Business Recorder helps its readers by compiling what it sees as important updates from the previous day to save your valuable time and effort.

Here are the top stories you should read to start your day:

• SC says reserved seats cannot be allocated in deviance from principle of proportional representation

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• Operation Azm-e-Istehkam to energise IBOs without population displacement: PM Shehbaz

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• PIA bidding process to take place in first week of August

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• Honoraria for NA, Senate staff but no change in tax rates for salaried group as Aurangzeb wraps up budget discussion

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• Operation Azm-e-Istehkam not political but national security effort: Asif

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• Sugar export: Govt to scrap permission if retail prices raised

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