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IHC adjourns £190m case hearing on Safdar’s request, sets May 20

NAB opposes adjournment of appeals, but court grants a final deadline for concluding arguments PTI Founder Imran Khan. Photo: File ISLAMABAD: The Islamabad High Court (IHC) on Thursday adjourned the hearing of the main appeal against the conviction in the £190 million corruption case until May 20, accepting a request by Pakistan Tehreek-e-Insaf founding chairman … Read more

India, Vietnam target $25b trade

NEW DELHI: India and Vietnam are looking to ramp up bilateral trade to $25 billion by 2030, Prime Minister Narendra Modi said Wednesday, following talks with President To Lam in New Delhi. “Bilateral trade between India and Vietnam has doubled in the last decade and reached $16 billion. Today, we have taken several important decisions … Read more

Salt firm transitions to hybrid solar-battery system

[ Initiative will save 360,000 litres of diesel imports annually, ease pressure on forex KARACHI: In a move towards industrial energy self-reliance, Pakistan’s HubSalt has signed a first-of-its-kind agreement with Chinese firm Livoltec to install a hybrid solar and battery storage system. The agreement was signed in Karachi by Hub Salt CEO Ismail Sattar and … Read more

Pakistan, US eye fair trade deal

[ ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a virtual meeting with Rick Switzer, Deputy US Trade Representative (USTR), to discuss bilateral trade ties, advancing ongoing negotiations and exploring new avenues of economic cooperation between the two countries, according to an official statement issued on Wednesday. Deputy USTR Switzer appreciated Pakistan’s constructive role … Read more