DINA for the issue of July 11,2014

11 July, 2014 / Ramazan 12, 1435
The DAWN Internet News Alert (DINA) is a free daily news service from Pakistan�s largest English language newspaper, the Daily DAWN.

SBP all praise for govt�s performance

Shahid Iqbal

KARACHI: The country�s economy appears to have turned the corner. The State Bank says that after several years of low growth, sentiments about the economy seem to have improved during the third quarter of the outgoing fiscal year (FY14).
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Karachi Stocks down 171.74 points:
KARACHI, July 10 : At the close of trading, the KSE-100 index was 29305.55,down 171.74 points.
Forex Update :
KARACHI, July 10 : The Pakistani Rupee was traded at 99.05 to the US Dollar in the open market.

Israel kills 30 more

AFP

GAZA CITY: Israeli warplanes kept up their deadly raids on Gaza on Thursday, killing 30 more Palestinians, but failed to prevent Hamas from firing rockets at Jerusalem, two of which struck near settlements in the West Bank.

As the violence escalated, UN chief Ban Ki-moon appealed for an immediate ceasefire at an emergency meeting of the Security Council.

Drone kills 6 suspected foreigners in Dattakhel

Bureau Report

PESHAWAR: Six suspected foreigners were killed in a pre-dawn drone attack in Dattakhel, about 35km west of Miramshah, regional headquarters of North Waziristan, on Thursday.

This is the first drone strike since the army launched the operation Zarb-i-Azb in the restive tribal region on June 15.

Attack on FC post leaves five dead

Saleem Shahid

QUETTA: Five personnel of Frontier Corps Baloch�istan were killed and two others injured on Thursday in a pre-dawn attack on their checkpost in Dukki area of Loralai district.

FC spokesperson Khan Wasey told Dawn that over a dozen men fired indiscriminately on the personnel deployed at the checkpost and fled.

PM announces Rs15bn transport project for Karachi

Habib Khan Ghori

KARACHI: Prime Minister Nawaz Sharif has announced a Rs15 billion transport project to be undertaken in Karachi soon under the Green Line bus service on the pattern of the Bus Rapid Transport System in Lahore and Rawalpindi.

Presiding over a meeting at the Governor�s House here on Thursday, the prime minister said the Green Line project would be a gift to the people of Karachi. Its entire cost would be borne by the federal government.

Foreign secretaries to decide fate of Indo-Pak talks

Iftikhar A. Khan

ISLAMABAD: An upcoming meeting between the foreign secretaries of Pakistan and India will determine the fate of the composite dialogue between the two nuclear armed South Asian rivals.

This was the crux of Foreign Office spokesperson Tasnim Aslam�s weekly briefing to the press on Thursday.

PCB game of musical chairs takes new turn

Nasir Iqbal

ISLAMABAD: Former Supreme Court judge retired Justice Syed Jamshed Ali Shah has taken over as interim chairman of the Pakistan Cricket Board (PCB), where he will also act as the election commissioner for the board�s upcoming elections for the post of chairman. However, former boss Najam Sethi�s retention as a member of the body�s Board of Governors (BoG) is proving to be a divisive move.

On Thursday, a Supreme Court bench hearing the matter of the appointment of the PCB chairman asked Attorney General Salman Aslam Butt to seek instructions from the board�s patron � Prime Minister Nawaz Sharif � if he would consider removing Sethi�s name from the new BoG.

Footprints: Pushing out the sea

Taha Siddiqui

THE prime minister recently inaugurated a coal-based power project in the vicinity of Port Mohammad Bin Qasim � the city�s busiest seaport � located on the outskirts of Karachi. The ceremony was dubbed by the media as �groundbreaking� and there was live coverage of the event. PM Sharif also spoke about the vision he had for a developed and prosperous Karachi. However, all this appears a tad utopian, when one investigates the �ground� where this power project is being undertaken. In fact, there was no land until a few months ago on the site located close to the coastline.

And what I found during a recent visit to the site was truly appalling. Trucks loaded with heavy rocks, sand and pebbles, collected from elsewhere, could be seen dumping the material on one side, while bulldozers were busy pushing the dumped material to �create� land.

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DAWN Media Group, Haroon House, Karachi 74200, Pakistan Copyright � 2014 Pakistan Herald Publications (Pvt.) Ltd.
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