Plans to boost railway receipts likely in FY26
Financial Express Mumbai|December 30, 2024
Vande Bharat sleeper trains, revival of PPP on the cards
MANU KAUSHIK

THE SURGE IN budgetary allocations in recent years has accelerated the pace of the railways' capacity building and the overall modernisation of the country's rail transportation infrastructure. However, whether this will be enough to generate the revenue streams needed to gradually reduce reliance on taxpayer money will depend on tariff policies, the ability to attract more passenger and freight volumes, and securing a critical level of private investments.

The national transporter is working on multiple projects that will boost the passenger segment revenues. For instance, the government is expected to launch Vande Bharat sleeper trains in 2025 which will provide greater comfort over long- and medium-distance journeys. At present, 10 Vande Bharat sleeper trains are under production with the first prototype to undergo field trials shortly.

هذه القصة مأخوذة من طبعة December 30, 2024 من Financial Express Mumbai.

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هذه القصة مأخوذة من طبعة December 30, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Financial Express Mumbai

Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

BENCHMARK SENSEX SPURTED by 454 points and Nifty closed above 23,300 on Monday following gains in banking, financial and power stocks amid firm global trends.

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Weaker Rupee to Raise Ticket Sizes of Foreign Education Loans: Experts

THE DEPRECIATING RUPEE is expected to slightly increase the average ticket size of overseas education loans, but it is unlikely to deter students from pursuing higher education abroad, Shweta Guru, chief business officer at Auxilo Finserve, said.

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Billionaire wealth soars 3x faster by $2 trillion in 2024

BILLIONAIRE WEALTH ACROSS the globe surged by $2 trillion in 2024 to $15 trillion at a rate three times faster than the previous year, a study showed on Monday as the richest of the world began to assemble for their annual jamboree in this ski resort town.

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Trump factor has implications for economy and business, says Birla

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On Day 2 of ceasefire, Gazans search for people under rubble

PALESTINIANS BEGAN SEARCHING on Monday for thousands of Gazans believed still buried under rubble, as residents expressed shock at the devastation wrought by 15 months of war on the enclave on the second day of a ceasefire between Israel and Hamas.

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What the Financial Services Sector Needs
Financial Express Mumbai

What the Financial Services Sector Needs

A Push to India's Economic Landscape

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Bachchan's ₹83-crore deal: Mumbai property market sizzles again

CONTINUING WITH THE trend seen in 2024, Bollywood stars are keeping the Mumbai property market, especially the western suburbs, abuzz with a number of big-ticket deals in the new year.

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Trump 2.0

India has to play its strategic cards well as campaign rhetoric often differs from governing realities

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Kotak Bank to Maintain Its Margins

Aided by a rate-cut cycle & led by growth in high-yielding assets

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KVB Net Profit Rises 20% to ₹496 Crore

KARUR VYSYA BANK (KVB) on Monday reported a 20% year-on-year increase in its net profit for the third quarter at ₹496 crore.

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