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Total Articles: 30Latest verified updates, breaking reports, and analysis in Business.
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US Sues Lyft for $53m Over Disabled Riders’ Rights
The US Justice Department has sued Lyft, saying the ride-hailing firm repeatedly denied rides to passengers with disabilities and is seeking $53 million.
By: hammadkhaksar
FBR Lets Late Filers Join ATL Without Rs25,000 Surcharge
Late filers can now regain active taxpayer status by pledging not to buy property for six months — but breaking the promise brings the surcharge back.
By: hammadkhaksar
Rs220 Billion Collected in Petrol Levy in Just Two Months
Official figures show the government raised Rs220 billion through the petroleum levy in July and August, on its way to a Rs1.676 trillion annual target — while talks continue over demands to cut the burden on motorists.
By: hammadkhaksar
Saudi-Pakistan Fund Launches, 75% of Capital for Pakistan
Saudi and Pakistani investors have signed an agreement in Karachi to set up a joint private equity fund worth several hundred million dollars, with three-quarters of the money to be invested in Pakistan.
By: hammadkhaksar
Rs300bn SME Export Finance as PM Scraps 80% Rule
Small exporters get easier access to cheap loans as the PM scraps the rule that firms must export 80% of output to qualify for long-term finance.
By: hammadkhaksar
Berkshire Buys Back $9.6bn Shares as Profit Falls 28%
Berkshire Hathaway bought back $9.6 billion of its own shares in the third quarter, its biggest buyback of 2026, even as operating profit slipped 6 percent and net earnings fell 28 percent.
By: hammadkhaksar
New Auto Policy: Cheaper Cars and Rs1 Crore EV Loans
The government has unveiled a new auto policy promising cheaper cars, bigger EV loans and $6bn in exports — but the key tax breaks still need IMF approval.
By: hammadkhaksar
LPG Shake-Up: 90% of Local Output Goes to Open Auction
Local LPG producers will now sell 90% of their output through open auctions held in front of the media, replacing the old quota system.
By: hammadkhaksar
KSE-100 Soars 4.5% in a Week as Oil Falls, Rupee Steadies
Pakistan’s benchmark index gained 7,477 points to close at 173,887, as cheaper oil, easing inflation and a steady rupee lifted investor confidence.
By: hammadkhaksar
JazzCash Profit Rs6.8bn as Revenue Jumps 67.6% in Q3
VEON’s Pakistan financial services arm grew revenue 67.6% to Rs43.4 billion in the third quarter, with net profit of Rs6.8 billion driven mainly by lending as JazzCash issued over 230,000 nano-loans a day.
By: hammadkhaksar
SBP’s New Banking Network to Strengthen Financial Security
The State Bank has switched on a multimillion-dollar core banking network and data centre built with Cisco, aiming to keep Pakistan’s digital banking secure, stable and reliable nationwide.
By: hammadkhaksar
New auto policy: cheaper cars, cleaner air, $6bn export goal
Pakistan has unveiled a new five-year auto policy promising cheaper cars, more electric vehicles and a $6 billion export target over five years.
By: hammadkhaksar
Pakistan Restarts Offshore Oil Hunt After 20 Years
A Turkish seismic vessel will reach Karachi between November 17 and 20, reopening Pakistan’s offshore waters to oil and gas exploration after two decades.
By: hammadkhaksar
SECP Seeks Records From 30 Banks in IPO Probe
The SECP has widened its probe into the withdrawn SE Fruits IPO, seeking export records from seven banks and foreign-exchange details from 30 banks.
By: hammadkhaksar
Chinese Motorcycles Now Take a Third of Europe’s Big Bikes
Chinese brands now supply nearly a third of Europe’s big-bike imports, up from 7% in 2019, as CFMoto and rivals win buyers at Milan’s EICMA show.
By: hammadkhaksar
LPG Producers to Give 10% Output to State Marketers
LPG producers will hand 10 per cent of their output to state-owned marketers, with the rest sold through transparent monthly auctions.
By: hammadkhaksar
Pakistan Trade Deficit Widens to $3.88 Billion in October
Pakistan’s trade deficit widened 19.7% to $3.88bn in October as imports outpaced exports, official data showed, adding fresh pressure on the external account.
By: hammadkhaksar
NEPRA Raises Power Tariff by Rs2.37 a Unit
Electricity bills will rise in November after the power regulator approved a fuel cost adjustment of Rs2.37 per unit for September, a charge that will recover around Rs25 billion from consumers across the country.
By: hammadkhaksar
China Blocks SoftBank’s $5.4bn ABB Robotics Deal
China has blocked SoftBank’s $5.4 billion takeover of ABB’s robotics business on national security grounds, dealing a major setback to the Japanese group’s push into AI-powered automation.
By: hammadkhaksar
Pakistan to Resume Offshore Oil and Gas Exploration After 20 Years
A Turkish seismic survey vessel will arrive in Karachi between November 17 and 20, marking the return of offshore oil and gas exploration in Pakistan after a gap of two decades.
By: hammadkhaksar
Pakistan Marketing Exports Jump 19% to $30.7 Million
Pakistan earned $30.7 million from advertising and market research exports in July–September 2026, up 19% on a year earlier, State Bank data shows.
By: hammadkhaksar
PM Orders Cashless Roadmap, Raast Deadline of Nov 16
PM Shehbaz Sharif has ordered a roadmap for a full switch to digital payments by 2030, with government payments moving to Raast from November 16.
By: hammadkhaksar
Pakistan Trade Deficit Widens 16% to $14.63 Billion
Pakistan’s trade deficit widened 15.97% to $14.63 billion in July-October as exports fell 4.35% and imports rose 6.65%, official data shows.
By: hammadkhaksar
Developing nations’ debt hits record $9.4 trillion
The World Bank says the external debt of developing countries jumped at its fastest pace since the pandemic to a record $9.4 trillion in 2025, with the poorest nations paying the highest borrowing costs in decades.
By: hammadkhaksar
Stocks surge, oil plunges over 8% after US vote
Wall Street jumped and crude fell sharply as markets read the US election result as a step towards an end to the Iran war, with the Dow up 3% and Brent below $95 a barrel.
By: hammadkhaksar
PSX investor base hits record 681,965 in October
A record month of new accounts took Pakistan’s stock market investor total close to 700,000, with young investors leading the surge.
By: hammadkhaksar
Gold edges higher to $3,931 as oil prices ease
Softer oil and a weaker dollar gave gold a small lift on Wednesday, while traders waited for US election results and jobs data.
By: hammadkhaksar
Rs2.4bn refunds paid, Rs9bn more coming, says FBR
The tax authority says it has cleared a first wave of refund claims and will release billions more in the coming weeks, after meeting a delegation of tea importers about their pending cases.
By: hammadkhaksar
GCC opens anti-dumping probe into paper imports
The Gulf Cooperation Council has launched an investigation into uncoated paper imports from India, China and Thailand, after a preliminary report by its trade-remedies office.
By: hammadkhaksarADاشتہار / AdvertisementGoogle Ad