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   News Analysis - January 24, 2007

  • Satellite recovered from sea (January 24, 2007)
    The Indian Space Research Organization (ISRO) Space Capsule Recovery Experiment (SRE-I) was a “grand success” as the capsule “gently” splashed down into the Bay of Bengal and recovered by the Coast Guard.<More>

  • Russian Engines and Chinese Planes (January 24, 2007)
    Russia has assured India that it will not allow China to use its RD-93 engines in the JF-17 Thunder multi-role fighter aircraft in planes it plans to sell to Pakistan and is apparently covered in the end0user certificate contracts barring export of technology to Pakistan.<More>

  • Pak Forces Attacked by NATO (January 24, 2007)
    NATO troops using helicopter gun-ships returned fire on a Pakistani check post on the Afghanistan border in an obvious retaliation for Pakistani Army giving covering fire for infiltration of terrorists in North Waziristan.<More>

  • M&A Worth $8B in FDI (January 24, 2007)
    Global economists have predicted that the “high performance of the Indian economy” infused by “the improving policy environment” is expected to accelerate “direct investment” to USD 8 billion from USD 6.5 billion the previous year.<More>

  • IT Revenues Projected at USD 47B (January 24, 2007)
    An industry review of Information Technology and Information Technology Enhanced Services (IT/ITES) projected a 28% growth revenue from these sectors to net USD 47.8 billion and its portion of gross domestic product (GDP) at 5.4% in 2006-07.<More>

  • Iran Bars IAEA Inspectors, US Warns (January 24, 2007)
    In an apparent retaliation against UN sanctions imposed last month on its controversial nuclear program, Iran barred 38 UN nuclear inspectors from entering the country and the US upped the ante saying that rapprochement with Iran was “not possible.”<More>

  • Nepal King Public Appearance (January 24, 2007)
    Since being sidelined by the Seven Party Alliance (SPA), Nepali King Gyanendra made his first appearance in connection with a Hindu festival Vasanta Panchami but government officials and politicians who traditionally the attend the festivities remained aloof.<More>

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