In Thursday's South Asia papers

02 October 2008 07:00  [Source: ICIS news]

THE TIMES OF INDIA

 

Front page

 

US Senate approves Indo-US nuclear deal
US Senate gave final congressional approval to an agreement to end the three-decade ban on US nuclear trade with India with 86 votes in favour and 13 against it.

 

4 dead, 76 hurt as serial blasts rip Tripura
Terrorists struck Agartala for the first time as four people were killed and 76 injured in five blasts. Police suspect HuJI hand.

 

Business

 

'Crisis may not hit India hard'
PM Manmohan Singh has said that India may escape the worst consequences of the global financial crisis, while expressing apprehension that the crash may drag the country's growth rate down to 7.5-8%, besides affecting capital inflows and exports.

 

Sensex regains 13k on US rescue passage hope
Indian stock market indices closed on a positive note after faltering in the initial stages.

 

THE ECONOMIC TIMES

 

Front page

 

Senate passes $700bn financial bailout
Senate approved $700bn bailout that political leaders called crucial to averting economic catastrophe.

 

US Senate passes Indo-US Nuclear Deal
The US Senate passed the Indo-US nuclear agreement even as it rejected killer amendments to the Bill by a voice vote.

 

THE BANGLADESH TODAY

 

No news updates

 

DAILY MIRROR

 

Front page

 

US Senate passes financial rescue package
The US Senate has voted in favour of the revised $700bn rescue package for financial companies. The final tally was 74 to 25.

 

People from East to be registered on Sunday
The Police Department is to hold another registration programme on Sunday, to register those who have come to Colombo and Western Province from the East, similar to the recently held programme targeting those who have migrated from the North.

 

Business

 

Defence spending to top Rs 177.1bn in 2009
Government plans to allocate Rs 177.1bn next year for its defence forces whose campaign against the Tamil Tigers is intensifying, according to the appropriation bill published by the finance ministry.

 

Revamped US bailout faces new vote, stocks up
A revamped US financial rescue plan aimed at restoring market confidence faces a vote by the Senate late on Wednesday, reviving hopes that the lawmakers can turn the tide in the global banking crisis.

 

DAWN

 

No news updates

 

BUSINESS RECORDER

Front page

 

ADB releases $500m from $1.5bn loans
Asian Development Bank will provide $1.5bn in three tranches under the Accelerated Economic Transformation Programme.

 

Income tax audit to be resumed
The Federal Board of Revenue (FBR) has decided to resume income tax audit of registered persons under section 177 of the Income Tax Ordinance, 2001, covering returns to be filed by 30 September, 2008.

 

Business

 

India may ease FDI norms for Pakistani firms
India may ease foreign direct investment (FDI) norms for Pakistani companies once political situation becomes more stable in Pakistan.

 

Asia to become economic powerhouse by next decade
Pakistan Economy Watch has said that only regional cooperation can provide relief to 500m poor living in South Asia.

By: Staff Reporter
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