India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
CHENNAI: The Indian Railways is planning to soon halt producing Vande Bharat Express trains with only seating (chair cars) and shift its focus to sleeper coach variants designed for long-distance overnight journeys, according to Daily Thanthi. An official from the Integral Coach Factory (ICF) said they have a target of completing the production of 11 more Vande Bharat trains with chair cars. After that, chair car production will be discontinued, and the focus will shift to trains with sleeping facilities. BEML in Bengaluru and ICF in Perambur jointly began producing sleeper coach variants of Vande Bharat trains, with production completed in August last year. The prototype train is expected to be handed over to the Railway Board soon. "The Railway Board has ordered the manufacture of 97 Vande Bharat trains. Of these, 86 trains have been prepared and delivered. In the financial year 2025-26, by April next year, the remaining 11 chair car trains will be delivered to the board," the ICF official added.
Katra (Jammu and Kashmir) [India], June 7 (ANI): Jammu and Kashmir Minister Satish Sharma on Friday said that the railway bridge over the Chenab river, inaugurated by Prime Minister Narendra Modi, was a long-pending project and demand. The Minister said that the people of Jammu and Kashmir are development-oriented and that the much-awaited project would boost tourism. Speaking to ANI about the Chenab rail bridge inauguration, Sharma said a day earlier, 'Today, the Kashmir valley has been connected with the rest of the nation. This was a long-pending project and demand. I congratulate Prime M ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
Moradabad (UP), Aug 1 (PTI) The Moradabad district administration has cancelled the allotment of a government bungalow granted to former Uttar Pradesh chief minister Mulayam Singh Yadav. The Samajwadi Party (SP) has been asked to vacate the premises within 30 days. The bungalow, located in the posh Civil Lines area near the Police Training College (PTC II), was allotted to the SP patriarch 31 years ago. Spread across nearly 1,000 square meters on Nazul land, the property serves as the local SP office. District Magistrate Anuj Singh said the property is needed for housing officers and other ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Prime Minister Narendra Modi is set to inaugurate a series of monumental infrastructure projects, including Chenab Bridge - the world's highest railway bridge and flag off the much-awaited Vande Bharat Express train from Katra to Srinagar. Dilip Kumar, Executive Director of Information & Publicity of the Railway Board hailed the occasion as one of the most historic milestones since India's independence. "On this historic day, by the grace of Mata Vaishno Devi, PM Modi is dedicating to the nation a project that is being discussed across the world. If we look ...Read More >
New Delhi, Jun 29 (PTI) The Railway Ministry has enhanced the limit on passengers' waiting list from 25 per cent to 60 per cent for all AC classes and 30 per cent for non-AC classes by a fresh order issued on Saturday. The order to cap the waiting list of passengers of all classes at 25 per cent was originally issued on April 17 to all zones as well as the Centre for Railway Information System (CRIS). Also Read | Bengaluru Horror: Woman's Body Found Stuffed in Sack, Dumped in Garbage Truck Near Channammanakere Skating Ground; Murder, Possible Sexual Assault Under Investigation. The CRIS ame ...Read More >
New Delhi (India) June 30 (ANI): In a move aimed at streamlining fare structures and enhancing the financial sustainability of passenger services, the Ministry of Railways has rationalised the basic fare of Passenger train services, effective from 01 July 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA), the railways said in a release. As per the release, no change in Suburban single journey fares and Season Tickets (for both suburban and non-suburban routes). The fare hike varies across different classes and tra ...Read More >
Union Railways Minister Ashwini Vaishnaw has said indigenously made 150 Vandebharat trains are slated for export with the first train set already flagged off by Prime Minister Narendra Modi. More railway rolling stock, including metro coaches, are getting export orders and the upcoming ₹521.26 crore mega Kazipet Railway Manufacturing Unit is going to play a key role once it is commissioned in 2026, he told the media at the factory site on Saturday (July 19, 2025). What will be manufactured the ...Read More >
Guwahati: Work on the second Saraighat rail-cum-road bridge over the Brahmaputra in Guwahati will start soon, with tenders to be opened next month, followed by work allotment, officials said on Saturday.While this major infrastructure project was sanctioned during the FY 2023-24 with an estimated cost of Rs 1,473.77 crore, Northeast Frontier Railway (NFR) on Saturday said the bridge is targeted for completion by Dec 2029. This bridge at Saraighat has been sanctioned as part of the doubling of the Agthori-Kamakhya railway line under NFR."The geotechnical investigations have been completed for t ...Read More >
