Defaulting company?s official on OGDCL board

KARACHI: Oil and Gas Development Company Limited (OGDCL) has on its board an official of a private company that has defaulted on payments of close to

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?Rs2b subsidy on solar tube-wells?

Lahore

Senior Advisor to the Punjab chief minister, Sardar Zulfiqar Ali Khan Khosa, has said that the provincial government will provide subsid

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?Sasti Roti Dastarkhwan? next step against poverty: CM

LAHORE: Punjab Chief Minister Mian Shahbaz Sharif has said that provision of cheap meal at ?Sasti Roti Dastarkhwan? with the cooperation of the afflue

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Action against lawyer for ?abusing? policewoman

Karachi

An FIR has been registered and action ordered by the Karachi Bar Association (KBA) against a lawyer for misbehaving with a lady police

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Oil prices on firm footing before US energy report

LONDON: World oil prices rose slightly on Wednesday as traders awaited the latest snapshot of American crude inventories for clues on the state of demand in the world’’s biggest energy-consuming nation.

New York’’s main contract, light sweet crude for delivery in August, rose 85 cents to 76.79 dollars a barrel.

Brent North Sea crude for August added 78 cents to 76.22 dollars per barrel in early afternoon London trade.

“Today, the main focus for the energy market will switch to the weekly oil inventories report,” said Sucden analyst Myrto Sokou.

“US employment figures and Chicago PMI data for June could also draw investors” attention, as the US consumer confidence figures yesterday were quite poor.”

Later on Wednesday, at 1430 GMT, the US government’’s Department of Energy will publish its weekly report on oil reserves for the week ending June 25.

Crude oil inventories are expected to fall by 900,000 barrels, according to analysts polled by Dow Jones Newswires. Gasoline or petrol stockpiles are seen falling by 400,000 barrels.

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Pakistan News

Blast at Hub hurts three

HUB: A blast has occurred here at Sakaran road, injuring three persons, Geo News reported Wednesday.

The injured have been shifted to a nearby hospital, police sources said.

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?Sasti Roti Dastarkhwan? next step against poverty: CM

LAHORE: Punjab Chief Minister Mian Shahbaz Sharif has said that provision of cheap meal at ?Sasti Roti Dastarkhwan? with the cooperation of the afflue

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Pakistan?s debt-to-GDP ratio to cross 61 percent

KARACHI: Pakistan?s total debt-to-GDP ratio has crossed 61 percent this fiscal year, breaching the 60 percent limit set under the Fiscal Responsibilit

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Suarez seals South Korea?s fate

PORT ELIZABETH: Luis Suarez scored in each half Saturday to help Uruguay beat South Korea 2-1 and advance to the World Cup quarter-finals for the firs

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Pakistan News

People are talking about ?

? the daily circus of more and more legislators being discovered having fake degrees and how it has become a matter of ridicule and jesting among the

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