Thursday, February 19, 2009

Indian team leaves for New Zealand

The Indian squad, led by Mahendra Singh Dhoni, left here early this morning for New Zealand on a 47-day tour comprising two Twenty20 Internationals, five One-Day Internationals and three Test matches.
The squad for the limited overs events departed while the members of the Test team, who are not part of the T20 and ODIs squads, would leave later.
The team: M S Dhoni (Captain), V Sehwag (vice capt), Gautam Gambhir, Yuvraj Singh, Yusuf Pathan, Rohit Sharma, Harbhajan Singh, Ishant Sharma, Suresh Raina, Irfan Pathan, Zaheer Khan, Ravindra Jadeja, Munaf Patel, Pragyan Ojha, Praveen Kumar, Dinesh Karthik and Sachin Tendulkar.

India, Pak close to working out Kashmir outline solution

New Delhi: India and Pakistan were close to working out the outline of a solution to Kashmir and reached an understanding on disengagement in Siachen while discussing demilitarisation on both sides of the Line of Control, says former Pakistan Foreign Minister Khurshid M Kasuri.
Kasuri, who was spearheading the peace talks with India under former President Pervez Musharraf, also said there was a substantial understanding on a Joint Mechanism that would have representatives from the two countries besides both sides of divided Kashmir.
The agreements could not fructify because of "sheer bad luck" and the visit of Prime Minister Manmohan Singh to Islamabad not materialising, he told Karan Thapar on India Tonight programme on CNBC TV18.
Kasuri said Pakistan had hoped Singh would visit the country but in 2007 there were assembly elections in Uttar Pradesh and other states. After that before he could be invited, Pakistan was embroiled in a controversy over the removal of Chief Justice Iftekhar Mohammad Chaudhari.
Kasuri replied in the affirmative on being asked whether the two countries had come close to working out the outline of a solution to Kashmir.
"Yes you see...We wanted Kashmiris to be involved and India was not that keen, so we arrived at this modus vivendi that your Kashmiris would travel to Pakistan, our Kashmiris would travel here (India) and meet your leaders and your Kashmiris meet our leaders in an indirect form. We would have preferred a direct Kashmiri participation," he said.

Wednesday, February 18, 2009

'Nukes might come to India via sea'

New Delhi, Feb 18: Navy Chief Admiral Sureesh Mehta on Wednesday warned that there was a possibility of anti-India elements smuggling nuclear weapons into the country via sea route, and called for augmented safety measures at ports.
Speaking to reporters, the Navy Chief talked about low-end or low-intensity maritime threat under which nuclear weapons could be smuggled into India in cargo containers. Admiral Mehta further said that security system was missing at ports for containers, and stressed on the need to screen all containers that enter the country.
"Container is the most likely means for the terrorist organisations for illegal transporting of nuclear weapons. Hence, the serious concerns about container security," he told reporters at a seminar on "Port Sector - Developments and Security".
He said the country from where a container leaves should issue safety certificates. "Countries should certify that whichever container leaves the port is safe," Admiral Mehta added. Talking about greater synergy amongst the Navy, Coast Guard and port authorities, the Navy Chief disclosed that control rooms would be set up in the Eastern and Western Naval Command. "These (control rooms) are the measures we propose for greater coordination that a joint operation centre functions from Eastern and Western Command... We will have a composite control over maritime assets," Admiral Mehta said.
The control rooms will coordinate among Eastern Command Chief, Western Command Chief and Director General Coast Guard. "It should be the integral part of country's security system," said Mehta.
The Navy Chief’s warning comes in the wake of November 26 Mumbai terror attacks, which were carried out by terrorists who entered the country’s financial capital from Karachi in Pakistan via sea route.
The 10 terrorists, nine of whom were killed by Indian security forces and one was captured alive, sailed from Karachi in a Pakistani vessel and hijacked Kuber, an Indian boat en route Mumbai.
The route taken by the Mumbai attackers exposed loopholes in India’s coastal security and the Central government has since then prioritised it. It has even announced plans to set up a coastal command.
The Navy Chief’s warning also comes at a time when al Qaeda has warned India against attacking Pakistan, and the neighbouring Islamic country’s move to impose Shariat law in large parts of its restive northwest, including the Swat Valley, in a bid to buy peace with the Taliban extremists.
The ‘peace deal’ has brought Taliban, who came into being in Afghanistan and are now present in “huge amounts” in Pakistan – in the words of President Asif Ali Zardari – more closer to India than ever before.
Following the Pak-Taliban deal, intelligence sources have revealed that the Taliban may target western cultural centres in India. The possibility of Pakistan’s nuclear weapons falling into the hands of extremists – belonging either to the Taliban or al Qaeda – also cannot be ruled out considering the volatile political and security situation in the neighbouring country.
Meanwhile, in a related development, the Cabinet on Wednesday okayed integrating maritime security, under which there will be enhanced information sharing between the Navy and the Coast Guard.

Rupee may weaken to 50/dlr, outflows weigh

MUMBAI (Reuters) - The rupee could weaken to 50 against the dollar on Wednesday for the first time since early December, pressured by outflow concerns from the stock market following weak regional indices.
* Traders will be watching the central bank for any sign of dollar sales to support the rupee, which fell 1.7 percent on Tuesday to 49.67/68 from Monday's close of 48.84/85.
* One-month offshore non-deliverable forwards were quoting at 50/50.1, pointing to a weaker start.
* Japan's Nikkei stock index fell 1.2 percent by 0254 GMT to a nearly three-month low, while Hong Kong's Hang Seng was down 1.6 percent. Nifty (^NSEI : 2776.15 +5.65) stock futures were trading down 1.3 percent, indicating a lower opening in India.
* The euro hit a fresh 2-½ month low against the dollar on Wednesday after warnings from ratings agencies fuelled fear that a deep recession in Eastern Europe would cause more damage to European banks.
* India's central bank sold $318 million in intervention in December, sharply lower than $3.1 billion it sold in November, as the rupee pulled back from a slide, the central bank's bulletin showed.