New Delhi, August 3: Railway Minister Ashwini Vaishnaw on Sunday said that India's first bullet train between Mumbai and Ahmedabad will commence operations "very soon," and it will reduce travel time between the two cities to just 2 hours and 7 minutes. Talking to reporters at the Bhavnagar terminus in Gujarat, after virtually flagging off three trains: the Ayodhya Express, Rewa-Pune Express, and Jabalpur-Raipur Express, Vaishnaw stated that the bullet train project is moving quickly. Mumbai's Bandra Kurla Complex (BKC) will be connected to major cities of Gujarat, such as Vapi, Surat, Vadoda ...Read More >
Mumbai, Jun 6 (PTI) The first 'Chhatrapati Shivaji Maharaj Circuit Train Tour' has received overwhelming response as all the seats have been booked ahead of the scheduled departure on June 9, the Indian Railway Catering and Tourism Corporation Limited said on Friday. In a release, IRCTC, a 'Navratna' PSU under the railway ministry, said all 710 seats have been booked in 11 coaches. These comprise 480 in the Economy (Sleeper) category, 190 in Comfort (3AC) and 40 in Superior (2AC), indicating strong interest across travel classes, it added. IRCTC in collaboration with Maharashtra government ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
New Delhi, The loco pilots union has written to Lok Sabha Speaker Om Birla, urging him to refer their dispute with the rail administration over rest hours to the lower house's Petition Committee, and warned of a nationwide strike if the issue is not resolved. The All India Loco Running Staff Association and the rail administration have locked horns over clubbing weekly rest hours with daily rest hours. However, the Railway Ministry said that, of late, it has created several amenities for loco p ...Read More >
Guwahati, The construction of a second rail-cum-road bridge over the Brahmaputra at Saraighat in Guwahati is expected to commence soon, an official said on Saturday. The tender is likely to be finalised shortly, and construction work will start immediately after it, he said. This second bridge at Saraighat was sanctioned as part of the doubling of the Agthori-Kamakhya railway line under Northeast Frontier Railway . It was sanctioned in 2023-24 with an estimate of ₹1,473.77 crore, and is targ ...Read More >
Ahmedabad: Railway Minister Ashwini Vaishnaw on Sunday announced that India's first bullet train between Mumbai and Ahmedabad will begin operations very soon, reducing travel time between the two cities to just 2 hours and 7 minutes. He was speaking to reporters at the Bhavnagar terminus in Gujarat after virtually flagging off three trains, namely the Ayodhya Express, Rewa Pune Express, and Jabalpur Raipur Express. He further stated that the bullet train project is progressing rapidly. The 508-kilometre high-speed rail corridor will connect Mumbai's Bandra Kurla Complex (BKC) with key cities ...Read More >
The Amrit Bharat Station Scheme is a long-term project by the Indian Railways aimed at transforming more than 1,300 railway stations across the country. Prime Minister Narendra Modi is inaugurating 103 redeveloped Amrit stations across India on Thursday via video conferencing from Bikaner. The redeveloped stations are spread across 86 districts in 18 States and Union Territories and have been built at a cumulative cost of over Rs 1,100 crore, according to a release by the ministry of railways. ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
New Delhi: The Railway's decision to limit the passenger waiting list to 25 per cent of the capacity of each class has been flagged by reservation supervisors, ticket booking clerks and some senior commercial officers as uneconomical for the railways and inconvenient for travellers. The ministry, however, has justified the decision, saying less than one-fourth of the total number of waiting passengers get confirmed berths on an average and the 25 per cent cap has been placed in view of that. "The decision was made after meticulously studying the waiting list confirmation pattern," said Dilip ...Read More >
Samastipur (Bihar) [India], July 8 (ANI): In a continued effort to modernise and upgrade railway infrastructure in Bihar, Union Minister for Railways Ashwini Vaishnaw on Monday laid the foundation stone and inaugurated several key projects worth Rs 17.30 crore at Karpoorigram Station under the Samastipur division. At the outset, Vaishnaw inspected the Digha Bridge Halt and thoroughly reviewed passenger amenities, safety, cleanliness, platform condition, drinking water, lighting, and security arrangements, according to a statement from the Ministry of Railways. He directed officials to work t ...Read More >
Katra: Prime Minister Narendra Modi on Friday flagged off the Katra-Srinagar Vande Bharat Express, inaugurating an alternative all-weather transportation system for Kashmir by connecting the Udhampur-Srinagar-Baramulla rail link with the national railway network. The train will commence commercial operations from Saturday, allowing passengers to travel in the two pairs between Srinagar and Katra except on Wednesdays. The Udhampur-Srinagar-Baramulla rail project in the tough Himalayan terrain has been referred to as a marvel. It is expected to be a game changer in the development of the mount ...Read More >
