Business - DAWN.COM

E-Paper | June 11, 2026

Economy grows 3.7pc in FY26 — fastest in four years, but short of target

Economy grows 3.7pc in FY26 — fastest in four years, but short of target

PES 2025-26 reports "historic" primary surplus and multi-year-high reserves; on flipside, poverty climbed to 28.9pc in 2024-25 and April inflation hit 10.9pc.

Updated 11 Jun, 2026 06:42pm

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
FFLM	10.67	1	10.34 ▲	4,700,342
JATM	26.25	2.39	10.02 ▲	30,668
BPL	62.55	5.69	10.01 ▲	97,432
PPVCNC	23.63	2.15	10.01 ▲	4,651
REDCO	31.55	2.87	10.01 ▲	29,915

Company	Price	Change	Change %	Volume
DBCINC	7.36	-0.84	-10.24 ▼	557,631
IDRT	57.68	-6.41	-10.00 ▼	148,471
TCORPCPSXD	10.94	-1.21	-9.96 ▼	545,047
PASMNC	7.23	-0.66	-8.36 ▼	383,431
SSMLNC	22.76	-2.02	-8.15 ▼	5,469

Source: PSX | Updated Jun 10, 2026

National Economic Council trims uplift plans for FY26-27; Punjab takes biggest hit

National Economic Council trims uplift plans for FY26-27; Punjab takes biggest hit

Overall development outlay slashed by 25pc to Rs3.218tr; no new projects except for interior, defence ministries; federal PSDP reduced to Rs1tr.

Published 11 Jun, 2026 08:40am

Income tax may fall for some salaried segments in upcoming budget

Income tax may fall for some salaried segments in upcoming budget

Those earning between Rs230,000-Rs341,000 per month likely to get some relief; maximum tax rate expected to be lowered from 35pc to 30pc.

Published 11 Jun, 2026 07:19am

Branded Content

The Palms at Silk Gardens introduces a new family address in Karachi

The Palms at Silk Gardens introduces a new family address in Karachi

The Palms places families at the heart of its vision, offering thoughtfully planned 2 and 3-bedroom units in a secure, peaceful and community-led environment.

K&N's SmartCooking Recipes: Pancake Sliders

K&N's SmartCooking Recipes: Pancake Sliders

Fun and tasty pancake sliders layered with crispy nuggets, fried egg, fresh salad and creamy sauces for a playful twist on a classic snack.

Airlink launches Hisense in Pakistan, ushering in a new era for consumer electronics nationwide

Airlink launches Hisense in Pakistan, ushering in a new era for consumer electronics nationwide

Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, has formally launched Hisense in Pakistan,

Pakistan’s trade with Central Asia faces snags

Pakistan’s trade with Central Asia faces snags

Exports fall 9pc and imports plunge 88pc due to Afghan route closure.

Published 11 Jun, 2026 07:07am

$4.5bn refinery planned in Hub

$4.5bn refinery planned in Hub

Project to create 2,000 jobs, strengthen energy security.

Updated 11 Jun, 2026 07:38am

Mari Energies gas sale to unlicensed entities sparks regulatory row

Mari Energies gas sale to unlicensed entities sparks regulatory row

A complaint has been lodged over the sale of 35pc of gas from the Spinwam Gas Field to unlicensed entities.

Published 11 Jun, 2026 07:51am

Equities lose 903 points on nervous selling

Equities lose 903 points on nervous selling

Geopolitical risk, oil surge drag index below 170,000-level.

Published 11 Jun, 2026 07:07am

Finance Minister Aurangzeb to present budget for FY2026-27 on June 12

Finance Minister Aurangzeb to present budget for FY2026-27 on June 12

Adviser to minister says Pakistan Economic Survey FY 2025-26 to be launched on Thursday.

Updated 10 Jun, 2026 09:32pm

Centre, provinces 'made decisions in the best interest of Pakistan', PM says in NEC meeting

Centre, provinces 'made decisions in the best interest of Pakistan', PM says in NEC meeting

PM Shehbaz says consultations held "on all matters with extreme seriousness".

Updated 10 Jun, 2026 08:31pm

Dar-led committee decides to extend closing time for standalone grocery, kiryana stores to 10pm

Dar-led committee decides to extend closing time for standalone grocery, kiryana stores to 10pm

Committee recommends extension of fuel-conservation measures till June 30.

Updated 10 Jun, 2026 01:34pm

Budget battles: Who really shapes country’s finances?

Budget battles: Who really shapes country’s finances?

Delays in holding NEC meeting show that the edifice is cracking under the strains of operating within its limits

Delays in holding NEC meeting show that the edifice is cracking under the strains of operating within its limits

The ideological debate between regulation and deregulation is largely misplaced

The ideological debate between regulation and deregulation is largely misplaced

Highlights

Small traders tax scheme — less a reform, more a negotiated settlement with one of the most under-taxed constituencies

Small traders tax scheme — less a reform, more a negotiated settlement with one of the most under-taxed constituencies

Agriculture: Livestock potential for economic growth

Agriculture: Livestock potential for economic growth

A new tightrope budget

A new tightrope budget

The futility of taxing the overtaxed

The futility of taxing the overtaxed

Soybean — a crop of promise and constraints

Soybean — a crop of promise and constraints

Deepening food insecurity

Deepening food insecurity

Business & Finance

COMPANY NEWS

Greener Pakistan

CORPORATE WINDOW: No relief measures expected

CORPORATE WINDOW: No relief measures expected

Prospects for strong industrial growth remain constrained under the current IMF programme, as fiscal consolidation and revenue generation continue to be key priorities.

The human capital imperative

Countries do not become wealthy because of natural resources alone, but through a strong base of skilled workers

New millionaires

Soaring stock markets created nearly 2m new millionaires around the world last year, with the ultra-rich seeing the...

Building AI infrastructure

Alphabet plans to sell $80bn in stock, including through a $10bn investment by Berkshire Hathaway, to fund...

Data points

Data points

Spending time at home

Fixing population trends

India has a total fertility rate (a measure of children per woman) of 1.9, which is continuing to fall, owing to...

Highest delinquencies

Americans are falling behind on their $1.25tr credit-card bill, with soaring interest rates and stubborn inflation...

Newspaper

Remittances hit record $4.3bn in May

Pakistan’s trade with Central Asia faces snags

$4.5bn refinery planned in Hub

Mari Energies gas sale sparks regulatory row

Oil jumps after Trump renews threats

DPC doubles deposit cover

Gold prices fall

Equities lose 903 points on nervous selling

82pc Pakistanis use AI shopping, finds Visa study

Kenyan export levy may raise tea prices

Govt fuel levy drives cost-push inflation

Oil prices fall to seven-week low

PM Shehbaz directs speedy privatisation of power firms

Nuvei to acquire Payoneer

Artificial sweeteners hurting mango industry

Centre’s debt jumps

Karachi tax help desk

Bulls toss index above 170,000-milestone

Govt mulls easing curbs to facilitate asset transfer

Broaden tax net, cut tariff distortions: Sustainable Development Policy Institute

Balochistan trade bodies threaten strike

Business leaders seek restoration of Final Tax Regime

Oil prices pare gains

Pak-Iran border trade halt to trigger LPG shortages