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Updated on October 25, 2002 |
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clips are sponsored by the Indian American Center for Political Awareness (www.)
--- South Asian News, August 09 ---(International)
In a second attack against a Christian target in Pakistan, four killed, including three nurses, when unidentified attackers have hurled grenades at a missionary hospital near Islamabad; Pakistan Government condemns the attack. Meanwhile, in Indian Kashmir, fifteen people were wounded when suspected Islamic separatist militants threw a grenade at a crowded marketplace. In business news, a US Pakistan business council has been established to promote American investments in the country.
Africa
* Exiled Bhutto to fly home to contest October polls (Business Day)
Americas
* Three nurses killed in Pakistani hospital (Globe and Mail) (Canada.com) (Canada Broadcasting)
* 21 die in Kashmir as India points finger at nuclear rival Pakistan (The new Mexico)
Asia-Pacific
* Three nurses killed in attack on missionary hospital (Xinhuanet) (Bangkok Post) (Australian Broadcasting) (Daily Telegraph) (East Day) (People's Daily) (The Australian)
* Pakistan condemns attack on missionary hospital (Xinhuanet)
* Fifteen hurt in grenade attack in Indian Kashmir (Australian Broadcasting) (Xinhuanet)
* Special body planned to counter terrorism in Pakistan (Xinhuanet)
* Pakistan remains 4th top borrower of WB in 2001-02 (Xinhuanet)
* USAID to provide 100 mln dollars for Pakistan's education reforms (Xinhuanet)
* Pakistan earns $675 million profit in trade with Europe (Xinhuanet)
* S.Africa reveals arms sales to India, Pakistan, Rwanda (Bangkok Post)
* UNESCO to close down office in Nepal (Xinhuanet)
* Roundup: India ratifies Kyoto Protocol (Xinhuanet)
* At least 32 die in Nepal landslides (Australian Broadcasting) (Daily Telegraph) (East Day) (Japan Today) (The Age) (Xinhuanet)
* Kathmandu blast injures six (The Star)
* Indian drought the worst in 15 years (Australian Broadcasting)
Europe
* Four killed in Pakistan attack (BBC) (Swiss Info) (Reuters) (Independent) (Times Online) (Investor Interactive International) (Guardian) (Manchester Online)
* Fifteen Hurt in Grenade Attack in Indian Kashmir (Reuters)
* Commonwealth condemns Musharraf (BBC)
* India poll chief tours riot state (BBC)
* Maoists claim responsibility for blast (BBC)
* School boy murdered in Bangladesh (BBC)
Middle East
* Four killed in terrorist attack in Pakistan Christian hospital (IRNA)
* Americans kidnap Arabs in Pakistan for interrogation (Arab News)
* 21 die as violence flares in Kashmir (Gulf Daily News)
* Bangladesh files new graft charge against Hasina (Gulf News)
* Six hurt in Nepal blast (Gulf Daily News)
* Conducive environment for fair elections still not in place (Arab News)
* Pakistan will jail Shahbaz if he returns (Arab News)
* Poll chief tours riot-hit Gujarat (Gulf Daily News)
* Elections will fail, separatist tells envoys (Gulf Daily News)
* Sharif party denies 10-year exile pact (Gulf Daily News)
* Code of conduct for TV, radio coverage (Gulf News)
Editorial/Op-Ed
N/A
Business/Technology
* Pak, US business council set up (Arab News)
* Drought slows pace of Indian economy (Gulf Daily News)
* India will import gold (Neftegaz)
* India June Industrial Production Probably Rose 4.5%: BN Survey (Bloomberg)
* India May Harvest 16% Less Cotton in 2002-03, USDA Report Says (Bloomberg)
Africa
* Exiled Bhutto to fly home to contest October polls
Islamabad Exiled former premier Benazir Bhutto will fly to Pakistan late this month or early September to contest October elections which President Pervez Musharraf "is trying to rape". "I still plan to contest the elections and to do so I have to file my nomination papers in person, so I will come back in time," she said by phone from her home in London late on Tuesday.
