13:11
Initiatives to promote use of renewable energy in have been focusThree new railway factories have been introducedDedicated freight corridor to reduce transit time’ by half’
13:06
FDI being enabled to foster creation of world-class rail infrastructure; several PPP projects in pipeline. Rail infrastructure by cost sharing with govts of Karnataka, Jharkhand, Andhra Pradesh and Haryana.
13:04
Operating ratio likely to be 90.8 per cent; Railways will end current year with surplus: Kharge.
13:03
Rail Land Development Authority has raised Rs 937 crore so far: Kharge.
13:03
Nanded – Aurangabad Express (Weekly) via Purna, ParbhaniNagpur – Rewa Express (Weekly) via SatnaNagercoil – Kacheguda Express (Weekly) via Karur, Namakkal, SalemPune – Lucknow Express (Weekly) via Khandwa, Bhopal, Bina, Jhansi, KanpurRamnagar – Chandigarh Express (Weekly) via Moradabad,...
13:02
Hyderabad – Gulbarga Intercity (Daily)Jaipur – Chandigarh Intercity (Daily) via Jhajjar;Kacheguda – Tirupati Double Decker Express (Bi Weekly);Kota – Jammu Tawi Express (Weekly) via New Delhi, AmbalaKanpur – Bandra (T) Express (Weekly) via Kasganj, Mathura, KotaLucknow – Kathgodam...
13:00
The 38 Express Trains are as follows: Ahmedabad – Katra Express (Weekly) via Palanpur, Jaipur, Rewari, Hisar, Bathinda, AmritsarAhmedabad – Lucknow Jn Express (Weekly) via Palanpur, Jaipur, Bandikui, Mathura, KasganjAhmedabad – Allahabad Express (Weekly) via Jalgaon, Khandwa, Itarsi, Satna,...
12:48
The 17 premium are as follows:Howrah – Pune AC Express (Bi-weekly) via Nagpur, ManmadKamakhya – New Delhi AC Express (Weekly) via Chhapra, VaranasiKamakhya – Chennai AC Express (Weekly) via Malda, HowrahMumbai – Howrah AC Express (Bi-weekly) via Nagpur, RaipurMumbai – Patna AC Express...
12:44
Titagarh Wagons: We would have loved to seen more announcements on FDI, PPP and investmentsTitagarh Wagons: Will have to wait for the next few months for the full Railway budgetMythili Bhusnurmath: Thankful that he did not announce populist measuresRaghu Dayal: Railways are incurring annual loss...
12:42
Ten passenger trains will also be launched.Independent Rail Tariff Authority set up to advise on fixing of fares and freight, to engage all stakeholders.
12:38
Freight rates remain untouched
12:38
Amid chaos, the Railway Budget speech has come to an abrupt end. Some reports are claiming the Parliament has been adjourned for the day. The vote-on-account documents will be tabled in Parliament.Premium AC Sspecial train in Delhi-Mumbai sector with shorter advance reservation period and...
12:34
Ramesh Chandak: Indusrty was expecting more concrete proposalsMallikarjun Kharge: FY15 gross traffic receipts seen at Rs 1.16 lakh croreRailways losing 0.5% market shares every yearNeed budgetory resources of Rs 19,805 crore for FY15Need urgent investment is railways to improve servicesDedicated...
12:29
Rail Min seeks okay for spending for 1st 4 months of FY15Need to take serious note of needs of the rails: KhargeCompleted electrification of 4556km Vs 4500km aim: MinSet up 2207km of new lines in 11th 5-year plan: Min`Will provide funds for some pressing nat'l projects`Setting up 11.2 km-long...
12:26
2702 kms of new railwaysMallikarjun Kharge: Will commission dedicated freight lines
12:25
Meghalaya set to come on rail map as part of extension of network in the Northeastern states.
12:24
More high-speed trains to be launched: Kharge.
12:23
Electrification of over 4,000 km planned
12:20
Arunachal, Meghalaya to have better connectivityKharge: Railways provide low cost connectivity to all parts of IndiaMallikarjun Kharge: Thankful for Sonia gandhi for this opportunity
12:19
Banihal link is an engineering marvelPassenger rail service to Katra and Vaishnodevi to start shortly
12:18
Dedicated Eastern and Western corridor shortlyPlanning investment and huge expansionPassenger trains to Vaishno Devi soon
12:16
Kharge said: This pan-Indian organisation needs to be nurtured, adding Railways influence all aspects of our life.
