Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India becoming major railway products manufacturer and exporter: Ashwini Vaishnaw
During the visit, the Minister reviewed various stages of the manufacturing process and interacted closely with engineers and manufacturing teams engaged in the production of railway coaches and components. He took firsthand feedback on production processes, technical capabilities, skill development initiatives and the training being provided to the workforce to support advanced manufacturing.
"Hyderabad to become high-speed hub": Ashwini Vaishnaw announces 3 bullet train corridors for Telangana
Hyderabad is set to transform into a high-speed transportation hub with the upcoming three bullet train corridors. This ambitious project aims to connect regional economies and reshape the urban environment significantly. The Indian government has earmarked substantial funds for railway enhancements in Telangana. Furthermore, numerous railway stations nationwide are undergoing major renovations, with Secunderabad and Begumpet nearing completion in Telangana.
Railway Minister Ashwini Vaishnaw flags off new train services in UP, UK and Maha; announces major rail push
Union Railway Minister Ashwini Vaishnaw launched new train services connecting Nanded to Mumbai and Tanakpur to Nanded, enhancing connectivity for the Sikh community and other regions. He also announced the extension of the Tanakpur-Pilibhit service to Shahjahanpur. The minister highlighted significant railway development over the past 12 years, including track expansion and electrification, with bullet train projects progressing rapidly. Emphasis remains on affordable travel for the common populace.
Bihar gets record Rs 10,000 crore for rail infrastructure in FY27: Ashwini Vaishnaw
Bihar's rail network is set for a major upgrade. The Union Railway Minister announced a record Rs 10,000 crore allocation for infrastructure development. A new express train will connect Chapra with Delhi. Locomotives manufactured in Bihar are now being exported. Projects worth Rs 1.15 lakh crore are underway. Patna Junction will get five new platforms.
Double-engine government to accelerate rail projects in West Bengal: Ashwini Vaishnaw
Union Railway Minister Ashwini Vaishnaw announced 60 next-generation trains for the Kolkata Metro and ₹1 lakh crore in railway projects for West Bengal. Bullet trains connecting Delhi to Siliguri in six hours are also promised. Additionally, 102 Amrit Bharat Stations will be modernized, and 538 railway underpasses will be constructed.
Kolkata metro gets 60 new trains, Rs 1 lakh crore railway projects for West Bengal
Union Railway Minister Ashwini Vaishnaw announced 60 next-generation trains for Kolkata Metro in five years, alongside Rs 1 lakh crore in railway projects for West Bengal. Bullet trains connecting Delhi to Siliguri in six hours were also promised. The state government pledged cooperation for faster project execution.
Sixty next-generation trains to be introduced for Kolkata Metro in 5 years: Union Minister Ashwini Vaishnaw
Sixty new trains will join the Kolkata Metro network in the next five years. Ashwini Vaishnaw made this announcement. He also stated that railway projects in West Bengal will receive a boost. High-speed train corridors are planned to connect Siliguri to New Delhi in six hours. This aims to significantly cut travel time.
Assam CM, Railway Minister discuss major railway expansion projects
Assam Chief Minister Himanta Biswa Sarma met Union Railway Minister Ashwini Vaishnaw. They discussed speeding up railway infrastructure growth in Assam. This includes expanding over 1,300 km of tracks and redeveloping more than 50 stations. The aim is to improve connectivity and passenger amenities. These efforts will boost regional development and integrate Assam with the national railway network.
Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependence
The Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasify around 75 million tonnes of coal and attract investments of up to Rs 3 lakh crore, Union Minister Ashwini Vaishnaw said during a Cabinet briefing.
Constructing 15 kilometres bullet train track every month: Ashwini Vaishnaw
India is accelerating bullet train development, constructing 15 kilometers of high-speed track monthly. The first bullet train project is slated for an August opening next year. Future projects will utilize standardized components to boost local manufacturing. Seven new high-speed corridors are planned, spanning nearly 4,000 kilometers and attracting significant investment.
Jharkhand CM Soren flags 'unacceptable condition' of Chandil–Tata railway section
Jharkhand Chief Minister Hemant Soren has expressed concern over the 'unacceptable condition' of the Chandil–Tata rail section, highlighting consistent hours-long delays for passenger trains over the past two years. He urged Railway Minister Ashwini Vaishnaw to prioritize passenger services and expedite infrastructure projects, questioning the railway's priorities regarding passenger time versus freight transport.
Vande Bharat Express now links Jammu to Srinagar directly
Union Railways Minister Ashwini Vaishnaw launched the 20-coach Vande Bharat Express in Jammu and Kashmir. This marks the first direct rail link between Jammu and Srinagar. The service reduces travel time and provides an all-weather connection. The train is popular and has become a lifeline for the region. Future plans include connecting Poonch, Rajouri, and Uri to the rail network.