Anti-missile system deployment in Poland and Eastern European nations, air bases in former Warsaw pact nations Romania and Bulgaria, and expansion of the North Atlantic Treat Organization (NATO) is prompting Russia to deploy advanced defense systems. <More>

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  • Pak to get Chinese Nuke Plants
    A report published in Pakistan paper The Dawn said that Pakistan will seek 4 more nuclear plants at a cost of USD 6.5 billion in addition to the 2 on order for USD 1.2 billon claiming that these plants will allow it to generate 8,800 megawatts of power by 2030.<More>

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  • King Amenable to Parliament Resurrection
    Softening his offer to the 7-party political alliance, Nepal’s King Gnanendra said that he is willing to accept the resurrection of the Parliament by a Prime Minister appointed by them but the alliance has been recalcitrant to this softened position.<More>

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  • Germany Softens Stand on Nuclear Deal
    Softening her stand on the Indo-US civilian nuclear deal, German Chancellor Angela Merkel acknowledged India’s non-proliferation record and International Atomic Energy Agency (IAEA) backing but wanted to await outcome of US Congress discussions.<More>

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