In Thursday's South Asia papers

31 July 2008 05:30  [Source: ICIS news]

THE TIMES OF INDIA

Front Page

Now, Pak wants a nuclear deal with US too
Ahead of the IAEA meeting on Friday, Pakistan has demanded nuclear deal similar to the one Washington has made with India.

Bangalore, Surat bombs have Qaida imprint
Al-Qaida may not have a presence in India but its footprint was visible in the bombs used in Bangalore and Surat, according to intelligence officials.

Business

Sensex bounces back 496 points
In a sudden reversal of fortunes, the Bombay Stock Exchange (BSE) benchmark Sensex on Wednesday rebounded to post a gain of over 496 points on strong buying support in bank and capital goods stocks which were hammered on Tuesday.

Tax returns: Some don't need to panic
If you have deposited all your tax, or your due taxes have been deducted by your employer or you are not claiming a major amount as refund, you need not rush to the income tax office.

THE ECONOMIC TIMES

Front Page

Equities seen volatile on F&O expiry
Equities are expected to remain rangebound on Thursday amid mixed global markets and tracking the rebound in crude oil prices.

Ranbaxy offers loyalty bonus for select star managers
Barely two months after Japan’s Daiichi Sankyo bought it, Ranbaxy Laboratories, India’s largest drug-maker, is offering retention incentives to key executives globally to prevent exits.

Business

Oil steady after gain from US gasoline stock rise
Oil prices steadied on Thursday, after US government data on Wednesday showed an unexpected drop in gasoline stocks as suppliers facing weak consumer demand cut production and imports, sending prices surging more than $4.

Gold buying by investors helps drag global crude oil prices
The fall in crude oil prices over the last couple of weeks has been attributed to changes in demand-supply conditions, but there is much more to this slide.

THE BANGLADESH TODAY

No news update

DAILY MIRROR

Front Page

Lanka launches world’s first SHDI
Sri Lanka yesterday unveiled the world’s first ever Sustainable Human Development Index (SHDI), a foil to the Human Development Index (HDI) of the United Nations Development Programme (UNDP).

Skeletal remains found in Kadawatta
The skeletal remains of two people stacked in a gunny bag were found by a group of fishermen in a canal in Kadawatta today. Police are investigating the discovery.

Business

SAARC nations’ progress evident –CB
SAARC nations have seen a steady progress in five years in the areas of poverty alleviation, infrastructure development, enterprise governance, corporate social responsibility (CSR) and wealth creation which is the main focus according to Governor of Central Bank, Ajith Nivard Cabraal.

Food security high on agenda at SAARC
A summit meeting of South Asian leaders this weekend is placing 'food security' high on its agenda with promises of more state intervention, officials said, despite recent state meddling that backfired on the region's poor and farmers.

DAWN

Front Page

Fresh operation in Swat; five troops, 25 militants killed
Security forces killed 25 Taliban and lost a major, a non-commissioned officer and three soldiers after they moved into Matta tehsil of Swat on Wednesday to flush out the entrenched militants.

Malik blames Afghanistan, India for Fata unrest
India and Afghanistan are stirring troubles in Fata and Balochistan, Rehman Malik, adviser to the prime minister on interior, told journalists on Wednesday.

Business

Security around copper project beefed up
The Balochistan government has decided to make special arrangements to provide full security to the Rico Dig copper-cum-gold project in Chagai district.

Oil rises to near $123
Oil rebounded from lows to near $123/bbl on Wednesday after US government data showed a drop in gasoline stocks last week, surprising analysts who had expected an increase.

BUSINESS RECORDER

Front Page

Five troops, 25 militants killed in Swat: army
Five troops and at least 25 militants were killed on Wednesday in Swat, the military said.

PM urges US businessmen to invest in power sector
Prime Minister, Syed Yousuf Raza Gilani on Wednesday urged American businessmen to invest in Pakistan particularly in power sector and help meet economic challenges it was facing owing to global inflation.

Business

Get rid of TDAP, redundant ministries, EAC tells government
The Economic Advisory Committee (EAC) has recommended to the government to get rid of Trade Development Authority of Pakistan (TDAP) and all other redundant agencies/ministries and authorities to cut down non-development expenditure, besides rationalising development spending to achieve fiscal consolidation.

Bush backed $15bn Pakistan aid bill: Gilani
Prime Minister Yousuf Raza Gillani has said that President Bush has strongly supported $15bn of non-military development assistance to Pakistan, as the U S Foreign Relations Committee unanimously approved the Biden-Lugar bill, committing foreign assistance of this huge amount during next ten years.

By: Staff Reporter
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