Pakistan Railways incurs Rs187bn loss in five years

LAHORE: Pakistan Railways disclosed a loss of Rs187 billion to the national exchequer over the past five years to the senate. The senate...

International tenders for ML-1 on Sept 12, announces minister

LAHORE: Railways Minister Sheikh Rasheed Ahmad said on Saturday that international tenders for Mainline-1 (ML-1) project would be issued on September 12. Addressing a...

ECNEC approves $6.8bn for Pakistan Railways’ ML-1 Project

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved the project of Pakistan Railways for the up-gradation of...
Gen Asim Bajwa

CPECA chief says financing matters with Chinese govt for ML-1 at advanced stage

ISLAMABAD: China Pakistan Economic Corridor (CPEC) Authority Chairman General (retired) Asim Saleem Bajwa has said the financing matters with the Chinese government...

Railways plans to outsource 16 trains on different routes

ISLAMABAD: Pakistan Railways is planning to outsource as many as 16 trains on different routes across the country to earn more revenue...

Railways suffers Rs410m loss in train accidents

ISLAMABAD: The Pakistan Railways faced around Rs 410 million losses in result of train accidents on the entire railways network across the...
Sheikh Rashid

2020 declared ‘Freight Year’ to make Railways profitable: minister

FAISALABAD: Railways Minister Sheikh Rashid Ahmad said on Friday that Pakistan Railways had declared 2020 as the Freight Year to make the...

ML-1: Railways submits updated PC-1

LAHORE: The Pakistan Railways on Wednesday submitted the updated PC-1 of Main Line-1 (ML-1) project to the Ministry of Planning, Development and...

Train fares likely to increase by up to 15pc

LAHORE: Due to the recent rise in petroleum prices, train fares are expected to increase by 2 to 15 per cent, sources...

Railways earns Rs39bn till March 2019

ISLAMABAD: Pakistan Railways generated Rs39.01 billion up till March 2019 which is Rs3.71 billion more than the same period of previous financial...

Economic growth not possible without political stability: minister

– Sh Rashid says the govt had no other option but to approach IMF for assistance – KCCI official says the business community...

Chinese company calls on Sheikh Rasheed, discusses railways projects

ISLAMABAD: China Harbour Engineering Company’s (CHEC’s) General Manager, Wang XiaoFeng Thursday called on the Minister for Railways Sheikh Rasheed Ahmad at the...

Railways CPEC projects to be re-evaluated: Sh Rashid

PM to inaugurate two trains on Sept 14 LAHORE: Federal Railways Minister Sheikh Rashid Ahmad has said that Railway projects under China-Pakistan Economic...