All posts tagged: CashStrapped

Cash-strapped Chandigarh MC eyes gains from residential project in Manimajra

Cash-strapped Chandigarh MC eyes gains from residential project in Manimajra

Published by Parlour News

Amid its mounting financial challenges, the Chandigarh municipal corporation (MC) is looking to generate revenue by developing a residential project in Manimajra’s Shivalik Enclave area, in partnership with the National Buildings Construction Corporation (NBCC). In 2005, the Chandigarh MC had sold a 5.39-acre plot in Manimajra for a similar housing society on freehold basis. (HT File) The project is to come up on a 6.9-acre land parcel in Pocket 6 of Manimajra, which has been earmarked for residential development under the Chandigarh Master Plan. While the MC is considering auctioning the vacant land with a reserve price of ₹300 crore — expected to fetch at least ₹500 crore — officials say that partnering with NBCC on a revenue-sharing model could potentially double the civic body’s profit. NBCC (India) Limited, a Navratna public sector enterprise under the Union ministry of housing and urban affairs, specialises in project management consultancy, engineering-procurement-construction (EPC), and real estate development. If roped in, NBCC will undertake the construction and development of the proposed society, in return for a share in revenue …

Did Denise Richards Only Film Her New Bravo Series Because She Is Cash-Strapped? Report Explored

Did Denise Richards Only Film Her New Bravo Series Because She Is Cash-Strapped? Report Explored

Published by Webster

Did Denise Richards Only Make Her New Bravo Show For Money? ( Photo Credit – Instagram ) Denise Richards is back on your television screens with her new show on Bravo, Denise Richards and Her Wild Things. The reality star, known for her stints on The Real Housewives of Beverly Hills, has been a fan favorite for the drama and entertainment she always brings to the table. A new report has suggested that Denise signed on to do the new series only because she needed money and was cash-strapped. This is especially true now that she does not receive any child support from her former husband, Charlie Sheen, for their two daughters. Here’s everything we know and how Denise feels about the show, which premiered on March 4, 2025. Did Denise Richards Only Film Her New Bravo Series Because She Needs Money? According to The US Sun, Denise did the show for the paycheck and had no other desire. “The only reason she’s doing the reality show is the same reason she’s doing her Only …

Cash-strapped Sean ‘Diddy’ Combs ‘renting out his private jet’ to mitigate financial woes amid sex trafficking case

Cash-strapped Sean ‘Diddy’ Combs ‘renting out his private jet’ to mitigate financial woes amid sex trafficking case

Published by Parlour News

While Sean ‘Diddy’ Combs is locked up in Brooklyn’s Metropolitan Detention Centre, his private jet has been going around places. His plane has been on quite a few trips since the mogul’s arrest in September including locations such as French Polynesia, New Zealand, San Francisco, Los Angeles, and Mexico, as reported by the Business Insider. These trips are the result of Diddy’s financial woes as he rented his private jet to make some dollars given it is his last remaining asset. While Sean ‘Diddy’ Combs awaits trial for serious allegations, his private jet has been busy making trips worldwide. (Photo by ANGELA WEISS / AFP)(AFP) Also Read: Sean Diddy’s attorney warns no one will be spared, asks concerned celebs to pay up or face ‘reputation-damaging lawsuit’ Diddy rents out his private jet Diddy’s private jet is currently listed on rent and earns at least following its listing on the jet-chartering site, Victor. According to the calculations by The Daily Mail, a trip from London to New York via Diddy’s jet costs around $116,681 without any …

Cash-strapped Pakistan faces unprecedented financial crisis driven by complex web of challenges, warns Princeton economist | World News

Published by Parlour News

Islamabad, Cash-strapped Pakistan is facing an unprecedented financial crisis driven by a complex web of challenges, a prominent Pakistani-American economist has warned. Cash-strapped Pakistan faces unprecedented financial crisis driven by complex web of challenges, warns Princeton economist Princeton economist Atif Mian points to the convergence of skyrocketing domestic and external debts, unsustainable pension liabilities, and a failing power sector as critical factors plunging Pakistan into an economic abyss, the Dawn newspaper reported. His assessment paints a grim picture, suggesting that Pakistan’s economic distress is uniquely severe, making it a stark example of fiscal mismanagement on the global stage. “Pakistan’s domestic and external debts, its unfunded pension liabilities, and the zombie power sector have pushed Pakistan into a deep fiscal crisis. It is hard to think of another country in as bad a shape,” Mian wrote in a comment posted on his official X account. Reacting to Mian’s analysis, former Treasury Head at Chase Manhattan Bank, Asad Rizvi, urged him to offer practical solutions to address these challenges and put the economy back on track. Rizvi …

Cash-Strapped Pakistan PM Shehbaz Sharif Bans Red Carpets At Official Events To Cut Costs

Published by Webster

A ban has been imposed on the use of red carpet on Pakistan PM Shehbaz Sharif’s directives Islamabad: Pakistan Prime Minister Shehbaz Sharif has banned the use of red carpets at government events, reserving them exclusively for diplomatic receptions, as part of austerity measures to cut down unnecessary expenditures in the cash-strapped nation. Sharif expressed annoyance over the use of red carpets during the visits of federal ministers and senior authorities at government functions. According to the Cabinet Division, a ban has been imposed on the use of red carpet on the prime minister’s directives. According to a notification issued by the Cabinet division, the prime minister has instructed that the red carpet will not be used for federal ministers and government figures at official events in the future. However, it could be used as a protocol only for foreign diplomats, The Express Tribune newspaper reported. The decision to ban red carpets is more than just a symbolic gesture. It represents a tangible effort to curb unnecessary expenditures and redirect resources to more critical areas …

12 Eggs Cost 400 Pak Rupee In Cash-Strapped Nation’s Second-Largest City

Published by Webster

Onions are reportedly being sold for between 230 and 250 PKR per kg (Representational) Lahore: The price of eggs in Pakistan has soared to 400 Pakistani Rupees (PKR) per dozen in Punjab’s provincial capital of Lahore, ARY News reported, citing market sources on Sunday. This comes as the local administration has failed to enforce the government rate list as the prices of most commodities are skyrocketing. The report added that onions are being sold for between 230 and 250 PKR per kg against the government’s fixed rate of PKR 175 per kg. The price per dozen eggs has reached PKR 400 in Lahore, while chicken is being sold at PKR 615 per kg there, ARY News reported. Last month, the Economic Coordination Committee (ECC) directed the National Price Monitoring Committee (NPMC) to continue regular coordination with the provincial governments for measures to ensure price stability and to check hoarding and profiteering. The meeting of the cabinet committee was presided over by Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Shamshad Akhtar, ARY News reported …

Cash-Strapped Moroccans Find Joy In World Cup Run

Published by Webster

Moroccan moped driver El Haj Mohamed is in high spirits as his country’s top footballers gear up for a historic World Cup clash against France, a welcome break from daily economic pain. “This team has let us forget everything, high prices and the rest. My mood has changed,” he said as he took a break from making deliveries in a market in Sale, a city adjoining the capital Rabat. Morocco are the first African and Arab team ever to make the semi-finals of a World Cup, and their remarkable run has given residents of the North African kingdom a temporary distraction from their tough economic situation. King Mohammed VI even made a rare public appearance in the streets of Rabat after the team’s surprise victory against Spain in the round of 16. The tournament in Qatar comes after the back-to-back crises of the coronavirus pandemic and the war in Ukraine sent inflation spiralling to eight percent, amid price hikes on fuel and food. Morocco has returned “to 2014 levels of poverty and vulnerability”, according to …