As part of efforts to strengthen Indo-Pak trade ties, Railways is mulling to provide 50 diesel locomotives on hiring basis to Pakistan. As per the plan, railways is likely to
Railways losses at `2,461cr in FY11
Railways is facing a severe financial crunch and their accumulated funds have eroded by 93 per cent, the Comptroller and Auditor General has said in its latest report. The CAG
National Federation of Indian Railwaymen (NFIR) today said the Centre should take immediate steps to improve the financial health of Railways and prevent it from going the way of debt-ridden
Pitching for capacity creation, the Economic Survey today said Indian Railways has a long way to go to improve its share in freight traffic compared to the US and China.
The cash-strapped railways is understood to have got an approval of Rs 25,000 crore as gross budgetary support (GBS) from Finance Ministry for the fiscal 2012-13.
The national transporter, facing
The cash-strapped Railways has finally managed to get the approval of the Finance Ministry for a loan of Rs 3000 crore against the demand for Rs 10,000 crore.
"We were
Facing a huge backlog of pending projects worth Rs 1 lakh crore, Railways is planning to opt for build, operate and transfer (BOT) model as part of a new investment
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