Rail Stocks 13
Mumbai: Fears of spending cuts, coupled with lower revenue realisation in the upcoming railway budget dented the sector specific stocks on Wednesday. According to market observers, stocks of companies associated with the railways ended the day’s trade in the red. “There is a general expectation that the railways has not […]

Fears of spending cuts dent railway stocks

Safety in Railways
The financial implication of the recommendations is Rs 20,000 crore per year for five years based on 2012-13 prices In a major move towards safety upgrade of Indian Railways, the government has decided to implement the Anil Kakodkar committee report on safety tabled four years ago in Rail Budget 2012-13. […]

Centre green lights Safety Upgrade of Indian Railways

Sitalapalli Wagon Factory
Sitalapalli: Work on the proposed railway wagon factory at Sitalapali in Ganjam district of Odisha is yet to start, five years after the Centre announced the project. Discontentment is brewing among the people due to alleged apathy of the railways. The then Railway Minister Mamata Banarjee had announced construction of […]

Work at proposed Sitalapali Railway Wagon factory yet to Start

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On February 25th, 2016, Railway Minister is going to reveal his 2nd Indian Railway Budget For Year 2016-17. Indian Center railway Minister Suresh Prabhu will discuss our new rail budget in parliament. People are very curious about budget because all these budgets directly effects on our pocket so they want […]

Railway Budget 2016: Shatabdi to have Semi-High Speed coaches, new ...

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New Delhi: Ahead of the Railway Budget, industry body ASSOCHAM today asked Railway Minister Suresh Prabhu to muster political courage and go in for a hike in the passenger fares, saying they have been kept low at the cost of freight traffic. “There is lack of political will to raise passenger fares […]

Show Political Will and raise Passenger Fare: ASSOCHAM

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The railway minister’s budget speech might be the one that catches the nation’s eyeballs, but if old-time railway officials are to be believed, it’s the Pink Book one should look for. The Pink Book is the official register of the railways that lays down to the last rupee the money […]

Railway Budget 2016: Pink Book matters, not the Railway Budget ...

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Railway minister Suresh Prabhu, in his previous Budget, had said he envisages an investment of Rs 8.5 lakh crore over the next five years to achieve his stated goals In his previous Budget, Railway Minister Suresh Prabhu had laid out a five year road map with an ambitious capital outlay […]

Rail Budget 2016: Capital Outlay at Rs.1.25 Lac Crore expected: ...

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Railway budget 2016: The total project cost of the Mumbai-Ahmedabad corridor being around Rs 98,000 crore, India will have to invest around Rs 18,000 crore to meet its part of the deal Ahead of the Rail Budget, the government has taken a step forward in making bullet train a reality […]

Railway Budget 2016: Towards a High-speed Railway future

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With the advent of electronic medium of transmission of communication, there has been a continuous emphasis on avoiding unnecessary use of paper, duly substituted by better and increasing use of computer based communication. It is an environment friendly initiative. A very good initiative has been taken by Budget Wing of […]

Railway Board goes green in preparation and communication of Rail ...

Richa Industries
Shares of Richa Industries were up nearly 3% at Rs 30.50 on the BSE after the company announced that it has secured an order worth Rs 23 crore from IRCON International Ltd, a public sector undertaking incorporated by the Ministry of Railways. The order is for the construction of five pre-engineered […]

Richa Industries gains on Purchase Order from IRCON

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A significant amount will be earmarked for safety upgradation, electrification, doubling and modernisation of yards New Delhi: The Railway Budget is expected to focus on massive capacity creation in the rail sector with an increased outlay of about Rs 1.25 lakh crore. A significant amount will be earmarked for safety upgradation, […]

Railway Budget 2016: Focus on massive Capacity enhancement with increased ...

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Gradual replacement of bogies of Shatabdi express with those to be used in semi-high speed trains, a new colour scheme, state-of-the-art furnishing of coaches and Radio-Frequency Identification (RFID) tagging of linens are some of the proposals likely to feature in the Rail Budget 2016-17. Besides, the scheme of manufacturing ‘Anubhuti’ […]

How the Railway Budget will make Train Travel a better ...

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Mumbai: Stock markets are likely to see volatile trading sessions this week amid derivatives expiry, with all eyes set on Railway Budget, say experts. “Trend in global markets, crude oil prices, Economic Survey, reform measures announcement in upcoming Railway Budget and rupee-dollar movement will dictate trend on the bourses. Indices may remain […]

Rail Budget: Stocks likely to witness volatile trading this week ...

