Economy

Railways targets 80% of coal freight

Indian Railways is set to redouble efforts to increase freight movement, with coal loading witnessing 8–9 per cent increase in both volume and value terms. Other major freight categories like cement, raw materials and imported coal witnessed a decline in loading, according to the latest (January first week) figures from the national transporter. Earnings from […]

Economy

Rail panel urges non-fare revenue boost, faster freight trains, green budgeting for growth

The Railways Parliamentary Standing Committee has suggested that Indian Railways shore up its “non-fare revenues” – coming in from segments like advertising, commercial leasing of land, and so on. Incorporating “green budgeting” methodologies into financial allocations have also been suggested. According to the Committee recommendations, Railways can explore seeking assistance from external agencies, if necessary, […]

Economy

Rail panel urges non-fare revenue boost, faster freight trains, green budgeting for growth

The Railways Parliamentary Standing Committee has suggested that Indian Railways shore up its “non-fare revenues” – coming in from segments like advertising, commercial leasing of land, and so on. Incorporating “green budgeting” methodologies into financial allocations have also been suggested. According to the Committee recommendations, Railways can explore seeking assistance from external agencies, if necessary, […]

Economy

DP World expands rail freight network in India with 25% capacity boost at Pali terminal

  Global logistics major DP World will look to expand presence in India, specially in the rail freight business. The company has upped rail freight handling capacity at its Pali terminal by 25 per cent with the addition of a third line, while it continues to explore “additional investment opportunities” across the western and eastern […]

Economy

India looks to alleviate container shortage amid Chinese front-loading and rising freight costs

The government has stepped in to resolve the container shortage situation to ensure adequate availability for exporters, with the Shipping Ministry and some other line ministries, like the Railways, working on a series of policy interventions. During internal discussions across Ministries, it was acknowledged that the “front loading of shipments” by China to circumvent US […]

Economy

India looks to alleviate container shortage amid Chinese front-loading and rising freight costs

The government has stepped in to resolve the container shortage situation to ensure adequate availability for exporters, with the Shipping Ministry and some other line ministries, like the Railways, working on a series of policy interventions. During internal discussions across Ministries, it was acknowledged that the “front loading of shipments” by China to circumvent US […]