In Wednesday's South Asia papers

29 April 2009 05:00  [Source: ICIS news]


Front page

Man who found pebbles in Anil Ambani’s chopper found dead
Three days after the Mumbai crime branch began its probe into the Anil Ambani chopper sabotage case, key witness Bharat Borge, a technician with aircraft maintenance company Air Works, was found dead under mysterious circumstances on Tuesday morning.

Economic downturn fuels 42% rise in UPSC applicants
The economic downturn is making the Indian middle class look at government jobs with renewed respect. The number of applicants for the Union Public Services Commission examination this year has seen a rise of 42% - up from last year’s figure of 2.8 lakh to a little over 4 lakh.


Aviation, hotel stocks catch bug
Punters on Dalal Street used reports of swine to trip aviation and hotel stocks sectors linked to tourism. Sensex shed 370 points or 3.25% to close at 11,001.75 points.

J S Sarma leads race to become Trai chief
J S Sarma, former secretary and additional secretary of department of telecom (DoT) and at present TDSAT member, has emerged as a frontrunner for the post of Trai chairman, according to sources in the ministry.


Front page

Satyam, Tech Mahindra set to have $2.2bn revenue
Satyam Computer Services and its new owner Tech Mahindra are set to have combined revenues in the range of around $ 2.2bn.

Toyota small car may sport Rs5-7 lakh tag
Toyota Kirloskar Motor, the Indian subsidiary of the Japanese auto giant, has revealed the pricing segment for the compact car it plans to launch next year.


Front page

Military and military-backed govts put brakes on desired development: PM
Prime Minister Sheikh Hasina on Tuesday observed that Bangladesh could not attain its desired development yet as military and military-backed forces ruled the country frequently in the past with disregard for people’s welfare.

Trial of war criminals maintaining international standards
Law Minister Barrister Shafique Ahmed on Tuesday said the government is proceeding cautiously to hold the trial of war criminals impeccably by international standards.


Separate power generation, agro-based industries budget for Rajshahi region stressed
Speakers at a pre-budget discussion on Tuesday underscored the need for giving priority towards agriculture, food security, separate power generation and agro-based industries in the forthcoming national budget for Rajshahi region.

First ever currency museum opens at BB head office
A currency museum, first of its kind, was opened at the Bangladesh Bank head office on Tuesday.


Front page

Conditions reach breaking point - UNHCR
The UN High Commissioner for Refugees (UNHCR) says the present situation in the north is critical and the conditions at the refugee camp sites have reached breaking point, placing severe strains on the humanitarian services available.

Canada’s opposition urges more help for Tamils
Canada’s main opposition party has pressed the government to make it easier for Tamil refugees in Sri Lanka to enter Canada.


A "Small Miracle" is now in the making: Sri Lanka Tourism
The war is nearly over. After some two and a half decades of extreme internal conflict and terrorist mayhem, Sri Lanka is now on the threshold of a brand new beginning.

Fed releases stress-test methodology
The Federal Reserve has pulled back the curtain on its banking stress tests when it released the methodology behind government-mandated analysis recently completed at the nation’s 19 largest banks.


Front page

US move for emergency Pakistan aid package
US lawmakers - both in the Senate and the House of Representatives - said on Tuesday that they would support the Obama administration’s move to seek $200-400m in emergency aid for Pakistan.

Gandhi kin asks India to resume talks with Pakistan
A grandson of Mahatma Gandhi has joined demands by a growing number of Indian activists for resumption of talks with Pakistan, saying the beleaguered country needed ‘neighbourly support’ as well as a self-help strategy to overcome its many challenges, a statement said on Tuesday.


Factors pulling down textile exports
Pakistan’s textile and clothing exports fell in the first eight months (July-January) of the current fiscal year, due to surging raw material prices, energy crisis, financial costs and global recession.

CRA committee to meet with Banking Association
A committee constituted by the Ministry of Finance to review and finalise for the country the draft corporate rehabilitation act (CRA) has decided to hold a meeting with the Pakistan Banking Association and take it on board on the issue.


Front page

Operation launched in Buner: ISPR
Pakistan Army and para-military forces, backed by Pakistan Air Force, have launched an offensive against militants in Buner, the second district of Malakand agency after Lower Dir, said Director-General of the Inter-Services Public Relations (ISPR) Major General Athar Abbas, here on Tuesday.

Tarin urges US to quickly approve legislation
Finance Advisor to Prime Minister Shaukat Tarin urged the United States on Monday to quickly approve legislation aimed at creating jobs and fighting extremism in Pakistan and Afghanistan.


CDGK’s Rs52.040bn draft budget for fiscal year 2009-2010 unveiled
Amid protest and sloganeering by the opposition against the perceived "high-handedness" on the part of chair, the Haq Parast Panel-dominated treasury in City Council unveiled the city government’s Rs52,040.57m draft budget for fiscal year 2009-2010 on Tuesday.

Pakistan proud to showcase strength at Shanghai Expo 2010: Masood Khan
Terming the day as important day for Pakistan for Sino-Pak friendship as well as for Shanghai Expo-2010, Ambassador Masood Khan said that his country was proud to showcase its strength by participating in next year’s mega exposition to be held in China’s economic hub.

By: Staff Reporter
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