India-focused realty cos miss AIM as mkt falls The Times Of India | MUMBAI: A slowdown in the Indian real estate market has cast a shadow on the property funds listed on London’s Alternative Investment Market (AIM). All the five India-focused property funds floated by local developers have been underpe...
Imports of US wheat under PL-480 Dawn | By Ashfak Bokhari | Pakistan is seeking 500,000 tonnes of wheat from the United States under PL-480 – a controversial US food assistance programme – to tackle the food crisis. The request for ‘concessional’ deal/gr ant is being made at a time when Pakistan has managed to cover the 2.5 million tonn...
Indian's credit card swiped for Rs99,500 – in Pakistan Bahrain Tribune DUBAI | The Dubai Police have arrested two persons allegedly linked with an international gang of credit card fraudsters, Khaleej Times reports. | The arrests from a hotel in Deira follow a complaint by an Indian whose card was allegedly skimmed in D...
Global food crisis to hit govt finances of India, Pak: Report The Times Of India | NEW DELHI: The soaring global food prices will adversely impact government finances in countries like India and Pakistan and may result in bloating of their deficits by over five per cent...
Asian stocks close mostly down as India, China plunge Dawn | HONG KONG, July 1: Asian stocks closed mostly down on Tuesday, with China and India tumbling, as soaring oil prices and a huge rise in iron ore costs stoked fears about the economic damage from surging inflation. | The Indian market plunged over 3....
In same boat, India & Pak can learn much from each other The Times Of India | Salman Faruqui is Pakistan’s Montek! It was but natural, therefore, that the meet hosted by FICCI in the Capital last week saw a packed audience hang on to every word he had to s...
PIB
Oil surge: India advocates price band The Times Of India | 22 Jun 2008, 1501 hrs IST,PTI JEDDAH: India on Sunday advocated for a price band for crude oil and blamed the speculators for the...
Indians fear repeat of 1990s as inflation soars Turkish Press | An Indian fish trader packs fish at a market in Siliguri on June 21. With inflation at a 13-year high in India many are fearful of a repeat of price rises last seen in the mid 19...
India becomes most-favoured investment destination for Japan The Times Of India | | The Ranbaxy-Daiichi deal attracted a lot of interest, which was only to be expected, since it was the largest Japanese acquisition in India till date. But the Japanese business associat...
India Inc may go slow on expansion as costs set to rise The Times Of India | MUMBAI: With cost of funds set to hit double digits, corporates are taking a relook at their investment plans. There has been no fresh pipeline of investment demand from corporates for th...
Global Banks Target Indian Investors Business Week | The Indian economy is getting hammered. Since January, the rupee has weakened 9%. The stock market (BusinessWeek.com, 1/22/08) has shrunk 32% and is currently hovering at its lowest level since June of last year. Inflation, at 11%, is at a 13-year ...
South Asians face fuel price rise BBC News | Bangladesh and Pakistan have both sharply raised fuel prices again as the cost of crude oil continues to soar. | Diesel and kerosene are up by 37.5% a litre in Bangladesh, while the price of a cylinder of cooking gas is up by 66%. | In Pakistan, natural gas prices rose by up to 31% on Monday, a day after petrol and diesel prices went up by 10%. |...
Maybank eyes Pakistan family takaful business The Star | KUALA LUMPUR: Malayan Banking Bhd intends to venture into the family takaful business in Pakistan. | The bank said Wednesday it had received Bank Negara Malaysia's approval to set up or acquire a subsidiary as a special purpose vehicle to acquire 30% of the Pak-Kuwait Family Takaful Co Ltd. | "Through the acquisition, Maybank intends to venture i...
