In Tuesday's South Asia papers

12 August 2008 06:00  [Source: ICIS news]

 

THE TIMES OF INDIA

Front page

Rajyavardhan Singh Rathore fails to qualify in double trap finals
Athens silver medallist Rajyavardhan Singh Rathore failed to qualify for the finals of men's double trap event at the Beijing Olympics.

Land row: Srinagar tense; Army on stand-by
The all-party delegation will meet again today with no solution in sight. Curfew has been clamped in Srinagar after a Hurriyat leader was killed in police firing on Monday.

Business

Auto sales run out of gas as interest rates bite hard
While Tata Motors, Honda, Ford and Mahindra-Renault saw numbers shrinking, Maruti and Hyundai reported muted growth.

SBI ups lending, deposit rates
Amid high interest rate scenario, the State Bank of India has brought some cheers for both depositors and small home loan borrowers.

THE ECONOMIC TIMES

Front page

Stocks open higher as crude slips further
National Stock Exchange's benchmark Nifty on Tuesday opened at 4637.50, up 17 points.

Liquidity-hit banks kick off battle for bulk deposits
The battle for raising deposits has kicked off, with banks aggressively quoting higher rates to attract bulk deposits.

Business

Most companies in US avoid federal income taxes
Unlike the typical American citizen, most US corporations and foreign companies doing business in the United States pay no federal income tax, according to a new report from Congress.

Taiwan's top corps are upbeat, but challenges remain
Taiwan's top companies will be challenged by a slowing global economy and rising material prices in 2008, but closer integration with China has buoyed corporate sentiment.

THE BANGLADESH TODAY

No news update

DAILY MIRROR

No news update

DAWN

Front page

Musharraf plans move to counter offensive
A beleaguered President Pervez Musharraf is reported to have told his loyalists that he has ‘sufficient official records’ to expose failures of the four-month-old coalition government.

Only 25 PML-Q legislators vote against PA resolution
The Punjab assembly on Monday adopted with an overwhelming majority a resolution asking the president to either obtain a vote of confidence or resign.

Business

US, Pakistan agree to revive talks on BIT
Pakistan and the United States on Monday decided to revive the stalled negotiations on Bilateral Investment Treaty (BIT) and further strengthen controls against terrorism financing.

Millers to discuss wheat issue today
Leaders of All Pakistan Flour Mills Association are meeting on Tuesday in Lahore to consider situation arising out of continued ban on inter-provincial wheat movement imposed.

BUSINESS RECORDER

Front page

Sheikh Abdul Aziz and 12 other Kashmiris killed on way to Pakistan
Indian occupational troops on Monday shot dead a prominent Kashmiri leader Sheikh Abdul Aziz as he was taking part in a demonstration doctors and witnesses said.

Oil prices fall in Asia
Crude oil traded lower in Asia on Tuesday as investors focussed on waning global energy demand, but the conflict between Russia and Georgia threatens price volatility, dealers said.

Business

BIT to provide new cooperation framework
The US Assistant Secretary of State for Statistic Energy and Business Affairs, Daniel S Sullivan on Monday said Bilateral Investment Treaty (BIT) is going to provide the US and Pakistan a new framework for long-term economic co-operation.

Pakistan and US for broad-based economic ties: joint communiqué issued
A joint communiqué, issued on Monday after third Pak-US economic dialogue, reaffirmed the two sides' commitment for deeper and broad-based bilateral co-operation in all sectors of the economy.

By: Staff Reporter
+44 20 8652 3214

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