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Musharraf's formula on Kashmir very loose: Bhim Singh

New Delhi, Dec 27: Describing Gen. Pervez Musharraf's four-point proposals on Kashmir as ''very loose,'' National Panthers Party Chief Bhim Singh today asked the Pakistan President to specify whether he included the Gilgit-Baltistan region also when he spoke about the so-called ''Azad Kashmir.'' ''The proposals given by the Pakistan President are very loose which have not been specified. What about the civil and political liberties in the Gilgit-Baltistan region ?,'' he said at a press conference.

Also, Gen Musharraf should make it clear whether the formula of de-militarisation and human rights violation is applicable to Gilgit which had been ''taken over'' by the Pakistani Army and where nearly 3000 people had been put in jail, Mr Bhim Singh said.

Referring to Islamabad's statement that Pakistan had never claimed any part of Jammu and Kashmir, Mr Bhim Singh said Gen Musharraf should prove it by vacating the Pakistan Occupied Kashmir (POK).

About the 'out-of-box' solution on Kashmir, Mr Bhim Singh said the Ruler of Kashmir was the only competent authority to decide the merger as per the India's Independence Act of the British Parliament and he had done it by acceeding to the Union of India. He said one more clause should be added to the 'out-of-box' solution to remove uncertainty over ''Azad Kashmir'' and Gilgit.

UNI

Wockhardt launches Indian injections in the US

Mumbai, Dec 27: Wockhardt USA Inc., Wockhardt's US subsidiary, today announced that they have launched the Ondansetron injection, which is manufactured in India and is used for controlling nausea and vomiting following cancer chemotherapy, in the United States, the first working day after the patent for the product expired on December 24. ''This is Wockhardt's eighth product approval from US Food and Drug Administration (FDA) this year and the third injection product in the US market. We now market 15.....

Sugar prices rise due to increase in fresh demand

Mumbai, Dec 27 (UNI) Sugar prices today rose due to increase in fresh demand, traders at the Bombay Sugar Merchants' Association said. Sugar in the medium grade rose by Rs 5 per quintal on accont of lesser stock supply. On the other hand, ex-mill sugar small grade and medium grade hiked by Rs 10 each due to heavy demand from retailers. Following are the spot wholesale rates per quintal: Small grade: Rs 1,560/1,610, Medium grade:.....

Indian economy not overheated, say CEOs

New Delhi, Dec 27: Seventy-four per cent of the country's top CEOs and CMDs believe that the growing Indian economy is not overheated and has the capacity to absorb eight to nine per cent growth for a long period, provided the supply side is managed well and domestic saving encouraged.The Assocham Business Barometer (ABB) did a quick Survey of 280 CEOs and CMDs from different segments of the industry and financial market and posed them a straight question: Is the.....
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