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US Says Reforms Stalled, Growth Up
The US Ambassador to India David
Mulford voiced concerns of the
investment community that the
coalition politics has caused a “a
pause in the reform process” and
warned of “serious economic costs to
any loss of momentum on the reform
front.”<More>
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SAIL Top Dog in Steel
Well executed capacity expansion
plans and good earnings growth has
propelled public sector utility
company Steel Authority of India Ltd
(SAIL) to outpace its rivals
including private players such as
Tata Steel and Hindustan Zinc.<More>
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Fastest Mobile Growth as Margins
Drop
India raced past the capture the
fastest growing mobile market in the
world but operators say that the
average revenue per user (ARPU) has
steadily fallen correlating to steep
declines in tariffs because of
intense competition and cheaper
short-message service.<More>
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Forests Threatened by Elephant Training Camps
Environmentalists say that while elephant training camps
brings eco-tourism, they also increase population around
these camps, create a shortage of fodder, and
compromised the well being of elephants who are now
unemployed because of mechanization.<More>
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Polio Back Again
The number of polio cases reported in the first 8 months
of this year was 283 compared to 66 for 2005 with most
from
Uttar Pradesh and 69% of the victims being
Muslims even as UN Secretary General warned that India
is inadvertently exporting the virus.<More>
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Complaints about AP Uranium Hearing
The Movement Against Uranium Project (MAUP) has faulted
Andhra Pradesh (AP) Pollution Board (APPB) hearing on
uranium mining in the state as a “mockery” through a
“private rather than a public meaning.”<More>
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Russia Tests sub-ice
Missile
After a space of 11
years, Russia
successfully tested an
intercontinental missile
from a K-84 nuclear
submarine from below the
ice in the North Pole
and hit targets at a
testing range in
Arkhangesk while another
fired at the same target
from the Pacific Ocean.<More>
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Nepali Maoist Protest
Indian ‘Arms’
An unsubstantiated
report in a local paper
claiming a convoy of
trucks carrying arms for
the Nepal Army provoked
the Nepali Maoists to
call for a strike, block
main arteries, burn
tires, and disrupt
transportation.<More>
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