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As On 13-Jul-2018
SENSEX
36,541.63
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11,018.90
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  • Two new elevated corridors planned for Mumbai suburban train

    Ring Railway System in Delhi to be Reviewed, Suburban Systems to be developed in Bengaluru and Thiruvananthapuram

    The Minister of Railways Suresh Prabhu while presenting Railway Budget 2016-17 in Parliament said that two new corridors for Mumbai suburban train viz. Churchgate- Virar and CSTM – Panvel has been planned. The two corridors will be elevated and will greatly help in reducing the congestion of the Suburban trains. The CSTM – Panvel corridor will be integrated with metro lines for connecting Chhatrapati Shivaji International Airport and proposed Navi Mumbai International Airport. all low level platforms in Mumbai suburban stations in the ensuing financial year to address safety concerns.

    Suresh Prabhu also said that ongoing Metro works in Kolkata of around 100 kms which when completed would quadruple the installed capacity. He was happy to announce that Phase I of East West corridor of Kolkata Metro would be completed by June 2018.

    Suresh Prabhu proposed to review the Ring Railway system in Delhi, comprising 21 stations in partnership with the State Government. He suggested a new investment framework in which Indian Railways would share equity contribution with the State Governments to ensure cost neutrality on operations.

    Suresh Prabhu proposed to develop suburban systems of Ahmedabad, Hyderabad and Chennai by deploying innovative financing mechanisms. He said that Bengaluru and Thiruvananthapuram warrants a comprehensive suburban system. He appealed to the State Governments to work towards staggering of office timings to reduce peak load on suburban traffic.

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Flash News 13-Jul-2018
  •  ( 17:17) Infosys announces 1:1 bonus issue  
  •  ( 16:42) Sensex, Nifty settle with small losses   
  •  ( 11:01) Cyient Q1 consol. PAT down 32.67% at Rs 81.60 cr  
  •  ( 10:34) L&T Construction wins orders valued Rs 3000 crore  
  •  ( 09:40) Sensex scales record high  
  •  ( 08:43) China's trade surplus narrows in first half  
  •  ( 08:11) Allahabad Bank to sell non-core assets  
  •  ( 08:10) Vakrangee partners with Reliance Mutual Fund  
  •  ( 08:09) HCL Tech board clears Rs 4000 crore share buyback  
  •  ( 07:55) Nasdaq Composite finishes at record high  
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13 July 2018 00:00
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