Business Standard

Page 14 - Indian Railways

Surpassed freight loading for FY21 as compared to FY20: Railway official

Despite Covid, on March 11, 2021, Indian Railways achieved cumulative freight loading of 1145.68 million tonnes, which is higher as compared to last year's total cumulative loading

Surpassed freight loading for FY21 as compared to FY20: Railway official
Updated On : 13 Mar 2021 | 12:58 AM IST

Covid-19 among reasons for Railways' losses in last 3 years: Goyal

For the year 2019-20 and 2020-21, Goyal attributed the shortfall in revenue to the "adverse" impact of the COVID-19 pandemic and the consequent suspension of railway operations

Covid-19 among reasons for Railways' losses in last 3 years: Goyal
Updated On : 10 Mar 2021 | 8:35 PM IST

Exporters take unusual steps to ease container shortage to ease trading

Indian Railways is discussing if its current 25% discount for moving empty containers inland along some routes needs to be extended beyond March

Exporters take unusual steps to ease container shortage to ease trading
Updated On : 10 Mar 2021 | 7:21 AM IST

Fully cooperated in firefighting ops at Kolkata building: Railways

The Eastern Railway authorities said that it extended full cooperation to the fire brigade and police in fighting a devastating blaze at its New Koilaghat Building in Kolkata where nine people died

Fully cooperated in firefighting ops at Kolkata building: Railways
Updated On : 09 Mar 2021 | 1:14 PM IST

Goyal orders probe into Eastern Railway office building fire in Kolkata

Railway Minister Piyush Goyal has set up a high-level committee to ascertain the cause of the fire at an Eastern Railway office building in Kolkata in which nine people were killed on Monday

Goyal orders probe into Eastern Railway office building fire in Kolkata
Updated On : 09 Mar 2021 | 9:54 AM IST

Kolkata fire: PM announces Rs 2 lakh ex-gratia to next of kin of deceased

PM Modi also tweeted, "Saddened by the loss of lives due to the fire tragedy in Kolkata. In this hour of sadness, my thoughts are with the bereaved families. May the injured recover at the earliest"

Kolkata fire: PM announces Rs 2 lakh ex-gratia to next of kin of deceased
Updated On : 09 Mar 2021 | 8:47 AM IST

Recovery tracker: Power generation up by 7%, workplace visits rise

Freight gains have trailed in the latest week

Recovery tracker: Power generation up by 7%, workplace visits rise
Updated On : 09 Mar 2021 | 12:38 AM IST

Indian Railways announces integrated Rail Madad Helpline number "139"

To overcome the inconvenience over multiple helpline numbers for grievances and enquiry during railway travel, Indian Railway has integrated all railway helplines into a single number1--39

Indian Railways announces integrated Rail Madad Helpline number "139"
Updated On : 09 Mar 2021 | 12:13 AM IST

Covid-19: Western Railways collects Rs 883,000 in fine in March 1st week

Amid rising Covid-19 cases in Maharashtra, the Western Railways collected a total fine of Rs 883,000 from March 1 to 6 from people who were travelling without a face mask

Covid-19: Western Railways collects Rs 883,000 in fine in March 1st week
Updated On : 08 Mar 2021 | 12:58 PM IST

Fitch, S&P rate IRFC's proposed USD senior unsecured notes at BBB-minus

Fitch Ratings has assigned Indian Railway Finance Corporation's (IRFC's) proposed US dollar Regulation senior unsecured notes a rating of BBB-minus.The proposed notes will be issued under IRFC's existing four billion dollars global medium-term note programme.The net proceeds from proposed notes will be used for funding acquisition of rail assets which IRFC will lease to Indian Railways, and to meet debt-financing requirements of various entities in the railway sector.Fitch said the proposed notes are rated in line with IRFC's issuer default rating on the basis that the notes issued under the programme will constitute direct, unconditional and unsecured obligations of IRFC and rank pari passu (on equal footing) with all its other present and future outstanding unsecured and unsubordinated obligations.Meanwhile, S & P Global also assigned BBB-minus rating to long-term foreign currency issue rating to IRFC's proposed benchmark size senior unsecured US dollar notes.

