National Summary:
Politics:
Congress party’s criticism on BJP and Modi for its involvement in 2002 Ahmedabad riots and recently Modi’s hesitation to face SIT ignite words war between the two parties.
Minorities' Issues:
Zakia Jaffery the widow of former Congress MP Eshan Jaffery, who was killed in Gulburg society riot case of 2002 along with 69 others, is optimistic that now the time comes to get justice as SIT (Special Investigation Team) summoned Narendra Modi for first time for questioning regarding its alleged involvement in 2002 riots.
Insurgencies:
Home Minister P Chidambaram has said India would be able to counter the Maoist insurgency by 2013.
Economy:
Knight Frank and Citi Private Bank unveiled their latest research study worldwide 'Wealth Report 2010' giving a global view on the performance of prime residential property markets with a focus on the key regions in the Asian Pacific property markets. Several key findings showcased that the Mumbai and New Delhi realty markets held a significant level of promise for potential investors. Chairman and MD, Knight Frank India said, “There are growing prime markets in every city of India. But, South Mumbai and South New Delhi are the markets which are most high in terms of prices followed by Bangalore, Chennai and Hyderabad.
The Bombay Stock Exchange sensitive index, Sensex, surged to a two-year high on Monday, with a modest gain of 66.59 points. The Sensex settled at 17711.35, the highest closing level since February 29, 2008.
India’s merchandise exports grew 34.8 percent to $16.09 billion for the fourth consecutive month in February following revival of economies in developed countries, official data released Thursday said.
Geostrategic:
India tested nuclear-capable, ship-based Dhanush and surface-to-surface Prithvi-II successfully in quick succession early Saturday. The 8.5-metre-tall Prithvi-II is a surface-to-surface missile, the 11-metre long Dhanush is a ship-to-surface and ship-to-ship system. Both are single-stage, liquid propelled missiles and each of them is capable of carrying a 500-kg payload. Agni-I ballistic missile, which can carry nuclear weapons and has a range of 700-km range, was successfully test-fired on Sunday.
India and the United States have agreed to the arrangement and procedures under which the reprocessing of spent nuclear fuel will take place at two stand-alone safeguarded sites. New Delhi also retains the right to make additions and modifications. This will allow India to retrieve recyclable material found in spent fuel from U.S.-origin nuclear plants for further generating electricity. The reprocessing plants would operate under International Atomic Energy Agency (IAEA) procedures, the U.S. State Department and the Indian Department of Atomic Energy simultaneously announced on Monday.
India is concentrating on its military presence in the northern borders and upgrading infrastructure along the border with China as it perceives Beijing's rapid infrastructure development and its upgraded military force projection in the Tibet Autonomous Region and Xinjiang province a threat.
Pakistan said it will guarantee safety of the IPI pipeline and may give New Delhi an equity stake in the section passing through its territory as additional surety of safe delivery of the fuel, while US again warn both the countries to avoid any proceedings with Iran in this matter.
Social Front:
Against the backdrop of racial attacks and stricter immigration rules, Indian students' enrolment in universities in Australia's Victorian state has recorded a massive drop of around 40% in the first two months of the new academic year as compared to the same period in 2009.
The Delhi High Court judgment decriminalizing homosexuality is of great concern and it would adversely affect the ethos in India since most of our values are shaped and nurtured by customs and religion, association of Catholic doctors in Goa has said.
India launches on Thursday the task of counting its billion-plus population, with 2.5 million people set to fan out over the country to begin work for the 2011 census. The exercise has formidable challenges -- coverage of a vast geographical area, left-wing rebels and separatists, widespread illiteracy, and people with a bewildering diversity of cultures, languages and customs. The twin census and population register processes will stretch over 11 months, consume 11.63 million tonnes of paper and cost 60 billion rupees (1.25 billion dollars).
Regional Summary:
Cantral States/Hindiheartland
In a thrust to provide sustained support to life-saving innovations in India and around the world, the Bill and Melinda Gates Foundation is placing new emphasis on innovations that effect social and cultural change to bring down the unacceptably high death rates for children under five years of age in Uttar Pradesh and Bihar. Foundation is committing $55 million in UP over the next three to five years to bringing down the under-5 child death rate in U.P., polio eradication, immunisation coverage, maternal and child issues, and development in the State.
Southern States:
Old city of Hyderabad is under curfew as situation is tense after Hindu Muslim riots in the city. Several people got injured while some causalities also reporters.
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