http://www.bday.co.za/bday/content/direct/1,3523,,00.html
Americas
* Three nurses killed in Pakistani hospital
Islamabad -- Three nurses were killed in a grenade attack today on a missionary hospital, and one of the attackers also died, a hospital official said. The blast injured 20 people, many of them nurses, the official added. The incident came just days after six Pakistanis were killed when three gunmen attacked a Christian missionary school in Murree.
http://www.globeandmail.ca/servlet/ArticleNews/PEstory/TGAM/20020809/UREPOMSB/International/international/internationalAsiaHeadline_temp/4/4/5/
http://www.canada.com/news/story.asp?id={7ABC9461-8E6B-47DB-9AC8-5B10D979C71A}
http://www.cbc.ca/stories/2002/08/09/pakistan_attack020809
* 21 die in Kashmir as India points finger at nuclear rival Pakistan
Srinagar, India - Twenty-one people, including eight civilians, died in a surge of separatist-linked violence in Kashmir, as India complained Thursday that international pressure has not cracked Pakistani support for Muslim rebels in the troubled province. A Hindu family of four, including two children, was gunned down late Wednesday in the village of Patrada in the southern Rajouri district, a police spokesman said. Seven militants and two Indian soldiers were also killed in a fierce gun battle along the de facto Indian-Pakistani border in the west-central district of Poonch, officials said.
http://www.thenewsmexico.com/noticia.asp?id=32423
Asia-Pacific
* Three nurses killed in attack on missionary hospital
Four people, including three nurses from a Christian missionary hospital, have died in Pakistan in an apparent grenade attack, and up to 20 people have been wounded. "The nurses were coming out of the chapel when someone threw explosives," said Clement Bakhshi, an accounts officer at the hospital in Taxila, about 20 kilometres west of the capital, Islamabad. He said three of the nurses were killed and up to 20 people injured, most of them nurses. A police source in Taxila says one of the attackers had apparently blown himself up in a suicide attack.
http://news.xinhuanet.com/english/2002-08/09/content_518276.htm
http://matrix.bangkokpost.co.th/afp_news/090802/.zbip421t.html
http://abc.net.au/news/newsitems/s644636.htm
http://www.dailytelegraph.news.com.au/common/story_page/0,5936,4869009%255E401,00.html
http://english.eastday.com/epublish/gb/paper1/628/class000100003/hwz81083.htm
http://english.peopledaily.com.cn/200208/09/eng20020809_101218.shtml
http://theaustralian.news.com.au/common/story_page/0,5744,4869637%255E401,00.html
* Pakistan condemns attack on missionary hospital
Islamabad-- Pakistani Minister for Information and Media Development Nisar A Memon strongly condemnedthe dastardly attack on a Christian missionary hospital at Taxila Friday morning, which claimed three lives.
In a statement issued here, Memon termed the incident as an attempt by the enemies of the country to create unrest and instability and to drive a wedge between the Muslim and Christian communities of Pakistan. However, he said, "it is bound to end in fiasco as the people are mature enough to see through the conspiracy." Memon said, "This, however, would not weaken our resolve to combat and eradicate terrorism in all its forms and manifestations."
http://news.xinhuanet.com/english/2002-08/09/content_518502.htm
* Fifteen hurt in grenade attack in Indian Kashmir
Fifteen people were injured when suspected separatist guerrillas threw a grenade at a crowded marketplace in Indian Kashmir, police have said. "Militants lobbed a grenade at an army patrol in Bijbehara town. The grenade missed the target and exploded on the road, injuring 15 pedestrians," a police official told Reuters. No militant group has claimed responsibility for the attack in Bijbehara, 47 kilometres south of Srinagar, the summer capital of Jammu and Kashmir.
