Railway records local loading of 728 Mn tons in 2023-24

15 Jul 2024 CW Team

According to figures released by the Ministry of Railways, Indian Railways recorded a significant increase in its coal loading during the financial year 2023-24, reaching a record 787.58 million tons from the previous year's figure of 727.98 million tons in 2022-23. The ministry also reported that the revenue generated in FY 2023-24 was Rs 86.838 billion. It was further stated that the growth in Indian Railways continued into the current financial year, with a total freight loading of 135.46 million tons in June this year, marking a robust 10.07% increase over the corresponding figure of 123.06 million tonnes in the same month last year. The ministry also indicated that domestic coal contributed 60.27 million tonnes to this total freight, while imported coal accounted for 8.82 million tonnes. According to a ministry statement, Indian Railways had recorded a noteworthy growth in track renewal, with a 13.8% increase in FY 2023-24 compared to the previous year, which has contributed to enhanced efficiency and safety. It was noted that in FY 2022-2023, the railways renewed 5,227 track kilometres (TKM), whereas in FY 2023-2024, the figure rose to 5950 track TKM.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..