Electronic devices installed along tracks provide train signals to a computer fitted in the locomotive. If a driver goes over the designated speed, a dashboard in front of him gives a red alert sign at first. Even after this, if the train continues its journey, the train's brake is automatically applied.
The organisation will have to stop operating on a cost-plus basis, and start competing in the marketplace.
"The Railways today has become a mess," former railway minister Dinesh Trivedi told rediff.com as he spoke about the fire on the Tamil Nadu Express that claimed 37 lives in the wee hours of Monday. "Cancer has set in the Railways years back. It's like a disease that has never been treated and hence people continue to die."
In May, the chairman of the Railway Board, along with the chairman of High Speed Rail Corporation, had inspected the work on the Delhi-Agra route.
Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
The number -- 676747 -- will also provide the status of train list. It will be valid all over the country.
Finance Minister Nirmala Sitharaman announced on Monday a record sum of Rs 1.10 lakh crore for the Railways, out of which Rs 1.07 lakh crore is for capital expenditure, and said the national transporter would monetise the dedicated freight corridors after its commissioning. Presenting the Union Budget 2021-22, Sitharaman also applauded the services provided by the Railways to transport essential goods across the country during the coronavirus lockdown.
Through history, the Mela has held different meanings for ascetics, the colonised, colonisers, and tourists, but all have been moved by its grandeur points out Atanu Biswas.
Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.
"Our agenda is to make Indian Railways world's number one from the current third position," Railway Minister Lalu Prasad said.
Tahawwur Hussain Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, could be extradited to India in connection with the 26/11 Mumbai terror attacks. Rana's travel history in parts of north and south India before the attacks in 2008 is expected to provide crucial leads for the investigation. His extradition would mark the third person to be tried in India for the attacks, after Ajmal Kasab and Zabiuddin Ansari alias Abu Jundal.
Saradha Group-run Saradha Tours and Travels tied up with IRCTC for operating tourist services to different destinations.
The decision, if materialises, could be yet another setback for IRCTC, thanks to the new catering policy unveiled recently which stripped the Railway public sector unit of its catering responsibility that formed its core business.
The Indian Railways lost about 40 per cent of its business due to disturbance including Maoist violence and agitations.
'The IPL provides a different ladder in terms of recognition.' 'If you do well, you will obviously get noticed and it enhances your selection into white-ball formats.'
'When so many young Baloch men and women are willingly volunteering as fighters and even suicide bombers.'
The United States has approved the extradition of Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, to India. The decision was announced by President Donald Trump during a joint press conference with Prime Minister Narendra Modi in the White House. India is currently working on the logistics of Rana's surrender and extradition, with several final steps to be completed before he is sent back to India. The joint statement issued by India and the US during Prime Minister Modi's visit reaffirmed their commitment to fighting terrorism and eliminating terrorist safe havens. The leaders also called on Pakistan to bring to justice the perpetrators of the 26/11 Mumbai and Pathankot attacks. Rana, a Canadian national of Pakistani origin, is currently lodged at a metropolitan detention center in Los Angeles. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
Talking to reporters at the accident site, he said the issue is of electric point machine, a vital device for railway signalling, and electronic interlocking.
The Delhi Police Special Cell arrested a man from Hyderabad for allegedly trafficking Indian youths and forcing them to work in fake call centres engaging in cyber fraud. The arrest came after a 2,500-kilometre non-stop chase, an officer said. The accused, Kamran Haider alias Zaidi, carried a reward of Rs 2 lakh on information leading to his arrest, declared by the National Investigation Agency. Zaidi was apprehended near Nampally Railway Station, Hyderabad, Telangana while trying to escape to another hideout.
Railway traffic has dropped 32 per cent to 99.86 mt between April 1 and May 14, compared to the same time last year, while its revenue, too, dipped 41 per cent to Rs 9,094.38 crore.
Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.
The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.
The amount constitutes 45 per cent of the railways' total wage bill.
Indian Railways should aim for a quantum growth in traffic. This will require investments in new infrastructure, including 125 capacity expansion works on the shelf, costing about Rs 35,000 crore.
This was one of the toughest years for Indian Railways.
The estimated market borrowing by these two companies during current fiscal were pegged at Rs 13,800 crore (Rs 138 billion) from markets, as per the interim Railway Budget for 2014-15 tabled in February.
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
The Bhartiya Railway Mal Godam Shramik Sangh said they will resort to disrupting railway services across the country if the government does not heed to their demands.
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Phogat and Punia joined the party in the presence of Congress general secretary KC Venugopal, spokesperson Pawan Khera and Haryana Congress chief Uday Bhan.
The sector is witnessing weak tendering.
On these routes, the train speed would also be increased to above 160 kmph over the next four or five years by revamping the entire signaling, tracks and fencing.
Indian Railways need a facelift, says Suresh Prabhu.
Debroy's economic interests and research work covered numerous areas such as economic theory, income inequality, and infrastructure financing.
He is expected to join RCB after the end of the ongoing Ranji season, which will resume on January 23.
Expectations of muted expenditure on railway infrastructure and the assumption that there would be no further fare hikes may have contributed to the fall, according to analysts.