The Indian Railways is aiming to earn Rs 5,400 crore from scrap sale in fiscal 2024-25. This is 3.8% higher than the Rs 5,200 crore scrap sale target set for fiscal 2023-24. “Action Plan may be prepared to achieve the scrap sale target. Further, Railways and its production units should maintain a target of zero […]
Category: Railways
Bullet Train: Completion date depends on award of all tenders, says Railways in RTI reply
The Indian Railways is unable to assess the completion date of the country’s first bullet train project because all work tenders have not been awarded yet. The National High Speed Rail Corporation Limited (NHSRCL), which is constructing the 508 km long corridor, said this in response to an application under the Right to Information Act. […]
IRCTC shares gain 1.2% as Sensex rises
Shares of the Indian Railway Catering & Tourism Corporation Ltd. traded at Rs 1004.0 on BSE at 12:12PM (IST) on Monday, up 1.2 per cent. The stock quoted a 52-week low price of Rs 594.55 and a high of Rs 1068.65. Earlier in the day, the stock saw a gap up opening.
April train rush: Over 41 crore passengers travelled in first 21 days, says Railways
New Delhi, Over 41 crore people travelled by train till April 21, the Indian Railways said, highlighting the pressure on its operations and passenger services. “Indian Railways has carried 41.16 Crores passengers during April 1- 21. The last weekend — April 20 and 21 — witnessed 3.38 crores passengers taking train journeys to different destinations. […]
73 trains on Ambala-Amritsar route cancelled as farmers squat on tracks in Shambhu for 5th day
As many as 73 trains on the Ambala-Amritsar route were cancelled on Sunday as farmers continued to squat on tracks at the Shambhu railway station in Punjab’s Patiala district for the fifth day, officials said. The protestors have been demanding the release of three farmers arrested by the Haryana Police during the ongoing stir. A […]
Indian Railways operates record number of additional trains to meet summer demand
New Delhi: To ensure the convenience of passengers and manage the anticipated surge in travel demand during summers, Indian Railways is operating a record-breaking 9,111 trips during summer season.
Now, India is shooting for home-made bullet trains
New Delhi: India has begun work on a home-built bullet train that will exceed 250 kilometres per hour (kmph), a top government official told ET. The official said it will be faster than any of the trains now running on the Indian Railways. “It is being built on the Vande Bharat platform that can already […]
Modi 3.0 mega plan for Railways, plans investment of Rs 10-12 lakh crore
Indian Railways is ready with a 100-day plan post-elections 2024. It includes a focus on various passenger-friendly measures, like a 24-hour ticket refund scheme, a comprehensive super App for various railways facilities, three economic corridors and sleeper Vande Bharat trains., government officials told ANI. The new ticket refund scheme will ensure refunds within 24 hours […]
Punjab: Several trains affected as farmers squat on track demanding release of fellow protesters
Chandigarh/Ambala, Farmers under the banner of the Samyukta Kisan Morcha (non-political) and Kisan Mazdoor Morcha on Wednesday squatted on a rail track in Patiala district near the Punjab and Haryana border, demanding the release of three farmers who had been arrested by the Haryana Police. The movement of more than 30 trains was impacted as […]
Ramkrishna Forgings secures Rs 270 crore order for Vande Bharat trains
Ramkrishna Forgings Ltd on Monday said it has received an order of Rs 270 crore from a consortium led by BHEL to supply bogie frames of Vande Bharat train sets. The scope of the project involves the development and validation of the bogie frames for the sleeper version of the Vande Bharat train sets, Ramkrishna […]
IRCTC shares down 2.51% as Nifty drops
NEW DELHI: Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 2.51 per cent down in Monday’s trade at 01:08PM (IST). Around 563,062 shares changed hands on the counter. The stock opened at Rs 1036.5 and touched an intraday high and low of Rs 1047.6 and Rs 1018.45, respectively, in the session so far. […]
Modi’s train to victory? Why speed matters for the voters
India will be able to beat America on one economic parameter: it will have a bullet train well before America does. President Joe Biden reportedly discussed with Japanese Prime Minister Fumio Kishida in Washington last week a plan to build the first high-speed rail in the US using Japanese bullet trains. The 380-km rail link […]