Railways announces Rs 5 lakh ex-gratia for kin of train fire victims

Railway Minister Mallikarjun Kharge on Wednesday expressed grief over the death of passengers in the fire mishap on board the Mumbai-Dehradun Express and announced an ex-gratia of Rs 5 lakh each to......

Did fractured tracks cause Mangla Express derailment?

Multiple fractures on the rail track are suspected to be the cause of Friday’s derailment of the Mangla Express near Nashik claiming three lives and injuring 37. Prime facie it seems to be a......

Speeding train runs over 37 in Bihar, angry mob kills driver

At last 37 pilgrims, locally known as kanwariyas, (devotees of Lord Shiva) were crushed to death under the wheels of the Saharsa-Patna Rajyarani Express near Dhhamara railway station in......

I look forward to CBI probe: Bansal on bribery case

Distancing himself from his nephew, who was arrested by the Central Bureau of Investigation on Friday night in a case of bribery for allegedly fixing a top level position in the railway board,......

Indian Railways opens up Rs 90,000 cr FDI opportunity

The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects. Foreign investors can put in as much as Rs 90,300 crore (Rs 903......

Investor-friendly railway framework soon: Minister

Railways Minister Suresh Prabhu on Friday told a large gathering of private investors and financial institutions his ministry would put in place an investor-friendly framework to transform the......

Railways plans road shows abroad to woo investors

In a bid to woo foreign investors, the Indian Railways is planning to organise road shows in select countries showcasing opportunities for investment in the rail sector. Inviting private......

Railways to expand FDI participation list, identify 50 projects

Indian Railways (IR) is gearing up for another phase of reforms through a slew of measures. These include expanding the list of areas where foreign direct investment (FDI) will be invited,......