http://abc.net.au/news/newsitems/s643921.htm
http://news.xinhuanet.com/english/2002-08/09/content_517054.htm
* Special body planned to counter terrorism in Pakistan
Islamabad-- The government of Pakistan has decided to establish a Special Investigation Group (SIG) in the Federal Investigation Agency (FIA) to counter terrorism and sectarian violence. According to the Karachi-based daily paper Dawn Thursday, the SIG would initially comprise 50 personnel, including over 35 investigating agents, who would be drawn from the FIA, federal andprovincial police departments and the Intelligence Bureau. Quoting sources in the interior ministry, the paper said that all provinces would be given proper representation in the SIG for better liaison, adding the new role of the FIA was aimed at evolving a comprehensive counter-terrorism strategy at the federallevel.
http://news.xinhuanet.com/english/2002-08/08/content_516873.htm
* Pakistan remains 4th top borrower of WB in 2001-02
Islamabad-- Pakistan remains fourth top borrower of the World Bank (WB) in the fiscal year 2001-02 by getting a lending of 600 million US dollars. It is after Turkey, India and Brazil who secured loans of 3.55 Billion, 2.19 Billion and 1.37 billion dollars respectively. According to the latest web-based report of the WB, the lendingto the developing countries rose to 19.5 billion dollars in the fiscal year 2001-02 as compared with 17.3 billion in the previous year.
http://news.xinhuanet.com/english/2002-08/09/content_518519.htm
* USAID to provide 100 mln dollars for Pakistan's education reforms
Islamabad-- The US Agency for International Development (USAID) has pledged 100 million US dollars in assistance for Pakistan's education sector under an agreement signed in Islamabad on Friday. USAID red in Pakistan less than a month ago and this is the first agreement with the government of Pakistan. The USAID closed its offices in 1994 because of Washington's concerns over Pakistan's nuclear program. "This could only have been accomplished with strong cooperationand commitment from both governments. This is a most auspicious beginning for USAID's return," a statement by the US Information Center said.
http://news.xinhuanet.com/english/2002-08/09/content_518355.htm
* Pakistan earns $675 million profit in trade with Europe
Islamabad-- Pakistan has earned 675 million US dollar profit in bilateral trade with European countries in 11 months of the last fiscal year, according to the local press on Friday. In July 2001 to May 2002, Pakistan exported 2.256 billion dollars worth of goods to Europe and imported from there 1.581 billion dllars worth of various items. European Union countries are the leading trade partners of Pakistan. The EU countries and Pakistan trade about four billion dollars worth of goods a year. Officials were quoted as saying on Thursday that Pakistan's profit in bilateral trade with European countries would further increase because of suspension of duty on imports from Pakistan and 15 percent increase in textile quota from January 2002.
http://news.xinhuanet.com/english/2002-08/09/content_518242.htm
* S.Africa reveals arms sales to India, Pakistan, Rwanda
South Africa has sold arms to India, Pakistan, Rwanda and Zimbabwe in the past two years, according to a report released by the government which has prompted warnings that it is breaking its own rules on arms sales and putting peace initiatives at risk. The report shows that the local arms industry, the biggest in Africa, delivered "major sensitive significant" weapons -- which range from missiles to attack helicopters -- to nuclear-armed India and Pakistan in 2000 and 2001.
http://matrix.bangkokpost.co.th/afp_news/090802/.d74plvwx.html
* UNESCO to close down office in Nepal
Kathamandu-- The United Nations Educational Scientific and Cultural Organization (UNESCO) has decided to phaseout its office in Nepal by 2004, The Kathmandu Post reported Friday. "The UNESCO has recently decided that its office in Kathmandu will be completely terminated within one year and a half," the independent English daily quoted Keshav Raj Jha, Nepal's representative to the UNESCO, as saying. This follows the decision of the UNESCO headquarters in Paris to have its regional offices managing country affairs instead of having offices in different countries, Jha noted, adding that as aresult, the UNESCO regional office in New Delhi would be in charge of Nepal's affairs after its office in the Himalayan Kingdom is shut down.
