The railway minister said the target of 700 km of new lines in the current year (2012-13) had to be scaled down to 470 km due to inadequate resources.
The project will take five years to be completed.
With the spate of businesses turning their attention to Ayodhya, land rates have shot up, in some pockets by as much as 10 times. Whether one walks into a hotel lobby or sits down for a meal, land deals are being discussed at every other table -- one on one or among groups.
Mumbai: Protestors lathi-charged following rail agitation
The Rail Budget presented by Railway Minister Mamata Banerjee in Parliament on Wednesday has received mixed reactions from the commuters in Mumbai.
Rail ministry pinning hopes on foreign partner and private capital
After the resounding success of Delhi Metro, as many as seven cities have sought assistance of the Delhi Metro Rail Corporation in implementing similar projects to be set up at an expenditure of Rs 31,000 crore (Rs 310 billion).
Companies are queuing up to grab a share of space on rail coaches, which would soon sport advertisements as part of Indian Railways novel idea to earn more revenue.
The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.
Still recovering from the rude shock he received in the elections, the film-star-turned politician Chiranjeevi has decided to change his Praja Rajyam Party's election symbol, dropping the heavyweight 'Rail Engine'.
'We humans may not have not created natural disasters, but we have definitely amplified their impact.'
What a Wednesday was like in Bollywood.
The Telangana Political Joint Action Committee on Friday postponed the `Rail-roko agitation, earlier scheduled for October 9 to 11, to October 12, 13 and 14.
The 30-share Sensex ended down 261 points at 28,747 and the 50-share Nifty ended down 83 points at 8,684.
The jottings on torn pages of a diary with sketches of elephants, fish and sun on the other side, were probably written during the leisure time of a passenger whose identity is not known as yet.
Leading an agitation at the Egmore Railway station in Chennai, Marumalarchi Dravida Munnetra Kazhagam General Secretary Vaiko and VCK Chief Thol Thirumavalavan, along with several workers including those from the Left parties, blocked an express train.
The Russian embassy in Warsaw said by email that it "does not comment on such topics".
The first metro train that was rolled out from Korea to Hyderabad recently will be put on tracks for test and trials in the next couple of days.
West Bengal Chief Minister Mamata Banerjee on Monday demanded roll-back of the "unprecedented, anti-people" rail fare hike considering the problems faced by common people.
The Opposition on slammed the Rail Budget for increasing the burden on the common man, with BJP terming it as "pedestrian" and "discriminatory" while Left said it does not give any hope on railways' future.
The BJP, Left parties and Trinamool Congress on Wednesday slammed the government for the hike in passenger rail fares and demanded its immediate rollback.
The development comes a day after the Andhra Pradesh government demanded an unconditional apology from DMRC Managing Director E Sreedharan for his remarks on the HMRL project in his letter to Planning Commission Deputy Chairman Montek Singh Ahluwalia.
'These frequent visits show the BJP fears that the Congress will retain power.'
In Jammu & Kashmir, the minister proposed to set up a bridge factory.
Turkey opened the world's first underwater rail link between two continents on Tuesday, connecting Asia and Europe and allowing Prime Minister Tayyip Erdogan to realise a project dreamt up by Ottoman sultans more than a century ago.
Gujjar protesters held sway on Wednesday, blocking a key rail track in Dausa district leaving several trains suspended and disrupting traffic on the highway linking Rajasthan with Madhya Pradesh as security forces kept a close watch in the violence-hit areas.
Making a U-turn, the Mayawati government in Uttar Pradesh on Saturday decided to return the land in Rae Bareli for construction of a rail coach factory, an issue on which she had a high-pitched spat with Congress President Sonia Gandhi during the week.
The 30-share barometer started higher, but lost its way soon after the railway budget.
Participating in a debate on General Budget, Trinamool member Ratna De said the imposition of 10.5 per cent service on rail freight had 'nullified' the 'inflation neutral Rail Budget presented by our leader Mamata Banerjee.'
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
The Rs 10,807-crore (Rs 108.07 billion) budget for implementation of Sixth Pay Commission recommendations and to fund various ongoing projects was passed by a voice vote. Some members were not satisfied with the budget. The BJD members walked out alleging that Orissa had been ignored.
China has opened the world's longest high-speed rail line.
The BJP leader said his party was committed to fighting against corruption and it would reflect in its proposed statewide yatra titled En Mann En Makkal (my soil, my people), ahead of the 2024 Lok Sabha polls.
Walmart-owned fintech firm PhonePe said it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe. The company said it is the first Indian internet company to have reached this scale globally. This milestone has been achieved in just over 7 years since the PhonePe UPI (Unified Payments Interface) payments launched in August 2016.
A large number of Gujjar protestors including women disrupted train movement by squatting on the tracks at a bridge over Banganga river in Bandiqui area in Dausa district, where 14 people were killed in police firing and clashes on May 24, officials in the adjoining district of Bharatpur said. Rail commuters were stranded in Jaipur, Dausa, Kota, Jhalawar and other stations with trains either been cancelled or diverted in the wake of the Gujjar stir for ST status.
India and China made progress in five-six friction points along the Line of Actual Control in eastern Ladakh through talks in the last three years and efforts are underway to resolve the remaining issues, External Affairs Minister S Jaishankar said on Monday.
A division bench of Chief Justice D K Upadhyaya and Justice G S Kulkarni said while it was not going to order a ban on bursting of firecrackers, a balance needs to be struck considering the deteriorating air quality index (AQI) in the metropolis.
The Chenab Rail Bridge, the world's highest railway bridge, over the Chenab river will open soon.
In his address to the nation from Red Fort on Independence Day, Prime Minister Modi had given a clarion call to free India from single-use plastic.
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