Railways Losses

He stated that he had no other choice but to hire an interstate taxi from Kanpur to Jhansi to avoid missing his connecting train.

Since 2019, the Railways has suffered a loss of more than Rs 55 lakh due to damage caused by stone pelting on Vande Bharat trains, Union Minister Ashwini Vaishnaw informed Parliament on Wednesday.

Union minister Raosaheb Danve on Sunday said the Railways has suffered losses to the tune of Rs 36,000 crore during the coronavirus pandemic, and termed goods trains as the real revenue generators for the national transporter.

IRCTC Q1 Results: IRCTC announced its April-June quarter results for the financial year 2021-22, reporting a net profit of Rs 82.52 crore, compared to a net loss of Rs 24.60 crore in the year-ago period

The Railways' revenue shortfall in the last three years has been primarily due to a drop in originating passengers, less loading, "very low" growth in other coaching revenue and the coronavirus pandemic, Union Railway Minister Piyush Goyal said on Wednesday.

The committee has also suggested that the railways should strengthen their planning, management and monetary mechanisms substantial non-fare revenues

The Indian Railways has suffered losses of around Rs 2,400 crore due to the ongoing farmers' protests against the farm laws at various places in Punjab, said Northern Railway General Manager Ashutosh Gangal.

The Railways said it has suffered a loss of Rs 2,220 crore, including Rs 67 crore in passenger revenue, due to the ongoing protest by farmers against the Central farm reform laws.

The railways has suffered a loss of Rs 1,670 crore in freight earnings alone due to the farmers' agitation in Punjab that have continued for over 50 days now, resulting in the cancellation of 1,986 passenger services and 3,090 goods trains to the region, sources said on Monday.

The loss suffered by the Railways due to the agitation in Punjab over the Cenral farm reform laws has already crossed an estimated Rs 1,200 crore as protests on train tracks continued at 32 places across the state, the national transporter said today.

Railway Board Chairperson VK Yadav on Wednesday said the decision of the Railways to bring in private entities to run 151 passenger trains will not result in any job losses but will increase employment opportunities, bring in new technology and also enable the national transporter to provide trains on demand.

Mumbai collapsed to a 10-wicket loss to Railways on Friday in an early season shock at the ongoing third round of the Ranji Trophy.

A foot overbridge near Mumbai's landmark Chhatrapati Shivaji Maharaj Terminus railway station collapsed on Thursday evening, killing six people and injuring 33. The overbridge was under repair but it was still in use. The collapse took place around 7.30 pm -- the busiest hours of the evening, when footfall was at its highest. The Railway Ministry h...

Linen and other items worth Rs. 2.5 crore were stolen by passengers in trains run by the Western Railway in the last fiscal, an official said on Thursday.

However, if the loss of confirmed ticket is reported after preparation of the reservation chart, a duplicate ticket can be issued on collection of 50 per cent of the fare.

He stated that he had no other choice but to hire an interstate taxi from Kanpur to Jhansi to avoid missing his connecting train.

Since 2019, the Railways has suffered a loss of more than Rs 55 lakh due to damage caused by stone pelting on Vande Bharat trains, Union Minister Ashwini Vaishnaw informed Parliament on Wednesday.

Union minister Raosaheb Danve on Sunday said the Railways has suffered losses to the tune of Rs 36,000 crore during the coronavirus pandemic, and termed goods trains as the real revenue generators for the national transporter.

IRCTC Q1 Results: IRCTC announced its April-June quarter results for the financial year 2021-22, reporting a net profit of Rs 82.52 crore, compared to a net loss of Rs 24.60 crore in the year-ago period

The Railways' revenue shortfall in the last three years has been primarily due to a drop in originating passengers, less loading, "very low" growth in other coaching revenue and the coronavirus pandemic, Union Railway Minister Piyush Goyal said on Wednesday.

The committee has also suggested that the railways should strengthen their planning, management and monetary mechanisms substantial non-fare revenues

The Indian Railways has suffered losses of around Rs 2,400 crore due to the ongoing farmers' protests against the farm laws at various places in Punjab, said Northern Railway General Manager Ashutosh Gangal.

The Railways said it has suffered a loss of Rs 2,220 crore, including Rs 67 crore in passenger revenue, due to the ongoing protest by farmers against the Central farm reform laws.

The railways has suffered a loss of Rs 1,670 crore in freight earnings alone due to the farmers' agitation in Punjab that have continued for over 50 days now, resulting in the cancellation of 1,986 passenger services and 3,090 goods trains to the region, sources said on Monday.

The loss suffered by the Railways due to the agitation in Punjab over the Cenral farm reform laws has already crossed an estimated Rs 1,200 crore as protests on train tracks continued at 32 places across the state, the national transporter said today.

Railway Board Chairperson VK Yadav on Wednesday said the decision of the Railways to bring in private entities to run 151 passenger trains will not result in any job losses but will increase employment opportunities, bring in new technology and also enable the national transporter to provide trains on demand.

Mumbai collapsed to a 10-wicket loss to Railways on Friday in an early season shock at the ongoing third round of the Ranji Trophy.

A foot overbridge near Mumbai's landmark Chhatrapati Shivaji Maharaj Terminus railway station collapsed on Thursday evening, killing six people and injuring 33. The overbridge was under repair but it was still in use. The collapse took place around 7.30 pm -- the busiest hours of the evening, when footfall was at its highest. The Railway Ministry h...

Linen and other items worth Rs. 2.5 crore were stolen by passengers in trains run by the Western Railway in the last fiscal, an official said on Thursday.

However, if the loss of confirmed ticket is reported after preparation of the reservation chart, a duplicate ticket can be issued on collection of 50 per cent of the fare.