Page 15 - Railways

Cabinet nod to Rs 6,456 cr multi-tracking project, two new lines across IR

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved three railway projects with a total estimated cost of Rs 6,456 crore, a statement from the Ministry of Railways said. According to the ministry, the approved projects will improve logistical efficiency by connecting the unconnected areas, increase the existing line capacity and enhance the transportation networks, resulting in streamlined supply chains and accelerated economic growth. The new line proposals will provide direct connectivity and improve mobility, providing enhanced efficiency and service reliability for the Indian Railways. The multi-tracking proposal will ease operations and reduce congestion, providing the much-required infrastructural development on the busiest sections across the Indian Railways, the ministry said. The projects are in line with Prime Minister Shri Narendra Modiji's vision of a New India which will make people of the region 'Atmanirbhar' by way of ...

Canadian rail decision to stay on jobs win for companies: Union leader

CN has said the company would have preferred a negotiated agreement but was satisfied that the labour stoppage is over

Canada railroads ordered to resume work, Union to comply but plans lawsuit

The Canadian arbitrator appointed to resolve a messy railroad labour dispute to protect the North American economy has ordered employees at the country's two major railroads back to work so both can resume operating. The Teamsters union representing workers said Saturday that it will comply with the order and send its members back on the job, but it will also move forward with a legal challenge. This decision by the CIRB sets a dangerous precedent. It signals to Corporate Canada that large companies need only stop their operations for a few hours, inflict short-term economic pain, and the federal government will step in to break a union, said Paul Boucher, President of the Teamsters Canada Rail Conference, which represents more than 9,000 engineers, conductors and dispatchers. The rights of Canadian workers have been significantly diminished today, Boucher added. The order should allow Canadian National trains to continue rolling and help Canadian Pacific Kansas City Ltd. railroad

Canada moves to end rail shutdown, CN, CPKC prepare to resume services

Canadian Industrial Relations Board (CIRB), which is independent, will now consult the companies and unions before issuing an order

Canadian freight rail halt likely to roil North American supply chains

Canadian National Railway Co and Canadian Pacific Kansas City have said their rail networks south of border will continue to operate, but industry groups fear work stop would have far-reaching effects

Canada tells rail companies, union to work harder to avert stoppage

CN Rail and CPKC have already stopped accepting shipments of hazardous goods and have begun phased shutdowns

Canada-wide freight rail stoppage looms as 2 firms issue lockout notices

Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) plan to lock out workers from the early hours of Thursday

New rail lines to put mineral transportation from C'garh on fast track

The Korba-Ambikapur rail line will connect two major cities known for having rich coal reserves

5% of all Railway revenue from flexi, tatkal, others in last 5 yrs: Ashwini

Railways earned approximately 5 per cent of its total revenue from flexi fare, tatkal and premium tatkal tickets from 2018-19 to 2022-23, Railway Minister Ashwini Vaishnaw said in a written reply in the Rajya Sabha on Friday. Vaishnaw gave the information responding CPI (M) MP John Brittas, who wanted the details of revenue earned by Railways on account of flexi fare, tatkal, premium tatkal and cancellation of tickets during last five years till March 3, 2024 and for the first quarter of 2024-25. Brittas also asked, "Whether the whole amount paid by a person for booking an unconfirmed ticket will be refunded in case of automatic cancellation of ticket by Railways itself owing to unavailability of berths." "Revenue earned by Railways on account of flexi fare, tatkal and premium tatkal during 2018-19 to 2022-23 is approximately 5% of total revenue earned from passenger services. Moreover, amount credited on account of cancellation of tickets by passengers is not maintained separately,

RVNL Q1 results: Net profit falls 35% to Rs 224 cr on reduced income

State-owned Rail Vikas Nigam Ltd (RVNL) on Thursday posted around 35 per cent fall in consolidated net profit to Rs 223.92 crore during the June quarter of FY25, mainly on account of reduced income. It had reported a net profit of Rs 343.09 crore during the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing. The company's total income decreased to Rs 4,336.75 crore from Rs 5,853.18 crore in the year-ago quarter. RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.

