Business Another unit in trouble: Govt likely to restructure ZTBL's Rs80 billion debt Shahbaz Rana The government is likely to restructure a whopping debt of Rs80.4 billion that the Zarai Taraqiati Bank Limited (ZTBL) owes to the State Bank of Pakistan (SBP) as the former's bad debts rise alarmingly to 21% of its total lending portfolio. Expanding horizons: Takaful rules to result in segment's evolution Our Correspondents Pakistan's regulator the Securities and Exchange Commission of Pakistan (SECP) has introduced new takaful (Islamic insurance) rules designed to boost competition and lift the sector's market share by allowing the entry of conventional insurers, prompting a legal challenge from specialised takaful providers. _______________________________________________ Sports Hockey: Routed Fawad Hussain It seemed like the World Champions were gifted a club-like opposition – Pakistan fell behind against Australia in the second minute and there was no respite for them until the 70th. 'Officials, selectors and coaches must all resign' Our Correspondents Pakistan's thrashing at the hands of Australia that put the Greenshirts out of the medals race has forced former players and Olympians to demand resignations from the Pakistan Hockey Federation's (PHF) top brass. _______________________________________________ Life & Style Racy Sunny Leone features in Ali Azmat's song – so what? Rafay Mahmood Ali Azmat is a true Pakistani rock star. Where his grooves and music never fail to impress us, his peculiar quirks and extreme-right political views simply add to his eccentric personality. But this time around, it's not his political ideology that has brought him into the limelight – it's the songs he has sung for the freshly released, racy B-town film, Jism 2. Jal: 'We are still alive' Sher Khan Following the nationwide success of "Aadat", the band Jal received great acclaim for creating something so remarkable out of simplistic compositions and basic guitar chords. Not only did they create an impressive fan following, but also successfully attracted the youth's attention. After enduring an intense year, the band is now ready to make a comeback, with Goher Mumtaz, the band's lead vocalist. _______________________________________________ |
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