Page 2 Railways: Latest News and Updates, Top Stories, Videos, Photos About Railways

Buy PSU-Miniratna Stock For High Returns, Board Recommends 100% Dividend, Says IDBI Capital

Broking firm IDBI Capital has initiated a Buy rating on Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), a Mini Ratna - Category-I CPSE under the Ministry of Railways, Govt. of India. The brokerage has assigned a target price of Rs.740/share ...

Railways To Be Key Focus For Govt: 3 Stocks That Can Jump, Brokerages Bullish

After budget 2023, it has become clear that Railways will be a key focus for the government. In the current financial year, Railways had a budgeted spend of approximately Rs 1.37 lakh crore and it may surge to Rs 1.6 lakh ...

Infra Assets Worth Over Rs 1.62 Lakh Cr To Be Monetised, This Fiscal: FinMin

Infrastructure assets worth over Rs 1.62 lakh crore are expected to be monetised during the current fiscal, Parliament was informed on Monday. The government had last year announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) to unlock value in ...

Railways Travel Concession Can Again Be Restored For Senior Citizens Etc.

Reports suggests that the Indian Railways-the national air carrier is planning to restore concession for some traveller categories such as senior citizens, sportspersons etc. As per TOI reports, the Railways is reconsidering the option as being the national ...

Plan For Railways Asset Monetisation Didn't Attract Investors Govt Looking At It Afresh: Kant

The government's plan to monetise railway assets by allowing private players to run trains did not attract enough investors due to lack of proper structuring and the railway ministry is looking at it afresh, NITI Aayog CEO Amitabh Kant said on ...

Budget 2022: Rail Network Will Be Brought Under KAWACH Technology

Union Finance Minister Nirmala Sitaraman, in the Budget 2022, announced that the indigenous KAWACH will be responsible for 2,000 KM of the rail network. She also stated that in the next three years, 400 new "Vande Bharat" trains will be produced. ...

Cabinet Approves Productivity Linked Bonus For Railway Staff For Fy 2021

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Productivity Linked Bonus (PLB) equivalent to 78 days' wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel). The financial ...

Railways To Accept Bids For Hydrogen Fuel-Based Tech For Trains

The railways has invited bids for hydrogen fuel cell-based technology by retrofitting on the Diesel Electric Multiple Unit (DEMU) in 89 km Sonipat-Jind section of the Northern Railway, the ministry said in a statement on Saturday. This is an attempt by ...

Cabinet Okays Allocation Of 5 MHz Spectrum In 700 MHz Band To Railways

Union Cabinet led by PM Narendra Modi has given a go-ahead for allotment of 5MHz Spectrum in 700 MHz frequency band to Indian Railways for public safety and security services at stations and in trains. This is another step towards boosting ...

Railways To Not Stop Or Curtail Train Services

Amid surge in coronavirus case with reporting of over 1.2 lakh cases and over 700 death in a single day spike, Indian Railways clarified that train services shall not be curtailed or stopped. At the same time, it said that as ...

Railways To Run Kisan Special Trains From 11 February

The North East Frontier Railway (NFR) has decided to run Kisan Special trains from Agartala to Howrah and Sealdah from 11 February, for the benefit of the farmers and transporters of NE Region, an official said. The Kisan Special Train will ...

Boost to National Railways in Union Budget 2021

The Union Finance Minister, Nirmala Sitharaman has proposed to spend Rs 1.1 lakh crore for railways in the fiscal year 2021 - 2022. In her budget speech, the finance minister has allocated Rs 1,10,055 crores for the railway's sector, with Rs ...

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