'The government will take proactive steps to see that their participation in the equity market, especially in PSU stocks, is rewarding.'
Come April 23 and rail commuters can use a mobile phone App to obtain tickets in the unreserved category.
Railways has said that it plans to suspend two senior officials of Northern Railway, following searches carried out by the Central Bureau of Investigation at 13 locations and recovery of Rs 20 crore in cash in connection with alleged corruption in supply of packaged drinking water in premium trains.
Modi will unfurl the national flag and deliver the customary address to the nation from the ramparts of the historic monument.
The death toll due to the disease stands at 5,30,696 with one fatality being reconciled by Kerala, the data updated at 8 am showed.
The total goods earnings have gone up from Rs 40,293.70 crore (Rs 402.93 billion) April-September 2012 to Rs 44,191.92 crore (Rs 441.91 billion) during the corresponding period this year, registering a growth of 9.67 per cent, according to Railway Ministry data.
With different agencies showing divergent predictions regarding the southwest monsoon, the central government and states are gearing up to face adversity with various line ministries reportedly being directed to undertake mock drills and hold preparatory meetings. Around 56 per cent of the net cultivable area of the country is rain-fed, accounting for 44 per cent of foodgrain production. The June-September rains contribute around 73 per cent of the annual precipitation.
The government on Thursday allowed state-run oil majors to fix diesel prices on their own in order to reduce an expanding subsidy bill and budget deficit. Oil companies announced a dual price mechanism while hiking the rates.
There has been a growing demand for high axle load wagon trolley and the proposed factory is expected to cater to the demand.
Railway Budget has not discriminated against any state.
Amid rising demand for coal freight and an aggressive push towards diversifying its freight basket, Indian Railways is planning to buy 100,000 more wagons over the next three fiscal years. The procurement plan will majorly comprise BOXN wagons, which are used to transport coal, said a senior Ministry of Railways official. Notably, the railways recently floated a sizeable tender worth Rs 35,000 crore of wagons, which had been in the pipeline since 2018. "Our Budget Estimates for freight increase were conservative.
Eyewitnesses said they heard two explosions on coaches S4 and S4 of the Bangalore-Guwahati Kaziranga express as it arrived at the Chennai railway station.
Plans are afoot to manufacture 120 coaches with increased axle load of bogies to carry higher load, a senior Railway Ministry official said.
Maharashtra Deputy Chief Minister Ajit Pawar on Monday said he does not see any other strong leader like Prime Minister Narendra Modi at the national level today.
The move is line with the railway ministry's efforts to compete with low-cost airlines.
Saudi Arabian Crown Prince Mohammed bin Salman arrived in New Delhi on a three-day state visit during which he will hold a bilateral meeting and co-chair the first leaders' meeting of the Strategic Partnership Council with Prime Minister Narendra Modi.
Narendra Modi had stressed need for shifting focus from port development to 'port-led development' model to maximise gains
In a relief for people travelling long distances, the Indian Railways is set to resume serving cooked meals on trains, a service which was discontinued in the wake of the coronavirus pandemic.
The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales - except some ongoing strategic ones, including IDBI Bank, which could spill over into next financial year. Also, it may drastically reduce its FY24 divestment target of Rs 51,000 crore. "We are still evaluating the Budget estimates for FY25. "New big-ticket asset sales are unlikely.
'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'
The Railway Budget has impressed industry watchers.
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According to the latest data, until May, 48.3 per cent of the total 207 projects worth Rs 1,000 crore (Rs 10 billion) or above, also termed as mega projects, faced delays and witnessed a cost overrun of 19.2 per cent from the originally-sanctioned Rs 656,000 to Rs 781,000.
The much-hyped public private partnership motto of the railway ministry seems to have gone nowhere, as the ministry continues to sit over proposals from at least three state governments to start luxury trains.
The incident occurred on the Alappuzha-Kannur Executive Express train in which two months ago a man had set fire to his co-passengers, which resulted in three deaths including a toddler, leading to speculation that it might be a case of sabotage and connected to the earlier one.
The Union Government on Thursday said that 5.9 million tonnes of lithium reserves have been found for the first time in the country in Jammu and Kashmir. Lithium is a non-ferrous metal and is one of the key components in EV batteries. "Geological Survey of India for the first time established Lithium inferred resources (G3) of 5.9 million tonnes in the Salal-Haimana area of the Reasi district of Jammu and Kashmir," the ministry of mines said on Thursday.
A trained pilot, Dinesh Trivedi has a challenging task ahead in putting the Railways on track after his boss and Trinamool chief Mamata Banerjee often came under attack for alleged neglect of this key ministry hit by train accidents in the recent days.
To Indian Railways, safety is not necessarily a systemic issue but something it attends to only on a case-by-case basis. If accidents were not to happen, the thought of safety would not arise, says Mahesh Vijapurkar
Initiating the debate on the Finance Bill in the Lok Sabha, BJP leader Jaswant Singh said the finance minister should not spend his time in 'accountancy' but 'apply his mind to the reality of economic management of the country." Terming the Finance Bill as the 'child' of the Union Budget, he said it (Finance Bill) should be abolished and if not, then the government should 'break it up'.
According to new ministry guidelines, the permission to chop down forests will be given only after all the compensatory levies are provided
We have only rationalised the freight rates, says the minister.
India's decrepit state-run train services stand to receive at least a 25 per cent boost in investment to over $9 billion.
Transportation via inland waterways is cost-effective and more environment-friendly than rail or road transportation
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
Bids for the proposed Rs 1,290-crore (Rs 12.9 billion) Madhepura electric locomotive factory in Bihar will be opened next week, say railway ministry officials.
Railways internal resources generation has been reduced due to various factors, including cost escalation and pay commission load.
Glimpses of the dress rehearsal for the Republic Day Parade.
Railway Minister Nitish Kumar has said that negotiations are on with the telecom ministry for equity participation of MTNL and BSNL in RailTel Corp to improve telecom services in the Railways.
Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.
Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per cent in traffic during the April-June quarter of 2022-23. This shows that the economy is opening up, a report by DAM Capital said. The volume increase assumes significance since both prices of crude oil and imported coal have been soaring this year. Indian coal companies were pressed for supply amid a thermal coal crisis earlier in the year.
