DINA for the issue of May 23rd , 2014

May 23, 2014 | Rajab 23, 1435
The DAWN Internet News Alert (DINA) is a free daily news service from Pakistan’s largest English language newspaper, the Daily DAWN.

$1.6bn Lahore metro train deal signed with China

By Our Staff Reporter

LAHORE: Pakistan and China signed on Thursday a $1.6 billion agreement for a metro train project in Punjab, the first of its kind in the country. Financed by China, the Orange Line Metro Train Project will be completed within three years and Chinese companies will design, construct and monitor the project. The Punjab government will provide all facilities for speedy completion of the project.
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Karachi Stocks down 18.57 Points:
KARACHI, May 22: At the close of trading, the KSE-100 index was 28741.55, down 18.57 points.
Forex Update :
KARACHI, May 22: The Pakistani Rupee was traded at 99.95 to the US Dollar in the open market.

FO favours Sharif’s visit to India

By Baqir Sajjad Syed

ISLAMABAD: The Foreign Office has recommended to Prime Minister Nawaz Sha­rif to accept the Indian invitation to attend the oath-taking ceremony of premier-elect Narendra Modi on May 26.

The government is, however, yet to take a final decision on the invitation received on Wednesday.

PM hands out 3G, 4G licences

By Jamal Shahid

ISLAMABAD: Prime Minister Nawaz Sharif on Thursday handed out licences for next generation 3G and 4G services to the four cellular companies that had bid on them.

The necessary paperwork was concluded and the licences were handed over at a ceremony held at the Serena Hotel amid hopes that the technology would open new avenues of socio-economic development in the country.

Troops step up pressure on militants in N. Waziristan

By Pazir Gul

MIRAMSHAH: Security forces on Thursday began a cordon and search operation in an area considered to be a stronghold of foreign militants near North Waziristan’s regional headquarters of Miramshah and officials said the troops did not face any resistance.

According to security officials, troops moved early in the morning into Machis Camp and the adjoining Khurwani, half a kilometre to the east of Miramshah bazaar – a roughly two square kilometre area dominated by foreign militants, mainly from Uzbekistan.

SC judge brushes aside allegations of ‘bias’ in Geo case

By Nasir Iqbal

ISLAMABAD: A Supreme Court judge dismissed on Thursday objections raised by a TV show host regarding his fitness to hear a petition filed by Geo TV.

“I don’t find any reasons whatsoever not to sit on the bench,” Justice Jawwad S. Khawaja concluded after dictating a longish order justifying why he should continue hearing a case where Geo TV, through their counsel Akram Sheikh, asked the court to intervene and stop a ‘hate campaign’ which has been launched against it.

Pakistan-India engagement positive: US

Anwar Iqbal

WASHINGTON: Increas­ed engagement between India and Pakistan is a positive step, says the US State Department while welcoming India’s prime minister-elect Narendra Modi’s invitation to the Pakistani premier to attend his inauguration.

“Broadly speaking, we welcome increased engagement between India and Pakistan and their leaders … and India’s engagement with its neighbours leading up to the inauguration,” said State Department Spokesperson Jen Psaki when asked to comment on Mr Modi’s gesture.

Sharif keeps India guessing on visit

Jawed Naqvi

NEW DELHI: Prime Minister Nawaz Sharif kept India guessing on Thursday on whether he would attend the swearing-in ceremony of Indian premier-designate Narendra Modi on Monday or send a high-ranking representative.

The TV discussions centred around a view among Delhi’s cluster of Pakistan experts that it was Rawalpindi rather than Islamabad that would take the final call on Mr Modi’s invitation to Mr Sharif.

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