Despite being the lifeline of the country, questions around safety have plagued the Indian Railways for decades. Train derailment, pedestrian crossing the railway track, train collision are some of the major concerns.
In a statement, a Railway Ministry spokesperson said: "Recently, there have been some reports in the section of media about higher price being charged from those travelling in passenger trains over small distances."
It was conceived by RCF and work on its design started on war footing in October 2020. The new coach can carry more passengers as the berths have been increased from 72 to 83.
As per the statistics till February 8, Indian Railways loading was 30.54 million tonnes which include 13.61 MT of coal, 4.15 MT of iron ore, 1.04 MT of foodgrains, 1.03 MT of fertilizers, 0.96 MT of mineral oil and 1.97 MT of cement (excluding clinker).
Personally, I love long train journeys. Travelling on the Coromandel Express from Howrah to Chennai, Netravati Express from Mangalore to Mumbai (when it ran on metre gauge), and the Rajdhani from Delhi to Mumbai and Kolkata are some of my favourite travel memories.
A total of 4,539,635 shares changed hands on the counter till 02:15PM (IST).
According to the railway officials, the operating ratio shows how efficiently the national transporter is operating and how healthy its finances are.
Most brokerages say the IRFC IPO is attractively priced and can be a good bet for conservative long-term investors, given the company's low-risk profile and consistent earnings visibility.
BookBaggage already offers baggage delivery services for airline passengers and has now extended it to Railways passengers, the company said in a statement.
BookBaggage already offers baggage delivery services for airline passengers and has now extended it to Railways passengers, the company said in a statement.
This deal will give Modi government's 'Atma Nirbhar Bharat' mission a big boost. Railways, for the first time, had put a condition that the tender would require a minimum of 75 per cent of the content be made locally.
The SKM had said that the rail blockade will held across the country from 12 pm to 4 pm. The announcement came amid the ongoing protests against the laws at Delhi's borders by farmers, mostly from Punjab, Haryana and Uttar Pradesh, and 'mahapanchayats' that are being organised in these states to garner support for the movement.
Indian Railways is working hard to create a dedicated freight corridor. Railways expect freight trains will be running on 40 per cent of the dedicated freight corridor by next year. Govt hopes DFC will unlock true freight potential of Indian Railways, ensure faster and economical transportation of goods and spur job creation. (Representative Image)
According to a PTI report, the Indian Railways on February 10 rolled out its first air conditioned three-tier economy class coach which is being touted by the ministry to be “synonymous with the cheapest and best AC travel in the world". These coaches, officials said, will be “economical” and in between the current AC three-tier and non-AC sleeper class.
Vande Bharat Express was flagged off by Prime Minister Narendra Modi in 2019. The 'made in India' trains covers the distance between New Delhi and Varanasi in 8 hours and runs 5 days a week, except for Monday and Thursday.
According to the Railway officials, the interior of the coach has luminescent aisle markers, illuminated berth indicators integral with night lights with luminescent berth numbers.
DMRC took a major step towards the development of an indigenously-built signalling technology for metro trains in line with the govt's flagship 'Make in India' initiative.
Further, it plans to achieve freight movement of 2024 million tonne by 2024 as part of its Vision 2024 as against the current 1210 million tonne in 2019, which is 27% of the total national freight of 4700 million tonne last year. The IR has estimated total national freight movement till 2026 at 6400 million tonne.
“This time onwards, in a paradigm shift, Railways has focussed on the completion of existing projects quickly as well besides simultaneity working on the new projects announced,” the railway ministry said in a statement on Wednesday.
Launching the Indian Railways’ freight business development portal, Goyal, who is the minister for railways, said that the government was looking to make the National transporter a customer centric organisation which runs professionally to serve its customers.
Indian Railways to refund full ticket to passengers who missed their train from Delhi due to farmers' stir
The refund is applicable for all ticket holders who were unable to reach the Railway station in Delhi and could not take train due to farmers tractor rally.
Railway Board has accepted the field performance test report of RDSO and considered UIC 60 kg, 880 Grade prime (Class- A) rails are suitable for use in Indian Railways.
Indian Railways introduced fancy coaches called Vistadome in 2017. It has since installed these special coaches in several tourist routes for a scenic journey. Now the Railways are making these coaches faster.
10 firms show interest in railways' 'roll on-roll off' service on Western Dedicated Freight Corridor
Ten organisations participated in the pre-bid conference, including the Konkan Railways. The Ro-Ro service consists of the carriage of loaded and empty trucks on flat rail wagons, which will enable door-to-door service, piggybacking on fast and safe movement on rail tracks. A request for proposal (RFP) in this regard was floated by the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) on February 16.
