KARACHI: The annual consumption for automotive tyres in Pakistan is around 14 million and half of the demand is met through smuggling, said Hussain Kuli Khan, chief executive officer of Ghandhara Tyre and Rubber Company Limited (formerly known as General Tyres). He said around 15 per cent demand is met by domestic production, while the … Read more
KARACHI: An accountability court in Karachi indicted former federal minister for petroleum Dr Asim Hussain in 2016 for allegedly curtailing gas supply to the agriculture sector to benefit a particular group associated with the fertilizer industry, inflicting a cumulative loss of Rs462.5 billion to the national exchequer. The National Accountability Ordinance 1999 provides for the … Read more
By improving its production efficiency, fertiliser industry can contribute up to $1 billion annually to the national exchequer, a senior official of Engro Fertilizers, said. “By exporting 0.8 million tonnes of urea we can earn in the range of $500 million to $900 million, depending on the international prices. But by de-bottlenecking the production capacity … Read more
LAHORE: Lahore High Court on Thursday sought a reply from the federal government on a petition against issuing free air tickets to families of members of parliament. Read more: Lahore court extends Shehbaz, Hamza’s pre-arrest bail in Ramzan Sugar Mills case A citizen, Farid Ali, filed the petition, saying 25 annual free return airline tickets are … Read more
Corruption of billions of rupees has been revealed in National Highway Authority (NHA) projects under previous governments. According to the details, federal minister Murad Saeed presented the report of corruption in NHA projects under previous governments to Auditor General of Pakistan. In the report, corruption in NHA projects of Lowari Tunnel and Gawadar-Ratto Dero project … Read more
