LIC will be subscribing bonds worth Rs 30,000 crore.
The Indian Railways have earned Rs 865,95.04 crore (Rs 8.65 billion) during April-October 2014 as compared to Rs 772,73.88 crore (Rs 7.72 billion) during the same period last year, registering an increase of 12.06 per cent.
The training involving 100 Indian officers will lay emphasis on onsite training covering operational and maintenance facilities, monitoring systems and traffic controls.
Every passenger gets 55 per cent concession on train journeys, Railway Minister Ashwini Vaishnaw said regarding demands to restore pre-Covid fare concessions for senior citizens and media persons.
'Under this amendment, in any dispute over Waqf properties, the Waqf Board cannot approach the court.' 'This is very surprising because the government instead of protecting Waqf properties they are snatching it away and not allowing them to go to court.' 'The third biggest landowner in India is the Waqf Board after the Indian Army and Indian Railways.'
The training was expected to begin soon.
Not just the Indian Railways, even the state transport companies too should be subjected to the same norm of paying a market-linked price for the diesel they use. If the state transport units take an annual hit of Rs 5,000 crore (Rs 50 billion) because of the higher diesel price, let the additional financial burden be borne by the different state governments which run those services. Why let the state-controlled oil marketing companies bear the burden all on their own?
The Railway Board in its initial statement said that the driver of the goods train violated the signal.
The Bill is likely to be introduced in the winter session of Parliament.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.
Gandhi alleged the increase in railway accidents in the last 10 years is a "direct result of the mismanagement and negligence of the Modi government, which has resulted in loss of lives and property of passengers on a daily basis".
Discover our country through great Indian rail trips!
India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal of limiting the average temperature rise to 1.5 degrees Celsius, India has committed to reducing emissions by 45 per cent below 2005 levels by 2030, achieving 50 per cent cumulative electric installed capacity from non-fossil fuel-based energy resources, and creating a carbon sink of 2.5 to 3 gigatons of CO2 equivalent through additional forest and tree cover.
Phogat and Punia joined the party in the presence of Congress general secretary KC Venugopal, spokesperson Pawan Khera and Haryana Congress chief Uday Bhan.
Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill.
'When I talk to my colleagues in the Railways, they say 'aadmi toh bohot hai, lekin matlab ka aadmi ek bhi nahi hai (the Railways has a bloated workforce, but doesn't have employees with have the skillsets that matter)'.'
According to the police, 16-17 members of a family from Sayyad Nagar in Pune's Hadapsar area had hired a private bus to visit the scenic spot near Lonavala for a picnic on the rain-soaked day.
The government freed diesel pricing last October, providing a level playing field to private companies like Reliance and Essar Oil.
In an interview with Business Standard, Railway Minister Dinesh Trivedi says if there is no rise in fares, the Indian Railways would come to a grinding halt.
The Indian Railways will earn a profit of Rs 951 crore (Rs 9.51 billion) in 2009-10, down 93 per cent from the 2007-08 level.
'At least one specially designed fully accessible railway car should be added to every train'.
The Indian Railways carried more goods in December 2023 than the same time last year, making more money than any month bar one since the pandemic. The railways made Rs 15,098 crore by carrying freight in December 2023. The number was higher only in March 2023 when it earned Rs 15,769 crore, according to data from the Centre for Monitoring Indian Economy (CMIE).
The solution for railways lay in understanding the strengths of the system,
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.
'The wave of terrorism is over in Kashmir. Local people do not support it.'
The employees' unions said that squarely blaming the driver, who is not alive to defend himself, amounts to making him a scapegoat for the systematic shortcomings of the Railways.
The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects of Indian Railways at an estimated cost of around Rs 32,500 crore, Union minister Ashwini Vaishnaw said. The proposed projects, which will be fully funded by the Centre, will help increase the existing line capacity, smoothen train operations, reduce congestion and facilitate ease of travelling and transportation. The projects covering 35 districts in nine states -- Uttar Pradesh, Bihar, Telangana, Andhra Pradesh, Maharashtra, Gujarat, Odisha, Jharkhand and West Bengal -- will increase the existing network of Indian Railways by 2,339 km and provide employment of an estimated 7.06 crore man-days to the people of the states.
The railways also rolled out its first orange coloured Vande Bharat Express from Kasargod to Thiruvananthapuram, a high demand route which now operates two such trains, a senior Indian Railways official said.
The station with the most annual revenue is CST Mumbai, followed by Dadar.
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.
Back in time, one of Gandhi's co-travellers, too, sat through the day at the Central station at Madras watching passengers pay bribes to procure their tickets.
In its probe report into the June 17 accident in West Bengal's Darjeeling district that left 10 persons dead, including the loco pilot of the goods train, the Commissioner of Railway Safety (CRS) also recommended implementation of the Automatic Train-protection system (KAVACH) on top priority.
Meanwhile, the drivers' union rejected the initial probe report alleging "external influence".
An encyclopedia to the best Durga Pujo eating.
Indian Railways (IR) will transfer existing assets at nominal values, invite bids and grant concessions for 10-15 years.
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.
Adding petrol and diesel to GST was a challenging task due to their significant role as revenue generators for both the central and state governments.
Ramesh asked the PM why river Ganga is "dirtier than before" even after spending Rs 20,000 crore on the Namami Gange project.
Govt wants to up investment in Railways
