The Federal Board of Revenue (FBR) has introduced a provision in the Finance Bill for the fiscal year 2026-27 requiring all banks and Electronic Money Institutions (EMIs) in Pakistan to upload specified account holder data to a Central Data Hub maintained by the FBR. This measure is aimed at enhancing the detection of tax evasion…
Details of vivo’s upcoming X500e smartphone have been revealed through a recent leak, offering insights into the device’s key specifications ahead of its anticipated launch in September. The new model is expected to expand vivo’s X500 series lineup with notable hardware upgrades. According to a source on Weibo, the vivo X500e will be powered by…
US officials and mining industry leaders are convening in Astana, Kazakhstan, to advance investments in Central Asia’s critical minerals sector, aiming to reduce dependency on Chinese supply chains. The Astana Mining & Metallurgy Congress (AMM-2026), taking place on June 11-12, is a significant milestone for the C5+1 Dialogue, which seeks to deepen economic, educational, and…
Oil production among members of the Organization of the Petroleum Exporting Countries (OPEC) has fallen to its lowest level since the year 2000. According to a Reuters survey of OPEC’s output, the average daily production in May 2026 dropped to approximately 16.13 million barrels, marking a significant decline amid ongoing geopolitical challenges in the Middle…
Instagram, one of the leading social media platforms globally, has introduced a new feature allowing users to rearrange their photo grids on mobile devices. This update offers users enhanced customization options to organize their profiles visually according to their preferences. The innovative feature enables users to change the order of their posted photos, regardless of…
A recent report by the Policy Research and Advisory Council (PRAC) highlights that rising fuel taxes are a significant contributor to Pakistan’s escalating inflation rates. The study indicates the petroleum levy, once a tool for managing prices, has increasingly become a vital source of government revenue, substantially impacting fuel costs and overall inflationary trends. Inflation…
In a brazen daylight robbery, five armed assailants aboard three motorcycles snatched 55 expensive mobile phones from a trader near Karachi’s highly secured Red Zone. The incident, which caused alarm among the local business community, involved the theft of high-value smartphones along with two cartons and a bag containing the stolen devices. Following the incident,…
Over 20,000 Instagram accounts were compromised due to a vulnerability in Meta’s AI-powered account support chatbot, exposing significant risks in automated moderation systems. Attackers used a simple tactic, requiring minimal technical expertise, to trick the AI into sending account verification codes to email addresses under their control rather than to the legitimate owners. The breach…
A recent study by the United States National Bureau of Economic Research has found a significant correlation between the rise of smartphone use and a sharp decline in birth rates across America—specifically noting a 22 percent decrease since the introduction of the first iPhone in 2007. The research analyzed birth rate trends from the period…
Morgan Stanley analysts have projected a significant surge in Asian liquefied natural gas (LNG) prices, predicting they will reach their highest point in three and a half years during the latter half of 2026. This forecast comes amidst rising demand driven by increased electricity consumption during the summer months and the European Union’s effort to…