Railways to buy high-speed locomotives from foreign suppliers
The Dollar Business Bureau The government is currently working on a plan to upgrade Indian railways, as the Ministry of Railways has announced Rs.500 crore investment to purchase high-speed locomotive and technology from global high-speed train manufacturers and suppliers. In the first phase, the government will float a global tender to acquire ten high-speed electric locomotive trains with a capacity to run at 200 kmph and beyond. The Delhi-Mumbai and Delhi-Kolkata rail corridors will be upgraded first, making them suitable for clocking 200 kmph speed. At present, Shatabdi, Rajdhani and Duronto trains run at a maximum speed of 130 kmph on Delhi-Kolkata track. Only one high-speed train, Gatimaan Express, is running at 160 kmph on the Delhi to Agra route. The successful bidder will take responsibility of ...
Customs duty exemption withdrawn on imported, life-saving drugs. What next?
Will the withdrawl of customs tariff exemption result in increase in prices of 76 life-saving drugs? While the government says there are cheaper domestic drugs available, many social groups foresee a high double-digit percentage rise in cost of drugs owing to lack of supply from Indian manufacturers. The debate is on... Source: PTI; The Dollar Business Bureau A notification issued by Central Board of Excise and Customs last week had withdrawn the customs duty exemption on the import of 76 drugs Defending the move to end the customs duty exemption for import of 76 life-saving drugs including those for treating cancer, AIDS and haemophilia, government has said Indian manufacturers are already selling most of these drugs at cheaper prices. It also claimed there ...
Railways to export 120 LHB coaches to Bangladesh
The manufacturing of stainless steel LHB broad gauge coaches for Bangladesh Railways is in progress at the Rail Coach Factory in Kapurthala Source: PTI Earlier, RCF Kapurthala has exported coaches to South East Asian and African countries which have Metre Gauge rail networks Railways will export 120 modern LHB coaches to Bangladesh at an estimated cost of Rs.367 crore, with the first consignment of 40 set to be dispatched in March. This is the biggest-ever consignment of Linke Hofmann Busch (LHB) coaches to be exported by the Railways, said a senior Railway Ministry official. The export order of 120 LHB coaches include 17 AC first class, 17 AC chair car, 34 non-AC chair car with pantry, 33 Non-AC chair car with prayer room and ...
