In Monday's South Asia papers

02 November 2009 05:00  [Source: ICIS news]

THE TIMES OF INDIA

Front page

7 of 8 Northeast states lag behind average India income
The Northeast is on a downward spiral and policymakers seem to be groping in the dark.

Death came without warning for YSR in helicopter crash
The transcripts of the cockpit voice recorder show there was no panic inside the chopper in its final moments.

Business

Banking funds losing sheen
Banking MFs have lost between 7.7% and 9.6% in the past few days. While the sensex lost 5.9% in the post-Diwali market decline (till October 28), the BSE bankex has shed 9.9%.

NHAI to clear few reshaped projects
In its latest attempt to fast-track clearance of the restructured highway projects, the National Highway Authority of India (NHAI) board in its meeting on Wednesday approved that all projects where the value change after restructuring was below 20% of the total project cost (TPC) would be cleared by the board.

THE ECONOMIC TIMES

Front page

Investors look for big winners of next upturn
Investors are casting around for the next set of growth stocks to propel the market once current bout of correction runs its course.

DLF to build houses costing under Rs 20 lakh each
DLF plans to kick start the ambitious ‘value’ project from Gurgaon within the next two months.

THE BANGLADESH TODAY

Front page

Death toll in Tongi factory violence rises to three
The death toll in the Saturday’s Tongi factory violence rose to three as another worker succumbed to his injuries on Sunday evening.

PM for united int’l stand to address climate change
The visiting delegation of the European Commission on Sunday said Prime Minister Sheikh Hasina with her timely and effective speech in the recent international conferences has brought herself and Bangladesh at the forefront of the global leadership regarding facing the climate change challenges.

Business

Govt considers Khulna-Chennai as second submarine cable route
The post and telecommunications ministry has selected the route for second submarine cable from Mongla, Khulna, to Chennai in India.

DSE index nears 3400 mark
The benchmark price index of Dhaka Stock Exchange (DSE) today neared 3400-mark, reaching at all-time high of 3392.02.

DAILY MIRROR

Front page

Sri Lankan judges denied transit visas via Australia
Sri Lankan judges and magistrates who are expected to arrive in the country today were denied transit visas through Australia.

Several feared dead as suspected asylum boat sinks off Australia
More than 20 people were feared dead on Monday after a boat carrying about 40 sank in rough seas far off northwest Australia.

Business

No new updates

DAWN

Front page

Two killed, four injured in Khyber attacks
Militants targeted a house with a mortar shell killing two people in Khyber agency’s Landi Kotal tehsil on Sunday.

Pakistan asks US to consult it on new strategy
Pakistan has asked the United States to take it into confidence about a new strategy on Afghanistan, saying that its expertise and coordination are vital to success.

Business

World Bank advises govt to bypass parliament
The World Bank has advised the government to bypass the parliament and implement taxation reforms through a presidential ordinance, according to a report submitted to the Federal Board of Revenue.

Talks with IMF on $360m SBA commence today
A delegation of the country’s finance managers has left for Dubai to attend the first quarterly review meeting of the International Monetary Fund (IMF) which begins on Monday.

BUSINESS RECORDER

Front page

17th National Assembly session today
The 17th session of National Assembly will commence here on Monday and a heated debate is expected on the controversial National Reconciliation Ordinance (NRO), which has already been approved by National Assembly’s Standing Committee on Law and Justice.

Oil higher in Asian trade but investors cautious
Oil was slightly higher in Asian trade on Monday but investors remained cautious over the outlook for energy demand as worries remain over the strength of the US economic recovery, analysts said.

Business

Ministries at loggerheads over revised GPA bill
Ministries of Defence and Ports and Shipping have locked horns over the revised Gwadar Port Authority (GPA) Bill as the former wants incorporation of a clause in the Bill which will allow armed forces to take control of the port from the operator in case of any emergency or war, well-informed sources told Business Recorder.

Trade team to visit US on 18 November
Pakistan plans to send an official delegation to the United States around mid-November to attract investment in a bid to revive its economy following a series of militant attacks, a senior official said on Sunday.

By: Staff Reporter
+44 20 8652 3214

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