Officials say the train will help the troubled region, but many Kashmiris see it as a tool to entrench the Indian government's control. After decades of highly complex engineering work and billions of dollars in investment, India has finally connected the Himalayan region of Kashmir by rail to the rest of the country. The train link, which was officially inaugurated on Friday, fulfilled a dream dating back to the British colonial era. Indian officials called it a transformative leap for the res ...Read More >
Katra (Jammu and Kashmir) [India], June 7 (ANI): The first Vande Bharat Express train on the Katra-Srinagar route began its journey on Saturday morning, a day after Prime Minister Narendra Modi flagged it off from Katra Railway Station. Passengers were seen gathering excitedly to board the train for the inaugural ride. Also Read | Bihar Police Constable Recruitment 2025: CSBC Rejects 33,042 Applications for Post of Police Constable, Know Reasons Here. Sheetal, one of the passengers, told ANI, " It's a great thrill and will be a good experience for us that Modi ji paved the way for us to vis ...Read More >
NEW DELHI: In a significant development, Indian Railways has proposed to prepare and release the reservation chart eight hours before a train's departure, replacing the current practice of releasing the chart four hours before departure. This new timeline is expected to come into effect from 1st July this year. The decision follows a series of meetings between railway officials and Railway Minister Ashwini Vaishnaw, aimed at improving convenience for passengers, particularly those holding waitlisted tickets. Confirming the development to this newspaper, a senior railway official said on Sun ...Read More >
New Delhi, June 5 (SocialNews.XYZ) Union Minister Ashwini Vaishnaw on Thursday described the Chenab Bridge built on the Jammu and Srinagar railway line as an engineering marvel, saying that it has been designed to tackle winds up to 260 kilometres per hour and falls in Seismic Zone 5. Talking to reporters about the unique features of the bridge, the Union Minister said its design is very complicated and its foundation is equal to half a football field. About 30,000 tonnes of steel have been used to build this bridge, which is now touted as the world's highest railway arch bridge. Prime Mini ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
New Delhi, July 1: Railway Minister Ashwini Vaishnaw launched on Tuesday the RailOne mobile application, which can help passengers get easy access to multiple services such as ticket booking, train and PNR enquiry, journey planning, rail help services and meal booking. Vaishnaw inaugurated the app, available on both Android Play Store and iOS App Store platforms, at the 40th Foundation Day celebrations of the Centre for Railway Information Systems (CRIS). "RailOne App is a one-stop solution for all passenger needs. Through this app, passengers get easy access to the following services: Ticket ...Read More >
The percentage of non-AC coaches on Indian Railways is as high as 70 per cent. Image: ANI Indian Railways has significantly enhanced the travel facilities for the benefit of economically weaker passengers with the number of seats available for non-AC passengers increasing to 54 lakh, which constitutes 78 per cent of the total, while AC seats comprise the remaining 22 per cent, the Parliament was informed on Wednesday. Due to the higher availability of general coaches, the number of passengers t ...Read More >
New Delhi, Jun 30 (PTI) The Ministry of Railways has decided to prepare reservation charts for long-distance trains eight hours in advance, instead of the current four hours, to help passengers travelling from remote locations plan their journeys better. The decision was taken during a recent review meeting chaired by Railway Minister Ashwini Vaishnaw, a statement issued by the ministry said. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 30, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. Under Vaishnaw's guidance, officials are ...Read More >
Srinagar- Chief Minister Omar Abdullah has written to Union Railway Minister Ashwini Vaishnaw, requesting an enhancement of Vande Bharat train services in the Union Territory. The demands include increasing the frequency of the trains, augmenting coach capacity, rescheduling timings for better public convenience, and providing onboard internet connectivity. In a letter sent last week, Omar Abdullah welcomed the recent launch of the Vande Bharat Express between Katra and Srinagar, describing it as a "landmark initiative" that has brought modern, comfortable, and time-efficient travel to the pe ...Read More >
NEW DELHI: The E5 variant of Japanese Shinkansen trains will be used for trial runs in the Gujarat section of the Ahmedabad-Mumbai bullet train project in financial year 2026-27, railway officials have said. India will subsequently buy the state-of-the-art E10 variants, which will be rolled out in India and Japan simultaneously. E10 Shinkansen trains are likely to be launched in 2030.The country's first bullet train project is progressing well, a senior railway ministry official said. "Only Japanese Shinkansen trains will be deployed for the trial runs and then we will have the most advanced t ...Read More >