| Business News
Mon, 15 August 2011 |
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| - | Oil higher in Asian trade
New York"s main contract, West Texas Intermediate crude for delivery in September, was up 22 cents to $85...60 a barrel in morning trade... Brent North Sea cr |
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| - | More dangerous times ahead: WB chief
Zoellick said the eurozone"s sovereign debt issues were more troubling than the "medium and long-term" problems which saw the United States |
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| - | Sugar retail price feared to rise beyond Rs74
hat ex-factory sugar price during the last eight days rose by over Rs2...50 in Sindh and Punjab, thereby swelling the ex-factory price in Sindh to Rs71 |
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| - | KSE ends flat at weekend
Engro Corp reported a net profit of 3...32 billion rupees ($38...45 million) in the first half of 2011, compared with 3...2billion rupees in the |
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| - | Sugar retail price feared to rise beyond Rs74
Industry sources told that ex-factory sugar price during the last eight days rose by over Rs2...50 in Sindh and Punjab, thereby swelling the ex-factory price in Sindh to Rs71 |
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| - | SBP injects Rs132 bn to deal with money shortage
Dealers added that after the withdrawal of Rs140 billion due to maturities |
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| - | Gold hits new height; tola Rs57800
The gold rate of 10 grams shot up by Rs771 to Rs49542... The commodity"s rate in the international market has seen a rise of 28 dollars to 1785 dollars per ou |
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| - | Forex reserves ease to $17...97bn
Reserves held by the State Bank of Pakistan (SBP) fell to $14...46 billion from $14...78 billion a week ago, while those held by commercial banks al |
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| - | Gold climbs to record high, oil falls on euro crisis
The euro"s financial woes returned to focus on rumours France may be in trouble, stealing the spotlight from the U...S...Feder |
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| - | Dollar slips toward record yen low in Asia
The greenback was trading at 76...62 yen, down from 76...83 yen in New York on Wednesday... The euro firmed to $1...4209 from $1...4168, but dipped to 108...89 yen from 108...9 |
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Blast kills 15 on Independence Day * 23 wounded as bomb rips through a roadside restaurant in Dera Allah Yar
* Four suspects arrested in connection with bombing
* Little-known Baloch Liberation Tiger claims responsibility
* Toll could rise as several people believed to be trapped in rubble
By Muhammad Zafar
QUETTA: A blast at a hotel on the National Highway close to Dera Allah Yar killed 15 people and injured 23 others on Sunday.
A bomb that was attached to a timer ripped through a two-story hotel, reducing the building to rubble, police said. The attack also wounded 23 people, said Jaffarabad District Police Officer Javed Gharsheen. Police have taken four people into custody who had tea in the hotel’s restaurant and left just before the bomb went off, he said. Dera Allah Yar is some 350 kilometers east of the provincial capital of Quetta.
Most of the people died on the spot. The dead and injured were taken to the civil hospital, however, most of the seriously wounded were referred to Larkana and Jacobabad hospitals for better treatment. A little-known organisation, Baloch Liberation Tiger (BLT), claimed the responsibility for the devastating blast, in which unarmed civilians were made target of mass killing for the first time. Rescue workers and police were removing the rubble to find any survivors. Police said the death toll could rise as several people were believed to have trapped in the rubble.
A BLT spokesman, who introduced himself as Miran Baloch, phoned local office of a news agency and said it was a remote-controlled blast and members of his organisation had planted the bomb inside the hotel. He said his organisation will target those people who participate in the celebrations of Independence Day of Pakistan. According to eyewitness accounts, the victims were taking their mid-day meal and there was no evidence that they had participated in any function in connection with the Independence Day.
The blast destroyed the double-storey building of the hotel and reduced it to rubble. The explosion rocked the town and caused panic among its residents. Jaffarabad DPO said that the unknown miscreants had planted an explosive device inside the Bismillah Hotel, one of the three hotels on national highway in Dera Allah Yar, which was open in the holy month of Ramazan to serve food to passengers. He added that the terrorists detonated the device by remote control when people in a large number were inside the hotel. Around 12 kilogrammes of explosive was used in the blast, Gharshin said. The sources in the district administration, however, told APP that about 35 kilogrammes of explosives were used in the blast. The blast also caused damages to nearby shops and buildings.
The personnel of Frontier Corps and police rushed to the spot and sealed off the area. They started a rescue operation which lasted several hours and retrieved 15 bodies and 19 after hours’ long hectic efforts. “Teams of Bomb Disposal Squad were dispatched from Sukkur and Quetta to inspect the site,” Gharshin said.
Those killed in the blast belonged to Dera Allah Yar, Dera Murad Jamali and nearby villages, and had come to the hotel for taking midday meal. The district police said that another bid of sabotage was foiled on a tip-off, as the police and Bomb Disposal Squad recovered 10 kilogrammes of explosives near a gasfield on National Highway passing through Jaffarabad district. |
BRIEF NEWS: Ø 2 Labourers guneed down in Lasbella Ø Journalist gunned down in Khuzdar Ø President confers Nishan-e-Imtiaz on Taseer Ø Democracy quarantor of peace, prosperity: Gilani Ø Police clueless who kidnapped American Ø Military eyes permanent bases in Swat
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