Apr 29, 2016 at 15:28 | Source: PTI
Minister of Railways Suresh Prabhu gave these details in Rajya Sabha during the Question Hour, where he also informed members that the government is working to complete the dedicated freight corridor by 2019 after which it is expected that the average speed of Indian trains would go up substantially by 2020.
Apr 22, 2016 at 07:55 | Source: IBNLive.com
The SPV - Maharashtra Railway Infrastructure Development Corporation (MRIDC) - will implement railways projects across the state, besides the Mumbai suburban section, Prabhu said at a joint media briefing along with Chief Minister Devendra Fadnavis.
Apr 18, 2016 at 13:50 | Source: CNBC-TV18
Volume growth in FY17 will be in double-digits, especially on the low base of FY16. The total volumes for the first nine months of FY16 were down 7.6 percent, says Alli Rani, Director-Finance, Concor, in an interview to CNBC-TV18.
Apr 18, 2016 at 09:32 | Source: PTI
Japan has offered a concessional loan of Rs 97,636 crore to fund about 80 percent of the project cost with a repayment period of 50 years beginning from the 16th year of operation at an interest rate of 0.1 percent.
Apr 17, 2016 at 17:54 | Source: PTI
India and oil-rich Iran today decided to significantly expand engagement in their overall ties, particularly in boosting Indian investment in joint ventures in oil and gas sectors in the Persian Gulf nation where foreign investors from major economic powers are rushing in to get early footholds after lifting of nuclear sanctions.
Apr 14, 2016 at 12:48 | Source: PTI
"This fiscal, the cost optimisation move of the Railways will be under pressure owing to implementation of the recommendations of the Seventh Pay Commission," Sanjay Mookherjee, Financial Commissioner, Railway Board, told agency.
Apr 13, 2016 at 21:32 | Source: PTI
The paper said the track capacity addition of railways could grow at compound annual growth rate (CAGR) of a meagre 0.7 percent whereas it witnessed passenger and freight traffic growth of CAGR 3.1 percent and 4.3 percent respectively.
Apr 06, 2016 at 20:26 | Source: PTI
The Ministry of Railways had commissioned Nomura to do a study on measures to re-invigorate the public transporter.
Apr 04, 2016 at 19:18 | Source: PTI
Railways have offered 400 major stations across the country for redevelopment with private participation.
Apr 04, 2016 at 08:02 | Source: PTI
Saudi Arabia is planning to set up world's largest sovereign wealth fund of over USD 2 trillion and India was eyeing a major investment from the country which is India's fourth largest trading partner.