Business Tackling circular debt: Govt to issue Rs70b term finance certificates Zafar Bhutta In an attempt to rein in the runaway inter-corporate debt and tackle the power crisis, the government has decided to raise Rs70 billion from the reserves of Oil and Gas Development Company (OGDC) by issuing term finance certificates (TFCs). Passing the buck: Govt considers removing cap on gas cess, petroleum levy Zafar Bhutta Finance and energy managers are seeking to increase infrastructure development cess on natural gas and petroleum levy on oil products in the upcoming budget to generate funds for the Iran-Pakistan (IP) gas pipeline project and bridge the fiscal deficit. _______________________________________________ Sports Aisam, Rojer cruise on Madrid clay Our Correspondents Aisamul Haq Qureshi and his doubles partner Jean-Julien Rojer eased into the second round of the Madrid Open with a convincing 6-36, 7-5 win over Daniel Gimeno-Traver and Ivan Navarro in their first-round match yesterday. Cricket: Shah adamant about World XI despite PCB's refusal Fawad Hussain Sindh Sports Minister Mohammad Ali Shah has vowed to host the 'World XI' side as planned despite the Pakistan Cricket Board's (PCB) refusal to sanction the national team or be part of proceedings. _______________________________________________ Life & Style Zoheb Hasan: Yesteryear's heart-throb becomes a modern-day social activist Saadia Qamar He stole many a hearts with his mesmerising voice and his charming looks refuse to wear down with time. Shakeel: The legend returns to theatre Sher Khan Over the last three days, renowned television actor Shakeel has been enthralling audiences at the Alhamra Arts Complex in Lahore. Living up to and even surpassing the viewers' expectations, the celebrated actor, who returned to theatre after a span of 25 years, once again delivered a flawless solo performance for his most recent stage play "Us Gali Na Jawin". _______________________________________________ |
0 comments:
Post a Comment
No Spamming Allowed