Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised

Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future.

The Railway Board has decided to wind up the ambitious Rs 5,000-crore One ICT plan and the transformation cell

The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio rationalisation

German aid likely for Bengaluru-Chennai bullet train

Of the Rs 1.10 lakh crore investment required for the project, Japan is providing Rs 88,000 crore as a soft loan at 0.01 per cent interest.

Food to be cooked in base kitchens instead of trains; private players to be involved

Global crude oil prices have slumped by 49 per cent during the same period

The upcoming Akshay Kumar starrer Toilet: Ek Prem Katha is set to use toilets of the Indian Railways

Contracts will be given for five years, in a transparent manner

Govt looks to take cooking gas to tiger reserves, Naxal-hit areas

India is the third largest consumer of petroleum products, after the US and China.

The Manduadih-Rameswaram Weekly Express tops the list of latecomer trains, with the highest average delay time of 11.5 hours!

Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities

Railway Minister Suresh Prabhu is targeting the commissioning of the project by 2023-24

This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.

The Cabinet has approved a framework of understanding on cooperation in hydrocarbons with Bangladesh recently.

Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.

The development comes after the National Democratic Alliance government this year broke a 92-year-old tradition of presenting a separate Railway Budget, according to suggestions made by the Debroy committee.

The ministry of railways is set to invite bids for content on demand and rail radio services, to be provided for travellers in April, says Shine Jacob.Shine Jacob in New Delhi