In Tuesday's South Asia papers

09 September 2008 06:00  [Source: ICIS news]


Front page

China-Pak nuclear deal not possible: India
Amidst reports that Asif Ali Zardari, the president-elect of Pakistan, will visit China next week to negotiate a nuclear deal similar to the one between India and the US, govt sources have said that India is confident that the Sino-Pak deal will not happen.

Jaya Bachchan apologises for 'anti-Marathi' remarks: Reports
According to latest reports on the controversy involving Jaya Bachchan’s alleged "anti-Marathi" utterances at a recent film function in Mumbai, the actress has tendered an apology saying she didn’t intend to hurt the people of Maharashtra.


Sensex ends 461.14 pts up on nuke deal
Investors, mainly retail and high-networth individuals (HNIs), got into the buying mode again and pushed the BSE sensex higher by 461 points to 14,945.

India Inc eyes tie-ups for nuclear power plants
Within days of Nuclear Suppliers Group giving a go-ahead to nuclear trade with India, Assocham said about 40 companies are in talks with companies abroad to set up power plants.


Front page

Rupee at near 2-year low as stocks drop
The rupee fell to near two-year lows on Tuesday, tracking weaker regional currencies while lower shares triggered concern about further foreign fund outflows.

Clarifications on taxability of wage arrears required
The Central government had announced wage revision for the government employees recently. As a result, the employees expect to receive the arrears of salary (the increased wages) shortly.


Front page

LDP, JP demand end of emergency, holding of JS polls first
Liberal Democratic Party (LDP) and Jatiya Party (Monju) on Monday demanded immediate withdrawal of emergency completely and holding the long stalled general election first.

Gas crisis threatens to derail Bangladesh economic growth
An acute gas supply crunch caused by lack of hydrocarbon exploration is threatening to derail Bangladesh's record industrial expansion, officials say.


DSE witnesses gains
The Dhaka Stock Exchange (DSE) witnessed gains for the third consecutive day on Monday with most shares registering gains amid increased turnover.

Taiwan to invest $7.25m in Comilla EPZ
M/s. Hun Hsin Textile Co. (BD) Limited, a Taiwan company, will set up a Textile Yarn Manufacturing Industry in the Comilla Export Processing Zone, says a press release.


Front page

Eleven killed, 23 injured in Vavuniya attack  
Ten soldiers and a Policeman were killed and 23 others injured following the LTTE pre – dawn attack on the military base in Vavuniya.

SC orders release of Buddhist monk
The Supreme Court yesterday ordered the immediate release of Rajagiriya Welikadewatte Temple’s Chief Incumbent Ven Pannala Pangnaloka Thera who was remanded last week over a sound pollution case.


Colombo host GSMA Asia Pacific
One of the important events in the global telecommunication calendar, the annual GSM Asia Pacific Conference of the GSM Association kicked off in Colombo yesterday with the participation of telecom leaders that comprised of over 150 delegates from 27 countries.

SL lures Indian IT SMEs
A Sri Lankan IT/BPO sector delegation led by the Board of Investment of Sri Lanka (the BOISL) concluded a successful mission to Chennai, Bangalore and Hyderabad last week.


No news updates


Front page

Zardari to be sworn in today
Newly elected President Asif Ali Zardari was set to be sworn in to office on Tuesday. Zardari secured a large win in a poll among lawmakers on Saturday and will become the 14th president.

Wheat price shoots up to Rs 2,400 per 100-kg
The price of wheat grain on Monday shot up by Rs 100 to Rs 2,400 per 100-kg in the wake of an acute shortage of the commodity, primarily caused by the official ban on its inter-provincial transportation particularly from Punjab, traders said.


AJK Council budget presented
Minister incharge for Kashmir Affairs, Qamar Zaman Kaira on Monday presented the budget (2008-09) of AJK council with total revenue receipts target of Rs 5678.312m including Rs 3,500m from Income Tax.

Finance dissatisfied with privatisation pace
The Ministry of Finance (MoF) has shown dissatisfaction over the pace of Privatisation Commission’s (PC) divesting public sector entities, and demanded of it to take some big strides to meet the target for revenue generation from privatisation proceeds.

By: Staff Reporter
+44 20 8652 3214

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