Every class of passenger travel, except three-tier AC, loses money.
Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.
'With the new DPP, there will be greater transparency and faster clearances.'
China seeks to cash in on Modi's vision of modernising a creaking train system that 25 million people use daily
A proposed 24 percent hike in the salaries of 2.6 million employees and pensioners, will land the railways with a wage bill of about $4.7 billion.
Portfolios of more than half-a-dozen ministers are expected to be changed.
Likely to be merged with Union Budget from FY18
Availability of Wi-Fi is also expected to provide local airlines an additional source of revenues amid stiff competition in the fast growing Indian aviation market.
Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.
This is the first Cabinet expansion after he assumed office on July 26 and proved his government's majority on the floor of the assembly on July 29.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
'Everyone is watching Korean content.' 'Their films are a lot like our Indian films.' 'Their emotion, expressions, it's all very Indian.'
Reeling under a series of derailments, the Budget is likely to announce creation of a separate safety fund of about Rs 1 lakh crore over the next five years.
Two technocrats, two hard-boiled politicians are India's new Cabinet ministers...
All the 14 derailed coaches of the Patna-bound train 19321 have been removed from the tracks.
The King Air C90 12-seater aircraft had taken off from the Juhu airstrip on a test flight.
The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.
In its sway over national politics now, the Modi-Shah BJP is what the Congress was under Indira Gandhi. Why would they indulge coalition partners, their greed and egos now, asks Shekhar Gupta.
The new Ministers of State sworn in by President Ram Nath Kovind at a ceremony in the Rashtrapati Bhavan include Virendra Kumar, Anant Kumar Hegde and Gajendra Singh Shekhawat, former IAS officers Alphons Kannanthanam and R K Singh, former diplomat Hardeep Puri and ex-Mumbai police chief Satyapal Singh. Two other new faces are Ashwini Kumar Choubey, a member of the Lok Sabha from Bihar, and Shiv Pratap Shukla from Uttar Pradesh.
Apprehending that some of its MLAs may not toe the party line, especially as BJP-backed Chandra had claimed support of at least two INLD MLAs, a dozen-odd legislators of the party were on Monday sent off to the hill station in Uttarakhand.
If the Modi government is going to set new benchmarks of performance, don't expect the majority of his dozen-odd ministers-who-matter with economic portfolios to be making the difference, says T N Ninan.
Producer Suresh Daggubati, Rana's dad, has hinted that the wedding may happen in December.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Railways Ministry spokesperson Anil Saxena said several people have been rushed to nearby hospitals with injuries, and the casualties may go up.
Good performances and an interesting screenplay make Prabhu Solomon's Thodari worth a watch, feels S Saraswathi.
Singh was among the many MPs who attended a breakfast meeting hosted by President Ram Nath Kovind on March 18 as well as a Parliamentary panel meeting on transport, tourism and culture attended by around 20 MPs on Wednesday. Trinamool Congress MP Derek O'Brien said in a tweet, 'This government is putting us all at risk. The PM says self-isolate yourself but Parliament is on.'
The railways ministry has a capex target of Rs 1 lakh crore for the financial year.
The best way for the railways to become more professional will be to get corporatised.
We have only rationalised the freight rates, says the minister.
80-85 per cent of about 700 major infrastructure projects within the Centre's domain have been delayed.
Full list of the rejigged Union Council of Ministers
Modi, 68, was administered the oath of office and secrecy by President Ram Nath Kovind at a glittering ceremony at the forecourt of majestic Rashtraparti Bhavan.
Narendra Modi's ministry expansion makes disdain clear for others who are supposedly allies, quite unlike the Vajpayee-led National Democratic Alliance.
As many as 20 new faces are expected to be inducted into the Union Council of Ministers on Sunday in the first revamp exercise which is likely to bring in BJP leaders Manohar Parrikar, Mukhtar Abbas Naqvi, Rajiv Pratap Rudy and Bandaru Datttatreya while elevating a few.
Opposition said saying it lacked vision and road map to execute ideas.
Union ministers fanned out across the country to highlight the crackdown on black money to mark the first anniversary of demonetisation on Wednesday which the Bharatiya Janata Party celebrated as "Anti Black Money Day" while the Congress-led Opposition observed it as "Black Day" with street protests.
'The bullet train project is a complete sham'
The Survey shows fiscal consolidation despite slowdown in growth.
IRCTC will work on Kisan Yatra, a special travel scheme to help farmers to learn about new farming and marketing technique.
