A representational image of Gold on weight machine. — Reuters/FileGold regained upward momentum on Tuesday in both local and international markets, with prices in Pakistan soaring by Rs24,000 per tola after a decline the previous day.According to the All Pakistan Sarafa Gems…
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Pakistan assures IMF of ‘ending subsidy’ for 200-unit power consumers

The International Monetary Fund logo is seen outside the headquarters. — Reuters/FileNew subsidy model aims to curb misuse.E-Abiana system expansion planned nationwide.IMF board to review RSF tranche tomorrow.
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ADB forecasts Pakistan growth at 3.5%, warns of Middle East risks

An image of the Asia Development Bank’s logo. — Reuters/FileGrowth seen rising to 4.5% next year.Inflation projected at 6.4% this fiscal year.Middle East conflict seen as major external risk.
ISLAMABAD: The Asian Development Bank has forecast Pakistan’s economy to grow by…
Airbus A320 flies past Boeing 737 as most-delivered jet in history

An Airbus 320-200 aircraft of Colombian airline Avianca takes off from El Dorado Airport in Bogota, Colombia, June 6, 2016.—Reuters
Milestone follows fierce competition in busiest part of market.Airbus narrow-body jet was launched in 1984, first flew in 1987.Both planemakers…




