In Wednesday's South Asia papers

08 October 2008 06:00  [Source: ICIS news]

THE TIMES OF INDIA

Front page

Bengal not a closed chapter: Ratan Tata
It took the Tatas just 10 days to seal the Nano deal with Gujarat. But "we have not walked out of West Bengal and left a crater", Ratan Tata says in an interview with TOI.

Key accused in Orissa nun’s rape case arrested
The key accused in the gang-rape of a nun has been arrested in Orissa’s volatile Kandhamal district, where communal clashes since August 23 have left at least 35 dead and thousands homeless, police said on Wednesday.

Business

US meltdown hits Indian shores
Graduates across Indian Institute of Technology campuses pull out their smartest tux when Goldman Sachs visits them. This year, however, the investment giant seems to have decided to give the tech colleges a miss in its annual campus recruitment drive.

You are in queue, software majors tell new recruits
They never thought that the cross-over from college campus to office cubicle would take so long. But, for dozens of bright young men and women all over the country, the wait before they join their first job is proving to be extremely frustrating.

THE ECONOMIC TIMES

Front page

Market to open gap-down as financial crisis worsens
Stocks are headed for a downhill journey on Wednesday as the global financial crisis worsened after US Federal Reserve chief Ben Bernanke’s remarks indicated the central bank’s record loans to unblock credit markets are insufficient to prevent a deeper economic downturn.

Bush signs N-deal on Wednesday; India expects 123 clarifications
US president George W Bush is set to sign the legislation on the Indo-US nuclear deal into law on Wednesday, an occasion when India expects certain provisions of the 123 Agreement will be cleared.

THE BANGLADESH TODAY

Front page

Unregistered party not to be allowed to contest poll under own symbol
Chief Election Commissioner (CEC) ATM Shamsul Huda on Tuesday said the political parties will have to apply for registration to the election commission within October 15 for contesting ensuing parliamentary polls to be held on December 18 this year.

AL to allow front orgs to run independently: Ashraful
There would not be any front organisation in the Awami League (AL). All of its associate bodies would be allowed to run independently without any interference.

Business

DSE witnesses fall for 2nd consecutive day
The Dhaka Stock Exchange (DSE) witnessed fall for the second consecutive day on Tuesday to continue market correction after the benchmark index crossed 3,000-mark on Sunday.

Innovation an important source of economic growth: Moriarty
US Ambassador James F. Moriarty Tuesday said innovation is an important source of economic growth and universities can help nurture innovative ideas needed for the flourishing of the economy of a country.

DAILY MIRROR

Front page

Parliament should reject Karuna – AI
The Sri Lankan Parliament should reject, through a vote of no confidence, the membership of Vinayagamoorthi Muralitharan, otherwise known as Karuna, who is alleged to have committed war crimes and crimes against humanity, Amnesty International said in a statement.

Former Tiger sworn-in as MP
Opposition Leader of the North-Central Provincial Council, Retired Major General Janaka Perera was assassinated in a suspected suicide bombing while he was attending the opening of a new UNP branch office in Anuradhapura on Monday.

Business

Moragoda to focus on tourism promotion in Gujarat
Tourism Minister Milinda Moragoda will visit the Indian State of Gujarat from the 6th to the 9th of October at the invitation of the State Government headed by Chief Minister Narendra Modi. Minister Moragoda will hold discussions with the Chief Minister of Gujarat and other senior personalities from the Government and private sector in the State.

Govt. goes for US$300m syndicated loan
The Central Bank on Tuesday invited proposals from selected banks/investment banks to offer their services to function as the Lead Manager for raising a proposed loan amounting to US$300m.

DAWN

Front page

Military to share secrets with MPs
The two houses of parliament meet in a rare in-camera joint sitting on Wednesday where the military will share with politicians secrets about why blood is flowing with such abandon in a messy war that neither side seems winning.

Blasts rock Lahore market; 7 injured
Seven people were injured when three low-intensity bomb blasts hit juice shops near the busy Garhi Shahu chowk here on Tuesday night.

Business

Urea prices up by Rs2,500 per bag
As fertiliser companies on Tuesday increased the DAP prices per bag by more than Rs2,000, the farming community lashed out at the companies, saying the current raise will demoralise farmers and cause harm to agriculture.

Bumper cotton crop likely
Higher phutti (seed-cotton) arrival in Sindh and Punjab during the first month of the new harvesting season (September) has poised the country to produce a bumper cotton crop.

BUSINESS RECORDER

Front page

McCain, Obama clash again on Pakistan policy
White House hopefuls John McCain and Barack Obama clashed on Tuesday once again on combating terrorism on the Afghan-Pakistan border in their second of three presidential debates.

Third anniversary of October eight earthquake today
Third anniversary of deadly earthquake of October 8, 2005 is being observed across Azad Jammu and Kashmir on Wednesday to pay tributes to martyrs and other victims of the natural calamity.

Business

Punjab government, Argentine pledge to improve ties
Punjab government and Argentine have decided to form working groups for enhancing bilateral co-operation in various sectors. This was decided during a meeting held between Punjab Chief Minister, Mian Shahbaz Sharif and Argentinean Ambassador, Rodolfo J Martian Saravia at Chief Minister’s Secretariat, here Tuesday.

Financial crisis: Piaf for all Pakistan trade bodies conference
Pakistan Industrial and Traders Associations Front (Piaf) on Tuesday called for all Pakistan trade organisations conference to wear off the impact of global financial crisis that has now started putting very negative affect on the overall economy of Pakistan.

By: Staff Reporter
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