Latest IR news

New Delhi, Feb. 27 -- The Indian Railways may not be in good financial health but railway minister Pawan Kumar Bansal was happy to announce that it has now joined the elite railway billion club of China, Russia and United States in transporting over a billion tonnes of goods in a year."I am happy to inform this august House that this year the Indian Railways is set to achieve the milestone of ...

Losses of the Indian Railways are estimated to increase to Rs24,600 crore ($4.55 billion) in the financial year ending March 31 due to a sharp rise in input costs, resulting in "deterioration of services", Railway Minister Pawan Kumar Bansal said on Tuesday.

New Delhi, Feb 26 (IANS) Losses of the Indian Railways are estimated to increase to Rs.24,600 crore ($4.55 billion) in the financial year ending March 31 due to a sharp rise in input costs, resulting in "deterioration of services", Railway Minister Pawan Kumar Bansal said Tuesday.

Indian Railways will go in for market borrowing of Rs 15,103 crore in 2013-14 to part finance its highest-ever plan investment of Rs 63,363 crore proposed for the next fiscal.

The Indian Railways has proposed to introduce a modern coach "Anubhuti" with good ambience in the premier Rajdhani and Shatabdi trains providing higher travel comfort to passengers.

New Delhi, Ma Feb 26 (IANS) The Indian Railways not just runs the world's fourth largest railroad network but is also among the largest employers. Here's a fact sheet:

New Delhi: The Indian Railways is likely to suffer a loss of Rs 24,600 crore in fiscal year ending March 31 as compared to Rs 22,500 crore in the previous fiscal, railways minister Pawan Kumar Bansal said on Tuesday. Presenting the Railway Budget in Parliament, Bansal said losses had increased sharply in the past one decade due to rising input cost and near stagnant revenue due to no revision in ...

New Delhi, Feb 26 (IANS) Indian Railways will introduce by the end of this year a "next generation" e-ticketing system that will improve the speed of online ticket booking, Railway Minister Pawan Kumar Bansal said Tuesday.

New Delhi, Feb 26 (IANS) The Indian Railways is likely to suffer a loss of Rs.24,600 crore in fiscal year ending March 31 as compared to Rs.22,500 crore in the previous fiscal, Railways Minister Pawan Kumar Bansal said Tuesday.

The signatories to the MOU were Kul Bhushan, Member Electrical Railway Board, and B. P. Rao, CMD, BHEL.

New Delhi, Feb 25 : Indian Railways and Bharat Heavy Electricals Ltd (BHEL) Monday signed a Memorandum of Understanding (MoU) for setting up of Greenfield MEMU coaches manufacturing facility by BHEL at Bhilwara in Rajasthan, in the presence of Union Railways Minister Pawan Kumar Bansal and Minister for Heavy Industries & Public Enterprises Praful Patel here.

Will it flag off a course correction for Indian Railways, the troubled monolith?

Indian Railways and Bharat Heavy Electricals Ltd (BHEL) for setting up of Greenfield MEMU coaches manufacturing facility by BHEL at Bhilwara in Rajasthan.

The Confederation of Indian Industry (CII) has called for speedy implementation of key railway projects, such as the Dedicated Freight Corridor, high-speed rail corridors, rolling stock and other capacity enhancement works.

Former minister for Railways Dinesh Trivedi speaks exclusively to rediff.com on a day when the Railway Budget will be presented in Parliament.

Companies that want to be automobile freight train operators (AFTO) would like the Indian Railways to expand the cargo basket to permit spare parts in the list of goods that can be moved through automobile wagons.

Ahead of his maiden rail budget Tuesday, Railway Minister Pawan Kumar Bansal has promised a 24X7 helpline for women that will be tracked real time, with top priority accorded to safety of passengers, especially women. "The safety and security of passengers, especially women, is top priority of the Indian Railways," Bansal told IANS in an exclusive interview. "It's not possible to deploy women ...

Chandigarh, Feb 25 (IANS) Ahead of his maiden rail budget Tuesday, Railway Minister Pawan Kumar Bansal has promised a 24X7 helpline for women that will be tracked real time, with top priority accorded to safety of passengers, especially women.

Shares of companies whose fortunes are linked to orders from Indian Railways dropped sharply ahead of Railway Budget today.

New Delhi, Feb 25 (IANS) Indian Railways will soon introduce a 24X7 helpline for women that will be tracked "on real-time basis", Railway Minister Pramod Kumar Bansal said while stressing that the safety of passengers, particularly women, was top priority.