FDI Target at USD12B, Exports Up
Despite the Stock Market
meltdown, India projected a
USD 12B Foreign Direct
Investment (FDI) this year
and reported a year on year
27% rise in merchandise
exports and USD 20.52% in
imports.<
More
>
* * *
Railways Loses to Budget Airlines
The advent of budget airlines has eroded high-margin upper class segment of the
Indian Railways (IR) two years in a row causing it to lose over 10% in revenues
and analysts predict this trend to continue.<More
>
* * *
The Decreasing Relevance of Hurriyat
Prime Minister Manmohan
Singh defied terrorism and
continued his roundtable
discussions with various
groups with Jammu & Kashmir (J&K)
and proposed setting up 5
groups to consider various
issues but vowed to fight
terrorism from Pakistan.<More
>
* * *
Are there Tigers in Manipur?
Days after the Government
promised better forest
management, media reports from
Manipur talk about wanton
poaching of fully grown tigers
to sell their bones and skins
in the international market
but the Government claims that
there are no Tigers in
Manipur. <
More
>
* * *
Pakistan Plans to Buy Swedish
AWACS
To upgrade its air surveillance,
Pakistan has approved the purchase
of Swedish Airborne Warning and
Control System (AWACS) to counter
Indian contract to buy the Falcon
system from Israel. <
More
>
* * *
Osama Absolves Moussaoui of 9/11
Osama bin Laden absolved Zacharias
Moussaoui of any part in plotting
the 9/11 terrorist event that
killed 3000 people and sparked a
global war on terror that resulted
in the ouster of the Taliban
Government in Afghanistan.<
More
>
* * *