29 June 2009 05:00 [Source: ICIS news]
Front page
Monsoon revival may end UPA woes
The monsoon seems to have a big say in UPA-2’s future. If monsoon arrives on time, it will make finance minister Pranab Mukherjee’s task of presenting the budget more comfortable.
Pak has 7,000 on death row to India’s 300
He was sentenced to death in 1991 as Manjit Singh and today is one of the longest-serving death-row inmates in the world.
Business
Tata Motors rolls out JLR at Rs65 lakh-1 crore
Finally, the beast and the beauty kept their rendezvous with India. The niche, but growing, club of luxury car owners on Sunday got a booster shot with Tata Motors ushering in the British auto icons Jaguar and Land Rover (JLR) after almost a year of acquiring them from Ford Motor Co.
China’s iron ore discovery may hit India’s exports
More than half of India’s exports to China are iron ore. Beijing is also heavily dependent on supplies from Australia, Japan and South Korea to feed its high speed industrial growth.
Front page
SEBI plans increasing D-Street trading hours
Longer trading hours may become the norm for stock market intermediaries sooner than later. The capital markets regulator, Sebi, is learnt to be thinking of increasing stock exchange trading hours so that market participants in India are better placed to react to developments in global markets.
Jaguar, Land Rover to hit Indian roads soon
Jaguar Land Rover (JLR), the marque auto brands that Indian customers could only admire on the screen, will soon be on Indian roads.
Front page
BD, UK agree on cooperation to combat terrorism
Bangladesh and Britain on Sunday agreed to launch a joint working group to counter terrorism.
Dhaka wants Rohingas to go back permanently
The government is taking up with the international organisations the issue of Rohinga refugees to permanently send them back to their homeland, the disaster management minister said on Sunday.
Business
Jaguar, Land Rover enter Indian market
India’s Tata Motors on Sunday announced the entry of luxury British marques Jaguar and Land Rover into India, but insisted there were no plans to assemble them in the country for the time being.
NKorea economy grows but remains in doldrums
North Korea’s economy expanded in 2008 thanks to increased grain production and foreign aid after two years of contraction, but still remained in the doldrums, official data showed on Sunday.
No new updates
Front page
Twelve soldiers killed in Waziristan attack
Twelve soldiers were killed after militants reportedly aligned with the Baitullah Mehsud group ambushed a military convoy in North Waziristan on Sunday.
Talks without Kashmir will not bring peace: Gilani
Prime Minister Yousuf Raza Gilani said on Sunday that talks with India would not contribute to a durable peace in the region unless the issue of Kashmir was addressed.
Business
Govt concealing actual inflation figures
The government has delayed for at least one year a revision in consumption patterns for measurement of inflation that has helped it to conceal actual inflationary pressures.
Export industries affected by gas, power outages: PM
Prime Minister Yousuf Raza Gilani has said that business houses from China, South Korea and Turkey had shown interest in investing in Karachi’s textile city.
Front page
Thakkot hydel project feasibility: Wapda opposes entrusting to PPIB
The Water and Power Development Authority (Wapda) has opposed entrusting feasibility study for 2,800MW Thakkot hydropower project, estimated to cost $6bn, to the Private Power Infrastructure Board (PPIB), accusing the Board of creating hurdles in hydropower projects.
Sugar, cars, cement, milk cartels: CCP told to prepare presentation
The Competition Commission of Pakistan (CCP) has been instructed by the government to prepare a presentation on the reported cartelisation by sugar, cars, cement and milk cartels, sources in Industries Ministry told Business Recorder.
Business
1% increase in WHT on import of raw materials: Pharmaceutical companies decide to approach MoF and FBR
The drug manufacturers have decided to approach Ministry of Finance (MoF) and Federal Board of Revenue (FBR) to revisit its decision to increase withholding tax on import of raw material.
Workshop on ‘Halal food issues and ingredients concerns’ today
Pakistan Society of Food Scientists and Technologists (PSFST) in collaboration with Islamic Food and Nutrition Council of America (IFANCA) is holding a one day international workshop on "Halal food, issues and ingredients concerns" at the Pakistan Council of Scientific and Industrial Research, here on Monday.
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