In Tuesday's South Asia papers

05 January 2010 05:00  [Source: ICIS news]


Front page

All parties to meet today on Telangana
Ahead of the meeting to be chaired by P Chidambaram on Tuesday, all the Telangana protagonists stuck to their guns while both Congress and TDP continued catering to the rival sentiments simultaneously.

Three days on, still no abetment FIR against Rathore
Three days after Ruchika's brother filed complaint with the cops for abetment of suicide against SPS Rathore, the Haryana government is yet to register an FIR, despite P Chidambaram saying that action would be taken once the Girhotras filed their complaint.


Investors to gain, says India Inc
Even as brokers are fuming at stock market trading being brought forward by an hour, most of the corporate CEOs TOI spoke to feel the move would benefit the investor at large, which would in turn augur well for the markets.

'2010 will be the toughest year for Maruti Suzuki'
Almost 30 years on, Nakanishi is the managing director of Maruti Suzuki, and the company alone sells almost 75,000 cars every month. No boost for shares' value.


Front page

Banks dominate dividend yield stock pack
After sharp rise in stock prices last year, most investors are expected to adopt selective approach while investing.

TCS, Infy, Wipro losing contracts to emerging rivals
Emerging nearshore rivals are becoming attractive for top outsourcing customers seeking to work with local, specialised vendors.


Front page

President calls for stopping politics of confrontation
President Zillur Rahman on Monday called for stopping the politics of confrontation and expressed his firm hope that the opposition would join the Parliament to fulfil the aspirations of people and help advance the parliamentary democracy in the country.

Bismillah’ to stay, but religion-based political parties to be outlawed: Shafique
The religion-based political parties functioning in the country stands to be outlawed as the apex court vacated the stay on operation of the High Court ruling invalidating the fifth amendment of the Constitution.


BD overseas jobs dip by 50%
The number of workers leaving Bangladesh to find jobs overseas nearly halved in 2009 as the global slowdown hit employment prospects in the Middle East and Asia, officials said on Monday.

Dhaka-Delhi free trade deal takes shape
Bangladesh and India are planning to sign a free trade agreement as early as 2011.


Front page

Indonesian police arrest 11 illegal immigrants from Sri Lanka
Police in Bintan the Sumatran Kepulauan Riau province of Indonesia, arrested 11 illegal immigrants from Sri Lanka today. The head of the Bintan resort police said they were caught hiding on the edge of Nirwana Garden Coastal Resort this morning.

At least 700 students return to school in Killinochchi
Around 700 students have returned to school in the Kilinochchi district as five schools in the area re-opened for academic activities today, for the first time after the end of the war, Northern Province Governor G A Chandrasiri told Daily Mirror online.


2009 was the most critical year for SL – Cabraal
The Central Bank presenting its roadmap outlining monetary and financial sector policies for 2010 and beyond said yesterday that 2009 was the most critical and difficult for Sri Lanka but that the country’s economy recovered steadily from the massive global shock.

CB revises interest rates paid by finance companies
The Monetary Board of the Central Bank of Sri Lanka has revised the ceilings on interest rates that may be paid by registered finance companies (RFCs) on deposits with them.


Front page

President breaks ‘siege’, takes on opponents
Mr Zardari, in a move to dispel the impression of being a beleaguered head of state, has stepped up his public engagements.

Nawaz says Baloch jirga to settle PPP-PML-N row
The party will accept whatever verdict the jirga gives according to Baloch traditions and on the basis of justice: PML-N chief.


KSE 100-Index gains 51 points on fresh buying
Hectic buying pushed up prices at the Karachi Stock Exchange as the benchmark index closed at 9437.85 points

Committee set up to settle traders’ claims
The committee will scrutinise the assertions of the traders whose shops were gutted in the Ashura day arson.


Front page

Clinton warns about Yemen as US updates terror-watch lists
US Secretary of State Hillary Clinton Monday said unrest in Yemen threatens global instability, after western powers closed their embassy in Sanaa and Washington overhauled its terror watch and 'no-fly' blacklists.

Government mulling allowing 0.5m tons of duty-free sugar import
The government is considering to allow key private sector companies duty-free import of 0.5m tons sugar, with the condition to complete the process by 31 March 2010.


Row over implementation, sponsorship: SBoI replaced by district government in KSEZ
The Sindh government has replaced the Sindh Board of Investment (SBoI) with the district government to ensure proper implementation of the Khairpur Special Economic Zone (KSEZ).

Work on development programmes resumed: Kakar
Federal Minister for Housing and Works Rehmatullah Kakar on Monday said that the federal government has started work on various development projects that were halted by the previous government.

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