Industry to grow at 3.9 pc during upcoming fiscal year......Finance Minister visits FBR Headquarters.......Khar suggests initiation of SAARC visa for nationals of member states.......Memo commission meets tomorrow....... ....
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Friday, 18-May-2012
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Four pilots killed as two PAF planes collide
CLICK TO LARGE VIEWNOWSHERA: Four pilots were killed Thursday when two Pakistan Air Force (PAF) trainer planes collided in Rashakai area of Nowshera, according to PAF spokesman.
"Two PAF Mushshak aircraft, while on a routine training mission, crashed near Rashakai, Risalpur. Four pilots embraced Shahadat", said a statement issued by the PAF.
A board of inquiry has been ordered to determine the cause of accident, the statement said.
Meanwhile according to various media reports, the accident took place at about 10.20 a.m. when two trainer planes slammed into one another while on a routine training flight over the Rashakai area.
One plane crashed into a field while another fell on a house in a residential area.
Eyewitnesses said a huge fire erupted after a plane crashed into the residential area.




NAB initiates inquiry on reference against Nawaz Sharif

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ISLAMABAD: The National Accountability Bureau initiated inquiry into a reference filed by Minister for Interior Rehman Malik against the Pakistan Muslim League-Nawaz chief Mian Nawaz Sharif on charges of money laundering.
"We have received the reference and initiated inquiry into the matter," said NAB spokesman Zafar Iqbal addressing a press briefing here Thursday.
He said Rehman Malik, in a media talk had mentioned two references against Nawaz of those one had been filed in NAB while the other had been forwarded to Public Accounts Committee.
However, he did not clarify as whether the reference with NAB pertains to the alleged embezzlement of $32 million or the other one.
"As we are yet scrutinizing the documents of the reference, it would be disclosed later as how much amount involved in this case," he told media.

Keys points for Budget 2012-13

 

 

Malik charged with contempt of court in PSM corruption case
Threats sent to embassies in Pakistan: police
Power tariff raised again
ISI, MI played roles in rigging 90s parliamentary elections: Durrani
Gilani takes PML-N to task for undermining chief executive office's sanctity
Turkish PM to visit Pakistan from May 20
Conditional aid to Pakistan counterproductive: White House
Home Secretaries of Pakistan, India discuss modalities of talks

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Karachi violence claims seven lives

KARACHI: Firing incidents claimed seven lives, including former councilor during last 24 hours in various part of Karachi..

 

Sindh Govt sanctions Rs90.52m for legal heirs of all 476 victims

Commissioner for measures to check use of unfair means in intermediate exams

 

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PML-N does not want Sindh divided at any cost: Nawaz Sharif
SHIKARPUR: Pakistan Muslim League - Nawaz (PML-N) does not want Sindh to be divided into more provinces at any cost, party chief Nawaz Sharif said while speaking to the media on Wednesday..

 

Sharif brothers urged to stop using state machinery for protests

Additional 160mmcfd per day gas supply from Uch field by Feb 2014


 

 

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Pakistan batsman Umar Akmal needs guiding hand to realise potential

LAHORE: If you want to understand why Umar Akmal continues to be on the periphery as far as Pakistan's Test team is concerned, you are unlikely to get your answer from scorecards..

 

Amar Cables won 14th National Seniors Cup

Waqar feels selectors have been diplomatic selecting squads

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SECP signs MOU with Moroccan counterpart
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and its Moroccan counterpart, Conseil Déontologique des Valeurs Mobilières (CDVM), have signed an MOU, paving the way for enhanced cooperation and information sharing between them..

 

NEC meets tomorrow to approve Rs825b development budget

Index crashes by 232.60 points

 

 

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