Nine killed in explosion as children play with rocket shell in Pakistan's Sindh
Karachi (PTI): At least nine people, including five children, of the same family were killed on Wednesday when a rocket launcher's shell exploded at a house when the kids were playing with the ammunition in Pakistan's Sindh province, police said.
Kashmore-Kandhkot Senior Superintendent of Police (SSP) Rohil Khosa said children found a rocket shell while playing on the ground and brought it home where it exploded, killing nine people, including five children, two women, and two men, of the same family.
He said besides the casualties five others were injured in the explosion and rushed to hospital.
"This is an area on the riverine belt and the rocket shell must have been left there by dacoits who hide out deep into the riverine belt areas," Khoso said.
The SSP said the police had reached the site and further investigation was underway and an "emergency" had been declared at the Kandhkot Civil Hospital.
Pakistan Peoples Party's Chairman and former foreign minister Bilawal Bhutto Zardari said in a tweet that the riverine areas of Sindh and Punjab had become a safe haven to many criminal gangs and urged the government to clear the region from such elements.
Sindh Chief Minister Justice Maqbool Baqar has sought a report from the provincial inspector general on how a rocket launcher reached the Zangi Subzwai Goth village in Kashmore district's Kandhkot tehsil of the province, Dawn News reported.
"Was any stock of weapons being smuggled to the Kutcha areas? Are there enablers of the dacoits present in the goth (village)?", he asked.
Expressing his grief over the incident, Baqar directed the inspector general to submit a "detailed report" into the incident.
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Rupee hits record intra-day low in early trade, falls 12 paise to 92.37 against US dollar
Mumbai (PTI): The rupee slumped 12 paise to its record low of 92.37 against the US dollar in early trade on Friday as global crude oil prices showed no signs of easing amid the ongoing West Asian conflict.
A stronger greenback, heavy FII selling and weak sentiments in the domestic equity markets further weighed on the rupee, according to forex traders.
At the interbank foreign exchange, the local unit opened at 92.33 and slipped further to hit its record intra-day low of 92.37 against the US dollar, down 12 paise from its previous close.
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The rupee touched a fresh intra-day low of 92.36 on Thursday and closed the session 24 paise down at its lowest level of 92.25 against the US dollar.
"Oil prices remained elevated after Iran said the Strait of Hormuz is closed permanently till the resolution of the crisis. The dollar index also rose, European and Asian currencies all fell against the dollar," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
The rupee has remained vulnerable and in the absence of the RBI could have reached 93.00 levels, he added.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 99.77.
Brent crude, the global oil benchmark, was trading higher by 4.99 per cent at USD 96.57 per barrel in futures trade.
On the domestic equity market front, the Sensex plunged 560.06 points, or 0.74 per cent, to 75,474.36, while the Nifty tanked 184.45 points, or 0.78 per cent, to 23,454.70.
Foreign institutional investors sold equities worth Rs 7,049.87 crore on a net basis on Thursday, according to exchange data.
Meanwhile, retail inflation moved up to 3.21 per cent in February compared to 2.74 per cent in the preceding month, driven mainly by higher food prices, government data released on Thursday showed.
