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The new nuclear bargain means different things to different people, both here and in the United States — a case of the elephant and the blind men!
Dire consequences to our national security are forecast by our strategic community because we would have access to nuclear power trade and international cooperation.
So the first [...]

Instead of coming out clean on the text of the agreement by making it public, both India and the US in collusion have chosen to keep it under wraps and are selectively issuing rosy statements that all is well and all our concerns have been fully addressed.
While one wishes it is really satisfactory, it is [...]

Amidst lots of recent controversies over Indo-US nuke deal, here are some points which could have nuke deal as positive fallout. India, specifically India’s people and India’s businesses had the most to gain from the US-India nuclear agreement. The fact that this is not self-evident to many Indians speaks volumes about the trust deficit remaining [...]

Following are the key aspects of the Indo-US civil nuclear deal:
* The agreement not to hinder or interfere with India’s nuclear programme for military purposes.
* US will help India negotiate with the IAEA for an India-specific fuel supply agreement.
* Washington will support New Delhi develop strategic reserves of nuclear fuel to [...]

I am delighted to join Vice-Chancellor and Foreign Minister Steinmeier and other distinguished participants at this international conference. I am grateful to the governments of Germany, the Netherlands and the United Kingdom for organising this timely event to address the critical issue of assurance of supply of nuclear fuel.
Since the dawn of the nuclear age [...]

The International Atomic Energy Agency (IAEA) is an international organization that seeks to promote the peaceful use of nuclear energy and to inhibit its use for military purposes. Though established independently of the United Nations under its own international treaty (the IAEA Statute), the IAEA reports to both the General Assembly and the Security Council.
The [...]

The U.S. and Europe have caught the inflation blues, but emerging economies have a full-blown case of inflation fever.
Global inflation is set to rise from 3.5% to 5.8% this year, the highest in nine years, says Merrill Lynch. Nearly two-thirds of the increase will come from emerging markets.
Bourses have been hit hard in developing countries [...]

Chinese economic growth slowed in the second quarter of 2008, constrained by slowing demand for exports, rising prices and the high cost of credit.
The National Bureau of Statistics said the economy grew at an annual rate of 10.1% in the three months to June, down from 10.6% over the previous quarter.
If it keeps growing at [...]

The Reserve Bank may go in for further tightening of money supply as there is no likelihood of inflation coming to single digit in the next six months, according to indications given by the Central Bank Governor to a parliamentary panel.
Some more monetary measures may be taken to contain the aggregate demand to counter inflation, [...]

World oil prices rebounded in Asian trade on Thursday after sharp falls on a bigger-than-expected rise in US crude reserves, analysts said.
New York’s main futures contract, light sweet crude for August delivery, had dropped more than USD 10.50 over two days.
On Thursday the benchmark contract rose 23 cents to USD 134.83 a [...]

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