Fitch, S&P rate IRFC's proposed USD senior unsecured notes at BBB-minus
Updated On : 08 Mar 2021 | 11:20 AM IST

Top headlines: PM Modi praises PLI scheme; Mamata to contest from Nandigram

Business Standard brings you top news of the evening

Top headlines: PM Modi praises PLI scheme; Mamata to contest from Nandigram
Updated On : 05 Mar 2021 | 4:51 PM IST

Platform ticket hike 'temporary measure' to prevent overcrowding: Railways

Amid the ongoing C-19 pandemic, the Ministry of Railways has termed the hike in platform ticket rates as a "temporary measure" in the interest of the safety of passengers

Platform ticket hike 'temporary measure' to prevent overcrowding: Railways
Updated On : 05 Mar 2021 | 10:07 AM IST

RailTel launches prepaid wi-fi services at 4,000 railway stations

With the launch of these prepaid plans, a passenger can now use up to 30 minutes' free wi-fi per day at 1 mbps speed

RailTel launches prepaid wi-fi services at 4,000 railway stations
Updated On : 04 Mar 2021 | 7:28 PM IST

Railways trial run of double-stacked dwarf container train successful

Railways has conducted a successful trial run of double stacked dwarf container train from Mehsana in Gujarat to Jawaharlal Nehru Port, a release said on Thursday. The train with five wagons of double-stacked dwarf containers arrived the Port on Thursday at 11:30 am and departed at 1 pm, Jawaharlal Nehru Port Trust ( (JNPT) said in the release. 'Dwarf' containers provides 67 per cent higher volume when double-stacked and can carry a weight of 71 tons, against 40 tons by an ISO container, it said. The government-run port operator also said that "it is in the process of finalising an operator for 'management, maintenance and operations of a dedicated dwarf container depot (D-Depot) inside the Port area". Indian Railways has given 17 per cent discount on haulage cost for double stack dwarf container trains compared to double stack ISO container trains coupled with additional volume benefit, JNPT said. At the D-Depot ISO containers for exports and imports will be destuffed/restuffed

Railways trial run of double-stacked dwarf container train successful
Updated On : 03 Mar 2021 | 10:30 PM IST

Railways registers higher cumulative freight loading till Feb 28 than FY20

Freight loading crossed 5 million tonnes on February 28, the ministry said

Railways registers higher cumulative freight loading till Feb 28 than FY20
Updated On : 01 Mar 2021 | 8:55 PM IST

Kumbh Mela 2021: Railways sets up centralised control room in Haridwar

A centralised hi-tech control room has been set up by Indian Raiways at Haridwar railway station

Kumbh Mela 2021: Railways sets up centralised control room in Haridwar
Updated On : 28 Feb 2021 | 3:02 PM IST

Railways hiked fares for short distances to deter non-essential travel

Hike covers less than 3% of total trains running; fares fixed in passenger trains at unreserved price of mail or express trains for the same distance

Railways hiked fares for short distances to deter non-essential travel
Updated On : 24 Feb 2021 | 11:53 PM IST

Train service between Kashmir Valley and Jammu to resume after 11 months

"A dry run of 137 km was carried out yesterday (Sunday) between Baramulla and Banihal," the official of the Northern Railways said

Train service between Kashmir Valley and Jammu to resume after 11 months
Updated On : 22 Feb 2021 | 7:16 AM IST

Ahmedabad-Mumbai Tejas Express skips Andheri halt, WR probe on

The Ahmedabad-Mumbai Tejas Express on Sunday skipped its halt at Andheri station, inconveniencing 42 passengers who had to alight there, Western Railway officials said. The train, operated by railway PSU IRCTC, was then given an unscheduled halt at Dadar so that these passengers could alight, and an inquiry has been initiated into the lapse, they said. Andheri is a temporary two-minute halt for the train till March 29.

Ahmedabad-Mumbai Tejas Express skips Andheri halt, WR probe on
Updated On : 22 Feb 2021 | 1:56 AM IST

Goyal encourages railways officials to give suggestions for optimisation

These suggestions could be about anything that can contribute to better passenger services, safety, revenue generation, freight and business development, increasing the speed or anything

Goyal encourages railways officials to give suggestions for optimisation
Updated On : 21 Feb 2021 | 7:55 AM IST