Noting that the steel production and consumption of the metal are expected to grow on the back of government initiatives, the transportation of raw materials to steel mills and finished steel to demand centres is an area to be looked at, ISA Secretary-General Bhaskar Chatterjee said in his address.
According to a PTI report, during the last few months, Indian Railways has brought in several initiatives to attract more business towards its parcel services. These include running of Kisan Rail trains to facilitate movement of farm and agri-produce, grant of discounts on sectors where parcel vans and parcel trains are returning empty, grant of discount on loading of 24 parcel vans in a single train, opening of all goods-sheds, Private Freight Terminals and Private Sidings for parcel traffic and started the parcel train for export traffic to Bangladesh. (Representative Image)
According to a report by TOI, the Railway Budget this year may throw more light on Indian Railways plan to introduce new bullet train networks in the coming years. Finance Minister Nirmala Sitharaman will present the Union Budget 2021 on February 1 with the Railway Budget 2021 being part of it. Recently the Indian Railways released its draft National Rail Plan 2024 which proposed almost 8,000 kilometres of bullet train network across the country by 2051.
By 5:00 pm on Tuesday, the issue received bids for 152.64 crore shares, which was 122.35 per cent of the issue size of 124.75 crore shares. The issue was subscribed 65 per cent on the first day.
SBI, Kotak Bank & IRCTC send out sell signal, select smallcap stocks look set to rally, suggests MACD
The list included HBL Power Systems, Snowman Logistics, Zuari Agro Chemicals, Newgen Software Tech, Muthoot Finance and Dishman Carbogen. These stocks gained up to 14 per cent intraday so far.
The three-day initial share-sale of IRFC would be open for public subscription during January 18-20, while the IPO of Indigo Paints would open on January 20 and conclude on January 22.
The Indian Railways has been increasing the number of train services in a graded manner. "Already more than 65 per cent trains are running. Over 250 plus trains were added in January alone and more will be added gradually," a spokesperson said.
Dealers say the stock was commanding a grey market premium of Rs 1.60 over the upper limit of the price band of Rs 25-26 a piece on Thursday afternoon, compared with Rs 1.20 earlier in the day.
The government has set a target of raising Rs 2.1 lakh crore through divestment in current fiscal year.
Here is a look at the proposed redevelopment plans for the New Delhi Railway Station. Watch New Delhi Railway station: Here is how redeveloped transport hub will look like
From vistadome trains to a scenic Kevadia station, how Indian Railways is trying to attract tourists to Statue of Unity
Prime Minister Narendra Modi on Sunday flagged off eight trains connecting different regions of the country to Kevadiya with an aim to facilitate seamless connectivity to the Statue of Unity in Gujarat.
"The rail roko agitation passed off without any untoward incident. There was negligible or minimal impact on running of the trains across the country. Train movement in all the zones is normal now," the spokesperson said.
"Around 25 trains have been regulated so far. There has been minimum effect on rail services due to the agitation," Northern Railway spokesperson Deepak Kumar said.
The RLDA has invited bids for grant of lease for the redevelopment of 2.18 hectares of Boulevard Road Railway Colony for 99 years, with a reserve price of ₹393 crore.
According to a report from TOI, barely days after the government declared complete lockdown in March suspending operation of air, road and rail travel due to the pandemic, Indian Railways got a unique task to transport a batch of swab samples from Delhi to Indore for testing at a lab within a set time-line. The national transporter sent these samples with a guard deployed in a freight train and there was complete monitoring till the samples were collected by the staff of the designated laboratory.
The 'disposable bedding comfort kit' will have a blanket, bedsheet and a pillow, which a passenger can purchase from a stall set by a private firm at stations.
Fund managers were seen subscribing to shares worth Rs 927 crore in the IRFC IPO. They bought Rs 143 crore worth of shares in Indigo Paints, Rs 117.82 crore in Home First Finance IPO and Rs 50 crore in the Stove Kraft offering.
"There have been a series of reports in the media about the resumption of full passenger train services from a given April date. It is being reiterated again that no such date has been fixed," Indian Railways said.
With the introduction of this modern Tejas Sleeper type train for long distance journey, the Indian Railway is making a paradigm shift in the travel experience for the passengers, it said.
The issue is part of IRFC's $4-billion global medium-term note programme, the exchange said in a statement.
