DINA for the issue of May 27, 2014

May 27, 2014 | Rajab 27, 1435
The DAWN Internet News Alert (DINA) is a free daily news service from Pakistan’s largest English language newspaper, the Daily DAWN.

Modi is now PM, sees ‘glorious future’

By Jawed Naqvi

NEW DELHI: It was an unusual gathering of film stars and sadhus, eager South Asian leaders and sulking regional satraps, of senior diplomats watching Prime Minister Narendra Modi’s inaugural and a tea vendor from a leftist university commandeered as a mascot for the social mix that marked the glittering swearing-in ceremony at the British-built Presidential Palace here on Monday.
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Karachi Stocks up 264.48 Points:
KARACHI, May 26: At the close of trading, the KSE-100 index was 29020.48,up 264.48 points.
Forex Update :
KARACHI, May 26: The Pakistani Rupee was traded at 99.45 to the US Dollar in the open market.

Ahmadi surgeon shot dead in Chenabnagar

By Our Correspondent

CHINIOT: A Pakistani-American cardiac surgeon belonging to the Ahmadi community was shot dead in Chenabnagar (Rabwah) on Monday. He was 50.

Dr Mehdi Ali Qamar, who settled in the US during the 1990s, had come to Chenabnagar town two days ago to serve in Jamaat Ahmadiya-run Tahir Heart Institute.

Rs1.31tr development plan approved

By Khaleeq Kiani

ISLAMABAD: The Annual Plan Coordination Committee (APCC) cleared on Monday a plan for the fiscal year 2014-15 envisaging a consolidated development programme of Rs1.310 trillion, economic growth rate at 5.1 per cent and inflation at 8pc.

A meeting of the APCC, presided over by Planning and Development Minister Ahsan Iqbal and attended by provincial ministers, also decided to do away with hundreds of politically motivated projects, discretionary schemes for parliamentarians under the People’s Works Programme and Tameer-i-Pakistan Programme and other old but slow-moving projects.

Court wants poster, banner mystery unravelled

By Nasir Iqbal

ISLAMABAD: A Supreme Court judge directed officials concerned on Monday to find out who had placed defamatory and critical posters and banners against him in the city.

Justice Jawwad S. Khawaja, who resumed hearing on a petition filed by Geo TV, read out for four times the banners which said: “Mir Shakil ki Behen Justice Jawwad ki Bhabhi; Bhabhi Muddayi aur Daiwar judge; Faisla Aap Samajh Saktay Hain (Mir Shakil’s sister is the sister-in-law of Justice Jawwad; sister-in-law is complainant and brother-in-law judge; you can anticipate the verdict). The banners have purportedly been placed by Farzand-i-Islam, an unknown organisation.

Sharif woos Indian investors

The Newspaper’s Correspondent

NEW DELHI: Suddenly everyone wants to do business with new Indian Prime Minister Narendra Modi, but Pakistan’s Prime Minister Nawaz Sharif said here on Monday he had an edge because both the leaders had a reputation of embracing business-friendly policies.

“I am here to turn a new page in India-Pakistan relations,” Mr Sharif told the Hindustan Times ahead of his globally watched handshake with Mr Modi, the first foreign leader to do so after the Indian leader was sworn-in in a magnificent ceremony at the British-built Presidential Palace.

US, India to expand ties

The Newspaper’s Correspondent

WASHINGTON: The United States hopes to expand its strategic partnership with India for years to come, the White House said on Monday.

Congratulating Prime Minister Narendra Modi and the new Indian government on their swearing-in earlier in the day, the White House said the US and India shared “a deep bond and commitment” to promoting economic opportunity, freedom, and security for our people and around the world.

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