NEWS Oil minister Pradhan has said that the fuel prices may come down by Diwali
NEWS Dawood’s brother Iqbal Kaskar arrested in extortion case
NEWS Bullet train needs 100 trips daily to be financially viable
NEWS Bureaucracy and mismanagement holding UN back, says Trump
NEWS Labour Ministry spends 2.66% of annual budgeted estimate in Q1
NEWS Nifty ends at new peak 10,153, Sensex soars 151 pts
NEWS 26/11 Mastermind Hafiz Saeed’s Group To Run For 2018 Elections In Pak
NEWS Rupee gives away initial gains, down 5 paise at 64.13
NEWS Girl dies after falling from 3rd floor in school in Uttar Pradesh

Tag Archives: Indian Railways

RLDA contributing little to Railways; nil income from commercial plots

Despite the immense potential to generate huge revenue for railways by way of non-tariff measures, the Railway Land Development Authority (RLDA) has been contributing little. Primarily it earns by means of Multi Function Complex (MFC) at railway stations and leasing of Commercial Plots for housing & commercial purposes. Through the…

Rlys aims at laying 9.5 KM of tracks a day

Indian Railways has set a daily target of laying 9.5 km of tracks to complete its ambitious line doubling and capacity expansion projects earmarked for the next financial year 2017-18. US-made track-laying machines are being imported to achieve the objective. These machines can lay around 1.5 km of tracks per…

Rlys operating ratio put at 94%

Indian Railways is expected to have an operating ratio of 94% against the targeted 92% for the current financial year despite the huge liability of seventh pay commission and negligible growth in the freight loading, railway minister Suresh Prabhu has said. Operating ratio shows how much of revenue goes into…

Rlys working on major transformation: Prabhu

Railway Minister Suresh Prabhu said Indian Railways is working on a major transformation and is looking beyond traditional options. Addressing the TIDES Leadership Summit – Making the Difference – organised by the Confederation of Indian Industry at The Residency Towers, he said, “We should not necessarily make a difference just…

PM reviews infra sector

Prime Minister Narendra Modi on Monday reviewed the progress of key infrastructure sectors. Top officials from various infrastructure sector Ministries, NITI Aayog, and PMO attended the meeting. As to the petroleum and natural gas sector, the Prime Minister sought to know the steps being taken to ramp up ethanol blending…

Concor to provide timetabled freight services

Concor to launch timetabled freight services between a number of key points without charging extra. The move comes on the back of Indian Railways’ move to launch time-tabled and assured transit time freight trains for containerised routes within a few days without charging any extra freight charges, said multiple sources….

Railways to embark on the world’s largest IT programme

Indian Railways has embarked on a project to integrate its operations using enterprise resource planning (ERP) in order to synergise them and save on costs. Announcing the project at an event for micro, small and medium enterprises in the IT sector, Railway Minister Suresh Prabhu said: “The whole idea is…

Loco pilots ask Prabhu to provide basic facilities

Locomotive pilots with the Indian Railways have written to Rail Minister Suresh Prabhu, urging him to take urgent steps to improve their working conditions and, among others, provide the crew with AC cabins and bottled drinking water en route. A copy of the letter has also been marked to the…

CAG highlights poor state of project execution in Railways

The Indian Railways needs to revisit all projects that are over 15 years old and that do not fulfil the prescribed rate of return to assess their viability, the Comptroller and Auditor General of India (CAG) has recommended. In a report tabled in Parliament on Friday, the CAG said the…

Rift between rlys civil and engg officers widens?

Civil services officers of the Indian Railways have officially formed a separate union called the Indian Railway Civil Services Officers Association and informed Minister Suresh Prabhu of the same. In a letter to him, they said that, over the years, the role of traffic, personnel and finance officers — all…

Rlys to spend whopping $95 billion over next five years

The Indian railways will spend a whopping $95 billion (over Rs. 6.34 lakh crore) over the next five years on ramping up its infrastructure. Morgan Stanley Research’s Industrial Analyst Akshay Soni, who has authored a report on the railways, believes that the “historical lack of delivery in the railways creates…

Central rlys to save between Rs 500-700 cr a year

Effective November 26, Indian Railways has been saving between Rs. 2.5 -3.5 per unit of electricity for running trains on the electric traction in Maharashtra. This has been possible due to Central Railway’s Power Purchase Agreement to avail up to 300 MW power from Ratnagiri Gas & Power Private Ltd (RGPPL)- a…

error: Content is protected !!