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On the margins of recovery
Corporate profit margins have recovered handsomely but are likely to come under pressure in the face of both higher salary as well as increased raw material costs.

National news for the week Jan 2- Jan 8, 2010
Saturday

News of the day

US court denies bail to Rana; says he could flee
Pakistan-born Canadian Tahawwur Rana, accused of plotting terror attacks in India and Denmark, was today denied bail by a US court, which said if released he may flee the country to avoid a possible 30-year jail term.
Public Relations

Pak claims India backing insurgency in Balochistan

Pakistan has alleged that India"s RAW is backing insurgency in its southwestern Balochistan province and said it is probing the matter. - Americans blame UK for rise of Islamic extremism: report - Engaging Pakistan - Political will needed for increasing Indo-Pak trade: Kaur - Pak assures seriousness in 26/11 probe - UN to cut staff by 40% in Pak on security concerns - Pak must cooperate with US to wipe out Al-Qaeda: Obama "We are investigating the role of the Indian intelligence agency in creating unrest in Balochistan as its involvement cannot be ruled out," Interior Minister Rehman told the media in the port city of Gwadar yesterday. Several Pakistani leaders have accused India of fomenting unrest in Balochistan and the tribal areas bordering Afghanistan, but the government has not provided any evidence to substantiate these claims. India has dismissed Pakistan"s charges. Malik claimed India is supporting insurgency in Balochistan and trying to turn the Baloch people against their own country. The government will frustrate all such plans by paying full attention to the problems of Balochistan, he said. He described Baloch Republican Party chief Brahamdagh Bugti, a nationalist leader currently living outside Pakistan, as his "younger brother" and said efforts are being made for reconciliation with him. The government wants reconciliation with all dissident Baloch leaders, he said. "We will try to convince all disillusioned forces in Balochistan. Justice will be done with everyone affected in the past. All reservations of the Baloch people will be addressed through democratic means," Malik said.


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