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   News Analysis - August 9, 2006

 

  • Forbes Calls “India is next Great Bull Market”
    Confirming other expert opinion, Forbes magazine says that “India has strong potential to be the next great bull market of the 21st century” clearly outpacing China as a better investment opportunity. <More>

  • SAIL to Invest in WB
    Government-owned Steel Authority of India ltd. (SAIL) reveal plans to invest over Rs. 10,300 cores (USD 2.2 billion) in 2 integrated steel plants in West Bengal for modernization and capacity expansion with recently-merged IISCO getting the most.     <More>

  • Women Judges to Try Rape
    A new legislation has been cleared by the Federal Cabinet that provides for rape victims to be tried by women judges, witnesses provided a protection program, and victims’ right to appeal against acquittal of the accused, and acceptance of video as evidence.     <More>

  • Consultant to Fix IPI Gas Rate
    Disagreeing over the price of gas over the USD 7 billion 2100 kilometer Iran-Pakistan-India Pipeline, India, Pakistan and Iran agreed to try one last time to break the impasse by appointing an international consultant to recommend a pricing plan.  <More>

  • UNSC to Demand Iran Suspend Nuclear Enrichment
    The UN Security Council (UNSC) looked set to adopt a EU-sponsored and US-backed resolution demanding Iran “suspend all enrichment-related and reprocessing activities, including research and development” by the end of August.  <More>

  • Japan Keen to Expand Ties
    The Japanese Ambassador to India Yasukuni Enoki said that his country wants to expand co-operation in manufacturing technology, civil aviation, and people to people exchange and conclude the Comprehensive Economic Partnership Agreement.     <More>

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