This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.
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 Enforcement Directorate has summoned Bihar deputy chief minister Tejashwi Yadav and his father and Rashtriya Janata Dal chief Lalu Prasad Yadav for questioning in the railways land-for-jobs money laundering case probe, official sources said on Wednesday.
Indian railways has developed its own automatic train protection system called Kavach for enhancing safety of running trains.
There were multiple claimants for 15 bodies and the DNA reports were received from the central laboratory in Delhi after about 20 days, officials said.
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
'Sell part of your portfolio where you're making good money, especially in small caps and mid caps.' 'The money which you take home is yours. The money which is there on paper is not yours.
The charge sheet has been filed before a special Prevention of Money Laundering Act (PMLA) court in Delhi and the court has listed the matter to be heard on January 16, the sources said.
GE, Alstom land $5.6 billion deals to supply Indian Railways
'We cried our hearts out as we saw our huts going underwater. It was hard to believe that I was fast asleep at the same spot just 15-20 minutes ago'
'They are trying to make the situation bad for Indian Railways so that they can hand it over to private companies.'
The railways has initiated a high-level probe into the train crash in Odisha to be headed by the commissioner of railway safety, South Eastern Circle.
The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.
No injury or casualty was reported in the incident, they said.
Nearly 90 per cent of the stocks comprising the National Stock Exchange Nifty 500 Index and 49 of the 50 stocks that make up the Nifty50 are trading above their respective 200-day moving averages (DMAs). The 200-DMA is considered one of the most relevant trend indicators by investors and traders. They believe that stocks and indices trading above this key level exhibit strength and are likely to rally, while those trading below this level are viewed as bearish, with the stock/index expected to see a selloff.
BJP IT department head Amit Malviya shared on Twitter what he said were the details of accidents under these ministers and added such 'worthies' are the ones demanding the resignation of the 'most qualified' railway minister the country has had in seven and half decades.
The three-day India Mobile Congress (IMC) will showcase the widening convergence of telecom with new domains, such as semiconductors and deep tech, P Ramakrishna, the forum's chief executive officer, said on Tuesday. With more than 250 global and domestic exhibitors, the seventh edition is expected to draw more than 100,000 visitors this year, he said. There will also be over 5,000 CXO-level delegates and more than 350 speakers.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
The 7th Pay Commission recommendations are a major challenge for the Railways.
The bus careened and went down to a field behind the highway, leaving a few passengers slightly injured. Its occupants were brought back to Purulia town in West Bengal for medical treatment, a party leader said.
The jottings on torn pages of a diary with sketches of elephants, fish and sun on the other side, were probably written during the leisure time of a passenger whose identity is not known as yet.
'Interim Budget has ignited the entrepreneurial spirit.'
India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.
Preliminary investigations have revealed that a signal was given to Coromandel Express to enter the main line but it was taken off and the train entered the loop line, where it crashed into a goods train parked there.
A thorough probe is underway, none of the authorities has so far talked about any possibility of a sabotage.
Polycab India, Power Finance Corporation, Shriram Finance, and Union Bank of India appear poised to transition from the mid-cap to the large-cap category within the domestic mutual fund industry. Their market capitalisation (m-cap) now ranks among the top 100, which is the threshold for the large-cap universe defined by the Securities and Exchange Board of India.
The Chenab Rail Bridge, the world's highest railway bridge, over the Chenab river will open soon.
Trains of the Regional Rapid Transit System (RRTS), to be inaugurated by Prime Minister Narendra Modi on Friday, will be known as 'Namo Bharat', Union Minister Hardeep Singh Puri announced on Thursday.
India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.
Around 25 buses carrying Trinamool Congress volunteers set out from Kolkata on Saturday for the planned protest programme in Delhi on October 3 against the alleged withholding of funds by the Centre, party leaders said.
Sahara Group chief Subrata Roy passed away on Tuesday due to a cardiorespiratory arrest after a prolonged illness, a company statement said. He was 75. He was 75. According to the company statement, he passed away at 10.30 pm due to cardio-respiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes.
Noting that the new trains will connect the culture of Telangana and AP, Modi said Vande Bharat symbolises new India's resolution and capabilities.
In a touching letter, Jhulan Goswami expresses deep gratitude to Diana Edulji, set to be inducted into the ICC Hall of Fame.
Most politicians and even non-politicians have been honoured because of what they were purported to be electorally worth for the ruling party of their time, argues N Sathiya Moorthy.
The Railway Men is a compelling watch; the subject is handled with seriousness and respect without going overboard with the dramatic impact, observes Mayur Sanap.
India's star hockey player Rani Rampal has become the first woman in the sport to have a stadium named after her, in Rae Bareli, Uttar Pradesh.
Fight the high season and ridiculous prices with these simple and easy travel hacks.
Despite the hope that lessons will be learnt, the next accident invariably shows that nothing has been learnt -- or if learnt, they have been ignored, observes Prosenjit Datta.
What the INDIA alliance needs is neither a counter to Modi's tall personality and undiminished charisma nor a counter-narrative to his Hindutva agenda, now centred on the Ayodhya temple consecration on January 22, argues N Sathiya Moorthy.
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