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Automobile sales soar 10.7 per cent in June

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

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http://timesofindia.indiatimes.com/...another-36-countries/articleshow/53182994.cms

Soon, e-visa for another 36 countries

HIGHLIGHTS



    • The Union tourism ministry plans to extend online visas to 36 countries
    • According to sources, the proposal has been sent for approval to the ministry of home affairs
    • If accepted, 186 countries will now be able to access online visa to travel to India
Among the countries that have been shortlisted are: Iran, Egypt, Qatar, Bahrain, Saudi Arabia, Maldives, Italy, Nigeria, Turkey, Ethiopia, Kazakhstan and Morocco. The online visa scheme that was launched in November 2013 has been steadily expanded and has become a popular alternative for tourists.

More at:

http://timesofindia.indiatimes.com/...another-36-countries/articleshow/53182994.cms
 
Chinese corporation to bid for Rs 40,000 crore highway contract in India

http://economictimes.indiatimes.com...ay-contract-in-india/articleshow/53183652.cms

NEW DELHI: China Railway Construction Corporation, one of the largest construction companies in the world, has evinced interest in bidding for Rs 35,000-40,000 crore worth of highway contracts in India.

Top executives of the Chinese construction major held a meeting with National Highways Authority of India (NHAI) Chairman Raghav Chandra on Monday to discuss the proposal.

"They are keen on bidding for around 3,000-km highway contracts. They will be participating in hybrid annuity, build-operatetransfer (BOT) and engineering, procurement and construction (EPC) models," Chandra told ET.

This would be the single largest foreign investment in the country's roads sector if the Chinese company succeeds in fulfilling the criteria set by the government. The company could also bid for several expressway projects that are considered to be high traction in terms of return on investment.

The Chinese corporation builds 60% of highways and 80 per cent of railway tracks in China. India's road transport and highways ministry has set a construction target of 40 km per day, or 15,000 km for the current financial year.

The target to award highway contracts is 25,000 km. Construction of 15,000 km of highways would cost around Rs 1.5 lakh crore. However, the ministry has received only Rs 57,000 crore as budgetary support and is hopeful of getting Rs 10,000 crore more from the finance ministry.

A lot of foreign investors and construction companies have come forward to bid for road projects in recent months. Road transport and highways minister Nitin Gadkari is slated to meet several investment firms, including JP Morgan and Goldman Sachs, during his ongoing US trip.

The revival of investor interest in roads sector has been credited to 21 policy changes that the Narendra Modi-led government has introduced in recent months to make investments in the sector more attractive. The changes include relaxing the exit policy for investors and innovative payment methods in hybrid annuity and engineering, procurement and construction models.

Investor interest in the sector had weakened drastically after 2010 due to difficulties related to land acquisition and getting various approvals, besides public opposition to toll collection. Projects worth less than Rs 10,000 crore were awarded in FY15.

In the previous year, the value of projects awarded to public-private partnerships (PPPs) was less than Rs 1,000 crore, as companies were unable to raise funds.

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@TaiShang @Chinese-Dragon @Chinese Bamboo @Dungeness @Kiss_of_the_Dragon @greenwood @Genesis

40,000 crore = about 6 billion USD.

Would like to see more Sino-Indian cooperation and investment!
 
Boeing, Airbus duel for $12 billion order from SpiceJet
Boeing and Airbus are locked in a battle to supply SpiceJet with as many as 100 planes, and both are offering aggressive discounts

http://www.livemint.com/Companies/H...-duel-for-12-billion-order-from-SpiceJet.html

Boeing, Airbus duel for $12 billion order from SpiceJet

Boeing and Airbus are locked in a battle to supply SpiceJet with as many as 100 planes, and both are offering aggressive discounts

At least eight budget carriers dot the skies of India, where air travel grew more than 20% last year, according to the International Air Transport Association. Photo: Pradeep Gaur/Mint


New Delhi/Farnborough: Two years ago, SpiceJet Ltd was fighting for survival as creditors retreated and oil companies refused to refuel its airliners. Today, the world’s biggest planemakers are wooing the recovering Indian budget carrier for a potential blockbuster order worth about $12 billion.

Boeing Co. and Airbus Group SE are locked in a battle to supply SpiceJet with as many as 100 planes, and both are offering aggressive discounts in negotiations that have intensified in the past few months, according to people with direct knowledge of the talks, who asked not to be identified as the discussions are private.

A win would be key for Boeing, with the US manufacturer lagging behind its European rival in India’s burgeoning budget-airline market, one of the key sources of industry growth globally. Segment leader IndiGo and the local units of Singapore Airlines Ltd and AirAsia Bhd, which fly only Airbus jets, have squeezed Boeing’s prospects in a market where air travel is growing at a pace faster than in China or the US.

