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Oil prices ease  ahead of US inventory data

  Oil prices edged down on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventories as product demand weakens. Brent crude prices for September fell 37 cents, or 0.3%, to $106.98 a barrel by 0340 GMT, while U.S. West Texas …

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NEPRA chairman defends hike in electricity tariff

  Defending the increasing electricity tariff, the National Electric Power Regulatory Authority (NEPRA) chairman Tauseef H. Farooqui on Wednesday said fuel cost has increased by eight times as compared to three years earlier. In his statement, the NEPRA chairman said the cost of imported coal in 2018 was $50 per …

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PAKISTAN REPORTS SEVEN DEATHS, 592 FRESH COVID CASES

ISLAMABAD: Pakistan has reported as many as seven Covid-related deaths while 592 fresh cases of the pandemic have been reported in the country during the last 24 hours, the data shared by National Institute of Health (NIH) said on Wednesday. According to the NIH report, 21,264 Covid tests were conducted …

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PM urges ECP to announce verdict on PTI foreign funding case

 Prime Minister Shehbaz Sharif on Tuesday urged the Election Commission of Pakistan (ECP) to announced its judgment on Pakistan Tehreek-e-Insaf’s foreign funding case, saying that Imran Khan was given a “free pass” despite his criticism on state institutions. “I urge the Election Commission of Pakistan to announce long-delayed judgment on …

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Fawad claims five govt MNAs in contact with PTI

Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Tuesday claimed that five members of National Assembly belonging to ruling coalition are in contact with his party. Addressing a press conference in federal capital, Fawad Chaudhrysaid that government is on ventilator and PTI has the power to send this government packing anytime. …

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