As per new SoP, all passengers to Maharashtra need to carry RT-PCR negative test report before entering the state. Also, the test report must be done within the last 96 hours.
According to a report by PTI, tea will be sold in environment-friendly 'Kulhads' (earthen cups) in place of plastic cups at all railway stations in the country, Railway minister Piyush Goyal said on Sunday. Speaking at an event organised at the Digawara railway station in Rajasthan's Alwar district, the minister said the initiative will be the contribution of the Railways towards a plastic-free India.
"Policing on Railways being a state subject, prevention of crime, registration of cases, their investigation and maintenance of law and order in Railway premises as well as on running trains are the statutory responsibility of the state governments, which they discharge through Government Railway Police (GRP)/District Police," Goyal said.
The loading this November included 48.48 million tonnes of coal, 13.77 million tonnes of iron ore, 5.1 million tonnes of foodgrains, 5.41 million tonnes of fertilizers and 6.62 million tonnes of cement (excluding clinker).
While the station for the proposed Delhi-Varanasi high-speed rail corridor will be around the Sarai Kale Khan-Nizamuddin station area, National High Speed Rail Corporation Limited(NHSRCL) is exploring locations for other 2 stations - Delhi-Ahmedabad and Delhi-Amritsar HSR corridor.
According to a report by ANI, as passenger footfall increases at railway stations ahead of the festival season, the Railway Board has started reviewing security, crowd management, enforcement of COVID-19 protocols, and action against human trafficking. To provide better safety and security to lady passengers travelling by trains, a new initiative "Meri Saheli" was launched. RPF has launched this initiative for the security of lady passengers during their train journey. This initiative is aimed to instil a sense of security among the lady passengers and respond effectively to any security-related issue faced or seen by lady passengers.
The makeover, which will see a mix of retail, office and hospitality spread across 30 acres near the prime Connaught Place area, is part of the railway monetisation plan undertaken by the Centre.
"As per information available, 813 coaches were deployed at different stations as requisitioned by state governments. The total expenditure incurred on conversion of coaches into isolation wards and medical units was Rs 39.30 crore during April 2020 to December 2020," he said.
This is the maiden debt market activity that Railways' financing arm has done since going public on January 29 after the biggest IPO of the fiscal collecting Rs 4,633 crore through a public issue.
Finance minister Nirmala Sitharaman while presenting the budget on Monday said that the Indian Railways will go for monetising the DFC assets as part of the government’s plans to recycle operating assets.
Uttarakhand CM Rawat thanks Centre for budget outlay of Rs 4200 cr for Rishikesh-Karnaprayag rail link
A target has been set to complete work on Rishikesh-Devprayag section by 2023-24 and Devprayag-Karnaprayag section by 2024-25.
From Kisan Rail to DFC, Railway projects that were executed during pandemic to boost Atmanirbhar Bharat
During his address, President Kovind praised the govt for carrying out the projects that helped India become self-reliant even during the pandemic.
IRFC is the third company to have listed below the offer price in the past four months. In October, UTI Asset Management Company listed at a 12 per cent discount to the offer price.
Alkem Laboratories, AU Small Finance Bank, Deepak Nitrite, Indian Railway Catering and Tourism Corporation and Nippon Life India Asset Management with effect from February 26, the exchange said in a circular.
The listing was weak compared with the tepid premium unlisted shares of IRFC were commanding in the grey market. A rebound in the secondary market after a five-day selloff failed to lift the counter.
The smart switch window offers passengers a sense of security and convenience. In the 'switched off mode', the smart window turns opaque, preventing UV radiation and also ensuring passenger privacy.
According to a report by IANS, Indian Railways has completed the Request for Qualifications (RFQ) evaluations for PPP in passenger train operation project and out of 120 applications, 102 were found eligible to participate for Request for Proposal (RFP) stage, a press release by the Ministry of Railways said.
The IRFC IPO drew strong response from investors last week as it was oversubscribed several times with retail and high net-worth individuals driving the interest.
According to a report by ET, the government is planning to increase the number of Kisan Rail trains under the Indian Railways, which transport vegetables and fruits to different parts of the country, to help farmers get better prices and reduce wastage, which is to the extent of 15%. “Currently, we are running four Kisan Rail trains. There has been more demand for running such trains as farmers are getting benefits. The Indian Railways, in close coordination with the agriculture ministry, is planning to introduce more trains and routes,” said a senior agriculture department official.
