Freight earnings surge by Rs 14.81 billion in June 2024

04 Jul 2024 CW Team

The Railways saw a notable increase in freight earnings in June 2024, earning Rs 147.98 billion compared to Rs 133.16 billion in June 2023, marking an improvement of approximately 11.12%. According to the Railway Board, originating freight loading reached 135.46 MT in June 2024, up from 123.06 MT in June 2023, reflecting a 10.07% increase.

The growth was driven by diverse cargo, including 60.27 MT of coal, 8.82 MT of imported coal, 15.07 MT of iron ore, 5.36 MT of pig iron and finished steel, 7.56 MT of cement, 5.28 MT of clinker, 4.21 MT of foodgrain, 5.30 MT of fertiliser, 4.18 MT of mineral oil, 6.97 MT of containers, and 10.06 MT of other goods.

The ministry attributed this success to its "Hungry For Cargo" mantra, emphasising a customer-centric approach, improved ease of doing business, and competitive service delivery. Business development units and agile policy-making have played key roles in achieving this significant improvement in earnings and service delivery.

(Source:ET)

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..