Security and Telecom Investment
After a year of deregulation in the
Telecommunications space allowing
Foreign Direct Investments (FDI)
from 49% to 74%, the Government has
received only 2 applications while
others complain that the security
restrictions are too harsh for
viable investment.<More>
China Pushing FTA
An important component in Chinese
President Hu Jintao’s visit will be
a push India to grant it a “market
economy” status through a free trade
agreement (FTA), something that most
developed economies have so far
refused.<More>
India 3rd Largest Investor in
Belgium
Making a strong pitch for Indian
investments in Belgium, visiting
Prime Minister Guy Verhofstadt said
that his country has fought red tape
and liberalized tax and labor laws
and is becoming a “magnet” for
investments making India is the 3rd
largest investor.<More>
Assam Blasts Pinned on ULFA
A top Government team headed by the Federal Home
Secretary and attended by Army and Central
forces pinned the blame for the twin blasts in
Guwahati killed 14 people and injuring 48 others
on United Liberation Front of Asom (ULFA).<More>
Improved Thorium Reactor Next Year
The Bhabha Atomic Research Centre (BARC) said
that its work on an improved heavy-water based
reactor capable of generating 300 megawatts (MW)
using thorium will be available sometime next
year. When ready, the design will be adopted by
the Nuclear Power Corporation (NPC) to generate
700 mw of power.<More>
Siachen on Indo-Pak Agenda
Responding to Pakistan Foreign Minister Khurshid
Mehmood Kasuri's statement that the two
countries were close to an agreement on Siachen,
an External Affairs spokesperson said that
Pakistan is aware of India ’s “terms on which an
agreement can be reached.”<More>
Speculation on
Balanced Baglihar Dam
Verdict
India and Pakistan is to
meet the independent
World-Bank (WB)
appointed expert
adjudicating on the
Baglihar Dam dispute
this week and the report
is stated to favor
Pakistan on the height
of the Dam and India on
the presence and
location of sluice
gates.<More>