In Monday's South Asia papers

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

THE TIMES OF INDIA

Front page

PM asks RBI governor to cut short US trip
In a move that indicates government's growing concern over the liquidity crunch, PM Manmohan Singh has asked RBI governor D Subbarao to cut short his US visit.

Maya cancels land for rail project in Sonia constituency
Uttar Pradesh govt has cancelled land for the setting up of a rail coach factory in Rae Bareli.

Business

PM asks RBI guv to cut short US trip
In a move that indicates government's growing concern over the liquidity crunch, PM Manmohan Singh has asked RBI governor D Subbarao to cut short his US visit.

Should RBI insure MFs: Subbarao
RBI governor D Subbarao has initiated a debate on the extent of insurance cover should be extended on deposits.

THE ECONOMIC TIMES

Front page

Stocks likely to witness mild pullback
Stocks are likely to see some respite after turbulent session last week, propped up by worldwide measures.

Crude prices could fall to $50 a barrel: Goldman Sachs
Goldman,one of the foremost bulls on commodities, warned that crude prices could fall as a low as $50 a barrel.

THE BANGLADESH TODAY

Front page

Appearance of Khaleda Zia, co-accused in Baropukuria case rescheduled for 16 Oct
A lower court of Dhaka rescheduled the date for appearance of BNP Chairperson Begum Khaleda Zia and other accused in Baropukuria coalmine graft case on 16 October as Khaleda Zia did not appear yesterday and filed a time prayer.

Hasina, Khaleda’s participation in polls to be ensured through legal process: Hossain Zillur
Participation of Awami League President Sheikh Hasina and BNP Chairperson Begum Khaleda Zia in the next parliamentary election will be ensured through legal process.

Business

Global economic fallout unlikely to affect local stock market: DSE chief
The fallout of the ongoing global financial flu sent in by the Wall Street crash will in no way affect Bangladesh stock market as it has no link with the international capital market, asserted the bourse operators.

FICCI sees global financial crisis to affect BD sooner or later
British High Commissioner in Dhaka Stephen Evans Sunday said Bangladesh has to be managed politically towards a political stability to achieve its full potential and to face the global financial crisis.

DAILY MIRROR

Front page

MIA sparks pregnancy rumours
Cult British/Sri Lankan star MIA has sparked reports she is pregnant after she was snapped sporting a bulging belly at a recent gig in New York on Saturday.

Australia considering Tiger ban
The Australian federal Government is considering listing the LTTE as a terror organisation, Foreign Minister Stephen Smith said.

Business

Less demand hurts c- industry
Holcim Lanka Limited, the country’s only cement manufacturer, yesterday said high inflation coupled with lack of investor confidence is hurting the construction industry and also the cement industry.

Triad's Api Wenuwen Api bags top advertising award for 2008
The Api Wenuwen Api campaign created by Triad resonated once again as the number 1 advertisement in the minds of Sri Lankans at the SLIM Nielsen People's Awards 2008.

DAWN

Front page

Opposition MPs flex muscle for frank debate: Joint session resumes today
After two days of listening to the military that many said informed them little, it will be the turn of parliament members to speak out on the so-called "war on terrorism" in a secret debate in search of a consensus beginning on Monday in a joint sitting of the two houses.

Air strike kills 27 in Orakzai
Twenty-seven militants, including two important commanders, were killed in an air strike in Orakzai tribal region on Sunday, says a press release issued by Frontier Corps.

Business

Market liquidity: coming challenges
Governments everywhere are assuring savers, investors and borrowers that, despite the global financial crisis, market players will be supported in meeting their commitments.

Friends Group -‘strategic partners, not donors’
When the so-called Friends of Pakistan Group met in New York on 26 Sept on the sidelines of the United Nations General Assembly session, many of us thought dollars will start flowing quickly to help the country overcome its current balance of payments crisis and prevent its economic slide.

BUSINESS RECORDER

Front page

NATO not losing Afghan war, commander says
NATO is not losing the war against the Taliban in Afghanistan, but there are not enough troops to provide sufficient security for the people, the commander of international troops in Afghanistan said on Sunday.

World Bank to lend $1.4bn, DFID doubles aid
The World Bank has pledged to provide $1.4bn support for Pakistan in the current year, which can be front-loaded to fast track investment projects and budgetary lending.

Business

Cement and textile sectors face gas load shedding
Untimely shutting down the Qadirpur field for emergency maintenance has left the industrial sector in the lurch, as it forced Sui Northern Gas Pipeline Limited (SNGPL) to curtail gas supply to cement, textile, and many other industries from 11 October.

World Standards Day 2008 on 14 October
World Standards Day is celebrated internationally each year on 14 October and the aim of World Standards Day is to raise awareness among regulators, industry and consumers as to the importance of standardisation to the global economy.

By: Staff Reporter
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