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RAILWAYS BUDGET 2023
Railways renews push for installing Atmospheric Water GeneratorsIndian Railways has renewed its push to deploy Atmospheric Water Generators (AWGs) in water-scarce areas, asking zones, production units an...- With Chabahar Port in limbo, can India still reach Central Asia and Russia?India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty f...
- 'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- Pre-budget rally in PSUs, defence & railway stocks a damp squib in last 6 budgets. Where to spot opportunities?PSUs, defense, and railway stocks have shown mostly negative returns in the fortnight before the budget over the last six years. PSU stocks...
- Vande Bharat or Aam Aadmi Rail? How world's largest transporter has changed over a decadeIndia's 2024-25 budget, presented by Finance Minister Nirmala Sitharaman, includes a record capital expenditure of Rs 2,62,200 crore for In...
- Interim Budget 2024-25 allocates Rs 2.55 lakh crore to Indian RailwaysThe interim budget 2024-25 allocates Rs 2.55 lakh crore to the Indian Railways for fiscal 2024-25, a 5.8% increase over the previous year. ...
- Railways plans to upgrade ticketing capacity from 25K to 2.25 lakh per minute: Ashwini VaishnawThe 2022-23 target of laying railway tracks for a distance of 4,500 kilometres (12 kilometres per day) has already been achieved, the minis...
- Budget 2023: An overview on how to stimulate Manufacturing, Digital & Innovation EconomyThe Indian government increased its capital spending by 33% to 10 trillion rupees ($122 Billion) to enable the country to expand its networ...
- UP to get highest share of modernisation funds allocated to RailwaysUttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. This...
- As Railway gets highest-ever allocation, minister announces Vande Metro"We are also developing Vande Metro... Around big cities, there are large habitations from where people would like to come to the big city ...
- Railways' big focus areas to be infra and passenger amenities, says VaishnawThe budget unveiled Wednesday raised the capital expenditure allocation for the national transporter to ₹2.40 lakh crore for FY24, an incre...
- Govt outlines highest ever Rs 2.40 lakh crore boost for Indian Railways in Budget“This is the highest capital outlay for railways and is 9x over Fy2014,” Sitharaman said while announcing the Budget for FY24. Railways was...
- Union budget 2023-24 has increased the budget of ministry of DoNER from Rs 2800.44 Crores of 2022-23 to Rs 5892 CroresThe FICCI Northeast Advisory Council has lauded the Union Budget as a forward-thinking budget that prioritizes inclusive growth. "The Budge...
- Union Budget 2023: Railways allocated Rs 2.4 lakh crore capital outlayThe Indian Railways has been allocated a capital outlay of Rs 2.4 lakh crore in the Union Budget 2023-24. This is the highest ever allocati...
- Budget 2023: Railway capex to get a boost, but will it uplift rail-related stocks?Given this is a thematic opportunity, any allocation should be done only after a thorough assessment of one’s risk appetite, and financial ...
- Railway capex. What would FY24 spend look like?The rail cargo is expected to reach 1600 million tonnes, up from 1210 million tonnes in 2020. Western and Eastern dedicated freight corrido...
- Railway ministry seeks 30% hike in FY24 Budget allocation"Railways has indicated that it will require 30% more allocation for the next fiscal year," a government official said, adding that additio...
- Union Budget 2023-24 may see up to 400 new Vande Bharat trains being announcedThis will be the highest ever allocation for the railways ministry so far. "The funds will be spent on laying new lines to decongest the In...
- Railways to complete long-pending projects of national importance by 2023: Railway Board chairmanAt a press briefing, Railway Board chairman said the priority of the railways in the next five years is to complete its 50 remaining super ...
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