In Monday's South Asia papers

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

THE TIMES OF INDIA

Front page

Swine flu reaches Delhi, two infected
Delhi reported its first case of human-to-human transmission of H1N1 influenza virus on Sunday, while Hyderabad saw its second such case of the deadly virus.

Two Kashmiri women were raped, murdered: Autopsy
In a major embarrassment to J&K government, police on Sunday registered an FIR in the case after a forensic report confirmed that the women were raped and murdered.

Business

Auto parts exporters feel heat
Contraction in automobile sales across Europe and the US has put brakes on the growth of exports of auto components from India that have ended near flat in fiscal 2008-09 after witnessing an over 20% CAGR since 2003.

Steel cos considering price hike on global cues
Domestic steel giants like JSW Steel and Jindal Steel and Power (JSPL) are considering increasing prices of their products following the firming global cues and the improvement in domestic demand.

THE ECONOMIC TIMES

Front page

Markets may choose to hold on till budget
Investor expectations from the Budget are high giving the market very little room for disappointments.

Will Citi sell stake worth $1.71bn in HDFC?
Analysts feel Citi may try to hold on to HDFC for as long as it can because Asia is the only growth engine in the group’s portfolio.

THE BANGLADESH TODAY

Front page

UZ chairmen allege they cannot work for UNOs & legal framework
Leaders of Upazila Chairmen's Association alleged that UZ chairmen have become inactive due to indecision of government and non-cooperation of the UNOs.

Dhaka insists on Pakistan apology
Bangladesh has reiterated that Pakistan must apologise for the genocide it had committed during the country's independence war in 1971.

Business

REHAB Fair ends with huge response
The REHAB Summer Fair 2009 ended on Sunday with huge response as visitors thronged the fair a large numbers in the first three days.

VAT likely on event management firms from next fiscal year
The government is likely to impose VAT (Value Added Tax) on event management firms from the next fiscal year.

DAILY MIRROR

Front page

Sri Lanka should devolve powers to Tamils: Chidambaram
Sri Lanka should devolve powers to Tamils in line with the Indo-Sri Lankan Accord and "if possible go even beyond that", Indian Union Home Minister P Chidambaram said on Sunday after meeting Tamil Nadu Chief Minister M Karunanidhi.

Federer equals Sampras' record of 14 major titles
Roger Federer has won his first French Open championship to tie Pete Sampras' record of 14 major titles and complete a career Grand Slam.

Business

Govt initiates plans for tourism development
Under the Eastern Development initiative ‘Neganahira Udanaya’ of President Mahinda Rajapakse the Ministry of Tourism Development has taken several steps to develop tourism in the Eastern Region.

People’s Leasing acquires SMLL
People’s Leasing Company Limited, the market leader in Sri Lanka’s leasing industry has acquired a 84.50% stake in Seylan Merchant Leasing PLC.

DAWN

Front page

Villagers angered by mosque blast attack Taliban
11 militants, including two Taliban commanders, were killed in an armed action by tribesmen in Upper Dir district.

10 die in Karachi target killing spree
‘Most of the victims belonged to MQM-Haqiqi,’ said Karachi police Chief Wasim Ahmed while confirming the killings.

Business

Low revenue forced govt to cut uplift budget: report
The government cut down federal and provincial development budgets from Rs523bn to Rs480bn on IMF’s insistence.

Govt criticised for failing to solve growers’ problems
Growers lament the acute shortage of water and urea, inordinate increase in input prices and lack of government support.

BUSINESS RECORDER

Front page

Four more terrorists killed in Operation Rah-e-Raast
The security forces in the area under Operation Rah-e-Raast have secured more locations by killing four more terrorists during the last 24 hours.

Oil trades below 68 dollars a barrel
Oil prices were lower in Asian trade on Monday as investors took profit after New York crude breached 70 dollars a barrel for the first time in seven months late last week.

Business

'Projects helpful in elimination of poverty to be included in ADP'
Chief Minister Punjab Muhammad Shahbaz Sharif has said that next Annual Development Programme (ADP) will be responsive to the needs of the poor and special measures will be taken for the uplift of backward and far-flung areas of the province.

Industrial sector enters restructuring phase
Pakistan's industries battered by falling exports amid the global economic slowdown, have entered a restructuring phase, which will encourage banks to enhance private sector lending, Former Punjab Minister for Industries Khawaja Muhammad Jalaluddin Roomi said while talking to newsmen here on Sunday.

By: Staff Reporter
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