According to the official release, the first phase of the exam will commence from December 15 till December 18, 2020, for isolated and ministerial categories. This will be followed by NTPC categories from December 28 to tentatively till March 2021 and the third recruitment for Level-1 from tentatively April 2020 onwards till June end, 2021.
Travelling in Indian Railways is going to get much more comfortable as some trains have introduced a new and innovative design for the side lower berths.
A total of 48,22,290 shares have been allotted to 32 anchor investors at Rs 385 apiece, which is the upper end of the price band. At this price, the company raised Rs 185.68 crore, according to a BSE circular issued late evening on Friday.
The Indian Railways awarded the Vande Bharat-type train sets tender to Hyderabad-based Medha Servo Drives for Rs 2,211 crore on Friday. The contract involves the designing and manufacturing of propulsion, control and other equipment required for making 44 rakes.
To attract new business and incentivise other existing clients, the Railway ministry has held meetings with top leadership of iron and steel, cement, power, coal, automobiles and logistics service providers in the past weeks.
Loading between April to October stands at 641.94 million tonne, which is over 94% of last year’s loading, according to the latest data released by the ministry of railways. Loading between April-October 2019 was 680.78 million tonne.
This would be the fourth company to launch an IPO in this year, after Indian Railway Finance Corporation which concluded on Wednesday, while Indigo Paints and Home First Finance Company are currently open for public subscription.
The Rs 4,633 crore IPO of Indian Railway Finance Corporation (IRFC) was subscribed 3.49 times on the final day of bidding on Wednesday.
Retail portion was subscribed 3.6 times while the quota reserved for qualified institutional bidders (QIBs) got subscribed 3.8 times. However the high networth individual segment was subscribed only 2.67 times.
IRFC has already raised Rs 1,398.63 crore from 31 anchor investors. The issue will close for subscription on January 20.
Railways renames Howrah-Kalka Mail as 'Netaji Express' ahead of Netaji Subhash Chandra Bose's birth anniversary
Days before the nation celebrates the 125th birth anniversary of Netaji Subhas Chandra Bose, the Indian Railways on Tuesday renamed the Howrah-Kalka Mail as the ‘Netaji Express’. The great freedom fighter was born on January 23, 1897 and floated Azad Hind Fauj to fight for India's independence. Netaji’s prakram had put India on the express route of freedom and development,” the ministry of railways said.Railways renames Howrah-Kalka Mail as 'Netaji Express' ahead of Netaji Subhash Chandra Bose's birth anniversary
India railways had stopped catering services in trains ever since the first lockdown was announced about ten months back. However, Indian Railways has allowed the e-catering services to resume in the trains. They will now be permitted to resume functions depending upon the feasibility, availability of staff and local restrictions.
By 5:00 pm, the issue received bids for 808.9 million shares, which was 64.8 per cent of the total issue size of 1,247.5 million shares. Ahead of the IPO, IRFC said on Saturday that it had raised Rs 1,398.63 crore from 31 anchor investors. The issue will close for subscription on January 20.
With the resumption of several long-distance and special trains, there was a growing demand to resume the services for supplying "hot, healthy and hygienic food to the passengers in the trains by nominated vendors of IRCTC", an official said.
The Central Bureau of Investigation (CBI) on Sunday arrested a senior Indian Railways Engineering Service (IRES) official along with two others for allegedly accepting a bribe of Rs 1 crore. The probe agency also carried out searches at 20 locations across the country, including Delhi, Assam, Uttarakhand, and two other states, news agency PTI reported.Senior Railways officer, 2 others arrested by CBI for taking Rs 1-crore bribe
The fares of these trains will be similar to those applicable for special trains, which means 'special charges' will be levied making the tickets costlier by 10-30 per cent as compared to the fares of mail/express trains, depending on the class of travel.
Jindal Steel and Power Limited (JSPL) is the first and only Indian manufacturer to develop 60E1 1175 Heat Treated(HT) Rails suitable for High speed and High Axle Load applications.
For the first time, the state owned company has made provisions for allotment to anchor investors to help garner more value for the IPO.
The shares sought were 522.89 per cent of the overall issue size on the final day of bidding, as per provisional data available on bourses.
It further said that the festival special trains that started in October last year are still running as part of longstanding practice of catering to extra rush during such a period.
These trains will have a fare that's more than the mail/express trains and will be on par with special trains. The Ministry of Railways had given its approval to Zonal Railways' proposal for the operation of 196 pairs of Festival Special trains.
