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Global oil demand on course for a record high

Global demand for oil this year is on track to rise to a record 101.9m barrels per day as China leads an economic surge among developing nations, the world's leading energy body has forecast, a media report said.

Punjab transfers Rs 502.93 crore into bank accounts of wheat growers

The Punjab government transferred Rs 502.93 crore directly into bank accounts of 19,642 farmers in a single day on Friday as the amount of minimum support price (MSP) at the rate of Rs 2,125 per quintal for procuring wheat, state Food and Civil Supplies Minister Lal Chand Kataruchak said.