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   News Analysis - June 22, 2006

 

  • Business confidence index up 8%, says CII 
    Belying stock market reverses, a Confederation of Indian Industry (CII) outlook survey says that compared to six months ago, significant increase in business confidence has hiked growth expectations for the current financial year by over 8%.<More>

  • India, China Still Favorite Investment Destinations
    A poll of 400 expatriate investors suggested that waning fears of corporate governance in China and fewer investment hurdles in India make these countries their most favored investment destinations.<More>

  • AP High Court Castigates Govt on Film Ban
    In a humiliating verdict, the Andhra Pradesh High Court severely castigated the State Government’s “irresponsible” decision to ban a controversial movie and said that the “Constitution does not allow private censor intrusion.”<More>

  • Early 2007 India, Russia Naval War Games
     The Chief of the Naval Staff Admiral Arun Prakash said that India and Russia will hold naval war games next year called "INDRA-2007" and will be held off Russia's Pacific coast early 2007.<More> 

  • LTTE Wants EU Monitors Removed
    The Liberation Tigers of Tamil Eelam (LTTE) has categorically told Norwegian peace facilitators in Sri Lanka that it will not accept truce monitors from the European Union (EU) because of the terrorism-related ban on LTTE in Europe.<More>

  • India, Myanmar Boost Ties
    Ignoring global initiatives to isolate Yangon, India and Myanmar concluded the 7th round of bilateral consultations and decided to take their energy and economic ties to a new level by focusing their efforts on large infrastructure projects.<More>

  • US Helped Pakistan Secure N-Plants
    Pakistan’s Strategic Plans Division of National Command Authority that oversees nuclear and missile programs said that it accepted "non-intrusive" U.S. technical support after 9/11 for securing its nuclear facilities proposed by former Secretary of State Colin Powell.<More>

  • US Cautions India on Iran’s Nuke Program
    A key extremist politician leading the US Congress International Relations Committee warned India to act responsibly by not supporting Iran’s nuclear ambitions and not to jeopardize Indo-US civilian nuclear deal up for discussions in the Committee on June 27.<More>

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