the Pentagon has conceded that some elements of Pakistan's Inter-Services Intelligence are supporting the terrorist networks in the region, thus undermining the war against terrorism by the US-led international forces.It is for the first time probably, Pentagon, which often is accused of shielding the Pakistan army and the ISI, acknowledged that the latter has links with terrorist networks, which is a matter of serious concern for the US.Pentagon spokesman Col David Lapan, said that some members of the ISI ‘might be interacting with terrorist organisations in ways that aren't consistent with what the government and military are doing.’The spokesman was responding to questions about a news report in ‘The Wall Street Journal’ which said that ISI is asking and assisting Taliban against NATO and US forces in Afghanistan.Noting that ISI as an organisation does not support terrorism, Lapan said some elements within the intelligence agency are providing assistance to terrorists.
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At last, more than two years of pathetic waiting, domestic indices recouped its psychological level 6000 and 20000 in the last session tracking cues from US markets and inflows from FIIs. Though, volumes were a little bit on lower side, technical indicators also suggest some over bought conditions in near term. Still, such consistent buying from global giants gives us a strong belief to rely on this rally. Hence any correction in near term should be used as a decent opportunity to go long.
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