DINA for the issue of March 29, 2014
![]() | March 29, 2014 | Jamadi-ul-Awwal 27, 1435 | |||||||||||||
| The DAWN Internet News Alert (DINA) is a free daily news service from Pakistan’s largest English language newspaper, the Daily DAWN. | ||||||||||||||
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SBP warns of increase in fiscal deficitBy Shahid IqbalKARACHI: The State Bank warned on Friday that despite some positive economic indicators fiscal deficit could be in the range of 6 to 7 per cent of GDP for the current financial year, even if the country received the coalition support fund and proceeds from 3G licence before July. In its second quarterly report for the fiscal year 2013-14 (FY14) issued on Friday, the SBP said higher development expenditure and an anticipated increase in debt servicing would push up overall spending in the second half of FY14. | ||||||||||||||
Phase I of Dasu power project approvedBy Khaleeq KianiISLAMABAD: The government cleared on Friday the Rs486 billion first phase of the Dasu Hydropower Project to pave the way for approval of a $700 million loan by the board of directors of the World Bank. The WB board is expected to approve the loan in May and a government team led by Finance Minister Ishaq Dar will brief the bank’s management about the project during its spring meetings scheduled for April 11-13 in Washington. | ||||||||||||||
Driver killed in attack on Nato trailerBy A CorrespondentDERA MURAD JAMALI: A driver was killed and another injured in an attack on two trailers, returning from Afghanistan, in Dhadar area of Kachhi Bolan district on Friday, Levies officials said. The trailers were going to Karachi after offloading supplies for Nato forces in Afghanistan. Four armed men on two motorcycles opened fire at the vehicles. | ||||||||||||||
Drone use must comply with law, says UN panelGENEVA: The United Nations called on all states on Friday to ensure that the use of armed drones complies with international law, backing a proposal from Pakistan seen as taking aim at the United States. A resolution presented by Pakistan on behalf of co-sponsors, including Yemen and Switzerland, did not single out any state. | ||||||||||||||
Attack on journalist’s car claims life of his driverBy Our Staff ReporterLAHORE: Journalist, author and television anchor Raza Rumi escaped unhurt but his driver was killed and a police guard was injured when his car came under attack in a drive-by shooting here on Friday. Police said it appeared to be a targeted attack, the first of its kind in Lahore, which alarmed local journalists. | ||||||||||||||
MQM elements involved in extortion, killings, alleges ShahzadBy Our Staff ReporterKARACHI: Muttahida Qaumi Movement’s senior leader Saleem Shahzad dropped a bombshell on Friday soon after his membership had been suspended and said that several elements within the party were involved in extortion, killings and smuggling. “The party leadership knew I have decided to resign from the basic membership,” Mr Shahzad told a private news channel in London while reacting to news of his suspension. | ||||||||||||||
Earth Hour to be observed this eveningISLAMABAD: Lights will go off in about 7,000 cities around the world, including in Pakistan, for Saturday’s Earth Hour event, according to its organisers. The event would be observed in more than 150 countries, organisers WWF said. It would see world landmarks, including the Empire State Building, the Eiffel Tower and the Kremlin, switch off their lights for 60 minutes at 8.30pm local time. | ||||||||||||||
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