In 2019-20, the capital expenditure of Indian Railways (IR) increased 60 per cent over 2016-17. The draft National Railways plan envisages a further increase in IR's capital expenditure, but an analysis by Business Standard shows that IR has come to depend more on borrowings and budgetary support. In 2016-17, while 11 per cent of its capital expenditure (capex) was funded by internal sources, in 2019-20 the ratio dropped to less than 1 per cent. A 2015 Committee on Restructuring Railways had flagged that over-reliance on borrowings could exacerbate the financial situation of Railways.
These trains will be run as special trains from New Delhi station connecting Dibrugarh, Agartala, Howrah, Patna, Bilaspur, Ranchi, Bhubaneswar, Secunderabad, Bengaluru, Chennai, Thiruvananthapuram, Madgaon, Mumbai Central, Ahmedabad and Jammu Tawi.
Meanwhile, the drivers' union rejected the initial probe report alleging "external influence".
Union minister Ashwini Vaishnaw countered Facebook founder Mark Zuckerberg on Monday on his claim that after the COVID-19 pandemic, most incumbent governments, including the one in India, lost elections in 2024, asserting that his statement was 'factually incorrect'.
In the history of Indian railway budgets, Suresh Prabhu will perhaps be the first railway minister not to have announced either a single new train or a new railway line
Most of the deaths were reported from the Northern Railway zone at 7,908, followed by 6,149 deaths from the Southern Railway zone and 5,670 deaths from the Eastern Railway zone.
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
'Neither are Baloch insurgents capable of breaking up Pakistan, nor has Pakistan learned any lessons from the 1971 debacle that led to the country's dismemberment.'
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
The Indian Railways must opt for a dynamic fare-fixing system and improve its management and marketing techniques.
Saurashtra all but ensured Delhi's exit from Ranji Trophy with a 10-wicket victory inside two days in Group D, in Rajkot, on Friday.
With the Indian Railway Catering and Tourism Corporation pushing electronic booking of tickets and scores of online travel portals entering the business, the share of tickets sold online in the total ticket revenues of the railways has doubled to nearly 30 per cent this year.
'The new trains should be fast, but the roll-out of the privatisation plan should be slow and well-considered,' recommends T N Ninan.
The report was presented to Railway Minister D V Sadananda Gowda.
The station master of Ranipatra, following the railway operation norms, issued the authority letter T/A 912 to all train drivers to pass through defective signals.
In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said.
Visakhapatnam in Andhra Pradesh is India's most tourist friendly railway station. It has an executive lounge, gaming zone, shower facilities, frequently cleaned platforms and effective solid waste management techniques.
The Indian Railways is all set to hand over its ticketing business to private players.
While this benefit of easing fuel cost should have been passed on to consumers through the review of FAC due this month, the Railways does not intend to revise freight and passenger fares until the next Budget to be presented in February.
"In the wake of the recent diesel price hike, the Indian Railways will not pass its additional financial burden on its users -- passengers and freight customers," Railway Minister Lalu Prasad Yadav said. While truck rental is expected to be increased by about 5 per cent, private taxis and commercial passenger vehicles are also expected to follow suit.
'It has been 14 years since I began living in exile and it's shocking that the situation in Balochistan has only worsened rather than improved.'
The Indian Railways has decided to introduce a mobile radio communication facility in its trains to ensure security.
Those who stay in other countries illegally do not have any legal right to be there, Modi said.
The Parliament session is set to start today, with various issues slated to be discussed, including the Waqf Act (Amendment) Bill.
The introduction of private players would mean that trains will be available on demand and that passenger waitlist will decrease.
Railway Minister Dinesh Trivedi present the Railway Budget on Wednesday.
London Games silver medallist Sushil Kumar is hoping to produce more Olympic medal winners at the newly-inaugurated Indian Railway Wrestling Academy.
Railway stations -- Beas, Vishakhapatnam, Khammam, Secunderabad, Ahmednagar and Jammu Tawi are the top ranked railway stations by cleanliness.
The Bombay high court on Friday upheld the tender awarded to an Adani Group firm by the Maharashtra government for the Dharavi slum redevelopment project in Mumbai, ruling there was no 'arbitrariness, unreasonableness or perversity' in the decision.
Violent protests erupted in Parbhani, Maharashtra, India, for the second day over the vandalising of a replica of the Indian Constitution. Prohibitory orders were imposed in the city, banning gatherings of five or more people in public places. A mob indulged in arson and vandalised the district collector's office. Police arrested a man in connection with the incident, but protests continued. Protesters demanded a thorough investigation and blamed the government's lax approach.
The Indian Railways will not be privatised. It will remain with the government, Railway Minister Mamata Banerjee said while presenting the Railway Budget in Parliament on Wednesday.
As part of efforts to revamp its services, the Indian Railways have decided to take over the catering charge of two prestigious trains from Indian Railway Catering and Tourism Corporation.
The channel should also act as a medium in promoting tourism and culture across the country.
Passengers, who do not have the app installed on their mobile phones, might be asked to do so after their arrival at the station.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
At least nine passengers were reported dead on May 27 over a span of 48 hours on board the migrant trains, with the railways stating that all of them had health conditions.
Glimpses of the preparations in Odisha and West Bengal for Cyclone Dana which is expected to make landfall between October 24 and 25.