India Intelligence Report
 

   News Analysis - May 19, 2006

 
  • Stock Market Takes a Beating
    The Indian Stock Market index SENSEX tumbled 826 points or 6.77% in the worst ever correction (in point terms) since 1992 prompted by a slew of international events, ill-informed reporting, Foreign Institutional Investor (FII) selling, and Government fumbles.<More>

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  • India wants TAPI 
    With a dead-on-arrival Iran-Pakistan-India (IPI) pipeline, India signaled strong interest in the Turkmenistan-Afghanistan-Pakistan-India (TAPI) project that will transport natural gas for a severely energy deficient and rapidly expanding India.<More>
     

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  • Lower Bar for Teachers
    In a bid to recruit more teachers in colleges, the Human Resources Development (HRD) Ministry is lowering educational standards further with a proposal to abolish National Entrance Test (NET) requirements for those with MPhil and PhD candidates.<More>

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  • India & China Work on Diabetic Drug 
    India and China, vying for the dubious distinction of being the diabetes capital of the world, are working together their vast herbal drug knowledge to identify medicine and herbs that can control diabetes.<More>

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  • Naxal Violence Unseats Terrorism in J&K
    Junior Home Minister Sriprakash Jaiswal admitted in Parliament that the Naxal menace in India is more threatening, cause more disruption, and resulted in more deaths that the Pakistan-inspired terrorism in Jammu & Kashmir.<More>

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  • Bangladesh Planning Anti-Terror Laws 
    Bangladesh is planning to enact a new law along the lines of hated Special Powers Act to grant police draconian powers to curb terrorism gripping the country and fast slipping into India. <More

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  • Nepal Clips King’s Powers
    The recently reinstated Nepalese Parliament unanimously voted on a resolution to severely curb the rights of the King, make the country a Republic, abrogate his legal immunity, and aggrandize power over the Army, court, and Constitution to itself.<More>

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