http://news.xinhuanet.com/english/2002-08/09/content_518000.htm
* Roundup: India ratifies Kyoto Protocol
New Delhi -- With the Earth Summit coming in afortnight, India has sent the right signal by ratifying Kyoto Protocol, the roadmap to containing emissions of green house gases(GHG). Environmentalists in the country have welcomed the decision which was taken late on Tuesday night at an Indian Cabinet meeting. The Kyoto Protocol requires the developed countries to reduce their emissions to an average of 5.2 percent below the 1990 levelsby 2012. Countries which are a party to the United Nations Framework Convention on Climate Change (UNFCC) adopted the protocol in 1997. But the United States has failed to acknowledge the treaty because it fears it could clash with their economic growth.
http://news.xinhuanet.com/english/2002-08/09/content_517050.htm
* At least 32 die in Nepal landslides
More than 32 people were killed and 50 injured when landslides, triggered by heavy monsoon rains, swept away five villages in the eastern part of the Himalayan kingdom, authorities have said. "Two helicopters with rescue teams and food packages have been sent to the affected areas," Home Ministry official Lekhnath Pokharel said. He said he had no further details about the landslides that occurred late on Wednesday in the remote Taplejung district, 500 kilometres east of the capital, Kathmandu.
http://abc.net.au/news/newsitems/s643903.htm
http://www.dailytelegraph.news.com.au/common/story_page/0,5936,4865869%255E401,00.html
http://english.eastday.com/epublish/gb/paper1/628/class000100003/hwz81012.htm
http://www.japantoday.com/e/?content=news&cat=7&id=225930
http://www.theage.com.au/articles/2002/08/08/.html
http://news.xinhuanet.com/english/2002-08/08/content_516943.htm
* Kathmandu blast injures six
Kathmandu- A bomb blast at a business college wounded at least six people yesterday in the Nepali capital police said. Nepal's state-run radio said Maoist "terrorists" fighting to topple the constitutional monarchy were behind the blast at the college in a residential part of Kathmandu. "The explosion has caused extensive damage to the college building," a police officer said.
A wave of bombings in recent months has shaken Kathmandu, the capital of the poverty-stricken nation, whose government is battling an increasingly bloody Maoist rebellion aimed at setting up a one-party communist republic in the world's only Hindu kingdom.
http://www.thestar.com.my/news/story.asp?file=/2002/8/9/asia/nipsal&sec=asia
* Indian drought the worst in 15 years
The Indian Government says almost the entire country has been ravaged by drought, making it the worst dry spell in 15 years.Only the flooded northeastern province of Assam had not been affected, Agriculture Minister Ajit Singh told reporters. "Earlier, we said (there was) drought in 12 states," Singh said in the Indian capital, according to the Press Trust of India news agency.
"Now the drought is everywhere except Assam.
http://abc.net.au/news/newsitems/s643871.htm
Europe
* Four killed in Pakistan attack
Unidentified attackers have hurled grenades at a missionary hospital near Islamabad, killing three nurses. One of the suspected assailants was killed in the attack and about 20 people were injured. It is the second attack against a Christian target in Pakistan in less than a week. The incident happened on the grounds of the Christian hospital in Taxila, about 40 kilometres (25 miles) north-west of Islamabad.
http://news.bbc.co.uk/1/hi/world/south_asia/2182275.stm
http://www2.swissinfo.org/sen/Swissinfo.html?siteSect=143&eid=1264252
http://www.reuters.com/news_article.jhtml;jsessionid=HNKXKKTFYEWCGCRBAEKSFEY?type=search&StoryID=1310977
http://news.independent.co.uk/world/asia_china/story.jsp?story=322820
http://www.timesonline.co.uk/article/0,,1-378861,00.html
http://www.iii.co.uk/shares/?type=news&articleid=4441240&action=article
http://www.guardian.co.uk/worldlatest/story/0,1280,-1936039,00.html
http://www.manchesteronline.co.uk/news/international/stories/A4478514
* Fifteen hurt in grenade attack in Indian Kashmir
Srinagar, India -- Fifteen people were wounded on Thursday when suspected Islamic separatist militants threw a grenade at a crowded marketplace in Indian Kashmir, police said. Separatist violence in Kashmir, at the heart of a military stand-off between nuclear-armed India and Pakistan, has risen since India announced it will hold state elections in September and October.
