In Monday's South Asia papers

21 July 2008 04:30  [Source: ICIS news]

THE TIMES OF INDIA

 

 Front page

Docs with foreign PG set to get govt's nod

In a bid to allow Indian doctors practising abroad to return, the government may soon recognize postgraduate medical degrees of 10 foreign countries.

 

Ads that 'stereotype' women may be banned

The NCW plans to seek a ban on stereotyping of women on television through amendments in the Indecent Representation of Women (Prohibition) Act.

 

Business

 

Carlyle may exit Chennai-based fin co

Private equity fund, Carlyle may exit from the Chennai-based Financial Software and Systems Private Ltd, (FSS) a niche payment systems company.

 

FII limit for corp bonds may go up

The Reserve Bank of India (RBI) is considering a finance ministry's proposal to increase the limit of foreign institutional investors (FIIs) exposure in corporate bonds.

 

THE ECONOMIC TIMES

 

Front page

 

Investors sell gold to tide over cash crunch

Amid increasing price of gold, bullion markets saw close to one tonne of gold ornaments being sold off by investors.

 

Indians still prefer to transact in cash

Even as electronic modes of settlement are becoming popular, cash still dominates the bulk of transactions made in India.

THE BANGLADESH TODAY

 

Front page

 

HC asks CG to explain Why proclamation of emergency shouldn't be declared illegal

The High Court on Sunday directed the caretaker government to explain why he proclamation of state of emergency and the Emergency Power Ordinance along with its rules should not be declared illegal and contrary to the Constitution.

 

The end of the era of anti-corruption

One of the main platforms of the Emergency Government, that is, its drive against corruption is collapsing fast under its feet; it only remains to be seen how far and how painful will be the fall both for the Emergency Government and the people of this Country.

 

Business

 

Prices of baby food mark sharp rise

Prices of powdered milk used as baby food have marked a gradual rise during the last few months, sources said.

 

Trade deficit likely to widen

Trade deficit might have widened to $6.5 billion in fiscal 2007-08, driven by higher import bills than in the previous years, despite bumper production of boro paddy.

 

DAILY MIRROR

 

Front page

 

No new updates.

 

Business

 

Sri Lanka yet to approve CEPA

India is surprised over the announcement here by the Sri Lanka Government that the Indo-Sri Lanka Comprehensive Economic Partnership Agreement (CEPA) is yet to be approved by the Mahinda Rajapaksa Government.

 

Siemens to upgrade power supply system in Colombo

Siemens Energy division has received an order from Ceylon Electricity Board (CEB), Sri Lanka’s state power supply utility for the modernization and upgradation of the medium-voltage distribution network of the country’s capital, Colombo.

 

DAWN

 

Front page

 

No new updates.

 

Business

 

Oil price: hype and reality

EVER since the international oil prices started their journey to often set records almost daily basis, policy makers and oil business have accepted it as a God-sent opportunity. While the consumers are severely hit by surging oil prices and its impact on rates of other commodities, oil refineries, marketing companies and the government earn unprecedented windfalls.

 

Towards bio-diesel

AT a time when bio-fuels have suddenly become the new villains of the food crisis and being discouraged the world over, Pakistan is thinking in terms of using these as an alternate energy source.

 

BUSINESS RECORDER

 

Front page

 

No new updates.

 

Business

 

ADB to provide $500 million for boosting economic transformation

The Asian Development Bank (ADB) will provide $500 million for 'Accelerating Economic Transformation Program (AETP) (Subprogram-1)', which will provide significant benefits in general, and targeted benefits for the poor in particular. First, it will help meet the immediate and massive fiscal needs of the Pakistan government.

 

'Prime Minister's speech leaves positive impact on business community'

Multan Chamber of Commerce and Industry (MCCI) President Khawaja Jalaluddin Roomi termed the speech delivered by Prime Minister Syed Yousuf Raza Gilani as realistic one depicting the whole scenario troubling the country and evolving a clear cut strategy to steer the motherland out of crisis.

By: Staff Reporter
+44 20 8652 3214

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