India Railways

The introduction of new passenger coaches and wagons enhanced the demand for the rolling stock. However, the second largest steelmaking nation in the world with a long history in forging, did not create domestic capacity. Wheels and axles are imported from China, Malaysia, Europe and the US to meet the demand-supply gap

Railway PSU IRFC posts Rs 6,337.01 crore profit in FY23

Addressing the Annual General Meeting, Shelly Verma, Chairman and Managing Director of IRFC, said the company reported a total revenue from operations amounting to Rs 23,891.28 crore, a 17.70 per cent year-on-year increase over the last fiscal year.

Railways' Apr-Nov passenger segment revenue surges 76 per cent on year

The total approximate earnings of the Indian Railways on originating basis during April to November was Rs 43,324 crore against Rs 24,631 crore achieved during the corresponding period last year.

Parliamentary panel recommends senior citizen rebate restoration in sleeper, AC 3-tier

In its report submitted on August 4, the Standing Committee on Railways said senior citizens were earlier granted a concession amounting to 40-50 per cent of their railway fares, but the practice was stopped during the COVID-19 crisis.

Railways rejig gets a thumbs up but may not be enough to fix financial mess

‘Shrinking’ the rail board is a good move but reorganisation is unlikely to help the Indian Railways’ financial situation, which is precarious, say experts.

Big Story | Is improvement in freight loading an early sign of economic recovery?

As per the Railway Ministry, on July 27th the total freight loading was 3.13 million tonnes (MT)

3 Point Analysis | Will privatisation of passenger train services increase competition with airlines?

With such world-class travel experience, will these modern trains give airlines a competition? Moneycontrol's Sakshi Batra does a 3 Point Analysis.

Railways operated 1,414 'Shramik Special' trains, 496 from Gujarat, 266 from Maharashtra so far

Out of the trains, which have terminated so far, the maximum has been in Uttar Pradesh (641) while 73 more are in transit, followed by Bihar (310) with 53 more on its way to the state.

ECoR gets award for eliminating all unmanned level crossings

ECoR general manager Vidya Bhushan received the award from Minister of State for Railways Suresh Angadi and Haryana Chief Minister M L Khattar at the 64th National Level Railway Award Function held at Ambala on Sunday.

Monetising assets, improving efficiencies to help reduce spending on railways: Goyal

The railways can also look at monetising many assets that it owns to help reduce spending on railways, said Railway Minister Piyush Goyal.

Suresh Prabhu launches Bandra-Gorakhpur Antyodaya Express

"These express trains and host of other services for Mumbai suburban stations were launched by the Railways Minister through video conferencing," a Western Railway release said.

Flexi fare: Railways earn additional Rs 540 crore in less than a year

The scheme, launched on September 9 last year, is applicable in Rajdhani, Shatabdi and Duronto trains, allowing 10 per cent of the seats to be sold at normal fare and thereafter increasing it by 10 per cent with every 10 per cent of berths

Capital raised will be used to augment working capital: Goodluck

In an interview to CNBC-TV18, Ram Agarwal, CEO at Goodluck India spoke about the latest happenings in his company and sector.

Railway Budget 2015-16: Suresh Prabhu's Speech

Below is the speech of Suresh Prabhakar Prabhu introducing the Railway Budget for 2015-16 on February 26, 2015.

COMPAT issues notice to CCI over JSPL plea over SAIL,IR MoU

The Competition Appellate Tribunal issued notice to fair trade regulator CCI over the plea of Jindal Steel and Power Ltd challenging closure of its complaint over the exclusive supply agreement between the Indian Railways and steel major SAIL for supply of rails.