Here's the list of trains that got cancelled or diverted by Indian Railways due to farmers agitation
The 09613 Ajmer-Amritsar express special train journey commencing on December 2 will remain cancelled. Consequently, the 09612 Amritsar - Ajmer special train commencing on December 3 will also remain cancelled.
Given the low-risk business model, cheaper valuation, and the government’s focus on expanding railway infrastructure in the country, long-term investors may subscribe to the IPO.
According to a report by PTI, the railways has suspended the operations of its corporate trains run by the IRCTC from Lucknow to Delhi and Ahmedabad to Mumbai as they found few takers amidst the coronavirus pandemic following the resumption of services more than a month ago.
Proposed to be set up in line with the Indian Railways Finance Corporation, the new body could raise funds from the capital market and provide more stability to defence purchases that are often delayed due to the unavailability of capital.
In an attempt to make India plastic-free, Indian Railways is now planning to serve tea in Kulhad (earthen cups) at every railway stations across the country, informed Railway Minister Piyush Goyal at an event in Rajasthan’s Alwar on November 29. He said, “There're nearly 400 railway stations serving tea in Kulhad (earthen cups). We're making efforts to implement the same across the country as Railways' contribution in making India plastic-free. It'll also generate employment.”Indian Railways plan to serve tea in Kulhad at every stations across country: Piyush Goyal
Private companies will be entitled to a share in the terminal charges and terminal access charges for all inward and outward traffic dealt at the goods-shed for a period of five years from the date of completion of work, the policy document, a copy of which has been reviewed by ET, said.
According to a report by TNN, the Mumbai Railways has decided to introduce portable spittoons or spit pouches and containers that will be made available to the public at a price of 10 and 20 rupees, respectively.
The station redevelopment plan of Indian Railways will release about 20 million sq ft of real estate, attracting investment of Rs 50,000 crore, said senior railways officials. Of the 123 stations on the list for redevelopment, railways aims to issue tenders for 50 by March 2021.
In light of the coronavirus pandemic, the Indian Railways had withdrawn blankets from all AC coaches earlier this year. Now news is coming in that even after resuming full services, the railways may cease providing blankets, pillows, hand towels and sheets.
Lifeline Express, which formally known as Jeevan Rekha Express, started running from July 1991. This is the world's first hospital train that covers the country's remote areas, providing free treatment to people in need. Presently, it is stationed at the Badarpur station in Assam serving patients free of cost.
Investors can expect 5% or higher tax free return in a time horizon of three and a half years. This is billed as an opportunity to earn higher interest income when traditional domestic rates are at record lows.
PM Modi launches 306-km stretch of Western DFC, says freight corridor project will lead to rapid development
PM Narendra Modi on Thursday dedicated the 306-km New Rewari-New Madar section of the Western Dedicated Freight Corridor (WDFC) to the nation. The Prime Minister also flagged-off the world's first electrified double-stack long-haul 1.5-km-long container train from New Ateli-New Kishangarh, via video link. Addressing the event he said the dedicated freight corridor project is being seen as a game changer for India in the 21st century and will lead to rapid development of the country. Watch highlights from PM Modi's remarks. (Text: PTI)PM Modi launches 306-km stretch of Western DFC, says freight corridor project will lead to rapid development
In a major relief to passengers and airport staff at Kempegowda International Airport (KIA), South Western Railway on Monday launched suburban train services to newly built KIA halt station. BIAL, which operates the airport, plies free shuttle services between the halt station and terminal, which is around 3.5Km. Passengers can check flight details at the halt station. A two-minute stoppage has been given for all trains at the station.
Dedicated freight corridor (DFC), as the name suggests, is meant to create a safe and efficient freight transportation system in the country. Currently, the Western DFC connecting Haryana and Maharashtra and the Eastern DFC connecting Punjab and West Bengal are under construction. The combined length of the Western and Eastern DFCs is approximately 2,843km. North-South (Delhi-Tamil Nadu), East-West (West Bengal-Maharashtra), East-South (West Bengal-Andhra Pradesh) and South-South (Tamil Nadu-Goa) DFCs are being planned.
Having facilities like that of a hospital, Lifeline Express is equipped with 2 modern operation theatres, 5 operating tables, sterilizing room, patient ward, a room for medical supplies along with other medical facilities.
Commerce, Industry and Railways Minister Piyush Goyal tweeted that “By 2030 we will be a net-zero railway, our carbon emission will be zero. Indian Railways transports nearly 8 billion passengers and 1.2 billion tonnes of freight every year. Ours will be the world's first Railways of this scale to go green.”