Centre planning bullet trains when people travel like 'cattle' in locals: Trivedi

Last Updated: Tuesday, May 19, 2015, 18:25

Former Railway Minister Dinesh Trivedi Tuesday took a swipe at the Centre's bullet train project, saying it should care about the suburban local commuters first, who are forced to travel like "cattle" in peak hours here.

Prabhu explores ways to mobilise resources for railways

Last Updated: Monday, May 18, 2015, 21:26

With an investment target of 8.5 lakh crore in five years, Railway Minister Suresh Prabhu Monday discussed with leading bankers the ways in which resources could be mobilised for rail infrastructure development.

Ratan Tata for incentive-based approach to address Railways problems

Last Updated: Wednesday, May 13, 2015, 21:02

Chairing the first meeting of the 'Kayakalp Council' for Railways' revamp, noted industrialist Ratan Tata is Wednesday understood to have suggested an incentive- driven mechanism for employees resolving through innovative ideas problems faced by the public transporter.

Google adds Indian Railways to its Maps

Last Updated: Tuesday, May 12, 2015, 18:22

Search giant Google Tuesday added Indian Railways to its maps, which will allow users to check schedules and routes across eight cities in India.

Railways unable to meet operation cost of passenger services: CAG

Last Updated: Friday, May 8, 2015, 17:54

The loss incurred on operational cost of passenger services increased to Rs 26,025.46 cr

Regulatory body required for private participation: Suresh Prabhu

Last Updated: Monday, May 4, 2015, 12:58

He further said, "Arvind Pangarayia has been requested to suggest a road map. He is independent, very intellectual, very competent and also part of our system as he is vice chairperson in NITI Ayog.

No privatisation of Railways: Suresh Prabhu

Last Updated: Sunday, May 3, 2015, 15:09

Notwithstanding recommendation by government panels, Railways Minister Suresh Prabhu has outrightly ruled out privatisation of the public transporter, saying it was a "bogey" being raised by those who do not want any change.

Railways in existential crisis but no stock market route: Suresh Prabhu

Last Updated: Sunday, April 26, 2015, 15:18

"Railways lost traffic to road. It is because you make investment three to four times higher in road than railways. You have systematically ignored rail favouring road. Now it has become an existential crisis for railways.

Indian Railways first in line to raise rupee bonds offshore

Last Updated: Wednesday, April 22, 2015, 16:31

Indian Railways Finance Corp, the finance arm of Asia`s largest rail network, plans to raise up to USD 1 billion through offshore rupee bonds, making it the first domestic issuer to eye so-called "masala" debt to diversify its source of funds.

Indian Railways need to reinvent itself, says panel

Last Updated: Monday, April 20, 2015, 19:21

With the resource crunch severely eroding the financial credibility of railways, a Parliamentary panel Monday suggested the government should ensure that the proposed five-year investment plan serves as a stimulus package to assist the public transporter in its turnaround.

IRCTC to offer baggage insurance for train passengers

Last Updated: Monday, April 20, 2015, 13:11

Under this, a customer will be offered additional services like insurance coverage for baggage while booking e-tickets on the IRCTC website.

Suresh Prabhu advocates use of solar, wind energy

Last Updated: Monday, April 20, 2015, 12:59

Cautioning against harmful effects of greenhouse gases due to fossil fuel use, Railway Minister Suresh Prabhu has advocated a paradigm shift in the energy scenario through the use of alternative energy like solar and wind power.