After months of negotiations, the National Highway Authority of India (NHAI) has finally managed to raise Rs8,500 crore from Life Insurance Corporation (LIC) for a period of 30 years at an interest rate of 7.22% per annum.
In its two-year report card, the Narendra Modi government had claimed credit for fewer rail accidents and lower casualties. This time, railway minister Suresh Prabhu may paper over the transporter’s safety record. His officers are themselves surprised over three major accidents in a span of two months, which have claimed close to 190 lives, compared to 309 in 2015-16.
Installation of the global positioning system (GPS) will be made mandatory for all commercial transport vehicles in the State by this year-end to bring in transparency.
President Pranab Mukherjee has approved changes in government rules to allow merger of rail budget with the Union Budget 2017. The Department of Economic Affairs has been entrusted with the work relating to preparation of central budget including rail budget, as per a recent order issued by Cabinet Secretariat.
The Competition Commission of India (CCI) on Thursday found three electrical firms guilty of anti-competitive agreements for bid rigging of tenders floated by Indian Railways.
According to a study, India is poised to become the third largest economy of the world by 2030. To add further, with a tech savvy educated workforce
In a bid to adopt green technology, the Indian Railways is giving a big push to renewable energy to attain cost efficiency, Minister Suresh Prabhu said on Wednesday.
To beat delays due to fog in winter, the Indian Railways will soon introduce Tri-Netra (third eye) – the same technology used by air force pilots in rough weather
The Indian Railways has decided to redevelop and modernise 23 stations across the country and is set to rope in private companies for the job. The stations that will be redeveloped and modernised are — Kanpur Central, Allahabad, Lokmanya Tilak, Pune, Thane, Visakhapatnam, Horah, Kamakhya, Faridabad, Jammu Tawi, Udaipur City, Secunderabad, Vijaywada, Ranchi, Chennai Central, […]
Indian Railways is the backbone of long distance passenger transport in India with a network that spans more than 66030 km, making it the world’s third largest rail network and the fourth largest rail freight carrier. The Railways runs 12,000 trains connecting more than 8000 stations and carrying 23 million passengers, and over 7000 freight […]