“Losing SpiceJet would be a big blow to Boeing,” said Amber Dubey, a New Delhi-based consultant heading aerospace at KPMG. SpiceJet chairman Ajay Singh “knows this and hence is perhaps having interesting conversations with both.”

Ramping up

The Indian discount airline needs to ramp up its 43-plane fleet quickly to pose a meaningful threat to IndiGo, which controls 38.5% of the market and flies 108 aircraft. IndiGo’s owner, InterGlobe Aviation Ltd, has placed orders for 430 Airbus A320neo planes, with a target to build a 1,000-jet fleet eventually.

A SpiceJet spokesman confirmed that Singh is attending this week’s Farnborough Air Show in the UK, but declined to say whether an order announcement is imminent. Boeing said in an email that it will continue to work with SpiceJet to deliver its fleet needs.

“Airbus enjoys 70 percent market share in India and most Indian carriers are growing their business with us,” said Airbus spokesman Justin Dubon. “We’d be delighted to help SpiceJet too.”

Bombardier Inc., which is enjoying a revival with its C Series narrow-body jet starting service and winning a benchmark deal with Delta Air Lines Inc., is in a separate race for more than 50 smaller planes that SpiceJet is buying. The Canadian aircraft producer will be competing against Brazil’s Embraer SA and the Avions de Transport Regional, or ATR, joint venture of Airbus and Italy’s Leonardo-Finmeccanica SpA.

At least eight budget carriers dot the skies of India, where air travel grew more than 20% last year, according to the International Air Transport Association. In comparison, passenger traffic in China rose about 10% and less than 5% in the US, IATA said in December.

India also poses risks, with some carriers failing due to fuel taxes, tariffs and low fares. As many as 17 airlines in India have shut down in the past two decades, while accumulated losses of operating airlines have reachedRs.60,000 crore, according to a research paper published in June by consulting company KPMG and the Associated Chambers of Commerce of India.

Profit dip

Liquor baron Vijay Mallya’s Kingfisher Airlines Ltd was the most recent carrier to stop flying in 2012 after defaulting on payments to banks, vendors, airports and staff. SpiceJet was almost about to go down that path in December 2014, when it grounded the fleet for a day after oil companies refused to fuel its planes on credit, before retrenching and bouncing back.

A boom in Asian air travel may provide the bright spot that the planemakers are looking for as last month’s so-called Brexit referendum for the UK to leave the European Union adds to uncertainty clouding the global economy while low fuel prices sap demand for new, more efficient jets. On Monday, the first day of the Farnborough expo, Asian airlines were set to give the biggest boost to both Boeing and Airbus.

China’s Xiamen Airlines signed an agreement to buy 30 Boeing 737 Max 200 planes valued at $3.39 billion at list price. India’s Go Airlines India Pvt. is in talks with Airbus to purchase approximately 70 more A320neos worth $7.5 billion, adding to the 72 ordered two years ago, people familiar with the matter said.

The Indian market can absorb as many as 60 narrow-body aircraft a year, said KPMG’s Dubey, adding that Prime Minister Narendra Modi’s push for regional connectivity will help expand the flier base “significantly.”

“Looking at the delivery schedule of existing orders, there’s clearly space for more,” Dubey said. Bloomberg
 
Indian economy can have 25% share of manufacturing by 2025: Report

NEW DELHI: India is expected to increase the share of manufacturing in the overall economy to 25 per cent by 2025 from the current 16 per cent on account of various measures taken by the government, Dun & Bradstreet said today.

The various steps taken by the government in terms of measures for ease of doing business, creation of conducive environment for the manufacturing activities, focus on improving industrial policies and FDI enhancement would aid in reviving the manufacturing sector and achieving global competitiveness, it said in a statement.

"We expect India to realise the target of 25 per cent share of manufacturing in overall economy at best by 2025. Going forward, changing economics of production and distribution and frequent shifts in consumer demand will require manufacturers to adopt new process and make new products," Arun Singh, Lead Economist, Dun & Bradstreet India, said.

Indian manufacturing companies will have to adapt and increase their focus on developing advanced manufacturing capabilities if they wish to stay competitive at the higher ends of the value chain, he added.

Singh also said that consumption as well as investment demand is likely to remain healthy, support overall growth momentum and push India's nominal GDP to reach USD 6.4 trillion by FY 2025 with real Gross Value Added expected to grow at an average rate of 7.9 per cent till FY 2025.

The manufacturing sector is expected to be the major driver of growth in the coming decade, he said.

http://economictimes.indiatimes.com...uring-by-2025-report/articleshow/53181433.cms
 
June exports rise by 1.27%, end 18-month downward spiral
India’s merchandise exports rose in June after eighteen straight months of decline.

Exports rose by 1.27%, to $22.57 billion in June, against $22.28 billion in June 2015, government data showed on Friday.

