97 dead, 2 survived in Pakistan plane crash: Officials
Karachi: Ninety-seven people were killed and two passengers miraculously survived a deadly crash after a Pakistan International Airlines plane with 99 travellers on board plunged into a densely populated residential area near the Jinnah International Airport here, officials said on Saturday.
Flight PK-8303 from Lahore crashed at the Jinnah Garden area near Model Colony in Malir on Friday afternoon, minutes before its landing in Karachi, they said. Eleven people on the ground were injured.
Sindh health officials have said that 97 people have been confirmed dead, while two survived the crash, Dawn News reported on Saturday.
Both the survivors are in stable condition and 19 victims have been identified, the report said. The Airbus A320 aircraft of the national carrier had 91 passengers and a crew of eight.
A third person, who had earlier been identified as a survivor from the plane, was later confirmed to be a resident of the area where the plane crashed. She was among the 11 persons, who were injured when the plane crashed into the residential area, damaging several houses, the report added.
Meeran Yousuf, the media coordinator for the Sindh health minister, said that the majority of the injured were women, as it was time for Friday prayers when the crash occurred. She added that all the injured residents were in stable condition.
Sindh Health Minister Azra Pechuho said there are two survivors, including President of the Bank of Punjab Zafar Masood. He called up his mother to inform her of his well-being.
Faisal Edhi of the Edhi Welfare Trust said that around 25 to 30 residents whose houses were damaged by the plane have also been taken to the hospital, mostly with burn wounds.
The aircraft wings during the crash landing hit the houses in the residential colony before crashing down.
"At least 25 houses have been damaged in this incident, Edhi said.
According to a PIA official, the captain informed the air traffic control that he was having problems with the landing gear before the aircraft disappeared from the radar.
The cause of the crash is yet to be confirmed. PIA chief executive Air Vice Marshal Arshad Malik said the pilot had told traffic control that the plane was experiencing "technical difficulties".
The plane came for landing but just before that the pilot said he was going for a go-around. While coming for a second landing, it developed some problems and crashed.
The real cause of the mishap will be known after inquiry, which will be free and fair and it will be provided to the media, he said. Malik said that the entire operation will take two to three days to complete.
Pakistan has set up a four-member board of inquiry to know the cause of the crash. The board has been asked to complete the probe within the shortest possible time, according to an official notification by the Aviation Division of the government.
The flight was coming from Lahore to Karachi after the Civil Aviation Authority (CAA) allowed limited resumption of domestic flights last Saturday following weeks of lockdown due to the travel restrictions linked to the COVID-19 outbreak.
This is the first major aircraft crash in Pakistan after December 7, 2016 when a PIA ATR-42 aircraft from Chitral to Islamabad crashed midway. The crash claimed the lives of all 48 passengers and the crew.
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Rupee falls 21 paise to 91.29 against US dollar in early trade
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Mumbai (PTI): The rupee depreciated 21 paise to 91.29 against the US dollar on Monday, amid higher crude oil prices, a strong American currency and intense global volatility due to the escalated Middle East tension.
Negative equity market sentiment and massive withdrawal of foreign funds also weighed on the Indian currency, forex traders said.
At the interbank foreign exchange, the rupee opened at 91.23 and declined further to 91.29 against the greenback in initial deals, trading 21 paise down from its previous closing level.
On Friday, the rupee lost 17 paise to settle at 91.08 against the dollar.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.22 per cent higher at 97.78.
Brent crude, the global oil benchmark, was up 3.91 per cent at 76.78 per barrel in futures trade.
Analysts said that crude prices soared after the US and Israel launched military strikes against Iran.
In the latest strike, the US and Israel forces pounded targets across Iran on Sunday, dropping massive bombs on the country's ballistic missile sites and wiping out warships. The attack was intensified after the killing of Iran's Supreme Leader Ayatollah Ali Khamenei.
Experts say that India faces the risk of a sharp increase in its import bill with the rising crude prices in the international market as the country's 85 per cent fuel requirement is met through imports.
On the domestic equity market front, the Sensex tumbled 691.47 points or 0.85 per cent to 80,595.72, while Nifty tanked 240.95 points or 0.96 per cent to 24,937.70 in early trade.
On Friday, foreign institutional investors offloaded equities worth Rs 7,536.36 crore, according to exchange data.
According to the government data released on Friday following a revamp of the GDP calculation framework, the country's economic growth has been projected at 7.6 per cent in the currency fiscal.
The latest RBI data released on Friday showed India's forex reserve dropped by USD 2.119 billion to USD 723.608 billion during the week ended February 20. The overall reserves had jumped by USD 8.663 billion to an all-time high of USD 725.727 billion in the previous reporting week.
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