Business - DAWN.COM

E-Paper | July 04, 2026

Govt slashes petrol, diesel prices by Rs1.97

The petrol price has undergone successive downward revisions, with a cumulative reduction of about Rs109 per litre.

Updated 04 Jul, 2026 07:00am

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
TCORPR2	4.42	1	29.24 ▲	976,844
DWSMNC	7.98	0.96	13.68 ▲	3,866,818
ANSM	31.3	2.85	10.02 ▲	1,739,254
DFSM	29.88	2.72	10.02 ▲	5,596,344
GEMMEL	24.73	2.25	10.01 ▲	59,006

Company	Price	Change	Change %	Volume
FFLM	24.03	-2.67	-10.00 ▼	1,388,482
CHAS	132.21	-14.24	-9.72 ▼	393,386
UBLPETFXD	30.75	-2.72	-8.13 ▼	3,681,500
FIMM	219.97	-14.2	-6.06 ▼	389
ASHT	35.31	-2.06	-5.51 ▼	5,954

Source: PSX | Updated Jul 03, 2026

Several factories shut down as 18pc sales tax cripples cotton ginning

The sudden shutdowns result directly from the federal government’s failure to reduce the crushing 18 per cent sales tax on the cotton ginning sector in the recent federal budget.

Published 04 Jul, 2026 07:30am

Costly energy, food fuel weekly inflation

Short-term inflation rises 13.52pc year on year for the week ending July 2.

Published 04 Jul, 2026 04:55am

Branded Content

K&N's SmartCooking Recipes: Bologna Slices Sandwich

A hearty bologna sandwich with cheddar, a fluffy vegetable omelette, crisp salad and a creamy sweet chilli mustard sauce, folded and toasted until golden.

K&N's SmartCooking Recipes: Pepperoni Pizza

A classic pepperoni pizza topped with melted cheese, black olives and a hint of chilli for a deliciously satisfying bite.

Resecurity partners with BankIslami Pakistan to enhance digital risk monitoring and cyber threat intelligence

The partnership marks a significant step in strengthening BankIslami's cybersecurity posture through cutting-edge intelligence capabilities.

Regulatory model falls flat as LPG sells at double price in Punjab

Enforcement teams claim to have acted against profiteers.

Updated 04 Jul, 2026 08:50am

Companies’ enrolment surpasses 300,000 mark

43,559 new companies have been registered in 2025-26, a 24pc increase over the previous fiscal year.

Published 04 Jul, 2026 04:55am

Tariff disparity threatens auto assembly

The new tariff structure makes importing a fully assembled vehicle more economical than manufacturing one domestically.

Published 04 Jul, 2026 04:55am

PSX hits 185,000 milestone after five months

Lower oil prices and hopes of monetary easing sustain investor confidence.

Published 04 Jul, 2026 04:55am

SC upholds Trading Corporation of Pakistan's guarantee forfeiture in old urea dispute

Disposes of appeals against a Sindh High Court judgment arising from a 2005 contract for the import of 50,000 metric tonnes of urea.

Updated 04 Jul, 2026 08:05am

Senate panel calls for probe into foreign-funded power projects

Decision taken unanimously by Senate Standing Committee on Economic Affairs Division; division says it cannot directly order FIA, NAB inquiry into another ministry’s projects.

Published 03 Jul, 2026 07:01am

Economic Coordination Committee approves 175,000 tonnes of wheat for Pakistan Army

Also approves a Rs4.188bn severance package to the Pakistan Agricultural Storage and Services Corporation and auction of 8,198 tonnes of flood-damaged wheat.

Published 03 Jul, 2026 07:58am