Exports had last recorded growth in November, 2014 rising 7.27% year-on-year.
Besides a global slowdown, the severe fall is attributed to global factors like a decline in commodity prices and sluggishness in the Chinese economy, among others. As compared to this, during the 2008-09 global financial meltdown, the decline was for nine months in a row.

Lat month, exports had contracted by 0.79%, to $22.17 billion, the rate of fall steadily decreasing for the last six months barring April, when it spiked to 6.74%.


Cumulative exports for the 2016-2017 financial year (April-June) stood at $65.31 billion as compared to $ 66.69 billion for the comparable period in the last financial year.

Commerce and Industry minister Nirmala Sitharaman had recently said that she believed exports have reached their lowest possible levels and would start growing soon.

Imports, however, declined by 7.33 % to $30.66 billion in June as compared to the year ago period, when it was $33.11 billion. Cumulative imports in the current financial year reached $84.54 billion as compared to $ 98.91 billion in the previous year. Trade deficit narrowed to $8.11 billion in June as compared to $10.82 billion a year ago.

Total exports had stood at $261 billion in the last financial year. This was a 15.85% decline from the over $310 billion worth of trade conducted by the country in the previous financial year. While the government had targeted $300 billion of exports, the figure had to be revised downwards to $260-270 billion after merchandise trade remained negative throughout the last financial year.


http://www.business-standard.com/ar...-18-month-downward-spiral-116071500967_1.html
 
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I intend to start a dedicated thread for discussing news , Developments , proposals , problems, expectations , promises ...... everything related to Indian Railways. There's a lot happening everyday , and its an attempt to collect all that in a single thread.

I will try to keep it updated , @anant_s your help appreciated.

Railways Unite us From North
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To South

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New Unreserved Coaches , Deen Dayalu Coach Revealed.
Aquaguard among other facilities in Deen Dayalu Coach. First in Indian Railways.

गरीबों का दीनदयालु कोच 'अमीरी' सुविधाओं से लैस है। अनारक्षित श्रेणी की इस कोच में बॉयोटॉयलेट और डस्टबिन के साथ पानी पीने के लिए एक्वागार्ड भी लगा है, जो अभी तक किसी भी श्रेणी के कोच में नहीं है। इस कोच की एक बड़ी खासियत यह भी है कि दिव्यांगों की सुविधाओं को ध्यान में रखते हुए आपातकालीन द्वार से लेकर सीट तक में ब्रेल लिपि का उपयोग किया गया है, ताकि आँखों से देखने में अक्षम यात्री ब्रेल लिपि से पढ़कर जानकारी हासिल कर सकें।

इस कोच को राजधानी, शताब्दी और दुरंतो को छोड़ कर सभी मेल/एक्सप्रेस कोच में लगाया जाएगा। ताकि अनारक्षित श्रेणी के टिकट पर सफर करने वाले यात्रियों को परेशानी न हो। इसके अलावा भी कोच में कई खासियत हैं। रेलमंत्री सुरेश प्रभु ने नई दिल्ली रेलवे स्टेशन पर इस कोच का निरीक्षण किया।

गद्देदार सीट
बजट में घोषणा के बाद तैयार किए जा रहे दीनदयालु कोच में सीट गद्देदार हैं। पीयूएफ फोम से बैठने की सीट को कवर किया गया है। ताकि यात्री आराम से सफर कर सके। ख़ास बात यह भी है कि ऊपर की सीट को भी गद्देदार बनाया गया है। अभी तक ये सीटें तख़्त की होती थी। क्योंकि इस पर सामान रखे जाते थे। लेकिन देखा गया कि लोग उस पर भी बैठकर सफर करने को मजबूर हैं। इसलिए रेल मंत्री ने इस सीट को भी गद्देदार बनाने का आदेश दिया।

टॉयलेट भी अलग तरह के
नये डिजाइन के कोच में विशेषतौर पर टॉयलेट इंडिकेटर भी लगे हैं। इसका फायदा यह होगा कि शौचालय का इस्तेमाल कोई कर रहा होगा तो इंडिकेटर से यात्री अपने सीट पर बैठे-बैठे पता कर सकेगा कि शौचालय खाली है या भरा हुआ है। सभी बायो टॉयलेट हैं।

एक्वागार्ड लगा कोच
इस कोच में दो एक्वागार्ड लगे हैं। इससे लोगों को पीने के पानी के लिए स्टेशनों पर उतर कर पानी नहीं भरना होगा। साथ ही शुद्ध और साफ़ पानी भी मिलेगा।

