Hitting out at the previous National Democratic Alliance government for poor performance of the railways and inability to pay even Rs 2,473 crore (Rs 24.73 billion) dividend, Prasad said when the United Progressive Alliance government completes its term next year the Railways would have a total surplus of about Rs 1,00,000 crore. It has already generated a surplus of Rs 69,000 crore (Rs 690 billion) in the past four years.
A view of the under-construction Chenab bridge above the clouds, in Reasi, Jammu and Kashmir, February 8, 2022.
Railway Minister Suresh Prabhu has promised to have an effective complaint redress system and bring about accountability on the part of officers in rail functioning.
When it comes to travel, nothing is as exciting as travelling by train.
When it comes to travel, nothing is as exciting as travelling by train.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
.jpg)
we are facing a situation of empty coffers but eagerness to expand.
In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.
Harshita Jakhar displayed remarkable skill and determination to emerge as the standout performer, winning the silver medal in the individual pursuit event in the women's junior category.
After defence, the Commerce and Industry ministry has started the exercise to relax foreign investment norms in the railways sector by permitting 100 per cent FDI in high-speed train systems and dedicated freight lines.
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
The Indian Railways will invest Rs 41,426 crore (Rs 414.26 billion) in 2010-11 for sprucing up its network, and over a third of the planned outlay would go towards manufacturing coaches.
The 190-km railway line will be between Dadri in Uttar Pradesh and Phulera in Rajasthan, which fall under the Western Dedicated Freight Corridor
Minister of State for Railways Manoj Sinha, while replying to questions in the Lok Sabha, indicated that SMS service on train delays is under consideration.
The district police said they were apprehended from Goa in a joint operation by the Haryana Police and the Delhi Police.
A senior RITES official said the new station building comes equipped with many modern facilities that passengers usually get at an airport, but the architecture of its facade "embraces tradition" in a nod to the upcoming Ram temple.
The accused driver has been taken into custody and the injured were admitted to hospital, police said, adding that police personnel have been deployed in the area to ensure law and order.
Budget proposals have set four goals to transform Indian Railways.
.jpg)
There's a 13 per cent increase over last year, in an effort to put its flagging revenues back on track.
Polycab India, Power Finance Corporation, Shriram Finance, and Union Bank of India appear poised to transition from the mid-cap to the large-cap category within the domestic mutual fund industry. Their market capitalisation (m-cap) now ranks among the top 100, which is the threshold for the large-cap universe defined by the Securities and Exchange Board of India.
Shah said the new laws would give priority to providing justice, unlike the colonial-era laws that gave primacy to penal action, and made reporting of crimes even easier by recognising e-FIR, Zero FIR and electronic or digital evidence.
Unheralded Bhawana Jat qualified for the Tokyo Olympics in the 20km race walk event after pulling off a shock win with a national record time at the National Championships in Ranchi on Saturday. The 23-year-old athlete, who hails from a poor farmer's family at Kabra village in Rajasthan's Rajsamand district, clocked 1 hour 29 minutes and 54 seconds, well inside the Olympic qualification time of 1:31:00, to win the gold.
State-run Indian Railways will borrow Rs 2,970 crore (Rs 29.7 billion) from the market to finance various projects, Railway Minister Nitish Kumar told Parliament on Wednesday.
Railways plans to cash in on huge demand to shore up passenger revenues.
Every week, we bring you fascinating videos, chosen by you, through your likes.
Former Indian spinner Harbhajan Singh lavished praise on Punjab Kings uncapped batter Ashutosh Sharma for his valiant knock against Mumbai Indians in the ongoing Indian Premier League (IPL) 2024.
Nearly 90 per cent of the stocks comprising the National Stock Exchange Nifty 500 Index and 49 of the 50 stocks that make up the Nifty50 are trading above their respective 200-day moving averages (DMAs). The 200-DMA is considered one of the most relevant trend indicators by investors and traders. They believe that stocks and indices trading above this key level exhibit strength and are likely to rally, while those trading below this level are viewed as bearish, with the stock/index expected to see a selloff.
Railways had earlier hiked the freight rate by 5.7 per cent in April while linking the fuel adjustment component with goods tariff. FAC is linked with fuel and energy prices and calculated accordingly.
Aimed at attracting nearly Rs 1 lakh crore private investment, the station redevelopment project envisages infrastructure revamp at platforms and circulating areas.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances