In Friday's South Asia papers

05 June 2009 05:00  [Source: ICIS news]


Front page

Will India be slum free in five years?
UPA government has adopted an ambitious target of making India slum-free in five years with President Patil announcing a housing scheme for urban poor and slum-dwellers.

Medical scam just got bigger: PG seats for Rs2 crore
The price this year for a post-graduate seat in radiology in leading private colleges is Rs2 crore while cardiology, gynae and orthopaedics are priced around Rs1.5 crore.


Retail investors yet to join rally
While Indian investors are cheering the bull run in stock markets, nearly 3,000 point-rally in sensex post-elections seems to be the handiwork of foreigners.

Audi bets on India, drives in SUV Q5
German car maker launched Q5 in India, which, for the time being, will be imported.


Front page

Market climbing too fast for comfort?
Sensex has now risen 80% in less than three months. But, better economic performance could prevent any sharp decline.

Outsourcers go speed dating to sign deals
Speed dating cuts through the expenses and firms can select a vendor within 60 days.


Front page

JS budget session opens without BNP
The budget session of the ninth Parliament began on Thursday with the opposition boycotting the House proceedings centering the rearrangement of seats for the opposition lawmakers in the front row.

I did not resign: Sohel Taj
State minister for home Tanjim Ahmed, returning to work on Thursday after a rumour-filled four-day absence, has denied having tendered his resignation during that time.


BD receives $75,000 software export order
Bangladesh has received software export orders of 75,000 US dollar and potential orders amounting to 12.25 lakh from a three-day software exposition titled 'Software Development Exposition' held in Tokyo, Japan.

EU to earmark 19bn euros to boost employment
The European Commission proposed on Wednesday measures to fight unemployment, boost job creation and upgrade worker skills with a fund support of 19bn euros (about 26.99bn US dollars).


Front page

UN ready to support Lanka rights probe- Pillai
The United Nations stands ready to support an inquiry into abuses in Sri Lanka's civil war, UN High Commissioner for Human Rights Navi Pillay said on Thursday adding that both the LTTE and the military needed to held responsible.

‘Captain Ali’ taken into custody
The Navy has taken into custody the controversial vessel ‘Captain Ali’ and its crew after it entered Sri Lankan waters illegally today.


SC: SLIC to be handed back to the state
Delivering the much-awaited judgment in the case challenging the privatisation of the Sri Lanka Insurance Corp (SLIC) in 2003, the Supreme Court observed that the sale of the profitable state institution violated all accepted tender procedures.

Aviation leaders gather in Kuala Lumpur
The International Air Transport Association (IATA) announced that the 65th Annual General Meeting and World Air Transport Summit to be held in Kuala Lumpur, Malaysia from 7-9 June 2009 will feature participation from two important world political leaders.


Front page

Obama asks Muslims to make fresh beginning
The US President urged for unity to confront violent extremism and advance the Middle East peace process.

Three senior TNSM leaders arrested in Amandara
TNSM deputy chief Mohammad Alam and spokesman Amir Izzat detained; Sufi Mohammad’s status remains unconfirmed.


Funds for IDPs running short, warns UN
Only 22% funds from the $543m UN appeal have been received putting relief efforts at risk, said an official.

National Economic Council approves massive PSDP
The Council announced an ambitious Public Sector Development Programme and projected a 3.3% GDP growth rate.


Front page

Sufi Muhammad arrested
Security forces have arrested Maulana Sufi Muhammad along with his deputy Moulana Muhammad Alam and spokesman Amir Izzat Khan and many others during a raid on a Madrassah in Amandarra area of Malakand Agency.

Obama vows 'new beginning' with Islam
US President Barack Obama on Thursday vowed to forge a ‘new beginning’ for Islam and America in a landmark speech to the world's Muslims, evoking a vision of peace after a smouldering cycle of ‘suspicion and discord.’


Sindh government may present Rs 300bn deficit budget
Sindh government likely to present a deficit budget of Rs 300bn for Fiscal Year 2009-10 on 16 June, Business Recorder learnt on Thursday.

Salman predicts a deficit budget for 2009-10
Former Federal finance minister and leading economist Dr Salman Shah has predicted a deficit budget for 2009-10 due to failure in achieving revenue targets set for the 2008-09 fiscal year.

By: Staff Reporter
+44 20 8652 3214

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