Modern Rail Network India

India's vast rail network is undergoing a $30 billion transformation with gleaming new trains and modern stations but Friday's deadly train accident shows more attention should be paid to safety, industry analysts said.

Without tinkering with passenger fares, Railway Minister Suresh Prabhu presented his maiden budget for Indian Railways in the Lok Sabha today, promising to balance passenger needs and long-term interests of the organisation and benchmark it globally on quality, safety and reach.

Prime Minister Narendra Modi's new government on Tuesday presented its first railway budget, promising to seek increased foreign and domestic private investment to fund modernization of the country's huge but badly stretched network. The state-owned railway has suffered from years of low investment and populist policies to subsidise fares. These...

India's vast rail network is undergoing a $30 billion transformation with gleaming new trains and modern stations but Friday's deadly train accident shows more attention should be paid to safety, industry analysts said.

Without tinkering with passenger fares, Railway Minister Suresh Prabhu presented his maiden budget for Indian Railways in the Lok Sabha today, promising to balance passenger needs and long-term interests of the organisation and benchmark it globally on quality, safety and reach.

Prime Minister Narendra Modi's new government on Tuesday presented its first railway budget, promising to seek increased foreign and domestic private investment to fund modernization of the country's huge but badly stretched network. The state-owned railway has suffered from years of low investment and populist policies to subsidise fares. These...