Kolkata Metro’s Orange Line: Approval granted for services on Kavi Subhash-Hemanta Mukhopadhyay stretch

The Chief Commissioner of Railway Safety (CCRS) granted approval for the commencement of services on the Kavi Subhash-Hemanta Mukhopadhyay stretch of Kolkata Metro’s Orange Line, according to an official announcement on Thursday (February 8). The mandatory inspection, conducted by CCRS Janak Kumar Garg on Wednesday, resulted in the authorisation for passenger traffic services between Kavi […]

Major Boost to Railways! Cabinet approves six mega multi -tracking projects to boost connectivity and economic growth

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved six railway projects to enhance transportation efficiency and infrastructural development across the Indian Railways network. These projects, with a total cost of Rs. 12,343 crore, are fully funded by the Central Government and align with Prime Minister Modi’s vision for a […]

Indian Railways’ Hydrogen-Powered Train Project: Integral Coach Factory in Chennai to produce new trains, says Ashwini Vaishnaw

Railway Minister Ashwini Vaishnaw recently announced in the Lok Sabha that the Indian Railways has made significant strides in developing a train powered by Hydrogen Fuel Cell technology. This innovative project, designed to showcase the utiliSation of Hydrogen Technology in rail transportation, is being undertaken as a pilot initiative. The production of this groundbreaking train […]

Railways’ passenger revenues stagnate over the last decade, growth below nominal GDP

The Indian Railways has seen its passenger revenues growing 65% from Rs 44,283 crore in 2015-16 to an estimated Rs 73,000 crore 2023-24, a growth rate that lagged nominal GDP growth (115%), and the growth in competing segments like aviation revenues during the 9-year period. The share of the passenger segment in the railways’ gross […]

Amrit Bharat Station Scheme: Over 10,000 road over and under bridges completed by Indian Railways since 2014 – Details inside

In a remarkable achievement highlighting the Indian Railways’ commitment to infrastructure development, a staggering 10,867 Road Over Bridges (ROBs) and Road Under Bridges (RUBs) were completed between 2014 and 2023. This significant milestone underscores the Railway’s dedication to enhancing safety and mobility across its vast network. This accomplishment comes amidst the Ministry of Railways’ ongoing […]

Flight Disruptions in January: 496 flights cancelled and 8,038 flights delayed in January due to fog, informs V K Singh

The civil aviation ministry revealed that dense fog in January led to the cancellation of 496 flights and delayed 8,038 flights, according to a written reply to the Lok Sabha by Minister of State for Civil Aviation V K Singh on Thursday (February 8). “The total number of flights delayed and cancelled during January 2024 […]

Uttar Pradesh to develop 17 major solar cities; Ayodhya and Kashi frontrunners

To propel the adoption of solar energy, the Uttar Pradesh government has unveiled plans to transform 17 major cities of the state into solar cities including revered cities of Ayodhya and Varanasi. Under the initiative, the development of solar cities will take place first and then the government will work towards building solar villages on […]

Power Grid Corporation surges over 7% on strong Q3 performance

Shares of Power Grid Corporation of India Ltd witnessed a surge of over 7%, nearing their record high, following the PSU power firm’s robust financial performance in the December 2023 quarter. The company reported a notable 10.5% year-on-year (YoY) rise in net profit, reaching Rs 4,028.3 crore compared to Rs 3,645.3 crore in the corresponding […]

ONGC Videsh looking to gain operatorship of two projects in Venezuela

ONGC Videsh (OVL), the overseas arm Oil and Natural Gas Corporation (ONGC), is in further discussions with the Venezuelan government to take crude cargoes in order to liquidate its pending dividends, chairman and MD Rajarshi Gupta said. The company is also seeking to get the operatorship of its two ongoing projects in Venezuela and invest […]