Indo-French Missile Pact Stalled
The much hyped Indo-French pact to allow India to produce French cruise missiles under transfer of technology from European Missile Consortium MBDA to Defense Research & Development Organization (DRDO) appeared to have stalled.<More>

India Not Working to Contain China
Foreign Secretary Shyam Saran asserted that India does not believe that a conflict between the US and China is inevitable and that India was not part of any design to contain China as the economic stake between the two was large.<More>

Bush Strategy to Combat Terrorism
Days before the 5th anniversary of 9/11 terrorism attack on the US , President George Bush released a document called “National Strategy for Combating Terrorism” portrayed as “unclassified version” of US approach to dealing with terrorism.<More>

Naxalism, Micro-Terrorism Major Security Threats
A security review by Chief Ministers with Prime Minister Manmohan Singh found leaders worrying about increasing activities of Pakistan-sponsored and directed terrorist outfits organized into “sleeper cells” who are motivated to perform suicide attacks.<More>

Congress Expels Natwar’s Son
In a major blow to Natwar Singh’s hopes of rescue by the Gandhi family, the Congress Party expelled Natwar’s son Jagat Singh even as Jagat’s friend’s petition in the Supreme Court (SC) for absolution from Justice RS Pathak Inquiry commission’s indictment.<More>

S&P Says Asian Banks Have Staying Power
A recent report from Standard & Poor’s (S&P) Ratings Services said that a financial crisis similar to the one that affected several Asian countries’ currency values and stock markets in 1997 is unlikely and that the banking system is “in a better position.<More>