Railways has earned Rs 1059.05 billion from freight loading till Nov'22

05 Dec 2022 CW Team

In mission mode, Indian Railways' freight loading and earnings for the first eight months of this fiscal year 2022–23 exceeded those for the same period the previous year.

On a cumulative basis from April to November 22, 978.72 MT of freight were loaded as opposed to 903.16 MT during the same time the previous year, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1059.05 billion as opposed to Rs 911.27 billion, a 16% increase.

Originating freight loading reached 123.9 MT on November 22 as opposed to 116.96 MT on November 21. This represents an improvement of 5% from the previous year. In comparison to the Rs 122.06 billion in freight earnings on October 21, Rs 135.60 billion in freight revenue was realised, representing an improvement of 11% from the previous year.

Following the mantra "Hungry For Cargo," IR has consistently worked to make it easier to do business and to supply services at affordable costs, which has led to an increase in both traditional and non-traditional commodities streams using railways. Railways was able to achieve this historic feat because to the business development units' customer-centric strategy and hard effort, which was supported by agile policies.

Also read:
Fiscal viability no longer sole criterion for rail projects
KYeshwantpur Railway Station upgradation to start

Real Estate

06 Apr 2026

MAIA Estates Launches ‘The Seven’ in South Bengaluru

MAIA Estates has recently announced the launch of ‘The Seven’, a premium residential development in Basavanagudi, South Bengaluru. The project comprises twin towers across a 3.67-acre site, offering 128 exclusive 4 BHK+ residences spread over 36 storeys, with a total saleable area of around 6,00,000 sq ft. Completion is targeted by 2029.Developed under a joint development agreement, the project is backed by Rs 1.2 billion in institutional funding from Arnya Real Estate Fund – Debt. The launch marks the company’s entry into South Bengaluru, a micro-market characterised by limited premiu..

Hindustan Zinc Reports Record FY26 Production

Hindustan Zinc Limited recently reported its production performance for the fourth quarter and financial year ended March 31, 2026, recording its highest-ever output across key segments.Mined metal production reached a record 315 kt in 4QFY26 and 1,114 kt for FY26, supported by higher ore output and improved grades. Refined metal output stood at 282 kt for the quarter, driven by capacity enhancements at Chanderiya and Dariba, alongside improved operational efficiency.Refined zinc production rose to 851 kt in FY26, up 3 per cent year-on-year, supported by debottlenecking projects and expanded r..

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..