कोच की अन्य खासियत
नये बनने वाले कोच की अन्य खासियत में बॉयो टॉयलेट, गेट के समीप खड़े होने के लिए हैंडल, पीने के पानी के लिए आरओ, मोबाइल व लैपटॉप चार्ज करने के लिए ज्यादा से ज्यादा प्वाइंट लगे हैं। इस कोच में जे-हुक लगे हैं, ताकि लंबवत सामान को भी आसानी से उसपर टांगा जा सके। शौचालय का फ्लोर पोलिमराइज्ड कोटिंग वाला है।

इन कोच फैक्ट्री तैयार हो रहे हैं
रेलवे मंत्रालय ने नये डिजाइन के कोच तैयार करने का रेलवे बोर्ड से स्वीकृत डिजाइन को कपूरथला, चेन्नई, रायबरेली कोच फैक्ट्री के महाप्रबंधकों को सूचित कर दिया है। एक कोच अभी तैयार हुआ है और भी कोच तैयार किए जा रहे हैं।

http://hindi.eenaduindia.com/State/...-dayalu-Coach-for-Second-Class-passengers.vpf

Features of Deen Dayalu Coach.

 
Sharing something, i posted on FB just a while back.

The French Connection
Long before French Engineering Giant Alstom, signed an agreement to provide its behemoth Prima 2, 8 axle locos for heavy haul DFC lines, India had another sweet memory associated with France.
After Independence, IR wisely chose to electrify its heavy traffic lines and was operating legacy 1500 Volt DC lines in Bombay and Madras (both then) regions, primarily for Sub urban short distance EMU trains.
For Calcutta, idea of using 3000 V DC was thought as best course of action, but around that time, India commissioned a study by French Railway (SNCF), 5 member team led by F Nouvion.
It presented what was one of the most comprehensive report working down to last penny, cost of owning a 25 kV, 50 Hz OHE network.
the study included for Calcutta Gomoh and Igatpuri Bhusawal Sections.
It predicted the benefits of AC traction and also foresaw, how it would be one day possible for end to end electric traction between Calcutta and Madras and Mumbai and Delhi. Well they were right :-)
The first loco BB/M1 (French 4 axle, monomotor design) under AC wires, later classified as WAG 1, ran in 1959, with a French substation at Kendposi.
From there, things changed forever. & Don't we love it.:toast_sign:
Thanks SNCF!!

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India Later honored the prolific engineer from France by naming one of their freight locomotive (WAG 5 class) as NOUVION.
wag5a_23101_nouvion_clw_1100.jpg

@gslv mk3 @Ryuzaki @Vergennes @Abingdonboy @Roybot @jbgt90 @PARIKRAMA @Taygibay
 
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This one thing is very important. Clean drinking water , even when travelling in 3AC , my mothers concern about me is if I am carrying ample drinking water from home.
Free WIFI.... 4th most important thing after food/water, clothes and shelter.


Note this information , very useful , travelling anywhere on railways , and upset about cleanliness , do as stated.

 
@Ankit Kumar 002
A very good initiative and a solid one..
Indian Railways is serving a large percentage of population and has seen ups and downs.. The times and technology based changes sometimes occur sometimes are delayed.

I was wishing for such a thread for some time and was about to talk with my very good friend and brother @anant_s who has a plethora of information in this topic.

@anant_s : Sir, with this thread you can combine all such news at one place.

@WAJsal : Please look for this thread and perhaps make this thread sticky instead of Indian budget thread. This is one topic which will have much better information/news and when we have good folks like anant and ankit and others updating it regularly, it makes sense as well

Side Note
Anant/ankit
can you also provide the links of all other railway threads in one of your posts. That way we can have at least the links for quicker access.

The Talgo thread for example to other threads by anant were a gem.. so it would make perfect sense to at least have thread links in one of the posts

Ankit- Pls put a Indian Railways photograph and emblem at the top of the post #1 as that will put a perspective of what we are accumulating here.

Tagging folks

@Abingdonboy @Taygibay @Picdelamirand-oil @Vergennes @randomradio @MilSpec @Koovie @Echo_419 @Dash @hellfire @ito @SR-91 @AMCA @DesiGuy1403 @ranjeet @hellfire @fsayed @SpArK @AUSTERLITZ @nair @proud_indian @Roybot @jbgt90 @Sergi @Water Car Engineer @dadeechi @kurup @Rain Man @kaykay @Joe Shearer @Tshering22 @Dandpatta @danger007 @Didact @Soumitra @SrNair
@TejasMk3@jbgt90 @ranjeet @4GTejasBVR @The_Showstopper @guest11 @egodoc222 @Nilgiri @SarthakGanguly @Omega007 @GURU DUTT @HariPrasad @JanjaWeed @litefire @AMCA @Perpendicular @Spectre@litefire @AMCA @Perpendicular@Ryuzaki @CorporateAffairs @GR!FF!N @migflug @Levina[/QUOTE]

Sirs and Mam's -
Pls contribute all about Indian Railways in this thread...
Its a big topic and will require all of your combined contribution.
 

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