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Railway utilised 98 pc capex by Feb-end; trains to dominate flights in new corridors: Vaishnaw
Indian Railways achieved 98 percent budget utilization for FY26. New high-speed corridors will significantly cut travel times, making trains the preferred mode over flights. Mumbai to Pune will take 28 minutes, and Delhi to Varanasi just 3 hours and 50 minutes. The railway network has seen extensive electrification and new track additions.
Hospitality and Travel Stocks Like Yatra, IRCTC, and Others Crash Up to 6% After PM Modi’s Speech By Trade Brains - Investing.com India
Hospitality and Travel Stocks Like Yatra, IRCTC, and Others Crash Up to 6% After PM Modi’s Speech By Trade BrainsInvesting.com India
India's Afcons emerges as successful bidder to construct railway line in Europe
Indian company Afcons Infrastructure Ltd has secured a major railway project in Croatia. This marks Afcons' entry into Europe and is its largest international order to date. The project involves reconstructing an existing track and building a second line. It includes civil works, electrification, and signaling. The contract is valued at over 677 million Euros.
Govt approves ₹23,437 crore railway expansion across 6 states
The Union Cabinet has approved three major railway projects costing over ₹23,000 crore. These projects will add nearly 900 km to the Indian Railways network. They aim to reduce traffic congestion and boost capacity. This will improve connectivity across several states. The enhancements will also support the transport of essential goods and reduce logistics costs.
Best Indian Railway Stocks in India - Groww
Best Indian Railway Stocks in IndiaGroww
A ₹18,000 crore blow seen for India's aviation story as West Asia conflict clips wings
India's aviation and tourism sectors are currently navigating turbulent skies due to the unrest in West Asia. Airlines are challenged with heightened expenses and prolonged flight durations, significantly impacting international travel. The inbound tourism sector is seeing a downturn as Indian travelers prefer more brief vacations abroad.
Semiconductor, railway infra stock jumps following Dalal Street rally
MIC Electronics shares rose 6% to ₹40.71, driven by strong market interest and recent order wins from Indian Railways. Despite a 48% decline over six months, the stock has surged 4,740% in five years, showcasing significant investor returns.
Railways clears 100 projects worth Rs 1.53 lakh crore in FY26; expansion more than doubles yoy
Indian Railways is set for a major expansion in FY 2025-26. The Ministry of Railways has sanctioned 100 projects with a Rs 1.53 lakh crore investment. This initiative will add over 6,000 kilometers of new railway lines and upgrade existing ones. Projects will focus on decongesting routes, improving services, and connecting underserved regions.
Indian Railways fast-tracks safety with ₹1,364 cr Kavach push
Indian Railways has approved projects totaling over ₹1,300 crore to enhance safety and communication systems. These initiatives include the deployment of the Kavach train protection system and the expansion of optical fibre networks. The upgrades aim to improve signalling reliability and strengthen communication backbone systems across various railway zones.
To promote India, IATO body undertakes road shows in Europe
The Indian Association of Tour Operators recently held a roadshow across Europe. Engagements took place in Frankfurt, Paris, and Amsterdam. This initiative aimed to boost tourism from Europe to India. The event provided a platform for Indian tourism stakeholders to connect with European travel professionals. Discussions focused on traveler preferences and diverse tourism offerings.
Right policies can help bring idle household gold into the market
Indians hold significant idle gold. Unlocking this gold could ease economic pressure by reducing reliance on imports. A two-year-old brand, Indriya Aditya Birla Jewellery, sees increased gold exchange contributing to sales. The company focuses on design and quality, catering to women of all ages. Indriya also plans to expand its natural diamond business, seeing growth potential in the Indian market.
Officials can travel if norms permit: Ashwini Vaishnaw on free Palace on Wheels, Maharaja Express trips
Railway officials can travel with families on Indian Railways trains strictly following set norms. This clarification came from Railway Minister Ashwini Vaishnaw in the Lok Sabha. The minister also provided an update on development works at Karur railway station. Several improvements have been completed, with more ongoing.