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RAILWAYS EARNINGS AND EXPENDITURE
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian RailwaysRailway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is exp...
Delhi-NCR taxi, auto unions strike enters second day over fare revisionCommercial vehicle operators and taxi unions in Delhi-NCR are on a 72-hour strike. They protest rising fuel and CNG prices. Drivers demand ...
ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
Railways: FM Sitharaman allocates Rs 2.77 lakh crore for capital expenditureIndian Railways receives a record capital expenditure allocation of Rs 2,77,830 crore for financial year 2026-27. This significant funding ...
Railway Ministry understated its working expenditure in 2022-23: CAG ReportThe Comptroller and Auditor General (CAG) revealed that Indian Railways understated its expenses. This happened in the financial year 2022-...
Railways' earnings showed 25.51-pc increase in 2022-23 over previous financial year: CAGThe Indian Railways showcased a strong financial turnaround in FY 2022-23, reporting a 25.51% surge in earnings, reaching Rs 2,39,982.56 cr...
New projects, trains to put railways earnings on fast trackThe Railways aims to more than double its net earnings to ₹3,041.3 crore in 2025-26, driven by enhanced revenue from passenger, freight ope...
Railways earnings rise 4%, capex 2% in 9 months of FY25Indian Railways experiences a 4% revenue growth and 2% higher capital expenditure in the first nine months of the current fiscal. With impr...
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...
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 2019: Clamp down on expenses will hurt passenger safety, fear railway officials“Every MP wants good rail infra, we will take steps to improve finances,” says Minister Suresh Angadi.
Railways spending more for every rupee earnedThe railways' operation ratio was 91.3 per cent during 2014-15. It improved to 90.5 per cent in 2015-16. However, for the fiscal 2016-17, o...
What Jaitley didn't tell you in his budget speech about the state of Indian RailwaysThis is the first time freight earnings have fallen since 1978-79. It is a telling statistic about the state of the railways and the overal...
Railways concerned about dip in passenger and freight earningsRailways earned Rs 9533.07 crore from goods loading in December 2015, as against the target of Rs 10,918.53 crore target, a 12.69 per cent ...
Railways improves operating ratio at 91.3 per centAccounts indicate an OR of 91.3 per cent, which is an improvement over the target of 92.5 per cent and also better than the revised estimat...
Railways cut down expenditure on repair, replacement of assetsRailways is cutting expenditure in non-core operations like repair and replacement of assets and staff amenities to tide over the situation.
- Railway Budget 2011: Spends 42% earnings on staff wages
Indian Railways, the country's single largest employer, spends 42 per cent of its revenue on staff wages and allowances, while almost two-t...
- Railway Budget 2009-10: Investment routes may not fare well
The government's decision to brave rising expenses to keep passenger fares and freight rates may derail Indian Railways' plans of internal ...
- Railway earns bread from freight; spends little on development
The country's largest employer, with over 1.4 million workers, spent 25 paise of each rupee on wages and other allowances to staff and 11 p...