http://www.reuters.com/news_article.jhtml?type=search&StoryID=1307649
* Commonwealth condemns Musharraf
August 08 -- Commonwealth Secretary-General Don McKinnon has attacked plans by Pakistani President Pervez Musharraf to change the constitution to give himself more power. General Musharraf's amendments would give the president the right to sack the prime minister, dissolve the national assembly and establish a national security council with army members on it.
http://news.bbc.co.uk/1/hi/world/south_asia/2181133.stm
* India poll chief tours riot state
India's independent Election Commission chief has begun a tour of the riot-affected state of Gujarat to determine if elections can be held there. The visit follows the resignation earlier this month of the state's Chief Minister, Narendra Modi, who has called for polls seven months ahead of schedule.
http://news.bbc.co.uk/1/hi/world/south_asia/2182552.stm
* Maoists claim responsibility for blast
August 08 -- A Maoist student organisation says it planted a bomb that injured six people earlier today Thursday at a business college in the Nepalese capital, Kathmandu. The All Nepal National Independent Students Union, faxed a statement to media organisations saying the blast was a protest against what it called the commercialisation of education.
http://news.bbc.co.uk/1/hi/world/south_asia/2180899.stm
* School boy murdered in Bangladesh
August 08 -- Police in Bangladesh say an eight-year old boy has been murdered after he was kidnapped from an affluent area in the capital, Dhaka, in a family feud over money. The boy Rubayet Ahmed Bappi was allegedly kidnapped by a relative earlier this week, and a ransom of $30,000 was demanded from his family.
http://news.bbc.co.uk/1/hi/world/south_asia/2181028.stm
Middle East
* Four killed in terrorist attack in Pakistan Christian hospital
Islamabad, Aug 9, IRNA - At least four people were killed and many others were injured in an apparent suicide bomb attack in a Christian hospital near the capital Islamabad on Friday, police said. There are conflicting reports about the nature of the blast in Taxila city, some 25 northwest kilometers from Islamabad. A police officer at the Taxila hospital said that three terrorists entered the hospital at 7:45 am local time and threw hand grenade on the Christian nurses, killing three of them. The police said one of the attackers also killed. No one has claimed responsibility for the attack. The police say they are investigating.
http://www.irna.com/en/world/.ewo.shtml
* Americans kidnap Arabs in Pakistan for interrogation
Kabul, 9 August - They came for Hussain Abdul Qadir on May 25. According to his wife, there were three US agents from the FBI and 25 men from the local Pakistani CID. The Palestinian family had lived in the Pakistani city of Peshawar for years and had even applied for naturalization. But this was not a friendly visit to their home in Hayatabad Street. "They broke our main gate and came into the house without any respect," Mrs. Abdul Qadir was to report later to the director of human rights at the Pakistani Ministry of Law and Justice in Islamabad. "...They blindfolded my husband and tied his hands behind his back. They searched everything in the house - they took our computer, mobile phone and even our landline phone. They took video and audio cassettes. They took all our important documents - our passports and other certificates and they took our money too."
http://www.arabnews.com/Article.asp?ID=17598
* 21 die as violence flares in Kashmir
Twenty-one people, including eight civilians and 11 Islamic militants, were killed in a surge of bloodletting in insurgency-wracked Indian Kashmir. A Hindu family of four, including two children, was gunned down in the village of Patrada in the southern Rajouri district, a police spokesman said. The attack occurred when the men in the family were away, a police officer in Jammu said.
http://www.gulf-daily-news.com/arc_Articles.asp?Article=29662&Sn=WORL&IssueID=25142
* Bangladesh files new graft charge against Hasina
Bangladesh filed a fresh corruption charge against former prime minister Sheikh Hasina, saying she plundered nearly $100 million in state funds by buying a frigate from South Korea while in office, officials said yesterday. Three former senior officials of the Bangladesh Navy, including its former chief, Rear Admiral M. Nurul Islam, and a businessman were also accused in the corruption case. The frigate built by South Korea's Daewoo Shipbuilding and Marine Engineering Co, after winning a bid in 1997, joined Bangladesh Navy in June last year as its fifth frigate.
