DINA for the issue of February 07, 2012

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D A W N I n t e r n e t N e w s A l e r t
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February 07, 2012 Tuesday Rabi-ul-Awwal 14, 1433
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The DAWN Internet News Alert (DINA) is a free daily news-service
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(c) Pakistan Herald Publications (Pvt.) Ltd., Pakistan - 2012

The link at the end of each extract can be used to access the
complete story on DAWN - the Internet Edition.


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World No 1 whitewashed in Dubai
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DUBAI, Feb 6: Saeed Ajmal and Umar Gul were the chief destroyers as Pakistan won the third and final Test by 71 runs on the fourth day on Monday, recording their first clean sweep in a series against England.

Spinner Ajmal, the scourge of England's batsmen throughout the series, picked up four for 67 and paceman Gul grabbed four for 61 as the world's top-ranked test team were bowled out for 252...

http://www.dawn.com/2012/02/07/world-no-1-whitewashed-in-dubai.html


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Gas accord will be honoured, Iran assured
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By Khaleeq Kiani
ISLAMABAD, Feb 6: Notwithstanding international pressures, Pakistan gave on Monday an unequivocal assurance to Iran that it would implement, on a fast track basis, multi-billion-dollar gas and electricity import projects.

"Pakistan is fully committed to importing electricity and gas from Iran and we are working on a fast track basis to finalise these deals at the earliest," Dr Abdul Hafeez Sheikh, the prime minister's adviser on finance, told visiting Iranian Deputy President Ali Saeedlou...

http://www.dawn.com/2012/02/07/gas-accord-will-be-honoured-iran-assured.html


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Deadlock in talks on 20th Amendment
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By Raja Asghar
ISLAMABAD, Feb 6: Despite being stung by the Supreme Court, the ruling coalition and opposition in the National Assembly seemed stalled by a deadlock on Monday on a constitution amendment bill seeking to validate more than two dozen post-Eighteenth Amendment by-elections.

Negotiators of the two sides failed to reach an agreement after a three-hour meeting that lasted until late at night, but they said they had agreed to meet again on Tuesday evening as the Constitution (Twentieth Amendment) Bill seemed destined to wait until Wednesday, when Prime Minister Yousuf Raza Gilani too will have returned from a two-day official visit to Qatar...

http://www.dawn.com/2012/02/07/deadlock-in-talks-on-20th-amendment.html


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11 die as blast razes Lahore drugs factory
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By Muhammad Faisal Ali
LAHORE, Feb 6: At least 11 people, eight of them women and three teenage boys, were killed when a three-storey factory building owned by a pharmaceutical company caved in after a huge blast in New Town area on Monday. Nineteen injured workers were rescued but many others remained trapped in the rubble till late in the evening. (Some TV channels put the death toll at 14)

Witnesses and rescue personnel said a huge blast was apparently caused either by the boiler or by gas cylinders in the boiler section of the factory...

http://www.dawn.com/2012/02/07/11-die-as-blast-razes-lahore-drugs-factory.html


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Supreme Court suspends 28 legislators
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By Nasir Iqbal
ISLAMABAD, Feb 6: The government suffered another blow on Monday when the Supreme Court ordered suspension of 28 members of the Senate and national and provincial assemblies elected in by-polls conducted by an Election Commission without meeting the criteria of the 18th Amendment.

Their membership will remain suspended till approval by parliament of the 20th Amendment to give constitutional cover to by-elections held in the absence of a properly-constituted ECP...

http://www.dawn.com/2012/02/07/hafeez-sheikh-asim-hussain-made-advisers-sc-suspends-28-legislators.html


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Economy highly vulnerable, warns IMF
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WASHINGTON, Feb 6: The International Monetary Fund warned Pakistan on Monday that its economy was "highly vulnerable" and urged it to brace itself for further increase in consumer prices and widespread unemployment.

"Unless there are measures taken to rein in the fiscal deficit and the monetary policy tightening that is probably needed right now, pressures on the rupee could continue," IMF mission chief to Pakistan Adnan Mazarei told a conference call...

http://www.dawn.com/2012/02/07/economy-highly-vulnerable-warns-imf.html


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Minister says his resignation won't help PIA
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By Amir Wasim
ISLAMABAD, Feb 6: Defence Minister Chaudhry Ahmed Mukhtar admitted in the Senate on Monday that Pakistan International Airlines (PIA) was in a very bad shape but said honest collective efforts, not his resignation, would restore its health.

"I am ready to resign if that alone can improve the situation in PIA. Let me go as I have not been living on my salary as federal minister," he said, implicitly accepting the criticism that the airline was in precarious health because it was overstaffed with workers recruited without merit...

http://www.dawn.com/2012/02/07/minister-says-his-resignation-wont-help-pia.html


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SC wants drugs regulatory authority
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By Our Staff Reporter
ISLAMABAD, Feb 6: The Supreme Court cautioned the government on Monday to realise the seriousness of the death of heart patients in Lahore caused by counterfeit medicines provided to them by the Punjab Institute of Cardiology and set up a long overdue drugs regulatory authority within 10 days.

"Come what may we want formation of the drugs regulatory authority," said a three-judge bench comprising Justice Tassaduq Hussain Jillani, Justice Anwar Zaheer Jamali and Justice Mian Saqib Nisar. The bench had taken up a suo motu notice of the matter...

http://www.dawn.com/2012/02/07/death-of-cardiac-patients-in-lahore-sc-wants-drugs-regulatory-authority.html


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Gilani discusses trade, investment with Qatar's PM
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DOHA, Feb 6: Prime Minister Yousuf Raza Gilani and his Qatari counterpart Sheikh Hamad bin Jassim bin Jabar Al Thani agreed on Monday to enhance cooperation in diverse fields.

They discussed ways to promote trade and investment compatible to level of ties between the two countries at a meeting held here at the Amiri Diwan, the office of the Qatari leader...

http://www.dawn.com/2012/02/07/gilani-discusses-trade-investment-with-qatars-pm.html


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Karachi Stocks Up 170.79 Points:
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KARACHI, Feb 06: At close of trading, the KSE-100 index was at 12153.41, up 170.79 points.
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Forex Update:
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KARACHI, Feb 06: The Pakistani Rupee was traded at 90.8 to the US Dollar in the open market.
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