Rail Infrastructure News

Industry

Future of rail to depend on demand, competing modes of travel: IEA

Rising incomes and populations in emerging economies such as India will lead to strong demand for mobilityAnnual investment in rail infrastructure expected to increase to $315 billion in 2050

1 min read30 Jan 2019
Politics

Past govts committed resources for political gains, not improving railway efficiency: Piyush Goyal

Past govts kept making 'political announcements' without providing capital for the promised projects, says Piyush Goyal

1 min read9 Jul 2018
Politics

China’s billions set to revive Pakistan’s colonial-era railways

China is set to upgrade a 1,163-miles rail track from Karachi to Peshawar near the Afghan border with an $8 billion loan to Pakistan

3 min read14 Apr 2018
Market

Siemens’ sale of mobility division raises questions for minority shareholders

Such moves leave the minority shareholder wondering if businesses once nurtured and viable could anytime be taken off their plate and moved to the parent's, impacting growth prospects

2 min read23 Feb 2018
Opinion

It is time for rail to fly

The railways has done well in the current year, reversing the trend of lacklustre performances of the previous years

3 min read2 Feb 2018
Politics

Railways to invest Rs3,000 crore to mechanize, automate yards

According to the proposal, 40 of the 100 yards that the Indian Railways has would be automated and mechanized at an average cost of around Rs70-75 crore each

1 min read18 Oct 2017
Industry

Why the railways suffer on an average 100 accidents a year

The problem of railway accidents is not of safety standards but the execution of standards

4 min read23 Aug 2017
Politics

Cows on track said to cost India’s bullet train $1 billion

Land acquisition hurdles for bullet train, as well as people and animals wandering in front of carriages speeding at 350 kmph, make the option of an elevated link attractive

3 min read31 May 2016
Industry

World Bank to be anchor investor in Rail Development Fund: Suresh Prabhu

The minister said Rail Development Fund would be kick started soon as there is unanimity in the World Bank leadership

3 min read16 Jan 2016
Industry

World Bank to extend funds to improve sub-urban train services

World Bank will also give priority to enhancing security and safety apart from sanitation facilities

1 min read22 Sep 2015
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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