In Thursday's South Asia papers

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

THE TIMES OF INDIA

Front page

Centre curbs Dalai Lama, tells media to leave Tawang
State officials on Wednesday asked the Tibetan leader to amend his programme and ordered reporters covering his trip to leave Tawang.

Koda man put Rs640cr, all in cash, in Mumbai bank
At least Rs640 crore was deposited in cash by one of the alleged front companies of the former Jharkhand CM in a state-owned bank in Mumbai.

Business

AI scraps performance incentives
Air India on Wednesday decided to drastically cut the salaries of its top management — functional and executive directors.

Ethanol-laced petrol plan hits roadblock
The Cabinet is to revisit on Thursday the proposal to introduce 10% ethanol – petrol doped with alcohol – but is unlikely to make it mandatory immediately owing to shortage of adequate supplies of SDS (special denatured spirit), a byproduct of sugar industry, and pricing issues.

THE ECONOMIC TIMES

Front page

‘Exit strategies will make markets choppier’
Jim O’Neill of Goldman Sachs says revival resembles ‘thunderbolt’ image that Usain Bolt uses as his victory sign.

‘Yahoo wants to be part of Nilekani’s UID project’
Yahoo CEO Carol Bartz spoke exclusively to ET on intenet search, India plans and UID project.

THE BANGLADESH TODAY

Front page

Seventh national pay scale announced
The top boss in government service will now draw Tk40,000 as fixed take-home salary while lowest-ranked employee get the basic pay of Tk4,100 under a new national pay scale announced on Wednesday.

Two more Bangladeshis gunned down by BSF
The killing spree of Indian Border Security Force (BSF) on Bangladesh border continues unabated despite India’s repeated pledges to stop such killings.

Business

TCB looks for 3,000 tons sugar from refineries before Eid
The Trading Corporation of Bangladesh (TCB) looks for 3,000 tons of sugar before Eid-ul-Azha to give people some sort of relief from the soaring prices of this one of the essential items.

Asia’s urban poor worst-hit by food price volatility
Asia’s urban poor are worst-hit by spiking food prices, according to a report released on Tuesday by a regional think tank which tipped rising volatility in commodity prices.

DAILY MIRROR

Front page

Tamil Nadu cabinet to discuss Lankan refugees today
Tamil Nadu Chief Minister M Karunanidhi has convened a cabinet meeting today to discuss the reports submitted by ministers and District Collectors on the condition of over one lakh Sri Lankan Tamil refugees staying in the state.

Kohona says no push factor only pull factors from Australia
Sri Lankan Ambassador to the UN Palitha Kohona says there were no push factors forcing boatpeople to leave Sri Lanka, only pull factors from Australia.

Business

Govt hires graduates for development
Against the backdrop of unemployed graduate protests and impending elections, the Government yesterday announced the recruitment of 17,000 graduates, which could result in a significant increase of public expenditure.

AATSL Inc in limbo
The incorporationof AATSL producing middle level accountants is likely to be put on hold in the event Parliament is dissolved in the near future, according to Trade and Consumer Affairs Minister Bandula Gunawardena.

DAWN

Front page

Gilgit-Baltistan on high as voters go to polls today
The people of Gilgit-Baltistan will go to the polls on Thursday to elect a new legislative assembly that will enjoy more powers under political reforms introduced by the government recently to accord the region more autonomy.

NA body unanimously passes Competition Bill
The National Assembly’s Standing Committee on Finance unanimously approved on Wednesday the Competition Bill 2009, validating all actions and decisions taken by the Competition Commission of Pakistan (CCP) since the promulgation of the Competition Ordinance.

Business

FPCCI rejects two weekly holidays
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has unanimously rejected the idea of two holidays in a week in its meeting held at the Federation House on Wednesday.

MOL begins supply from Manzalai field
MOL Pakistan, the operator of the Tal block in NWFP, on Wednesday announced that it had started supply of 250m cubic feet per day (mmcfd) gas and 4,280 bbl crude oil per day from the Manzalai field.

BUSINESS RECORDER

Front page

Polling begins for historic election in GB
Polling on Thursday has begun for Gilgit Baltistan (GB) Legislative Assembly elections, Aaj News reported.

Seven militants killed during last 24 hours: ISPR
At least seven terrorists were killed while two soldiers including an officer were injured in South Waziristan operation Rah-e-Nijat during last 24 hours, an ISPR press release said on Wednesday.

Business

NFC award to be finalised this year: Shazia Marri
The Sindh Minister for Information Shazia Marri has said that NFC award would be finalised this year and subsequently it will remove misunderstandings among provinces, strengthen the country and open new avenues for prosperity of the people.

NGOs press US government on aid package
The $1.5bn a year US aid package proposed for Pakistan has raised hackles among many US aid groups who worry that channeling big amounts of money through the country’s fragile government will backfire.

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