India, Bangladesh agree to restore status quo
In a bid to prevent the boundary clash from
damaging irreparably their friendly ties, India and Bangladesh
quickly restored the status quo on their border.
'Accord' reached on passing budgets
The Speaker of the Lok Sabha, Mr. G.M.
Balayogi, today took the initiative to bring some order to the
chaos that has been Parliament by convening a meeting of the
Business Advisory Committee and getting at least a timetable
agreed upon for the passing of the all important financial
business before Parliament, including the Finance Bill, instead
of bulldozing the Budget through as suggested by the Government.
ISRO hopes to overcome orbit shortfall
There appears to have been some under-
performance in the Geosynchronous Satellite Launch Vehicle (GSLV)
launched on Wednesday. Nevertheless, the Indian Space Research
Organisation (ISRO) believes that it can ensure that the GSAT-1
satellite meets its design life of three years.
Cong. sticks to JPC probe
The Congress today refused to budge from its
demand for a JPC probe into the Tehelka expose. The position was
made clear by the Leader of the Opposition, Mrs. Sonia Gandhi at
her meeting with the Lok Sabha Speaker, Mr. G. M. Balayogi and
later by Mr. Scindia at the Business Advisory Committee(BAC)
meeting in the evening.
Harshad Mehta debarred permanently
The Securities and Exchange Board of India today
permanently debarred big bull, Harshad Mehta from dealing in
securities and ordered his prosecution in connection with the
1998 price manipulations in the scrips of BPL, Videocon and
Sterlite.
Rocca, experienced foreign policy professional
The U.S. President, Mr. George W. Bush's
intent to nominate Ms. Christina B. Rocca as the next Assistant
Secretary of State for South Asian Affairs, has brought to an end
speculations on who is going to succeed Mr. Karl Inderfurth.
15 killed in Bihar
At least 15 persons, including three candidates
and a magistrate, were killed and over 36 injured in violence-
marred third phase of panchayat elections in Bihar which
witnessed a voter turnout of over 65 per cent.
India has a place at the table of global powers: Celeste
Welcoming India's peace initiative in Jammu
and Kashmir, the outgoing U.S. Ambassador to India, Mr. Richard
F. Celeste, hoped that Indian and Pakistani leaders would soon
engage each other at the highest political level.
Pak. hand in border clash?
Taken aback by the excessive use of force by
the Bangladesh paramilitary forces, the security establishment
here today engaged in a major brainstorming exercise to ascertain
the motives behind the border clash with India.