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   News Analysis - May 25, 2006

 

  • Govt may Scrap AWB Deal
    Confronted with sub-quality wheat arriving from the Australian Wheat Board (AWB) and its refusal to supply human-consumable quality wheat at the agreed price, the Government may cancel the deal and negotiate a new one in more transparent terms. <More> 

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  • Speaker Blasts Election Commission
    Lok Sabha Speaker Somnath Chatterjee lambasted the Election Commission (EC) over s charge that he occupied an “Office of Profit” and accused it of “character assassination” and “trial by insinuation” without providing any proof.<More>

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  • Govt Withdraws Water Tax
    While the stock market was crashing and burning, the Government rescinded an internal note that called for a 16% tax on water processed by branded and unbranded water “manufacturers” as well as municipal water supply.<More>

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  • India Signs ITER Agreement
    India joined 6 other nations to sign the International Thermonuclear Experiment Reactor (ITER) Agreement contributing 10% of project cost with manufactured equipment to develop a prototype reactor that will make atomic fusion the next major source of energy.<More>

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  • IAF to get US C-130J Transport Planes
    Ministry of Defense sources say that the Indian Air Force (IAF) and Border Security Force (BSF) are planning to buy 12 C-130J Transport planes from the US defense major Lockheed-Martin for use by its special forces in anti-terrorist operations.<More>

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  • US Pledge to Israel over Iran
    The US pledged protecting Israel from Iran should diplomatic efforts to negotiate an acceptable end to that country’s controversial nuclear program fail and the situation escalated to a full fledged conflict.<More>

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