In Monday's South Asia papers

19 October 2009 05:00  [Source: ICIS news]

THE TIMES OF INDIA

Front page

Panel may drop move to name Dinakaran to SC
Charges of land encroachment against the Chief Justice of Karnataka HC have been endorsed by an investigation ordered by the Supreme Court, dealing a serious blow to the prospect of his elevation to the apex court.

Goa murders: Accused admit to killing for money
The Goa police said the two men arrested by the Mumbai crime branch in connection with the serial murders that rocked the state admitted to killing for money.

Business

Investors lap up debt schemes
Retail investors and high networth individuals (HNIs) are developing a taste for fixed income schemes (or debt schemes from MFs), albeit with some advice from mutual fund distributors.

You may have to shell out more for electricity
Consumers may have to pay more for electricity as state-owned NTPC is set to hike the rates charged for supplying power to the distributors.

THE ECONOMIC TIMES

Front page

Sensex has great run in ‘09, but couldn’t match 1992 Bolt
The spectacular rise of the benchmark 30-stock index, Sensex, that has more than doubled in the last six months, has left investors gasping for breath but the index have seen through busier times.

RIL doles out Diwali incentives to staff
After rewarding its shareholders with a 1:1 bonus issue, Reliance Industries is offering performance-linked incentives to its employees this Diwali, though lower than last year’s.

THE BANGLADESH TODAY

Front page

Warlike situation on BD-Myanmar border
A warlike situation prevails on the Bangladesh-Myanmar frontier as Myanmar’s army was learnt to have prepared an eight-kilometre minefield and evacuated around 500 people from their bordering villages, apparently as disputes over ownership of a part of the Bay of Bengal heightened.

PM unhappy with performance of intelligence agencies
Prime Minister Sheikh Hasina on Sunday directed the country’s intelligence agencies to be more sincere and faster in collecting information about all sensitive sectors.

Business

Call for proper quality control of drugs to keep export market unharmed
Expert physicians, drug producers and government officials concerned at a roundtable here on Sunday said the Drug Administration has to be strengthened for proper quality control of drugs to keep the country’s export market unharmed.

Atiur laments poverty eradication initiatives of donors, foreign charities
Bangladesh Bank Governor Dr Atiur Rahman lamented the initiatives of the donor agencies and foreign private charities for eradicating poverty from Bangladesh.

DAILY MIRROR

Front page

Canada to screen suspected Sri Lankan asylum seekers
Dozens of people, suspected to be Sri Lankans, who were aboard a mystery ship that was seized off Canada’s West Coast and towed into Victoria over the weekend were loaded onto buses on Sunday and ferried to the Vancouver-area for further screening, the Canadian Press reported.

Deportation of Sr Lankans under review by Britain
A British court has called upon the authorities to consider accusations of human rights violations in Sri Lanka while reviewing deportation of failed asylum seekers after the UK Home Office informed the court that the country’s policy is under review after the end of the conflict.

Business

Rajaratnam surfaced in US terrorism probe
The hedge-fund billionaire charged as part of a vast insider-trading case surfaced in an earlier, separate probe into US fundraising by a Sri Lankan terrorist group, people familiar with the probe said.

UAE’s Etisalat to invest in Sri Lanka acquisition
Emirates Telecommunication Corp (Etisalat), which bought Millicom’s Sri Lankan mobile operations, said it planned investments in the firm in an effort to dominate the Asian country’s market.

DAWN

Front page

Troops make steady gains in South Waziristan
Security forces claimed on Sunday to have made steady gains in their assaults on militants’ strongholds in South Waziristan and army officials said they were surprised by low level of resistance.

Suicide blast hits Iran’s elite force, up to 42 killed
A suicide bomber killed seven commanders of Iran’s elite Revolutionary Guards and up to 42 other people on Sunday in an attack that President Mahmoud Ahmadinejad charged had been plotted from Pakistan.

Business

Security issues may hamper banking growth: SBP review
The State Bank of Pakistan said on Friday that economic slowdown and domestic security issues are likely to dampen growth of the banking system while loan risk is still higher, as is obvious from large accumulated bad debts.

Shortage of gas forecast for winter months
The government is neither planning to increase CNG price nor looking to close down its filling stations in the winter even though the country will face a daily gas shortage of more than 1.1bn cubic feet per day during the peak month of January, says a report.

By: Staff Reporter
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