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Pakistan Railways (reporting mark PR) (Urdu: پاکستان ریلویز) is the national, state-owned railway company of Pakistan with its headquarters in Lahore. Founded in 1861 as the North Western State Railway and headquartered in Lahore, it owns 7,789 kilometres (4,840 miles) of operational track across Pakistan, stretching from Peshawar to Karachi, offering both freight and passenger ...
Karachi–Peshawar Railway Line ( Urdu: کراچی–پشاور مرکزی ریل راستہ, romanized : karāčī-pešāvar markazī rēl rāsta) (also referred to as Main Line 1 or ML-1) is one of four main railway lines in Pakistan, operated and maintained by Pakistan Railways. The line starts from Kiamari station in the province of Sindh ...
CIT Group ( CIT ), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
The Ministry of Railways ( Urdu: وزارت ريلوے, Wazarat-e-Railway, abbreviated as MoR) is a ministry of the Government of Pakistan tasked with planning, administrating and overseeing government policies for the development of the national rail network, Pakistan Railways. Originally a department of the Ministry of Communications, in May ...
The first state-run chit fund, Kerala State Financial Enterprises, was established in 1969 by the Kerala government. Its explicit purpose was to provide an alternative to unscrupulous private-sector chit fund organizers. In 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds.
The CPEC project emphasises major upgrades to Pakistan's aging railway system, including rebuilding of the entire Main Line 1 railway between Karachi and Peshawar by 2020; this single railway currently handles 70% of Pakistan Railways traffic. As of 25.05.2022 this project is in doldrums due to reluctance of China to provide funds.
Rail transport in Pakistan began in 1855 during the British Raj, when several railway companies began laying track and operating in present-day Pakistan. The country's rail system has been nationalised as Pakistan Railways (originally the Pakistan Western Railway ). The system was originally a patchwork of local rail lines operated by small ...
ISLAMABAD (Reuters) -Pakistan will discuss an Extended Fund Facility (EFF) with the International Monetary Fund (IMF) in Washington next month, Finance Minister Muhammad Aurangzeb said on Friday ...