New Delhi, Sept 17 : Prime Minister Dr. Manmohan Singh today said that the recent terror strikes in various cities show vast gaps in intelligence network in the country. 

Speaking ahead of a crucial cabinet meeting on countering terrorism in New Delhi, Dr. Singh suggested better coordination and integration among the existing agencies for devising effective counter-terrorism strategy.

However, the Prime Minister rejected a proposal for a new central agency for countering terrorism.

Bangalore, Sept 17 : Nepal''s Prime Minister Pushpa Kamal Dahal "Prachanda" on Wednesday invited Indian investors to invest in Nepal and promised them a conducive business atmosphere in his country.

The Nepalese Maoist leader who is on a five day goodwill visit to India attended a luncheon meet organised by Confederation of Indian Industry (CII) in Bangalore on Wednesday.

Mumbai, Sept 17 : While Indian bankers do not see much impact from the exposure to Lehman brothers, market analysts do not rule out immediate repercussions of the fallout on the Indian stocks.

It is official now that the sub prime crisis is no longer confined to either the US market or just the mortgage market, but the reverberations are being felt world over and across all financial services.

A failed investment banking firm- Lehman brothers is for sure spelling troubles for the Indian companies that have invested in the company.

New Delhi, Sept 17 : Former president APJ Abdul Kalam has called for setting up a unified intelligence agency in India to fight terrorism in the wake of rising terror attacks in the country, the latest being last week''s Delhi blasts that left more than 20 people dead.

Speaking to reporters on the occasion of the golden jubilee celebrations of the Defence Research and Development Organisation (DRDO) in New Delhi on Wednesday, Kalam said that there is a need for making the citizens of the country a part of the fight against terrorism instead of merely being ''watched''.

New Delhi, Sept. 17 : India today announced that it would provide Rs. 200 million (Rs. 20 crore) to Nepal as flood relief and also agreed to rebuild segments of the East-West Highway damaged by the recent floods caused by an overflowing River Kosi.

A joint statement issued by both governments on the eve of the departure of Nepal Prime Minister Pushpa Kamal Dahal `Prachanda'' after a five-day official visit, expressed concern over the large-scale damage caused by the breach of an embankment of the river in the Kosi barrage area.

New Delhi, Sept. 17 : The Indian Navy aims to leverage the power of Information Technology (IT) and achieve net-centricity through collaborative integration of naval entities and their information assets with a strategic partnership with industry.

Saying this Vice Admiral B S Randhawa, PVSM, AVSM, VSM, Chief of Materiel, Integrated Headquarters of MoD (Navy), announced that a ‘Naval Symposium on Information Systems’ (NAVSIS-08) will be held in New Delhi on October 6 and 7 to further interaction with industry in this regard.

He was speaking at a session organised by the Confederation of Indian Industry (CII) here today. It is expected that the National and International industry would participate in a big way in the NAVSIS-08.