In Monday's South Asia papers
04 August 2008 05:30 [Source: ICIS news]
THE TIMES OF INDIA
Front Page
Jammu still tense; protests spread to Srinagar
Curfew has been extended by another day in Jammu and adjoining areas as the unrest over the Amarnath land transfer row spread to Srinagar.
Vijay Singh holds nerve to triumph at Firestone
Vijay Singh gave himself an ideal warmup for next week's PGA Championship, overcoming an erratic display with his putter to win the WGC-Bridgestone Invitational by one shot at Firestone Country Club on Sunday.
Business
Fare hikes not enough, says Jet
If you feel air fares have hit the roof, think again. Jet Airways, the country's largest private airline, has made it clear that the recent five to six hikes have still not brought the industry closer to the break even point.
ONGC gets shipping relief on $8bn offshore investment plan
The shipping ministry has granted relief to state-owned Oil and Natural Gas Corporation on the issue of the age of vessels it hires, saving the flagship explorer's $8bn investments planned to bring new offshore fields in the west and east coasts into production during the 11th five-year plan.
THE ECONOMIC TIMES
Front Page Stocks open flat amid weak global cues
National Stock Exchange’s benchmark Nifty on Monday opened at 4426.10, down 12 points or 0.28% from Friday’s close.
Bulls may go slow as market still faces headwinds
Skepticism prevails despite the latest round of upswing in stock prices last week.
Business
Indian galleries open up to global artists
The works of overseas artists are increasingly being shown in Indian galleries.
Cashing in on MFs without spending
Many companies have perfected the art of making a fast buck from mutual funds (MFs) without investing a penny.
THE BANGLADESH TODAY
No news update
DAILY MIRROR
Front Page
SAARC for joint action against Terrorism
At the closing of the 15th SAARC Summit, regional leaders today called for joint action against all forms of terrorism and also agreed to implement a regional trade pact.
US supports crackdown on LTTE
Visiting top US State Department official Richard Boucher says US will support crackdown on LTTE in Sri Lanka. He said Sri Lanka must also address human rights issues as well.
Business
Solutions for small and medium industrialists
New credit schemes for rural, small and medium scale industrialists has been introduced ½th the assistance of Asian Development Bank. Industrialists in the country excluding Western Province will be given loan facilities up to Rs20m at the interest rate of 18.58% in accordance with the necessity of the industry.
Mobitel launches the Registration System
Sri Lanka Telecom Mobitel- the National Mobile Services Provider has announced its Registration / Re-Registration scheme of its subscribers.
DAWN
Front Page Saarc accord to curb terror, fight hunger
South Asian leaders signed a legal cooperation pact on Sunday to combat terrorism and agreed to set up a food bank to fight hunger in the face of rising food prices in one of the world’s poorest regions.
Flood havoc in Rajanpur; 7 killed, 100,000 displaced
Six people are reported to have died and two children are missing after hill torrents caused by widespread rain flooded Rajanpur area. Dozens of villages have been submerged and over 100,000 people have been displaced.
Business
A muted response to economic challenges
The central bank’s monetary policy for the first half of FY 08-09 is a muted response to the challenges the economy confronts.
Modified oil pricing: too little too late
AT the current levels, the recent oil “pricing rationalisation” will provide an estimated annual saving of Rs20-22 billion to the government. However, this window dressing would not benefit the inflation-hit consumers but help marginally contain the rising fiscal deficit.
BUSINESS RECORDER
Front Page
Musharraf offers to call roundtable conference
President Pervez Musharraf has offered to call roundtable conference of all political parties to steer the country out of the present critical situation and said that he did not have any problem in meeting with any one.
Bomb kills eight policemen in Swat
At least eight policemen were killed on Saturday when a remote-controlled bomb exploded near their vehicle in Swat.
Business
South Asia signs deals to fight hunger and terror
South Asian leaders signed a legal cooperation pact on Sunday aimed at combating terrorism, and agreed to set up a food bank to fight hunger in the face of rising food prices in one of the world's poorest regions.
Economy on downslide: President
President Pervez Musharraf said on Sunday that the new elected government was striving to resolve the challenges confronting the country and he wants from the government to successfully complete its five-year tenure.
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Author: Staff Reporter+44 20 8652 3214
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