Wednesday, May 25, 2016

How significant is India's $500 million deal with Iran?

How significant is India's $500 million deal with Iran?


    The Business Standard terms Prime Minister Narendra Modi's visit to Iran as the most important foreign visit of the year. Once Chabahar port is developed, India will access central Asia directly skipping Pakistan, says the front page report.
    ISRO launches first Swadeshi shuttle headlines the Tribune. The successful launch of the winged Reusable launch vehicle technology demonstrator from Sriharikota will make space travel easier and cheaper in future, says the report.
    "Bayer's Monsanto buy may sow seeds of trouble for Indian agriculture" headlines the Hindu Business line. It could lead to increase in prices of seeds because when resources are concentrated in a few hands their bargaining power will go up and will adversely impact third world farmers, says the report.
    The Pioneer reports that AIADMK chief J. Jayalalitha fulfills 5 poll vows on day 1. Within minutes of her swearing in, she signed files for closure of 500 liquor shops, waiving off crop loans for micro & small farmers, 100 units of free power, increasing gold allocation from 4 to 8 grams for underprivileged women.
    "The word disability is officially replaced by word DIVYANG JAN now, says an Economic Times report."
    "Cancer causing chemicals in bread" says CSE makes for Hindu front page story. KFC, Pizza Hut, Domino's, Subway and Mc-Donalds are among the breads found positive for potassium bromate or potassium iodate banned in many countries.
    Finally, lets talk about petite Yogita Raghuvanshi - a qualified lady lawyer. You will find her driving a massive 14 wheeler truck with 30 tonne cargo reports the Hindu.
    And, 22 year old Arjun Vajpai is one of the youngest to climb the 5th highest peak Mt. Makalu in Nepal, reports the Hindustan Times.

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