12:13
Railways contribution is unprecedented, says Kharge.Railways provide low cost connectivity to all parts of India
12:12
Kalindee Rail stock up
12:11
Umesh Choudhary of Titagarh Wagons told CNBC that there’s a little possibility of reducing passenger rail fares, but feels that the Railway Minister may introduce variable passenger component.CAG exposes alleged irregularities that cost Railways Rs 2,486 croreEmployee-friendly announcement for...
12:10
Umesh Choudhary of Titagarh Wagons told CNBC that there’s a little possibility of reducing passenger rail fares, but feels that the Railway Minister may introduce variable passenger component.CAG exposes alleged irregularities that cost Railways Rs 2,486 croreEmployee-friendly announcement for...
11:58
Under the dual pricing system introduced in May-July 2008, the freight rate for transporting iron ore for non-domestic consumption was more than three times the fixed rate to transport coal for domestic consumption.The report said about Rs 15,500 crore was to be recovered as penalty and recovery...
11:55
Between 2008 and 2012, Indian Railways lost revenue of about Rs 4,300 crore due to failure to ensure proper documentation of transporting iron ore under the dual pricing system, according to the Comptroller and Auditor General (CAG).In a report tabled in Parliament on Tuesday, CAG said the...
11:51
Rupee trims initial gains vs dollarThe rupee trimmed its initial gains against the American currency, but was still quoted higher by seven paise to 62.15 per dollar on selling of greenbacks by banks and exporters due to weakness of dollar overseas amidst firm equity market.The rupee resumed...
11:29
The govt is likely to adopt deficit financing to bridge the gap between expenditure and revenue.Interim rail budget to focus on electrification so that dependence on diesel is less.CAPEX on wagons, signalling systems & safety devices is ruled out: Kim Eng India
11:26
Spectrum auction takes off on 9th daySpectrum auction took off today from Rs 58,980.29 crore mark with demand for the premium 900 Mhz band seemingly tapering off at the end of 56 rounds.The pace of bidding at the end of 56 rounds slowed down compared to the trend seen in the past 8 days.At the...
11:18
The 30-share BSE Sensex is up 141 points at 20,504.29, while the NSE Nifty is up 39 points at 6,101.90.
11:06
The Department of Industrial Policy and Promotion (DIPP) has proposed 100 per cent FDI through automatic route in the cash-starved railways sector.According to the proposal, FDI will be allowed in sub-urban corridor, high-speed train systems and dedicated freight line projects implemented in PPP...
10:59
The Union Cabinet may consider later this month the proposal to open railway sector to foreign investment. The home ministry has already given an in-principle nod to foreign direct investment in the sector. At present, there is a complete ban on FDI in the railways sector except the mass rapid...
10:51
Rupee gains 16 paise vs dollar in early tradeThe rupee on Wednesday appreciated by 16 paise to 62.06 against the US dollar in early trade at the Interbank Foreign Exchange market on increased selling of the American currency by exporters.Dealers said besides increased dollar selling by exporters,...
10:49
Rail stocks gain ahead of budget, Titagarh Wagons up 2%Govt may announce adjustments in fuel subsidy that might lead to marginal reduction in fares
10:46
With general elections round the corner, there have been demands from MPs for new trains. Railway Minister Mallikarjun Kharge has conceded to some.Focus on measures like installation of upgraded real-time train information system & automatic ticket vending machines.The minister would address...
10:36
Rail stocks up ahead of Kharge's budget speechRailway Minister Mallikarjun Kharge is likely to announce new trains and some measures for providing better amenities at stations and trains besides steps to strengthen safety for passengers.Shares of rail stocks are rallying ahead of interim Rail...
10:31
Nifty hits 6,100 mark; Tata Motors gains 2%Benchmark indices are trading higher tracking firm global cues along with banks, capital goods and auto shares leading the gains.The markets have bounced from the oversold levels and the Nifty is likely to test the levels of 6150-6180 and Sensex around...
10:28
There are indications that passenger fares may not be touched barring minor changes in a few segments in the first rail budget to be presented by Kharge.As this is an election year, the minister may announce some rail connectivity and factory projects for backward states along with giving new...
10:00
With his party facing a tough Lok Sabha election and the railways under huge financial stress, minister Mallikarjun Kharge will try to do a balancing act in meeting populist demands such as cut in passenger fares and announcement of new trains while restoring the financial health of the state-run...
09:55
With his party facing a tough Lok Sabha election and the railways under huge financial stress minister Mallikarjun Kharge will try to do a balancing act in meeting populist demands such as cut in passenger fares and announcement of new trains while restoring the financial health of the state-run...
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