Tuesday, March 2, 1999
Bihar -- Statements and status quo
The fate of the Presidential proclamation on Bihar hangs in the balance with Railway Minister Nitish Kumar of the Samata Party claiming today that the Cabinet was considering the idea of sending it for a judicial review and Union Power Minister R Kumaramangalam of the BJP insisting that all options were open, including withdrawing the proclamation without putting it to vote in the Rajya Sabha.
Bull run on, Sensex up 124 pts
The `market-friendly' budget of finance minister Yashwant Sinha triggered another rally with the Bombay Stock Exchange Sensitive Index (Sensex) shooting up by 124 points on Monday. With speculators and foreign funds rushing for purchase orders, Sensex also crossed the 3,500-mark amidst euphoric boom conditions.
Eye in the sky -- Indian satellites reach peek form
At the height of the Cold War, American intelligence types were fond of bragging about their satellite reconnaissance capability. Of course, such incredible technology did not save them from an improbable intelligence miss: failure to spot the Indian nuclear tests last May.
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