Page 16 - Railways

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

Chandigarh-Dibrugarh Express derails in UP, several coaches overturn: Video

Chandigarh-Dibrugarh Express derails: The incident occurred near Jhilahi railway station near Gonda district, which is some 118 kilometres away from capital city Lucknow

Defence, rail shares under pressure; HAL, Siemens, ABB down up to 7%

Defence, railways stocks in focus: In the past one month, most of these stocks had hit their respective record highs

'Accident in waiting': Report blasts Railways for Kanchenjunga collision

Loco pilot was given incorrect authority document, finds Railway safety commissioner

Streamlined SOP around automatic signal failure, says railway board

Committee under RDSO prepping action plan to reduce signal failures

Budget 2024: Rail budget may see more focus on passenger capacity, safety

Ashwini Vaishnaw recently announced that the national transporter will manufacture 10,000 non-air-conditioned coaches over the next two financial years

'Standardise loco pilot training for working in automatic signalling area'

The Railway Board has asked all its zones to bring uniformity in training regimes of loco pilots for working in an automatic signalling territory. The need for standardization has been felt after recent train accidents in which signal failure in automatic signalling territory emerged as one of the reasons, according to experts. Different zonal railways have been following different training regimes of running staff for working in automatic signalling territory. In order to standardize, zonal railways are advised to follow the training regime as enclosed, the board said in a circular dated July 13. The circular has various instructions under the subject 'Training regime standardisation for automatic signalling'. The Railway Board has suggested that the chief loco inspector (CLI) should hold one-day intensive counselling of loco pilots and their assistant regarding automatic signalling system every six months and this should be followed by a competency test with multiple choice ...

What the shortage of railway employees means for the life of a loco driver

As a debate rages on about the working conditions of railway loco drivers, here is a peek into their lives

Indian Railways, DMRC, CRIS join hands to promote 'One India - One Ticket'

The Indian Railways, Delhi Metro Rail Corporation (DMRC) and Centre For Railway Information Systems (CRIS) have collaborated to promote the 'One India One Ticket' initiative, enhancing the travel experience for main line railway and metro passengers in the Delhi/NCR area, a statement said on Wednesday. The DMRC QR code-based tickets can now be booked on the IRCTC website and mobile application with a full version launch anticipated soon. According to the statement, metro tickets can be booked up to 120 days in advance and are valid for four days. "The Indian Railway Catering and Tourism Corporation Limited (IRCTC), DMRC and CRIS have joined hands, in the first of its kind initiative, to revolutionise seamless travel experience of the main line railway and metro passengers in Delhi NCR area, thereby promoting 'One India One Ticket' initiative of the government of India," it said. The beta version of DMRC QR codebased ticket was launched on Wednesday, thereby enabling main line ...

Eastern Railways saves electrical energy worth Rs 12 cr in Q1 of 2024-25

Eastern Railway saved electrical energy worth over Rs 12 crore in the first quarter of 2024-25 by using comprehensive measures to save traction and non-traction energy, an official said on Monday. He said that through the regeneration of energy by three-phase locomotives, the Kolkata-headquartered ER saved 1,09,84,814 units of energy, amounting to savings of approximately Rs 8.06 crore in the first quarter of the current financial year. Comprehensive measures to reduce use of traction and non-traction energy led to reducing its carbon footprint and saving electrical energy worth over Rs 12 crore in the first quarter of 2024-25 fiscal, ER spokesperson Kausik Mitra said. "In June 2024 alone, regeneration in 51 three-phase locos resulted in savings of 25,83,640 units of energy, which translates to approximately Rs 1.94 crore in savings in energy bill for the month," he said. He said that measures taken by the zonal railway have led to reduction in consumption of fossil fuel leading to