• Railway freight revenue goes up by 21.30%.

Publication: Economic Times, New Delhi
Date: August 20, 2008
Synopsis: Railways have generated Rs 17,442.11 crores of revenue earnings from freight traffic during April-July 2008 as compared to Rs 14,379.02 crores during the corresponding period last year, registering an increase of 21.30 per cent.
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• Southern Railways passenger volume up 12%, earnings 16%.

Publication: Hindu Business Line, Chennai
Date: August 09, 2008
Synopsis: Attribute it to the rising air fares or the increase in petrol and diesel prices, Southern Railway is seeing a healthy growth in passenger traffic and earnings, both on the long-distance trains and the suburban railway system in Chennai.
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• Railways total earnings rise 21% in April-July.

Publication: Hindu Business Line, New Delhi
Date: August 09, 2008
Synopsis: The Indian Railways registered a 21 per cent growth year-on-year in its total earnings for the April 1-July 31 period with the revenues touching Rs 26,397.04 crore.
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• Hyderabad to get 71 km Metro 'Free of Cost'.

Publication: Business Standard, New Delhi
Date: August 08, 2008
Synopsis: Delhi’s 65-km metro cost the state and central governments Rs 10,500 crore. In comparison, Hyderabad is about to get a 71-km metro without the central or state government paying a rupee. Instead, the Andhra Pradesh government will receive Rs 1,240 crore (calculated at present value) by simply giving the concession to a private consortium.

• Railways makes proposal for Rs. 2.51 lakh crore.

Publication:Economic Times, Tamil Nadu
Date: June 08, 2008
Synopsis: The Railways has made a proposal for Rs 2.51 lakh crore to the 11th Five-Year Plan for carrying out various projects in the country, Minister of State for Railways R Velu said. Of this, Rs 65,000 crore for projects have been allotted to Tamil Nadu," Velu said after inaugurating a Road-Over- Bridge (ROB).
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• Railways to invite bids for developing vacant land.

Publication:Economic Times, New Delhi
Date: April 24, 2008
Synopsis: Indian Railways plans to invite bids from real estate developers to set up commercial complexes on its vacant land, as part of efforts to increase revenue.
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• Indian Railways may sign MoU with Russian and Iranian counterparts.

Publication: Hindu Business Line, New Delhi
Date: April 24, 2008
Synopsis: Indian Railways may sign an MoU with its Russian and Iranian counterparts this May in Seoul, where the International Union of Railways (UIC) would have its next meeting.
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• Rlys invites global bids for setting up high speed rail corridors.

Publication: Business Standard, Kolkata
Date: March 21, 2008
Synopsis: Indian Railways have taken the initial step towards exploring the idea of setting up High Speed Rail Corridors (HSRC) for passenger trains in India.
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• Train to airport put on fast track.

Publication: Deccan Herald, Bengaluru
Date: March 18, 2008
Synopsis: The proposed high speed train to the Bengaluru International Airport will be implemented under the Build, Operate and Transfer (BOT) model with private participation.
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• Railways may seek Chinese help in developing stations.

Publication: Economic Times, New Delhi
Date: March 13, 2008
Synopsis: Railways may seek Chinese help in developing railway stations at Bhubaneswar and Bypanahalli in Bangalore. The two countries' cooperation in rail sector is envisaged in the MoU signed on January 14.
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• Foreign firms eye biz from track flaws of Indian Railways.

Publication: Hindu Business Line, New Delhi
Date: March 13, 2008
Synopsis: A slew of foreign companies such as Australian firm Rail Training International (RTI), US-based Sperry Rail and Chinese firm Xintao Electronics are eyeing the Indian market with the latest equipment in the specialised space of rail flaw detection.
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• Govt seeks $500-m ADB loan for railways expansion.

Publication: Hindu Business Line, New Delhi
Date: February 07, 2008
Synopsis: Government has sought a $500-million loan from Asian Development Bank (ADB) for part financing $800 million railway expansion project. The investment programme will include plans to double the existing rail tracks in cities on critical routes traversing Maharashtra, Karnataka, Andhra Pradesh, Orissa, and Chhattisgarh, and to enhance the capacity and efficiency of the Indian Railways.
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• Commodity-specific freight corridors likely to appear in Rail Budget.

Publication: Economic Times, New Delhi
Date: January 22, 2008
Synopsis: Railways minister Lalu Prasad may give a major freight push in this year’s Rail Budget. After getting the dream freight corridor project cleared by the Cabinet, Mr. Prasad is likely to announce special commodity-specific freight corridors in his Budget. The new corridors are proposed to act not only as feeders to the main freight corridor but would also supplement high revenue earnings routes with a dedicated service.

• Eastern railway submits proposal for upgrading facilities.

Publication: Hindu Business Line, Kolkata
Date: January 03, 2008
Synopsis: Eastern Railway (ER) has submitted a Rs 25-crore scheme to the Railway Board for approval. The scheme presupposes up gradation of facilities such as construction of new railway lines, creation of additional facilities for carriage and wagon examination, new crew base and housing at Pakur loading point under the ER’s Howrah Division.
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• Positive response from states to high-speed trains proposal.

Publication: Hindu Business Line, Coimbatore
Date: January 03, 2008
Synopsis: The Ministry of Railways has received positive responses from a number of State governments for the introduction of high-speed trains and a pre-feasibility survey will be made to determine their potential, according to the Union Minister of State for Railways Mr. R. Velu.
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