In Monday's South Asia papers

19 May 2008 04:30 [Source: ICIS news]

THE TIMES OF INDIA

Front Page

We didn't react to terror warning, says top cop
In a candid confession, Rajasthan DGP Amarjot Singh Gill on Sunday admitted that police did receive copies of the March 2008 issue of a Nagpur weekly – Iman ki Awaaz – which reported that the walled city areas in Jaipur were infested with Wahabi groups and have become a hub of terrorist activities.

Dead end for women's quota bill?
If politics is expediency, UPA has played the game well by all but ensuring that the women’s reservation bill doesn’t become a law during the Manmohan Singh government’s term.

Business

Anil Ambani to fund Hollywood biggies
Bollywood has always gone places. Now it’s going to the very fount of global entertainment — Hollywood — with big money in tow.

Gold, crude prices not moving in tandem
Don't track crude oil prices to take a call on gold investment. There are chances that you may receive a crude jolt. Gold and crude oil prices which traditionally used to move in tandem, now seem to have parted ways and are moving in different directions, since 17 April 2008.

THE ECONOMIC TIMES

Front Page

Market could slip further on oil surge
Soaring crude oil prices, and back home, a lethal concoction of high inflation, firm interest rates and a flagging rupee, could keep stock prices in check this week, say most market watchers.

RIL makes billion-dollar realty foray with Vornado
In what could mark its foray into the real estate and hospitality sectors, Reliance Industries has sealed a $1bn joint venture with the New York Stock Exchange-listed Vornado Realty Trust to set up a real estate fund that will develop a network of mega malls and highway shopping centres in India, not just for Reliance Retail (RRL) but also others.

THE BANGLADESH TODAY

Front Page

Mannan Bhuiyan, Shamsul Islam sent to Dhaka Central Jail after surrender
Reformist BNP leader Abdul Mannan Bhuiyan and party’s standing comitte member Shamsul Islam were sent to jail on Sunday to stand trial in the GATCO scam case after they surrendered to Dhaka Metro Sessions Court.

No participation in dialogues and general polls without Hasina: AL
Awami League would take part in neither the government’s sponsored dialogue nor in the next general election without participation of its President Sheikh Hasina.

Business

FBCCI President calls for potential Turkish entrepreneurs to invest in Bangladesh
FBCCI president Annisul Huq Sunday urged a visiting delegation to convey the message for their potential investors to invest in Bangladesh, where the investment policy is very transparent and favourable.

Dhaka stock close even
Dhaka stock ended almost flat on the first trading day of the week amid mixed buying and selling.

DAILY MIRROR

Front Page

UPFA names bonus seats for EP Council
Former Batticaloa Government Agent R. Maunagurusami and Priyantha Premakumara who unsuccessfully contested in the Batticaloa and Trincomalee districts respectively at the East polls, were named by the UPFA for the two bonus seats awarded to the party.

Pillayan calls on Mahanayaka theras
New eastern province Chief Minister Sivanesathurai Chandrakanthan alias Pillayan called on the two Mahanayaka theras of the Malwatta and Asgiriya Chapters a short while ago in Kandy. He also visited the sacred Dalada Maligawa and offered flowers and inspected the places where the Tigers bombed and damaged the Maligawa.

Business

No update

DAWN

Front Page

Appointment exposes fissures in PPP-PML-N coalition
The hair-raising political mystery unfolding in the country took another twist on Thursday when the Pakistan Muslim League-N reacted angrily to the nomination of controversial Salman Taseer as the new governor of all important Punjab.

US toughens stance on govt’s talks with militants
The United States is refusing to comment on the missile attack on Damadola but has toughened its stance on a proposed agreement with the militants, saying that any deal Pakistan reaches with them should be “worth more than the paper it is written on”.

Business

Consumers suffer as petrol sale stopped
Consumers faced problems in getting petrol and diesel on Thursday, especially in the Punjab, as a majority of petrol stations deliberately suspended sales to make monetary gains.

Forex reserves fall
Pakistan’s foreign reserves fell by $49m to $12.2bn in the week that ended on May 10, the central bank said on Thursday.

BUSINESS RECORDER

Front Page

Lawyers mount 'long march' on June 10: PBC
Pakistan Bar Council (PBC) vowed on Saturday to stage massive street protests next month unless the government meets its pledge to reinstate judges.

Government to approach South Arabia for oil on deferred payments
Pakistan has decided to approach Saudi Arabia for a 1998-like special treatment to import oil on deferred payments to offset pressures on its economy.

Business

Bush offers cooperation on economic, food crisis
Prime Minister Syed Yousuf Raza Gilani on Sunday reiterated that the new coalition government stands by the country's pledge to fight terrorism, "the biggest threat to the world."

By: Staff Reporter
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