Kavach 4.0 tenders to be out soon for 10,000 locos: Ashwini Vaishnaw

Tenders have been issued for Delhi-Chennai and Mumbai-Chennai sections ranging 3,300 Rkm and important automatic sections covering 5,000 Rkm

Budget 2024 is an economists' Budget, says Citigroup MD Samiran Chakraborty

Focus of Budget 2024 is not restricted to railways, defence and infra, but expands to manufacturing and employment to aid human capital growth, said Citigroup MD at 'Budget with BS: The Fine Print'

9,784 railway bridges sanctioned for repairs, rebuilding: Vaishnaw in LS

Railways Minister Ashwini Vaishnaw informed Lok Sabha in a written reply on Wednesday that the Indian Railways sanctioned 9,784 railway bridges for repairs, strengthening, rehabilitation or rebuilding. Vaishnaw responded to questions raised by nine MPs on whether the government has identified old railway bridges in Maharashtra which are in dilapidated conditions and the details of the repair work undertaken in the last three years. These members were concerned about the status of collapse of railway bridges in the last three years and the number of persons killed and injured as a result of that. They also wanted to know the steps taken by the government to repair all the old railway bridges across the country. "There is a well established system of inspection of railway bridges on Indian Railways. All the railway bridges are inspected twice a year, one before the onset of monsoon and one detailed inspection after the monsoon," Vaishnaw said. "In addition, certain railway bridges a

WATCH: Vande Bharat passenger slaps server after being served non-veg food

Vande Bharat viral video: Several passengers came to the defence of the server while condemning the elderly man for 'attacking a poor worker'

Howrah-Mumbai Mail accident: Rs 10 lakh compensation for victims' families

Howrah-Mumbai Mail derailment: The Railway Ministry announces ex-gratia compensation of Rs 10 lakh for families of the deceased, Rs 5 lakh for the seriously injured, and Rs 1 lakh for minor injuries

Courts can't be ruthless: SC orders rehabilitation for Haldwani residents

Haldwani encroachment case: Supreme Court directs the Centre and Uttarakhand govt to create rehabilitation plan for more than 50,000 people residing in Haldwani. Next hearing is scheduled for Sept 11

Union Budget 2024: Capital expenditure support continues to be sustained

India under the present government added 3,000 kms of Dedicated Freight Corridor, substantial patch doubling, quadrupling and track renewals

Stocks to Watch on Budget 2024 day, July 23: Defence, Railways, Banks, Agri

Stocks to Watch today, July 23, 2024: The Narendra Modi-led Bharatiya Janata Party (BJP) is all set to present its first Budget under its third term

Fast capacity, energy efficiency among focus areas for Railways: Eco Survey

Fast capacity augmentation, modernisation of rolling stock, and energy efficiency are among the key focus areas for Railways, the Economic Survey 2023-24 said, highlighting Outlook's for Railway, on Monday. "In line with this, investments are prioritised in areas like dedicated freight corridors, high-speed rail, modern passenger services like Vande Bharat, Amrit Bharat Express, Aastha Special Trains, high-capacity rolling stock and last-mile rail linkages," the Survey said. It said that the Railways is planning projects for three major corridors -- High-traffic density corridors, Energy, Mineral and Cement Corridors, and Rail Sagar (port connectivity) corridors -- to reduce logistics cost and carbon footprint. The survey said that the Railways has planned to reduce its carbon footprint primarily through sourcing its energy requirements through renewable energy sources. "The expected requirement of installation of renewable capacity by 2029-30 is around 30 Giga Watts. Other strateg

Railway Recruitment 2024: RRB JE releases notification for 7,911 posts

RRB JE has released notification for the recruitment of 7911 positions. Candidates who hold engineering degrees or diplomas are eligible to apply for these posts