http://www.gulf-news.com/Articles/News.asp?ArticleID=60116
* Six hurt in Nepal blast
At least six people were wounded when suspected Maoist rebels hurled a bomb at a business college in the Nepali capital yesterday, police said. The insurgents, fighting to replace the Himalayan kingdom's constitutional monarchy with one-party Communist rule, threw the bomb into the principal's room on the first floor but the principal was not inside.
http://www.gulf-daily-news.com/Articles.asp?Article=29653&Sn=WORL
* Conducive environment for fair elections still not in place
Karachi, 9 August - Barely two months before Oct. 10 elections, the rules of the game have not yet been put together and a ban remains onpolitical activities. Crucial decisions about constitutional amendments and the setting up of the controversial National Security Council have not been announced. But the political parties are completing, even if perfunctorily, the drill that has been prescribed by the government. And it is in this respect that the two major political parties of the former prime ministers have sprung up their tactical surprises. While the Nawaz Sharif faction of the Pakistan Muslim League (PML) has chosen younger brother Shahbaz as its head, the Pakistan People's Party (PPP) has added one more P to its name to create PPP Parliamentarians, headed by Makhdoom Amin Faheem. Both moves are dictated by laws that specifically deny the two former prime ministers any direct involvement in electoral politics.
http://www.arabnews.com/Article.asp?ID=17591
* Pakistan will jail Shahbaz if he returns
Islamabad, 9 August - Pakistani authorities yesterday threatened to imprison the brother of exiled former Premier Nawaz Sharif if he returned home even as the former chief minister of the populous Punjab province remained defiant. Aides said Shahbaz Sharif is determined to return home to lead his party into October elections. Shahbaz was elected president of the main Pakistan Muslim League (PML) last week after Nawaz Sharif bowed out of general elections to be held in October, which military ruler Pervez Musharraf has been accused of manipulating. Shahbaz was sent to Saudi Arabia with Nawaz Sharif and other members of the family in 2000. He and his brother face corruption charges in Pakistan.
http://www.arabnews.com/Article.asp?ID=17602
* Poll chief tours riot-hit Gujarat
India's independent election commission yesterday began a three-day tour of Gujarat to decide when the ruling Hindu nationalists can hold elections in a state convulsed by religious rioting, an official said. Gujarat Chief Minister Narendra Modi, whose government is accused of turning a blind eye when Hindu mobs rampaged against Muslims, dissolved the state assembly last month and called elections that were not due until early next year.
http://www.gulf-daily-news.com/arc_Articles.asp?Article=29652&Sn=WORL&IssueID=25142
* Elections will fail, separatist tells envoys
A top moderate separatist in Indian Kashmir told visiting European Union diplomats yesterday that elections to the state assembly starting next month would not help resolve the half-century dispute over the Himalayan territory. "I told them (the EU envoys) that elections India is holding in the state will in no way resolve the issue of Kashmir," Shabhir Shah said at the end of an hour-long meeting with the envoys.
http://www.gulf-daily-news.com/arc_Articles.asp?Article=29663&Sn=WORL&IssueID=25142
* Sharif party denies 10-year exile pact
The party of Pakistan's exiled deposed premier Nawaz Sharif yesterday denied government claims that his family signed an agreement to stay out of politics and remain in exile for 10 years. Top Pakistani officials have said the Sharif family, including Nawaz's younger brother Shahbaz, signed papers in December 2000 agreeing to avoid politics and remain in exile in Saudi Arabia for 10 years.
