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Sugar prices remain steady on moderate demand

Navi Mumbai, Dec 28 (UNI) Wholesale spot sugar prices today remained steady at Rs 1,475 per quintal on moderate demand by bulk consumers and sweet makers in the face of sufficient stocks, traders at the Bombay Sugar Merchants' Association said.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,331/1,396, Medium grade: Rs 1,390/1,475.

Ex-mill Small grade: Rs 1,325/1,355 and Medium grade: Rs 1,375/1,450.

UNI

Credit ratings on Pak can be lowered: Standard and Poor

Singapore, Dec 28 (UNI) Standard&Poor's Ratings Services today said the sovereign credit ratings on Pakistan can be lowered, if the assassination of Benazir Bhutto precipitates heightened levels of violence and political turmoil. It has currently rated Pakistan's foreign currency B+/Negative/B; and local currency BB/Negative/B. The death of former prime minister Bhutto, one of the main political contenders in the upcoming general elections, is a significant blow to Pakistan's transition to democratic rule, and leaves a considerable political vacuum in Pakistani politics,.....

Nepali Congress to open office in New Delhi

Kathmandu, Dec 28 (UNI) The oldest and biggest democratic party of the Himalayan nation, Nepali Congress has decided to establish a permanent party liaison office in New Delhi to further consolidate its relations with India, media reports said here today. "It is necessary to develop a center or office of the Nepali Congress in New Delhi," Kantipur quoted vice president of the party and Minister for Peace and Reconstruction Ram Chandra Poudel as saying. Mr Poudel was in New Delhi recently.....

World under terror seige besides Pakistan: Putin

Moscow, Dec 28 (UNI) Expressing solidarity with the people of Pakistan over the killing of former Pakistan Prime Minister Benazir Bhutto, Russian President Vladimir Putin said he hoped those responsible for the assassination will be found and punished. ''Forces of terrorism are throwing down a challenge not only to Pakistan, but to the entire international community,'' Mr Putin said in a telegram sent to Pakistan President Pervez Musharraf. ''We hope that the organisers of this crime will be found and.....
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