Coal transport: 40 trains to be canceled till May 24

Continuing the steps to streamline coal movement, the Railways canceled 42 passenger trains to expedite coal rake movement. The move is to address the depleting coal supplies at power plants as consumption surged during summer. As many as 40 of these 42 passenger trains will remain canceled till May 24 and two will resume running … Read more

Railways’ Operating Ratio Estimated At 96.98% Despite Record Capex

Finance Minister Nirmala Sitharaman in her budget for 2022-23 provided the highest-ever capital expenditure outlay for Indian Railways in line with the overall theme of investing in infrastructure instead of providing a short-term consumption boost. Sitharaman, in her speech on Feb. 1, announced 400 new Vande Bharat trains and 100 PM Gati Shakti cargo terminals … Read more