Business & Commerce


Barclays Upgrades Pakistan’s Sovereign Debt to ‘Overweight’ on Improved Oil Market Outlook

LONDON: Global financial services firm Barclays has upgraded Pakistan's sovereign debt rating to "overweight," citing…

iPhone 18 Lineup Set for September Launch with Upgraded RAM, Enhanced Cameras, and Expected Price Hikes

Apple’s flagship smartphone, iPhone, hasn’t taken a year off from its updates since 2007, and…

State Bank Extends Banking Hours Until Midnight for Year-End Tax Collections on FBR Request

KARACHI — The State Bank of Pakistan (SBP) has officially extended the working hours of…

PTA Announces Temporary Maintenance Outage Ahead of Smartphone Tax Installment Launch on July 1

ISLAMABAD — The Pakistan Telecommunication Authority (PTA) has announced a scheduled technical network upgrade that…

Finance Bill 2026 Passed: IMF Compliance and Revenue Priorities Balance Selective Relief Against Inflationary Hikes

The Finance Bill 2026 presents a cautious, revenue-first fiscal strategy designed to satisfy strict IMF…

Oil Companies Warn Government of Potential Fuel Supply Disruptions Over Unilateral Price Cuts

KARACHI — The Oil Companies Advisory Council (OCAC), representing Pakistan's structural refining and oil marketing…

Startup Revora Raises $2 Million in Seed Funding to Develop AI Platform for E-Commerce Merchants

SAN FRANCISCO: E-commerce technology startup Revora has secured $2 million in seed funding to accelerate…

Audit Reveals Rs3,177 Billion Spent Without Parliamentary Approval in FY25

ISLAMABAD: A recent audit report has revealed that government entities spent approximately Rs3,177 billion during…