Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
On a cumulative basis from April 2023 - Jan 2024, a freight loading of 1,297.38 MT was achieved against last year’s loading of 1,243.46 MT, an improvement of approximately 53.92 MT over last year’s loading for the same period. Railways has earned ₹1,40,623.4 crore against ₹1,35,388.1 crore over the last year which is an improvement of approx ₹5,235.30 crore, as compared to the same period of the last year.
During January 2024, originating freight loading of 142.70 MT has been achieved against loading of 134.07 MT in January 23, which is an improvement of approx 6.43% over the last year. Freight revenue of ₹15,514.82 crores has been achieved in January 2024 against ₹14,908.82 crore freight earnings in January 2023, thereby showing an improvement of about 4.06 % over the last year.
IR achieved loading of 71.45 MT in Coal, 17.01 MT in Iron Ore, 6.07 MT in Pig Iron and Finished Steel, 7.89 MT in Cement (Excl. Clinker), 5.52 MT in Clinker, 4.53 MT in Foodgrains, 5.27 MT in Fertilizers, 4.31 MT in Mineral Oil, 6.98MT in Containers and 10.20MT in Balance Other Goods during January, 2024.
Following the Mantra, “Hungry For Cargo”, IR has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices. The customer-centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this significant achievement.
Also Read : Gujarat and DP World Sign Agreements To Strengthen Logistics In The State Railways eye faster cargo movement with 200 new Gati Shakti Terminals, worth ₹14,000 cr
New Delhi– India and New Zealand have resumed negotiations on a Free Trade Agreement (FTA) aft...
Business 17-Mar-2025
Steel Authority of India Powers Iconic J&K Rail Bridges The Steel Authority of India Limited (S...
Large Corporate 09-Jun-2025
Vedanta's aluminium production climbed 6% to 5,99,000 tonnes in the third quarter of FY24. The compa...
Non-Ferrous 11-Jan-2024
Prime Minister Narendra Modi will officially open two large-scale infrastructure projects in Jharkha...
Construction 01-Mar-2024
The visit of India’s trade minister to the US comes at a crucial time as the possibility of ne...
Announcement 03-Mar-2025
September futures on iron ore, the largest traded commodity on the Dalian Commodity Exchange, have r...
Ferrous 15-May-2024