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Drumbeat: Ad Buzzaar
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| Monday, July 27, 1998
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Allan Donald exults after claiming Hick in the Trent Bridge Test |
Draft Colombo declaration skips issue of disarmament
The tricky issue of disarmament, to which ritualistic obeisance is paid at every SAARC summit, finds no place in the draft declaration of the 10th summit.

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ASEAN resists West's pressure on N-rap
ASEAN officials have admitted that there is pressure from the developed nations on the ASEAN Regional Forum (ARF) meeting to "condemn" the nuclear tests by India and Pakistan, triggering sharp divisions as a majority of the ASEAN leaders favour a toned-down statement on the tests.

Automatic approval for foreign holding firms' downstream investments likely
The centre is set to allow foreign holding companies make downstream investments in the country through the automatic route. When finalised, the policy will have wide-ranging ramifications as holding companies of multinational firms may not have to seek permission of the Foreign Investment Promotion Board (FIPB) when they make downstream investments in India.

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Monday, July 27, 1998
Web Posted at 14:12:16
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INDIA
Russia wants no sanctions against India, Pakistan (Jul 27)
Russia today said it was against the sanctions imposed on India and Pakistan by the United States for conducting nuclear tests, "as sanctions tell on the
population and not on policy makers."
Special team sent to Haryana to collect vital clues on yesterday's blast (Jul 27)
Delhi police has despatched a special team to Haryana to gather clues on yesterday's blast in a Haryana roadways bus at the capital's main inter-state
bus terminus which killed two people and injured four others.
Stand on CTBT won't be diluted: India (Jul 27)
India today firmly told the United States that its stand on the CTBT will not be diluted even as the two sides decided to carry forward their ''tough'' negotiations on nuclear disarmament and non-proliferation in Washington next month.
POLITICS
Centre may dismiss Bihar government towards year-end: Samata
Centre might dismiss the Rabri Devi government in Bihar at a 'suitable time' and announce assembly elections along with some other states at the end of
this year, according to Samata Party state unit chief Raghunath Jha.
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