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An unreleased survey fuels fear of bigger hit than coming GDP data

The most disconcerting bit to economists was the fall in food consumption for the first time in decades.

indian railways

Nov 15, 2019, 04.34 PM IST

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INDIAN RAILWAYS

Rail board to hike meal prices on Rajdhani, Shatabdi, Duronto trains

According to the new order, in first class AC, tea will cost Rs 35, up by Rs 6, breakfast Rs 140, up by Rs 7, lunch and dinner Rs 245, up by Rs 15. In second class AC, third class AC and chair car, tea to cost Rs 20, up by Rs 5, breakfast Rs 105, up by Rs 8, lunch and dinner Rs 185, up by Rs 10. Snacks with regional flavour will be introduced.

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  • The security and railway officials will be present during the trial run. "No mischievous element can stop this trial run. Keeping security arrangements in mind, the exact route of train between Banihal and Baramulla section has been not disclosed. So that everything goes smoothly," the Railways officials said.

    Total revenue increased to Rs 887.86 crore in the July-September period as against Rs 477.73 crore in the year-ago period.

    The market capitalisation of IRCTC has reached Rs 15,000 crore.

    The Electric Locomotive Factory at Madhepura in Bihar was one of the two major locomotive projects awarded in 2015 as part of the Make in India initiative, the second being a joint venture with GE. The Rs 20,000 crore Madhepura project was tasked with manufacturing 800 high-powered locomotives in 11years. The JV is the largest FDI in the railway sector.

    the accident occured at Kacheguda Railway Station in Hyderabad. The incident involved Lingampalli-Falaknuma Multi Modal Transport System (MMTS) local train and another train. As per reports, the MMTS train rammed into Kongu express which was waiting at the platform. The accident led to derailment of seven coaches.

    To spread awareness, save lives and discourage trespassing, the Western Railway has launched an innovative campaign in Mumbai. In pictures shared by the Railway on micro-blogging site Twitter, a person dressed as Yamraj is seen carrying people attempting to cross tracks on his shoulder. As per Hindu mythology, Yamraj is the lord of death and justice.

    Moody’s has downgraded outlook on companies from IT, infrastructure and oil & gas sectors.

    10 entrants are trading above their offer prices and have given returns of up to 176 per cent.

    The Indian Railways manufactured 4,182 coaches till the end of October 2019, officials said, against 3,241 units built a year ago. The production target for 2019-20 is 8,026 units and 5,771 of these are to be Linke Hoffmann Busch (LHB) coaches.

    Railways has installed two 'Health ATMs' at the Charbagh railway station in Lucknow. The kiosks, promoted by YOLO Health ATM, provide 16 health check-ups for Rs 50-100. There are two types of check-ups -- a 9-minute one that costs Rs 100, and a 6-minute one that costs Rs 50. The report is delivered instantly to the user.

    According to sources, the IPO will hit the market around mid-January 2020.

    "I have ruled out privatisation of Indian Railways. It will continue to be Indian government's entity. It serves the people of India. But I do believe in large investments in railways," Goyal said.

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