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New Delhi: Freight traffic, the bread and butter of Indian Railways, is not showing any signs of take-off to a higher trajectory, as trends till last November have revealed. Freight loading has been approximately 720 million tonnes, as against the proportionate budgeted target of 775.7 MT – reasons being attributed […]

Railway’s Freight Traffic fail to show any signs of improvement

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After 69 years of independence, Southern Assam gets direct train to New Delhi. Focus is to connect North-east with rest of India via a robust rail network; said Suresh Prabhu, Union Minister of Railways Silchar: Union Railway Minister Suresh Prabhu today flagged off three trains, connecting the Barak valley with Manipur […]

Barak Valley now connected with Manipur, Tripura and Delhi

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Prime Minister Modi asks States to revamp Railway stations into icons New Delhi: The centre is likely to increase its investment in the modernisation of railways by 20 percent to 30 percent in the upcoming railway budget, apart from “rationalising” freight tariffs in the wake of falling revenue from goods transportation. The […]

Centre likely to Spend more to Modernise Indian Railways

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New Delhi: Multi-million dollar companies met with city railway officials to introduce the technology of advanced signalling system on Wednesday, but the proposal has raised questions, as it will require an investment of Rs.6500 crore and Metro type rakes. The meeting, which was held at Marine Drive’s Trident Hotel, saw […]

Railway Cos mulling ‘Cab Signalling’ system for Indian Railways

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“How long will you continue to depend on the Railway Board…Why don’t you consider setting up of an elevated rail corridor?” Mumbai: The Bombay High Court on Thursday came down heavily on Railways for ignoring safety of passengers in suburban trains and asked authorities to consider approaching investors at ‘Make […]

Approach Make in India Investors for Elevated Rail Corridor: HC ...

IR & Sweden cooperation
New Delhi: To run goods trains in cold conditions, railways today joined hands with Sweden for technical cooperation in rail sector between both countries. “Sweden being the cold country, it has expertise on freight operation in the freezing weather. Now Indian Railways is also aiming to operate freight during the cold […]

Railways sign MoU with Sweden on Technical Cooperation

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New Delhi: Indian Railways on Tuesday said it unveiled a new micro-website for Railway Budget 2016-17 to update people instantly and enable them to watch it live. “It will be a one-stop shop for all Railway Budget related information. One can watch budget live also here,” said an official statement. […]

Railways unveils micro-website for Rail Budget 2016-17

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Nagpur: Drifting away from the tradition of announcing populist measures, the railway budget will gradually be a mundane exercise. According to sources, much of the headline policy and its announcement will be made throughout the year with no major new projects, trains, line announcements coming in the budget to be […]

Railway Budget 2016: More thrust on existing projects likely

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Several railway employees claim to have seen a Ghost in white saree there Begun Kodar: At Begun Kodar in West Bengal, a mysterious woman in a white saree walks along the tracks of a lonely railway station. Faces full of disbelief and fear eye me as I ask locals for […]

Begun Kodar popularly known as Ghost Station on the Indian ...

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Jaipur: Railway Minister Suresh Prabhu has been winning accolades for his prompt replies to tweets of passengers in distress and following it up with swift action. Let’s hope this would be the case here too. Family members of late fourth-class employee, Vijaypal, allege that the gross negligence of the doctors […]

It’s time to pay attention to Railway Hospitals

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Video streaming application PressPlay TV has started offering free video service in some trains, and is in talks to expand service to about 30 trains soon. PressPlay TV has tied up with North Western Railway to offer free VoD service on Delhi-Bikaner bound Bikaner Intercity, and Delhi-Udaipur bound Chetak Express […]

Now, free Video Streaming in some Trains with PressPlay TV

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Bengaluru: The Bengaluru division of the South Western Railway (SWR) is facing a shortage of 500 maintenance staff, which is a crucial aspect, as extensive electrical, mechanical, signalling and telecom maintenance is undertaken on a daily basis by them. Divisional Railway Manager Sanjiv Agarwal told that these workers were required for […]

SWR Bengaluru Division short of 500 Maintenance Staff

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New Delhi: Facing a decline in loadings demand, railways is mulling various options including entering into untapped areas like auto and FMCG to increase freight revenue. “The need of the hour is to enter new areas to expand the freight operation in a significant way,” said a senior Railway Ministry official, […]

Railways to tap Auto and FMCG sectors in big way

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New Delhi: Instead of a bullet train in the country, the Indian Railways should work on improving existing facilities, believes the ‘Metro Man’ Dr E Sreedharan. On sidelines of a function in Nagpur on Thursday, the former chief of Delhi Metro said, “This is not the right time for bullet […]

Not the right time for Bullet Trains in India, says ...

