Manufacturing Boosts Industrial Growth to 9.8%
The Central Statistical Organization (CSO) reported that industrial output grew to 9.8% from 9.5% in April-May due to a strong 10.9% growth (from 10.3% last year) in the manufacturing sector but no reasons were provided for the growth. <More>

Need for greater Indo-Japanese economic ties
Speaking at a Confederation of Indian Industry (CII) seminar, Leader of a delegation of Member of the House of Representatives of Japan Hideaki Ohmura said there was an urgent need to for India and Japan to negotiate and bring trade levels to its full potential. <More>

Mumbai Restarts, Terrorist Hunt Continues
In true defiance of terrorism, Mumbai restarted life in just 12 hours after 8 blasts ripped through suburban trains causing scores of death and mayhem even as authorities are on heels of Islamic terrorists from Pakistan outsourced terror to local disenfranchised youth.<More> 

Muslim Conference wins PoK ‘Elections’
In an election that was widely considered a complete sham, the Muslim Conference (MC) won half the seats in the Pakistan Occupied Kashmir (PoK) Assembly elections and is set to form the next Government in the region. <More>

Nepal Cuts Palace Purse
In a further public humiliation for the vastly unpopular King Gnanendra, Nepali Finance Minister Ram Sharan Mahat proposed a $1.9 billion budget for fiscal year 2006-2007 that included a massive cut for the royal palace expenditure and purse.<More>