Railways

Loan sanctions likely to cross ₹1 trn milestone in FY27: IRFC CMD

State-owned Indian Railway Finance Corporation (IRFC) has set a target of crossing a milestone of Rs 1 lakh crore loan sanction during the current financial year. To fund its business growth, the public sector undertaking (PSU) of the Ministry of Railways is looking to raise Rs 70,000 crore, including from overseas in FY27. "We are aiming for a loan sanction of Rs 1 lakh crore and disbursement of about Rs 40,000 crore during the ongoing financial year, as the pipeline of high-quality infrastructure projects looks strong," IRFC Chairman and Managing Director Manoj Kumar Dubey told PTI. A steady pipeline and emerging opportunities in sectors such as metro and ports are expected to further accelerate growth in the coming financial year, following its whole-of-government approach, he said. During FY26, lRFC sanctioned projects worth Rs 72,949 crore and disbursed approximately Rs 35,067 crore, exceeding its annual guidance. The company, which last year got Navratna status, witnessed it

SCoR and Rayagada division face manpower gaps as rly zones delay transfers

The Railway Board has warned that delays in staff transfers could disrupt the operational launch of South Coast Railway and Rayagada division on June 1

₹16 trn investment plan for high speed trains on track: Ashwini Vaishnaw

Rail minister Ashwini Vaishnaw said seven new high speed rail corridors worth ₹16 trillion will sharply cut travel times and boost domestic manufacturing and construction

Railways used 98% capex by Feb-end; trains to dominate flights: Vaishnaw

Indian Railways utilised 98 per cent of its budget for FY26, reflecting the pace of execution of projects, and in the days to come, trains will dominate flights on several upcoming corridors across the country, Union minister Ashwini Vaishnaw said on Monday. "In the last financial year, the entire capex was spent practically by the 1st week of March itself. Practically by the last week of February, it was like 98 points some percentage. Then we had to, in a sense stop that because we have to complete the entire year," Vaishnaw said. He said 49,000 kilometres of railway tracks across the country has been electrified, which is more than the entire network of Germany and 36,000 kilometres of new tracks have been added, which is about six Switzerlands to Indian railway network. The minister said in many of these routes the travel time will be significantly reduced and people will prefer trains over airlines on those routes. Vaishnaw said the government is working on new corridors from

Railways clears track for SCoR after years of Odisha-Andhra tug of war

The Centre has notified South Coast Railway as Indian Railways' 18th zone, ending years of administrative and political negotiations over the revenue-rich Waltair division

Govt will focus on connecting Poonch-Rajouri with rail network: Vaishnaw

Union Railway Minister Ashwani Vaishnaw on Thursday said the government will focus on connecting Poonch-Rajouri with the rail network of the country besides working on a rail link to Uri border town in Baramulla district of Jammu and Kashmir. Vaishnaw, who flagged off the first direct Vande Bharat Express between Srinagar and Jammu here, said detailed project reports for these railway links have already been made. "We will now focus on connecting Poonch and Rajouri with rail connectivity. We will also take up project to connect Uri with train," the minister said after the flagging-off ceremony. "The DPRs for these projects have been made and we will try to get work started soon," he added. On the Jammu-Srinagar Vande Bharat express, the railway minister called it a major landmark achievement which has become the lifeline of Jammu and Kashmir. "This train service is a major landmark for people of Jammu and Kashmir. The prime minister inaugurated this train service between Katra and

Indian Railways to run 18,262 summer special train trips to ease rush

Till date, 11,878 train trips have been notified, and remaining trains are also being notified for the benefit of passengers

Railways mulls relief for container train operators hit by West Asia crisis

relief being considered so that long-term losses to operators can reflect in freight volumes

Indian Railways earns ₹6,813.86 crore from scrap sales in FY 2025-26

Against a target of ₹6000 crore, the Railways recorded scrap sales amounting to ₹6813.86 crore, surpassing the set benchmark with notable efficiency

₹90,000 cr rail infra projects under execution in Odisha: Ashwini Vaishnaw

Vaishnaw informed that railway projects worth over ₹90,000 crore are currently under execution in Odisha, marking an unprecedented expansion of the rail network

Four-line rail corridor planned in Odisha to ease Howrah-Chennai congestion

Railways plans a four-line corridor along coastal Odisha to ease congestion on the Howrah-Chennai main line, while upgrading stations and boosting connectivity across the state

RVNL surges 6% on ₹968 crore railway contract win; up 14% in three days

Rail Vikas Nigam announced that it has emerged as the lowest bidder for a key Engineering, Procurement, and Construction (EPC) contract awarded by East Coast Railway

IRCTC Payments looks to capture ticketing, govt clients to boost volumes

Indian Railway Catering and Tourism Corporation eyes ₹1 trillion payments scale by expanding into ticketing and government clients through its payments arm

Indian Railways clears 100 major projects worth ₹1.53 trn for FY2025-26

The 100 sanctioned projects include new lines, doubling and multitracking works, as well as bypass lines, flyovers and chord lines

Indian Railways approves ₹1,364 crore for Kavach, signalling upgrade

Projects include Kavach rollout on locomotives, fibre network expansion, and electronic interlocking systems to strengthen safety and communication infrastructure

Indian Railways clocks record ₹6,735 crore scrap revenue in FY26

National transporter surpasses scrap disposal target by over 12 per cent, with multiple zones exceeding benchmarks amid push to monetise redundant assets

Railways registers strong FY26 growth with record freight, passenger gains

Indian Railways has recorded a year of strong and well-rounded progress in FY 2025-26, achieving significant milestones across freight operations, passenger services, infrastructure development, safety systems, digital initiatives with advancing self-reliance in technology and manufacturing. These accomplishments underscore its critical role in supporting economic activity, enhancing connectivity, and ensuring efficient mobility across the country.Union Minister for Railways, Information & Broadcasting and Electronics & Information Technology, Ashwini Vaishnaw, took to X to underscore the transformative progress of Indian Railways in FY 2025-26. He highlighted record freight and passenger performance, the introduction and expansion of Vande Bharat services, including the new Vande Bharat Sleeper trains, historic improvements in safety through reduced accidents and enhanced systems, and strengthened station and terminal infrastructure, all of which have enriched ...

North Western Railway to run special trains until July 15 amid summer rush

Authorities said these steps have been taken to ensure smoother travel and reduce inconvenience for passengers during the peak summer travel period

ECoR tops freight loading as Railways earnings cross ₹1.7 trillion

East Coast Railway leads freight loading with record volumes in FY26 as Indian Railways earnings cross Rs 1.7 trillion, though revenue growth remains uneven across zones

Avantel bags ₹459.9 crore RTIS contract from Zetwerk for Indian Railways

Technology solutions provider Avantel on Wednesday said it has secured a contract worth Rs 459.9 crore to supply and maintain Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS). The contract was awarded by Bengaluru-based Zetwerk, an infrastructure and technology partner to the Indian Railways. It covers the supply and annual maintenance (AMC) of RTIS devices. "Avantel Limited, a provider of technology solutions for the defence and communication sectors, has received a rate contract valued at Rs 459.9 crore (excluding taxes) from Zetwerk, Bengaluru, for the supply and Annual Maintenance Contract (AMC) of Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS), Indian Railways," the company said in a statement. RTIS is an Indian Railways project developed in collaboration with the Indian Space Research Organisation (ISRO). It utilises satellite technology to automatically track train