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The cabinet committee on economic affairs approved the construction of six railway lines and a railway bridge. The proposals will cost over Rs.10,700 crore, according to a report, citing railway minister Suresh Prabhu. New Delhi: Shares of railway sector-linked firms trade higher after media reports that cabinet committee on economic affairs […]

Rail sector linked firms gain as CCEA clears 6 Rail ...

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Railway Ministry urged to extend jurisdiction of Konkan Railway up to Ullal Udupi: Sanjay Gupta, Chairman and Managing Director, Konkan Railway Corporation Ltd (KRCL), said on Monday that the project for electrification of the Roha-Thokur railway line on Konkan Railway had already been sanctioned and the first phase electrification work of […]

First phase Electrification of Konkan Railway route to start soon

The Asian Development Bank (ADB) will fund US$1.5 billion to build a rail line that will connect Cox’s Bazaar, Bangladesh’s southeastern beach resort, to neighboring Myanmar as part of a larger Trans-Asian Railway network, reported the Indian Business Standard newspaper. On a report released on February 19, Head of Bangladesh […]

ADB to fund US$1.5 bn for Bangladesh-Myanmar Railway network

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Central Railway in race to get Western Railway coaches Mumbai: The Central Railway (CR) is racing against time to get coaches from the Western Railway (WR) before 12-coach train services are operated and the Harbour line is converted from direct current (DC) to alternating current (AC). However, Central Railway’s plan […]

CR plan to switch to 12-car Rakes by June may ...

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Mumbai: The Bombay high court on Thursday reprimanded the railways for not taking any concrete step to reduce crowd in suburban trains, which is causing the death of many people. The court also asked the authorities to consider approaching investors at ‘Make in India’ Week for setting up an elevated […]

Utilise Make in India Week for Railways: Bombay HC

Trains PH Candidates
New Delhi: The forthcoming railway budget, to be presented by Railway Minister Suresh Prabhu on February 25, must focus more on passenger services and amenities, including safety and punctuality, said a online survey by a social media platform. “Citizens want quality and hygiene of food served in trains improved, more phone-charging […]

People want more focus on services, amenities, says survey on ...

Iron ore Freight by Train India
New Delhi: Railways freight volume is likely to grow by 2.1 per cent in the next fiscal as compared to its one per cent growth in 2015-16, according to a study. The National Council of Applied Economic Research (NCAER) study on factors impacting railway freight traffic in India, presented to Railway […]

IR to see 2.1% growth in Freight next fiscal; from ...

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New Delhi: Railway officer Vinay Kumar Singh is learnt to have been chosen for appointment as Managing Director of the National Capital Region Transport Corporation (NCRTC), the implementing agency for the three corridors of the Regional Rapid Transit System (RRTS) in the NCR zone. While about 30 senior officials in the […]

Railway officer VK Singh to head NCRTC

Sanjay Gupta, Chairman and Managing Director, Konkan Railway Corporation Ltd (KRCL), said on Monday that the project for electrification of the Roha-Thokur railway line on Konkan Railway had already been sanctioned and the first phase electrification work of 330 kilometres from Thokur to Verna will commence soon. Speaking to presspersons […]

Roha-Thokur Rail Line: First phase Electrification of Konkan Railway route ...

National Academy of Indian Railways (formerly Railway Staff College), Vadodara where the proposed Railway University is being planned to be set up by Centre 1184
Vadodara: Vadodara-based National Academy of Indian Railways (NAIR) may be upgraded into a Railway University even as the Centre works on setting up four Railway Universities across the country as proposed by Prime Minister Narendra Modi last year with the aim to train manpower for the Indian Railways. Human Resource […]

NAIR suitable to be made into a Railway varsity, says ...

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Vadodara: Tenders worth Rs 17,500 crore related to dedicated freight corridor (DFC) project will be finalised by March, said Minister of State for Railways Mr.Manoj Sinha here on Saturday. Talking to reporters here, he said most of the land acquisition and statutory clearances for DFC have been completed or obtained. Project […]

INR 17500 Crore DFC Tenders to be finalised by March: ...

