Oil Prices Drop Below $75 for First Time in Nearly Four Months
International oil prices recorded a sharp decline on Tuesday, falling below the $75-per-barrel level for the first time in nearly four months as geopolitical tensions…
Punjab Approves Rs 47 Billion Smart Security Drive Covering 19 Districts
Punjab is expanding its Smart Safe Cities programme to the tehsil level, deploying advanced surveillance systems across 19 districts with a total investment of Rs47…
Federal Govt Utilises Only 63 Percent of Development Budget in FY 2025-26
The federal government spent 63 percent of its revised development budget in the ongoing fiscal year, with documents confirming Rs530 billion released in 11 months…
Punjab Confirms Continuation of Laptop and Scholarship Schemes in Budget 2026–27
The Punjab government has confirmed the continuation of over 100,000 laptops and Honhaar scholarships for deserving students in the upcoming financial year 2026–27. A special…
Select Technologies Announces Rs. 2.489 Billion IPO to Expand Xiaomi & Hisense Manufacturing
Select Technologies Limited is gearing up for a massive expansion. The wholly owned subsidiary of Air Link Communication Limited just announced an Initial Public Offering…
Punjab Approves 7 Percent Salary and 3.5 Percent Pension Increase
The provincial cabinet of Punjab has approved the Rs 5,903 billion budget for 2026–27, proposing a 7 percent salary increase and a 3.5 percent pension rise for…
Alibaba.com Presents AI-Powered Tools to Boost SME Exports
Alibaba.com has unveiled a suite of AI-powered digital solutions designed to help Pakistani small and medium enterprises (SMEs) gain effective access to international buyers and…
Gold and Silver Prices in Pakistan Today, 16th June, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
Nuvei Buys Payoneer for $2,750 Million in Cash Deal to Build Global Payments Giant
Montreal-based payments company Nuvei has agreed to acquire Nasdaq-listed Payoneer for $2,750 million in cash, creating a unified global financial platform covering more than 190…
Petrol, Diesel Price Cuts Land in Legal Challenge at Lahore High Court
A petition has been filed in the Lahore High Court (LHC) challenging the federal government’s recent decision to reduce petrol and diesel prices, arguing that…
Senate Panel Approves 5% Withholding Tax on Social Media Income
The Senate Standing Committee on Finance and Revenue has approved a proposal to impose a 5 percent withholding tax on specified categories of social media…
Service Long March Tyres Raises Rs. 7.78 Billion in Pakistan’s Largest IPO
Service Long March Tyres Limited (SLM) has achieved a historic milestone by successfully completing the largest initial public offering (IPO) ever conducted on the Pakistan…
