Pakistan Railways Disrupted Amid Rising Fuel Crisis
Trains have gradually come to a standstill in Pakistan, as the Railways have disrupted amid rising fuel crisis in the country. Pakistan Railways have stopped services across the country, also due to lack of revenue amid ongoing financial crisis in the nation, reported The Express Tribune. Meanwhile, Pakistan Railways is also buying fuel from private firms to continue operations. However, government officials are yet to make a statement.
Tags: Pakistan, Fuel Crisis, Financial Crisis, Pakistan Railways, World news
Cambodian Lion Dancers Continue Craft Amid COVID-19 Pandemic
Amid the pandemic, Cambodian lion dancers are all set to perform at Lunar New Year Ceremony. All the income sources have dried up during the pandemic, with the number of performances bottoming out to about once a month instead of five, said a performer. The Cambodian Chinese Association estimates there are eight troupes, but the number may shrink. Notably, Sino-Khmers have long been an integral part of the Cambodian society.
Tags: art & culture, cambodian lion dancers, Coronavirus Pandemic, Financial Crisis, legacy
Courtesy: The Indian Express
Pakistan Suffers Economic Crisis, Seeks IMF And Chinese Investments
The Pakistan Government is suffering economic crisis, due to financial burdens of domestic and external matters. According to local Islam Khabar, the Imran Khan Government is hoping new International Monetory Fund (IMF) loan under its extended fund facility (EEF) and Chinese investment for facing this financial crisis and meet gross financial needs. Notably, the Pakistan budget is expected to go up by USD 28-30 billion in next 2022-… read-more
Tags: Pakistan, Pakistan Government, International Monetory Fund, Chinese Investment, Financial Crisis
Milkmen Donates Rs 1 Lakh To School Facing Financial Crisis: Assam
About 600 milkmen from Sitajakhala cooperative society donated Rs 1 lakh to Sitajakhala Higher Secondary school, Jagiroad Assembly constituency, to help the school recover from its financial crisis in Assam. The group has extended support to the school by contributing just 15 paise per litre on sale from each milkman. "The school would not be facing such issues had they been provincialized," as per reports.
Tags: Milkman, donation, Financial Crisis, School
Courtesy: The Quint
Actor Shagufta Ali Sells Car, Jewellery To Meet Her Medical Expenses
Describing the financial crisis, Actress Shagufta Ali said that she had to sell off her car and pieces of jewellery after she exhausted her savings due to the pandemic. However, the 54-year-old actress revealed that she had no work for years, and it became difficult for her to take care of her medical expenses. Moreover, Shagufta suffers from third-stage of breast cancer.
Tags: Shagufta Ali, actress, Financial Crisis, Breast cancer, crisis
Courtesy: The Free Press Journal
Canada To Give Rs 60-Cr Monetary Support To India For COVID Measures
The Canada government on April 27 announced that it would provide a financial aid of Rs 60 crore to India as a part of COVID assistance. The donation will be transferred from Canadian Red Cross to the Indian Red Cross Society. Besides, oxygen concentrators, ventilators, and pharma products are also on the assistance list. "We are there to support in any way we can," said Canadian PM Justin Trudeau.
Tags: Canada, Justin Trudeau, Covid-19, Financial Crisis, Coronavirus
Courtesy: Hindustan Times
Maharashtra: 4 Arrested For Stealing Pyre Ashes To Extract Melted Jewellery
Two men, along with their wives, were thrashed by locals of Devgaon Khurd village in Maharashtra's Osmanabad district after being caught stealing pyre ashes for extracting melted jewellery of a cremated woman. The accused were later handed over to police and a case has been registered against them. Reportedly, the offenders were facing financial crisis and after learning that the deceased was being cremated along with her jewellery, they … read-more
Tags: aurangabad, Devgaon Khurd Village, Cremation, Financial Crisis
Courtesy: Times Now
Elderly Couple Dead In Kolkata; Police Suspect Suicide
In Kolkata's Girish Park region, semi-decayed corpses of an elderly couple have been recovered from an apartment on November 24. Reportedly, the near-by residents alerted the cops after they experienced a stench. The cops have retrieved the bodies of 71-year-old Biswajit Mitra and 68-year-old Sipra Mitra by breaking into the apartment. They stated that the duo was in monetary crises, thus suspect suicide. Moreover, they await the autopsy… read-more
Tags: West Bengal, Kolkata, Death, Financial Crisis
Courtesy: Hindustan Times
England Cricketers Agree to a 15% Cut In Salary
The England and Wales Cricket Board (ECB) announced on October 23 that their cricketers under central contract had agreed for a 15 percent pay cut for 12 months. The decision was taken to tackle financial loss of $130.80 million owing to the pandemic. An agreement was made between the ECB and the Team England Player Partnership. Reduction in match fees, win bonuses and retainers will be a part of the reduction.
Tags: The England and Wales Cricket Board, Covid-19, Financial Crisis, Pay Cut
GDP Is Expected To Grow 19% In 2022 Fiscal Year, says Finance Ministry
Finance Ministry, on September 19 predicted that the GDP will see a rise of 19% by the end of Fiscal Year 2022. K. Subramanian, Chief Economic Advisor to Finance Ministry said, "When you take account of the reforms, all those together will increase productivity in the economy and will help bringing growth." The experts also speculated that rebound might be strong but GDP may be less than the pre-pandemic times.
Tags: Financial Crisis, FINANCE MINISTRY, GDP, Covid-19
Courtesy: Live Mint