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New Delhi: Railways will equip Gangmen with a modern device called ‘Rakshak’ as part of a move to augment safety of its employees involved in track maintenance. Gangmen, now redesignated as Track Maintainers, are most vulnerable to getting run over by trains while performing their duty round-the-clock. About 400 gangmen are […]

Railways to equip Gangmen with Safety Device ‘Rakshak’

Suresh at Global Biz Summit
The Railway Ministry is investing billions of dollars to modernise the sector and give a push to the ‘Make in India’ initiative which is a marathon, not a sprint, says Railways Minister Suresh Prabhu. Railway Minister Suresh Prabhu said the biggest challenge before the country is building an ecosystem in which investments […]

Time to match good politics with good economics: Railway Minister

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Vadodara: Union Minister of State for Railways Manoj Sinha has said Mumbai will continue to be the headquarters of the Western Railway (WR). Sinha, who was on a two-day tour of Vadodara division, WR, told PTI yesterday, “Mumbai will continue to be the WR headquarters and the proposal to shift […]

Mumbai will continue to be Western Railway Headquarters: MOSR

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New Delhi: In some relief to the railways, the finance ministry has restored support to the national transporter from general exchequer to the tune of Rs 32,000 crore for the current financial year. The ministry had earlier slashed the gross budgetary support (GBS) to the railways by Rs 12,000 crore for […]

Relief for Railways as Finance Ministry agrees to release Rs ...

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This has been done to prevent any possible misuse of online booking facility as it has been felt that a genuine passenger does not require to book tickets online for more than six times in a month New Delhi: Come February 15, passengers can book train tickets online only six […]

Railways to allow booking of eTickets only 6 times a ...

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New Delhi: The railways has claimed that the Punjab government’s ‘reluctance’ to acquire land has delayed railway projects meant not only for the state but also for Himachal Pradesh. Laying of rail lines from Chandigarh to Baddi and from Amb Andaura (Himachal Pradesh) to Talwara (Punjab) are among the delayed […]

Punjab Govt’s reluctance to acquire Land delaying Rail Projects: Indian ...

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New Delhi: Helping Indian Railways judge the efficacy of its cleanliness initiatives at stations across the country, IRCTC has engaged market research firm TNS India which has begun surveying passenger satisfaction levels and shortcomings of the ambitious Swachh Rail mission. TNS India Pvt Ltd, which was formerly known as Taylor Nelson […]

IRCTC Engages TNS India to gauge Results

Railway Unions 690
New Delhi: Junior Engineers (JEs) and Senior Sections Engineers (SSEs) in the Railways will go on mass leave on Wednesday to press their demand for the Group B status. The engineers are apparently upset over the Seventh Pay Commission, which did not grant them the Group B status despite a […]

Railway JEs and SSEs goes on Mass Leave for Group-B ...

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Chennai: A senior officer of Southern Railway, known or his no-nonsense and straightforward approach, has been transferred, allegedly due to strong-arm tactics adopted by the Southern Railway Mazdoor Union (SRMU). SRMU claims to be the sole recognised employee union of the zonal railway . B Ravichander, an Indian Railway Traffic Service […]

Buckled under Union’s pressure, Southern Railway shunts tough officer

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Bangalore: Six years after it was conceived and three years after the Centre approved it, plans for the Metro Rail airport link remain on paper because Bangalore Metro Rail Corporation (BMRC) has not finalized the alignment. The proposed line between Gottigere and Nagavara in Phase 2 of the Metro project […]

Bangalore Metro Rail yet to decide on route for Airport ...

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Bangalore: The Hassan-Bengaluru railway line will become operational by June this year, A. Manju, Minister in-charge of Hassan district, said here on Monday. “As per the earlier plan, the project should have been completed by March this year. However, I am told that it will take two more months,” the […]

Hassan-Bengaluru Railway Line to become Operational by June

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New Delhi: Despite Railways being the most economical mode of transportation, its traffic is going down as compared to other modes of transport and the reason is Railways has not spent enough for developing basic infrastructure for the freight sector, Railway Board Chairman A K Mital said today. Inaugurating the 16th National […]

Railways needs more Spend on basic Infrastructure in Freight Sector: ...