The people have high expectations from the Rail Budget as the Union Finance Minister Nirmala Sitharaman will present her fifth Budget on February 1. In its first term, the Modi government the Centre had linked the Rail Budget with the General […]
The government is believed to have taken a serious note of Railway ministry’s failure to achieve the asset monetisation target for FY22. The reluctance to allow private sector to operate trains or modernise stations through […]
The Indian Railways has recorded significant growth in earnings in the first 33 days of the current fiscal. An incremental growth was noted in both loadings and passenger segments in this duration, according to the […]
The Board of Directors of Indian Railways Finance Corporation at its meeting held yesterday on 19 May 2021 approved the authorisation of market borrowing by IFRC during 2021-22. Amount of funds to be mobilized from […]
Union railways minister Piyush Goyal has written a letter to Karnataka CM B S Yediyurappa to deposit an outstanding share of Rs 847 crore for various railway projects in the state. However, timing of the […]
Indian Railways has achieved highest ever scrap sale in Financial Year 2020-21. Through this sale, Indian Railways earned total Rs 4573 Cr. during 2020-21 compare to Rs 4333 Cr. during 2019-20 which is 5.5% higher. […]
Rail Land Development Authority (RLDA), a statutory body under the Ministry of Railways, has invited online bids for engaging marketing and financial consultants for the commercial development of railway land spanning 89,032 sqm at Salt […]
The Rail Land Development Authority is offering large plots for commercial and residential development in Mumbai, New Delhi and Kolkata in a bid to generate revenue to the tune of Rs 3,000 crores this financial […]
The Indian Railways (IR) is staring at a loss of Rs 6,000 crore in passenger revenue at a rate of about Rs 140 crore a day due to the 43-day national lockdown, according to an […]
The BSE-owned India International Exchange (India INX) yesterday (Monday, 17th February 2020), said it has listed two tranches of Indian Railway Finance Corporation’s (IRFC) medium-term notes worth $1 billion on its debt listing platform. In […]
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