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"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.
Karnataka pitches coach depot for Vijayapura to boost rail connectivity
Karnataka Industries Minister MB Patil has proposed a coach depot and an additional entry/exit gate for Vijayapura railway station to enhance rail connectivity. Discussions were held with Union Minister V Somanna, and letters sent to Union Railway Minister Ashwini Vaishnaw. The former goods shed land is earmarked for the depot, aiming to create a maintenance hub and boost train operations for North Karnataka, including the upcoming Bengaluru-Vijayapura Vande Bharat Express.
Ashwini Agarwal prefers private banks and FMCG, cautious on IT and metals
Ashwini Agarwal, Founder & Partner at Demeter Advisors, advised a stock-specific approach within FMCG, stayed constructive on pharmaceutical innovation, cautioned against long-term calls on metals due to commodity uncertainty, and said AI has made him reluctant to invest in IT despite attractive valuations.
Earnings growth, end to West Asia war could drive double-digit gains for Nifty: Ashwini Shami, Omniscence Capital - Mint
Earnings growth, end to West Asia war could drive double-digit gains for Nifty: Ashwini Shami, Omniscence CapitalMint
Semiconductor plant in Assam likely to start production this fiscal, Union Minister Ashwini Vaishnaw says
Production at the Jagiroad semiconductor plant in Assam is set to begin this financial year. Union Minister of I&B and Electronics and IT, Ashwini Vaishnaw, confirmed the timeline after meeting with Assam Chief Minister Himanta Biswa Sarma. The facility, a Tata Semiconductor Assembly and Test Pvt Ltd project, will produce millions of chips daily.
Demeter Advisors' Ashwini Agarwal sees opportunity in private banks, FMCG, avoids AI & defence bets
Ashwini Agarwal, Founder & Partner, Demeter Advisors, said the Indian market currently favours bottom-up stock selection over sector-wide bets. He remains positive on private banks, FMCG and selectively on IT services due to valuation comfort and earnings visibility, while avoiding expensive AI, defence and metal plays. Agarwal also said India’s ongoing trade agreements could support exports and growth over the medium term.
Railways clears Katra slope works, Kiul-Jhajha 3rd line project in Rs 1,200 crore safety push
The Minister for Railways, Ashwini Vaishnaw, has said that these works reflect the Government's commitment to ensuring safe and reliable connectivity in the most challenging terrains of the country. Shri Vaishnaw said that following a detailed assessment of cuttings, bridges and tunnels, protection and rehabilitation works have been sanctioned. He said these works will strengthen the long-term safety and reliability of this strategically important section.
Next bullet train at 350 kmph: Railway Minister Ashwini Vaishnaw
India's next bullet train will reach speeds of 350 kmph. Design work starts in six months. Indian Railways will also boost domestic cargo movement by rail. This aims to lower fuel consumption. Reforms will simplify norms for container transport. Cement, automobile, and salt loading have seen growth. Fly ash transit reforms are next. Passenger travel efforts are also underway.
Bengaluru Suburban Railway project progressing, says Ashwini Vaishnaw
The Bengaluru Suburban Railway Project is making strides across all four routes; with land acquisition finalised for two lines, construction of stations has kicked off, Ashwini Vaishnaw said. Meanwhile, progress continues for the remaining corridors, aided by ongoing approvals and essential surveys. This ambitious network is set to link vital hubs within the city.
Bullet trains will wipe out short-haul flights, Ashwini Vaishnaw warns airline investors
India's new high-speed rail network will significantly impact short-haul flights. Railways Minister Ashwini Vaishnaw stated that routes like Mumbai-Pune and Hyderabad-Bengaluru will be dominated by trains. Travel times will drastically reduce, making air travel uncompetitive. Investors in aviation should consider this shift. The government plans substantial investment in these bullet train corridors.
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.
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.