KARACHI: The Indian tyre industry is gearing up to capture world markets, while Pakistani counterparts are finding it hard to operate even in domestic market, which is 80 per cent dominated by smuggled and imported tyres...
There are 40 listed tyre companies in India against total eight companies in Pakistan and of which only one is listed and manufactures passenger radial tyres...
ISLAMABAD: The Federal Board of Revenue (FBR) has detected tax evasion of Rs898...
4 million over a period of five years
KARACHI: A local tyre manufacturer has expressed concern over the budgetary proposal of reducing up to 40pc duty on imported tyres...
A spokesman of General Tyre and Rubber Company in a statement said the proposed reduction in import duty of passenger cars tyres from 25pc to 15pc and light truck tyre from 20pc to 15pc would hurt the government’s revenue target as the import trade prices (ITP’s) are low and do not reflect reality... ...
RAWALPINDI: An Airblue aircraft narrowly escaped accident when one of its tyres burst during landing at Benazir Bhutto International Airport (BBIA) on Friday, airport officials said...
Flight PA 271 coming from Jeddah landed at Islamabad airport when one of its tyres burst, causing the aircraft to tilt towards its side after landing
And this time, it is the rubber growers who are having an upper hand, as the tyre and other rubber-consuming industries complain of escalating prices...
Last week, tyre makers in India bemoaned that the industry is caught between a rock and a hard place: while natural rubber prices are soaring, tyre imports are also ballooning, hurting the domestic tyre manufacturers...
MADRID: A huge waste ground near Madrid where millions of tyres have been dumped was on fire on Friday, releasing a thick black cloud of toxic fumes that officials worry could harm residents nearby...
The government of the Castilla-La Mancha region where the dump is located, just dozens of kilometres south of the Spanish capital, said it had activated an emergency action plan
LAHORE: The town municipal officials have given a warning to Naulakha tyre market traders to follow the dengue regulations and standard operating procedures or face sealing of their shops...
“Starting a new tyre manufacturing business in Pakistan has become very capital intensive over the years...
“The costs of making tyres (for cars, buses, tractors, dumpers, OTR (off-the-road) vehicles, industry, etc) locally has gone up sharply because we do not produce raw materials — rubber, chemicals, bead wire, special fabric, etc —, or have a vending industry to support the (end tyre) manufacturers,” argued Awais Piracha, whose...
“There is no local truck tyre manufacture, and for passenger tires we will aim for higher end, radial tires which are mostly imported into Pakistan...
”He wants to hit breakeven within 3 years, given the import protections and that there is no TBR (Truck Bus Radial) tyre producers in the country, “depending on how we finance the project”...
KARACHI: A leading tyre manufacturer on Tuesday urged the government to withdraw the decision of discontinuation of stamping of goods in transit to Afghanistan, stressing the move will hurt the local industry and reverse all the efforts of curbing illegal practices of smuggling...
In a statement, General Tyre and Rubber Company of Pakistan (GTR) spokesman said stamping must be mandatory for goods in transit to Afghanistan...
HYDERABAD: Police finally managed to get hold of an apparently mentally-disturbed man after breaking open the door of his apartment in a building near Pakora stop in Qasimabad on Saturday where he was allegedly holding his family members hostage at gunpoint...
Besides, he told journalists and other people from inside his flat that his land in Tando Mohammad Khan had been occupied but he did not get justice, said the police...
GUJRAT: The Irrigation department could not complete the repair work of those embankments and spurs along the Gujrat side of the river Chenab that had been badly hit by the last year’s flood...
When media highlighted the issue, the provincial government and the provincial disaster management authority (PDMA) had taken notice of the matter and a sum of Rs 130 million was approved for the repair and construction of some portions of the...
ISLAMABAD: Strains in the Pak-US relationship appear to be disappearing fast as the two sides on Thursday agreed to continue bilateral engagement at all levels and reinvigorate relationship to achieve the common objective of defeating terrorism...
The consensus was reached when an interagency US delegation led by Lisa Curtis, deputy assistant to the president and National Security Council senior director for South Asia, visited here and...
GUJRAT: The Punjab Disaster Management Authority (PDMA) has asked the provincial irrigation department and the Gujrat district government to take steps for the repair of the damaged spurs along the River Chenab in Gujrat tehsil prior to the rainy season...
He directed the irrigation department to call for tenders for starting the damaged spurs’ repair to save lives and properties in any flood situation...
PESHAWAR: Minister of State for Water and Power Abid Sher Ali on Wednesday directed immediate repair of the faulty air-conditioners at the surgical ward of the Lady Reading Hospital...
During his visit to the surgical ward of the hospital the patients complained that despite repeated requests, the hospital administration didn’t repair the faulty air-conditioners...