http://www.gulf-daily-news.com/arc_Articles.asp?Article=29648&Sn=WORL&IssueID=25142
* Code of conduct for TV, radio coverage
Pakistan's Election Commission yesterday announced a 13-point code of conduct for state-run television and radio for fair, balanced and unbiased coverage of political parties in the run-up to October 10 general election. The electronic media coverage will include excerpts from campaign speeches and manifestos of political parties as well as projection of their symbols, banners, flags and other campaign material. The results of opinion polls by non-political and professional organisations with a proven track record can also be covered, according to the code.
http://www.gulf-news.com/Articles/News.asp?ArticleID=60106
Editorial/Op-Ed
N/A
Business/Technology
* Pak, US business council set up
Islamabad, 9 August - A US, Pakistan business council has been established to promote American investments in the country. The council will be an affiliate of the US Chamber of Commerce. Herbert J. Davis, who is leading a US business delegation, and Finance Minister Shaukat Aziz made the announcement here yesterday. Davis will head the council. The establishment of the council would provide an institutionalized framework to businessmen of the two countries to foster closer relationships and create awareness about business opportunities in Pakistan.
http://www.arabnews.com/Article.asp?ID=17590
* Drought slows pace of Indian economy
Economists forecast the Indian economy would grow by 4.8 per cent in 2002/03, below the government's estimate of 5.5pc, as the country's worst drought in more than 15 years chokes a nascent recovery. A Reuters' survey of eight economists put the average forecast for growth for the year ending March 2003 at 4.8pc with the range from 4.6pc to 5.1pc. "We have cut our forecast due to the poor monsoon rains.
http://www.gulf-daily-news.com/Articles.asp?Article=29586&Sn=BUSI
* India will import gold
The public-sector Union Bank of India (UB) has plans to enter the business of importing gold and selling that in the Indian markets. UB's chairman and managing director V Leeladhar told reporters here Thursday that after entering the business of marketing insurance policies, the bank planned to start selling imported gold, in the Mumbai market to begin with. The bank recently signed an MoU with Housing Development Finance Corporation (HDFC) to sell the latter's insurance policies. It also signed an MoU with public sector New India Assurance company for selling non-life insurance policies. Referring to the bank's first public issue of shares, Leeladhar said 180 million equity shares would be issued to raise Rs 2.88 billion.
http://www.neftegaz.ru/english/lenta/show.php?id=26327
* India june industrial production probably rose 4.5%: BN survey
New Delhi, August 09 -- Indian industrial production probably accelerated in June as the winter crop harvest boosted farm incomes and spurred demand for motorcycles and other goods. Production probably rose 4.5 percent from a year earlier, compared with a 3.8 percent gain in May, according to the median forecast of five economists polled by Bloomberg News. The government will release the report on Monday.
http://quote.bloomberg.com/fgcgi.cgi?mnu=news&ptitle=South%20Asia%20News&tp=topfinancial&T=as_storypage99.ht&s=APVLk4RWlSW5kaWEg
* India may harvest 16% less cotton in 2002-03, USDA report says
New Delhi, August 09 -- India, the third-biggest cotton producer, may harvest 16 percent less of the fiber in the year ending July 2003 because of drought, the U.S. Department of Agriculture Department said. India is forecast to produce 13.2 million bales, or 2.24 million metric tons, of cotton in 2002-2003, down from 15.8 million bales a year earlier, the department's Foreign Agricultural Service said. The latest 2002-2003 estimate is 15 percent less than the department's forecast a month ago.
http://quote.bloomberg.com/fgcgi.cgi?mnu=news&ptitle=South%20Asia%20News&tp=topfinancial&T=as_storypage99.ht&s=APVM9qRNjSW5kaWEg
================================================================================================
--- South Asian News, August 09, 2002 ---(International)
The Indian American Center for Political Awareness (IACPA) is a national non-profit organization committed to the political empowerment of the Indian American community. For additional information on IACPA, please visit www..
These links are provided for informational purposes only and no representation is made for the accuracy of information posted on other people's websites. String Information Services (www.stringinfo.com , contact: Prashant Kothari at ppkothari), a provider of secondary research, data harvesting and data conversion services prepares these links and the KS group manages, edits and distributes the list. E-mail Kapil Sharma at information if you have any questions.
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