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LOCKDOWN IMPACT ON RAILWAYS
Good news for Railways employees, India's largest employer announces a salary hike for these workersThe Ministry of Railways has announced that the COVID-19 lockdown stay-at-home period will be considered duty for trainee railway employees...- India's business activity saw its steepest weekly fall in over a year: NomuraNomura was optimistic that pent up demand would return as it expected the pace of vaccinations to increase in June. India’s weekly vaccinat...
- COVID-19 among reasons for Railways' losses in last 3 years: Piyush GoyalGoyal pointed out that remittance of dividend receipts from Railway PSUs to General Revenues, which hitherto used to be part of Railways' s...
- Railways' revenue declined by Rs 36,993 crore in 2020 due to pandemic: GovtIn written reply to a question in Lok Sabha, the minister said this decline in revenue was due to the adverse impact of COVID-19 pandemic, ...
- Covid-19 impact: Indian Railways' traffic revenue till August 2020 declined by 42% over last yearThe total number of originating passengers till the end of August this year was a meagre 1.27% of the corresponding period in the last fina...
- IRCTC Q1 results: Company reports net loss of Rs 25 crore due to lockdownDuring the quarter, train operations came to a virtual standstill with the government allowing just a few trains to run that too in later s...
- The economy is picking up partly due to pent up demand, says NITI Aayog's Vice ChairmanNITI Aayog Vice-Chairman Rajiv Kumar talks to ET about the revival of the Indian economy and his cautious optimism regarding the signs of s...
- Transport & Tourism parliamentary panel could meet in next two weeks: Chairman writes to membersThe committee chairperson TG Venkatesh wrote to all members of the committee last week informing them that a meeting is being planned "in t...
- HDFC Bank’s Rs 12,000 cr loans to IRFC hints at resumption of the project financing cycleHDFC Bank is traditionally known for sanctioning working capital loans. But it began to disburse long-term project loans since past few yea...
- Railways receives a demand for 321 Shramik Special trains; decision likely on discontinuation soon: SourcesThe Railways, which is running over 200 Shramik Special trains on an average, has the capacity to complete the demand of 321 trains in the ...
- 3,736 Shramik Special trains ferried over 48 lakh migrants since May 1The railways has distributed more than 85 lakh free meals and about 1.25 crore free water bottles to migrant workers travelling in these tr...
- Left with few options, India's public transport operators brace for a turbulent ridePublic transport operators may not immediately give into hiking fares but explore other ways.
- Railways ferries 31 lakh migrants on board 2,317 Shramik Special trains since May 1The initial estimation of migrant workers to be transported back to their home towns were based on details provided by various state govern...
- Freight train runs over ‘migrants sleeping on tracks’, 16 killedThe workers, who were walking to Bhusawal from Jalna, were returning to Madhya Pradesh, an official at the Karmad police station told PTI.
- Gas leak disrupts train services, at least nine Shramik Specials affectedPassenger train services are suspended in the country due to the ongoing lockdown to combat the COVID-19 pandemic. But the railways has bee...
- Transported 1,150 tonnes of medical items during lockdown: RailwaysWhile the railways has played a significant role in transporting essential commodities across the country, it has also been helping people ...
- Indian Railways to continue land monetisation, hold pre-bid meeting via video-conferencingRail Land Development Authority, a statutory authority, under the Ministry of Railways, for development of vacant railway land for commerci...
- Railways to cancel around 39 lakh tickets booked for Apr 15-May 3 due to lockdown extensionWith the national transporter allowing tickets to be booked during the 21-day lockdown announced earlier for journeys starting after April ...
- Green shoots of recovery wither due to Covid: CLSAJapanese brokerage firm Nomura also sees the lockdown impacting growth recovery.
- Coronavirus: Western Railway suffers Rs 178 crore loss due to lockdown"WR has suffered loss of Rs 178.5 crore in suburban and non-suburban train operations till March 29. In Mumbai division, over 9 lakh passen...
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