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.
Denne historien er fra December 30, 2024-utgaven av Financial Express Delhi.
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Denne historien er fra December 30, 2024-utgaven av Financial Express Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Sterlite Grid 32 gets over ₹2,400 cr via listed NCDs
FUNDS TO BE USED TO REFINANCE MUMBAI PROJECT
Festive boost to Titan biz growth in Dec qtr
TITAN'S STANDALONE BUSINESS registered a 24% year-on-year growth, the Tata Group company said on Monday while providing an update for the December 2024 quarter.
SC Transfers Amazon, Flipkart's Plea Against CCI to Karnataka HC
THE SUPREME COURT on Monday transferred to Karnataka High Court petitions of Amazon and Flipkart, challenging a Competition Commission of India (CCI) order for a probe into the e-commerce giants for alleged malpractices.
Lodha pre-sales soar to record ₹4,510 cr in Q3
MUMBAI-BASED REAL ESTATE developer Macrotech Developers (also known as Lodha Group) on Monday said it has achieved best ever quarter pre-sales of ₹4,510 crore, showing 32% year-on-year (y-o-y) growth in Q3FY25.
Residual benefit of tariff hikes to boost telcos' Arpu in Q3
KEY METRIC PROJECTED TO RISE 3-5%
Nxtra, Bizongo lead emerging unicorns
FIVE INDIA STARTUPS VALUED AT OVER $900 MN
Isro to dock SpaDeX satellites on January 9
ISRO ON MONDAY said the docking experiment of SpaDeX satellites scheduled for January 7 is now postponed to January 9.
Services PMI rises to 4-month high in Dec
DEMAND BUOYANCY CONTINUES TO DRIVE GROWTH
Govt Mulls Hallmarking for Silver Jewellery
FOOD AND CONSUMER affairs minister Pralhad Joshi on Monday asked the Bureau of Indian Standards (BIS) to consider implementing mandatory hallmarking for silver and silver artifacts following consumer demands.
Centre eyes private capital for ₹9L-cr grid expansion
INDIA IS ASKING states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.
