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Pakistan Railways has recently increased the insurance coverage provided to its passengers, raising the amount from Rs1.5 million to Rs2.5 million. The designated beneficiaries of a deceased passenger involved in a train accident would get a compensation amount of Rs2.5 million. In the event of a disability, the insurance compensation provided will amount to Rs0.3 … Read more
LAHORE: The occurrence of a fatal accident involving the Hazara Express, resulting in the loss of 35 lives and injuries to 100 individuals, has prompted renewed inquiries into the state of train safety inside the nation, particularly in light of a series of like occurrences in recent times. Numerous countries not only make substantial annual … Read more
In the sweltering summer heat, Yang Guoyu, a railway engineer, together with his colleagues, diligently conducted a series of tasks on a railway in Haining City, located in Zhejiang Province. These tasks included meticulously inspecting the bolts and accurately measuring the track gauge. This arduous process lasted for approximately thirty minutes. In order to thoroughly … Read more
The largest railway bridge in the nation, the Bangabandhu Sheikh Mujib Railway Bridge (BSMRB) over the Jamuna River, has currently had about 69% of its construction work finished. The persistent efforts of local and foreign employees have allowed 68.79 percent of the railway bridge to be seen. BSMRB Project Director (PD) Al Fattah Md Masudur … Read more
The consortium responsible for the $7.3 billion high-speed rail line in Indonesia has announced a postponement of the free trial launch until the next month. This delay is another setback for the flagship project, which is sponsored by China. The consortium known as PT KCIC, comprising state-owned businesses from Indonesia and China, has stated that … Read more
In the dynamic and evolving realm of financial markets, it is imperative for both investors and enthusiasts to stay abreast of fluctuations in gold prices. As of August 8, 2023, the observed price of 24-karat gold in Pakistan stands at Rs. 219,000 per tola. This scholarly paper explores the complexities behind the present gold rates, … Read more
The State Bank of Pakistan (SBP) has taken a significant determination to retain the interest rate at 22 percent. The press was addressed by Jameel Ahmad, the Governor of the State Bank of Pakistan (SBP), subsequent to the convening of the Monetary Policy Committee (MPC) meeting in Karachi on Monday. During this address, it was … Read more
According to data from the State Bank of Pakistan, the open market exchange rate of 1 AED is now equal to PKR 77.19 in Pakistan. The open market, interbank exchange, and currency exchange all have different buying and selling rates for the Dirham to PKR. The price of the dirham in Pakistan has dropped by … Read more
According to General Manager Arun Kumar Jain, Hyderabad station is set to undergo a comprehensive renovation worth 309 crore rupees in the coming years. This redevelopment is part of the Amrit Bharat Station Scheme (ABSS), which aims to revamp 50 railway stations in the South Central Railway (SCR) region. The planned improvements include tripling the … Read more
The Colombian government aims to secure approval for new railway legislation during the initial half of 2024, with the intention of replacing the existing law that has been in effect for over a century. This proposed legislation seeks to enhance the multimodal transportation system within the country. The existing legislation is perceived as inadequate in … Read more