India Plans Big Military Spend
India, growing conscious of its regional super power status and facing heightened tension with Pakistan, is gearing up for military equipment acqisition this year.

Foreign Investment rules relaxed: Print Media
The Union Government of India decided foreign participation in print media by allowing 26% foreign direct investment in news and current affairs publication and 74% foreign investment in non news and non current affairs publication.

Call for US Ground Sensors on Border
The Defence Minister George Fernandes said there was considerable drop in cross border terrorism and pointed it had given the go ahead to install advanced US ground sensors on the Line of Control to verify the Islamabad's claim on ending infiltration.