Pakistan Railways deficit increases
Islamabad - Agencies
Pakistan Railways has faced fiscal deficit amounting to Rs132 billion ($1.39 billion) during the last five years. As per statistics of fiscal deficit, Pakistan Railways facal deficit to the tune of Rs16.86 billion during the fiscal year 2007-08, Rs23 billion in 2008-09, Rs24.10 billion in 2009-10, Rs31.01 billion in 2010-11 and Rs30.37 billion in 2011-12. During the fiscal year 2012-13 the fiscal deficit is likely to touch the level of Rs5.53 billion. Railway ministry has claimed several steps have been taken to overcome fiscal deficit. As many as 4 Chinese loans and payment of interest cases have been transferred to economic division from 2011-12 till now. From Gulf Today
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Buenos Aires - AFP
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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