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.
The total earnings in Q1 rose 14.54 per cent, while working expenses grew at a measly 4.22 per cent.
Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
Independent, powerful tariff body the best medicine.
Railways earned Rs 1,28,928.28 cr during April '14- Jan 2015.
Facing huge financial crunch, the Railways has invited suggestions from the general public to increase its revenue and reduce expenditure ahead of the upcoming Budget Session of Parliament.
She reached the office of the federal probe agency in central Delhi around 11 am and left around 6 pm.
Life remains a journey - so does investing. No short cuts, please.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
The government on Thursday listed bills on personal data protection, to amend forest conservation laws and on the contentious ordinance on Delhi services for the monsoon session of Parliament beginning next week.
The order said that zonal railways should have by now assessed their vacancies and planned for filling them up as per their fresh selection calendars.
The chief justice, who received a WhatsApp message about the case, heard the matter at his residence at 8 pm on Sunday and gave directions to constitute a bench comprising himself and Justice Srivastava.
Debates on changing the name of India to Bharat continue to spark a crisis of identity without answering moot questions that stare us in the face. Ramesh Menon asks a few of those questions that do not have easy answers.
India believes in sabka saath, sabka vikas, sabka vishwas, sabka prayaas and walks ahead with it, Modi said.
During the raids, Rs 53 lakh, $1,900, about 540 grams of gold and bullion and 1.5 kg of gold jewellery were seized, sources in agency said and added that one of the locations searched was a house in south Delhi where Lalu Prasad Yadav's son and Bihar Deputy Chief Minister Tejashwi Yadav was present.
The ruling Trinamool Congress in West Bengal demanded Railway Minister Ashwini Vaishnaw's resignation over the horrific triple train crash in neighbouring Odisha.
Struggling to make ends meet, the railways have demanded a doubling of gross budgetary support from the government.
'To avoid accountability and cover the mismanagement of the head of the department, they create this kind of sabotage theory.' 'If it's a sabotage theory, then the higher-level officials can go scot-free.'
Munna Kumar, the accused train ticket examiner (TTE), has been arrested, a Government Railway Police official said on Tuesday.
Ivan Manuel Menezes, the India-born CEO of the world's biggest spirits company Diageo, died on Wednesday, days after being hospitalised for treatment of stomach ulcer. Menezes, 64, who was to retire at the end of this month, died in London, the company said. "It is with great sadness that Diageo announces that Sir Ivan Menezes has passed away following a brief illness, with his family at his side," it said in a statement. Diageo had on Monday announced that CEO-designate Debra Crew will assume the top role on an interim basis immediately as Menezes undergoes medical treatment.
In a letter to general managers of all zones, the Railway Board has directed that a safety drive should be launched immediately with special focus on all 'goomties' (rooms along tracks) housing signalling equipment within station limits.
'Imagine what will happen when a train running at 128 kmph moves onto a track that is meant to have only a speed less than 30 kmph!' 'Naturally, it will derail, and the coaches will go for a tailspin.'
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
A statement issued by the US embassy on Mueller's discussions spoke of "robust and active" counter-terror cooperation between the two countries and disclosed that American Rail authorities had travelled to New Delhi and Mumbai to "observe first hand the enormous task of securing India's vast railway system."
During independence, Indian Railway's system was ahead of China's. However, in 1990s the ambitious neighbour started its rail reforms and left India far behind. The Chinese rail transformation story has many lessons for India.
'There is corruption at various levels'.
The Confederation of Indian Industry (CII) has called for speedy implementation of key railway projects, such as the Dedicated Freight Corridor, high-speed rail corridors, rolling stock and other capacity enhancement works.
ADB was urged to take up the Railways sector.
Informing this in the Lok Sabha on Thursday, minister of state for railways K H Muniyappa said trials have been completed on trains and one power car of DMU train has been converted to run on duel fuel mode using CNG and diesel. Earlier, trial run has also been carried out successfully by Northern Railway on engines hauling local trains.
Enhancing the capacity of rolling stock including gauge conversion, doubling and laying new lines, acquisition of new coaches and wagons are some of the priorities the new ministry is expected to pursue. Keeping the terror threat perception in mind, the upgradation of security system at railway stations in major cities will be a focus area for the new government.
Prime Minister Narendra Modi on Sunday accused the opposition of playing 'negative politics' and said now the entire country is rooting for corruption, dynasty and appeasement to 'quit India'.
The incident occurred on the Alappuzha-Kannur Executive Express train in which two months ago a man had set fire to his co-passengers, which resulted in three deaths including a toddler, leading to speculation that it might be a case of sabotage and connected to the earlier one.
The Shivraj Singh Chouhan government in Madhya Pradesh will be taking some senior citizens in the state on free pilgrimages by air under its existing scheme and the exercise will start from May 21, months before the assembly polls in the Bharatiya Janata Party-ruled state.
Even as the gas pipeline project with Iran hangs in balance, India is likely to help the country in modernisation and expansion of its rail network.Iran, facing UN sanctions, has sought India's expertise in upgrading its train operations, signalling system and electrical work besides training its personnel as part of its plans to modernise the railway system.
A Delhi court on Wednesday gave bail to Rashtriya Janata Dal leader Lalu Prasad Yadav, his wife and former Bihar chief minister Rabri Devi and their daughter Misa Bharti in connection with a case related to the alleged land-for-job scam.
Passenger trains on the snow-covered Baramulla-Qazigund railway track, near Srinagar, after train services resumed in the valley following heavy snowfall, January 10, 2022.
The prime minister, who is on a two-day visit to the state, inaugurated, laid the foundation stone of and dedicated to the nation, railway and metro projects in the state worth Rs 4,500 crore.
Only a small percentage of passengers who traveled on the trains involved in the June 2, 2023 accident in Odisha had availed of travel accident insurance while booking their tickets online on the IRCTC portal.
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