According to railway officials, an operating ratio of 90.8 per cent was encouraging.
The Railways is gearing up to run Shatabdi Express at 160 km per hour speed to reduce travel time between Delhi-Agra and Delhi-Chandigarh by the year-end.
"The railway minister has expressed deep grief over the incident and announced an ex-gratia of Rs 5 lakh for those who died in this unfortunate incident and Rs 1 lakh to those seriously injured," Railway Board chairman Arunendra Kumar said.
The next review to raise rates rates in slated in December.
Multiple fractures on the rail track are suspected to be the cause of Friday's derailment of the Mangla Express near Nashik claiming three lives and injuring 37.
The death toll in the train derailment in Maharashtra's Raigad district has gone up to 21 even as the traffic on the affected stretch was restored on Monday morning
Scouting for resources to meet its fund crunch, Railways is open to the idea of even 100 per cent FDI in its infrastructure development but would keep train operations out of its ambit.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
In a bid to woo foreign investors, the Indian Railways is planning to organise road shows in select countries showcasing opportunities for investment in the rail sector.
"Call it a craze, fever or national interest but HSR is our window to the outside world."
At least 22 people, most of them pilgrims, were crushed to death under the wheels of Saharsa-Patna Rajyarani Express at Bhamara Railway Station in Bihar on Monday morning.
India prepares itself for world class rail stations.
.jpg)
Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
In a significant development, Indian Railways on Thursday joined hands with China to increase speed in its existing rail network, modernise stations and enhance mutual cooperation in the sector in the country.
At least four passengers were killed and another eight were injured when the Delhi-Dibrugarh Rajdhani Express derailed at Golden Ganj station near Chhapra on early Wednesday morning in a suspected sabotage by Maoists.
Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.
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.
The Railway Budget has impressed industry watchers.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances