BULLET TRAIN COST RS 2 1 LAKH CRORE
Vande Bharat and Gatimaan Express trains connecting Delhi and Agra set for speed upgrade as Kavach installation is completed; services to return to 160 kmph from current 130 kmph after successful safety trials
Vande Bharat recent news: Gatimaan Express and Vande Bharat services are expected to return to their original speeds of 160 kmph. This enhancement follows the successful installation of the Kavach Automatic Train Protection system on the Delhi-Agra route. Currently, eight trains operate at a reduced speed of 130 kmph due to safety regulations. Safety trials are currently being conducted to ensure the system's effectiveness before the speed increase.
Stocks in news: Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance
Indian markets are set to resume trading after the Diwali holiday, with investors tracking key stocks such as Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance amid Q2 earnings and corporate developments. Nifty faces immediate resistance at 25,150–25,200.
UPI volume, value post strong growth during Diwali as festive spending lights up digital payments
This year, November 6, which coincided with Dhanteras, recorded UPI transactions worth Rs 1.37 lakh crore, the second-highest daily transaction value on record. Dhanteras is traditionally considered as an auspicious day to make high-value purchases. Transaction volumes hit a record the following day, November 7, at 975.8 million.
European tech is coming to Bengaluru's suburban tracks: Rs 1,017 crore ETCS upgrade planned across two corridors
Bengaluru's suburban rail project will adopt the European Train Control System (ETCS) Level-2 for corridors 2 and 4, with the signalling infrastructure estimated to cost Rs 1,017 crore, excluding GST and customs duty. K-Ride has floated a tender for the system, replacing the earlier CBTC proposal. The Mallige and Kanaka lines are expected to have different installation timelines, while ICF will manufacture 51 three-coach trains for the project.
Rs 4 lakh investment built an Rs 7848 crore empire. How a Mumbai man, who once earned Rs 150 a month, built a flourishing diagnostic laboratory chain
The entrepreneurial path of Dr. Arokiaswamy Velumani shows how perseverance, vision, and ingenuity can help create a profitable business with little funding. He invested just Rs 4 lakh to start a small thyroid testing lab in 1996, with Rs 2 lakh coming from personal savings and another Rs 2 lakh taken out of his provident fund.
Airtel's premiumisation push comes at a cost as net subscriber additions fall 78%
Bharti Airtel's net mobile subscriber additions plunged 78% sequentially to 7.2 lakh in the September quarter after it discontinued its Rs 299 prepaid smartphone plan, pushing churn higher. However, stronger ARPU growth to Rs 271 helped offset slower additions, supporting revenue and operating profit growth.
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Nitin Gadkari says UP farmers will soon produce hydrogen from water that will run planes, cars and trains
Nitin Gadkari's hydrogen plan: Union Minister Nitin Gadkari says Uttar Pradesh farmers will soon produce hydrogen from water and agricultural waste that will power aircraft, cars and railway engines. He also highlighted ethanol production, alternative fuels and the state's potential to become an energy exporter from a net importer. The state was known as Bimaru state.
Dhanteras 2026 gold price calculator how much gold can you buy for Rs 50,000, Rs 1 lakh, Rs 2 lakh and Rs 5 lakh?
Dhanteras marks a significant occasion in India, where families traditionally embrace the practice of buying gold. Gold prices fluctuate based on purity, with 24k gold priced at Rs 14,102 per gram and 22k gold at Rs 13,764 per gram as of November 6, 2026. This allows families to select gold purchases that align with their budgets, while prices may differ across cities due to varying demand and making charges.
Passenger wins Rs 3,100 after taking IRCTC to court over just Re 1; Kerala man challenges train ticket refund shortfall; consumer court delivers verdict
A Kerala passenger won Rs 3,100 in compensation after taking IRCTC to the consumer commission over a Re 1 shortfall in a cancelled train ticket refund. The Kasaragod commission termed the shortfall a deficiency in service. Meanwhile, Indian Railways revised its confirmed ticket cancellation and refund rules in March 2026.
Paras Healthcare posts Rs 40 crore Q2 net profit in first results after listing
Paras Healthcare announced a profit after tax of Rs 40.35 crore in the September quarter. This performance shows a significant increase from the net profit of Rs 12.38 crore reported last year. Revenue from operations reached Rs 510.89 crore, with expenses at Rs 463.12 crore during the same period. The company utilized a portion of its IPO proceeds to strengthen its balance sheet.
Centre advances November tax devolution, releases Rs 1.09 lakh crore to states ahead of festive season
On November 5, 2026, the Centre released over Rs 1.09 lakh crore to state governments in advance. This release is typically done on November 10 each year, but it was advanced this time. The finance ministry stated that this advance supports states in boosting capital expenditures. The advance aims to assist states in financing their development and welfare-related projects.
Life Insurance Corp of India reports higher premium income in H1, net profit rises around 22%
Life Insurance Corporation of India reported a 21.52% increase in net profit for the first half of FY27. Total premium income rose by 11.64%, reaching Rs 2,74,269 crore during this period. Individual new business premium income increased by 14.86%, while renewal premium income grew by 4.68%. LIC sold approximately 70.97 lakh individual policies, reflecting a minor decrease from last year.
LIC Q2 Results: Profit jumps 20% YoY to Rs 12,115 crore, NPI grows 16%
LIC Q2 Results: Life Insurance Corporation of India (LIC), the country's largest insurer, reported a nearly 20% rise in consolidated net profit to Rs 12,114.78 crore for the September quarter on Thursday, supported by strong growth in premium income and higher investment earnings.
Moneyview net profit jumps to Rs 201 crore in Q2
The sharp rise in profit was partly due to a one-time cyber-incident loss of Rs 47.95 crore in Q2 FY26, when hackers exploited an API linked to banking partners to make unauthorised withdrawals of Rs 48.32 crore from subsidiary Whizdm Finance.
Lenskart Q2 net profit more than doubles to Rs 232 crore, revenue rises 36%
The company’s net profit rose 125% to Rs 232 crore, compared with Rs 103.45 crore in the year-ago period. Profit before tax more than doubled to Rs 304.48 crore from Rs 148 crore a year earlier. The company's total expenses increased 31.1% — slower than its revenue growth — to Rs 2,596.8 crore, helping drive the improvement in profitability.
ShareChat’s FY26 revenue jumps 40% to Rs 1,016 crore on microdrama push; net loss widens
However, its loss before tax widened to Rs 1,978 crore in FY26 from Rs 1,105 crore in the previous year, largely due to higher accounting expenses related to its convertible debt instruments, forex losses and employee stock ownership plans (ESOPs), cofounder and CFO Manohar Singh Charan told ET.
Pune Metro gets Pink Line as Modi lays foundation for four new corridors worth Rs 13,500 crore
Prime Minister Narendra Modi recently inaugurated Pune Metro's 23-km Line 3, enhancing connectivity in the city. The project, costing over Rs 8,300 crore, connects major employment areas for IT professionals and residents. Modi also laid the foundation for four new corridors under Phase II, aimed at expanding Metro services across Pune. The upcoming corridors will improve access to key locations while reducing traffic congestion in the city.
15+ features of India's first Bullet Train: Not just 280 kmph speed, check its interiors, passenger facilities and advanced technology
India's first indigenous bullet train, B28, is designed to run at an operational speed of 249 kmph and a testing speed of 280 kmph. With eight coaches and a passenger capacity of around 557, it will feature Wi-Fi-based infotainment, multilingual information screens, ergonomic seating and modern safety systems. Trial runs on the Mumbai-Ahmedabad corridor are targeted for May-June 2027.
Rajasthan man opens bank app to check balance, finds Rs 10,00,00,00,00,000 lien on account where he had Rs 55,000; bank blocks his entire savings
A 22-year-old medical store employee in Rajasthan's Sikar, earning Rs 10,000 a month, found a Rs 1 lakh crore lien on his Kotak Bank account while trying to recharge his phone. His Rs 55,000 savings also became inaccessible. Police and the bank later confirmed a technical glitch, and the hold was lifted.
Making of Bullet Train: What India’s high-speed train will look like from inside; check out its high-tech interiors, passenger facilities & technology
Union Railways Minister Ashwini Vaishnaw has shared a video offering a glimpse inside India's first Bharat-made Bullet Train, being manufactured at BEML's Bengaluru facility for the Mumbai-Ahmedabad corridor. The eight-car train will feature a test speed of 280 kmph, seating for around 557 passengers, accessible facilities, Wi-Fi-based infotainment and advanced safety and energy-efficient technologies.
SBI Q2 Results Preview: PAT may rise up to 25% YoY; NII, margins, deposit growth in focus
State Bank of India will announce Q2FY27 results on November 3, with brokerages forecasting 11-13% NII growth and up to 25.2% profit growth. Investors will track margins, loan growth, deposits, credit costs and asset quality.
Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MD
Muthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company expresses confidence that clients will gradually acclimate to the revamped monthly payment system. The managing director mentioned it is still too early to assess the regulation's overall influence on the industry.
Mumbai-Ahmedabad bullet train can travel at 249 kmph speed carrying up to 1,114 passengers with two 8-coach trains joined to form a 16-coach train; free Wi-Fi for passengers
India's first indigenous bullet train to run between Mumbai and Ahmedabad. Named as B-28 or Bharat 28, the train is nearing a crucial manufacturing milestone at BEML's Bengaluru facility. The eight-coach train will carry 557 passengers, operate at 249 kmph and feature Wi-Fi, accessible toilets and regenerative braking. Test runs are planned for 2027, with commercial operations targeted for August.
Delhi-Lucknow bullet train journey in 2 hours 12 minutes compared to 6 hours 25 minutes by Vande Bharat: What the Northern Corridor proposes
Delhi and Lucknow could be connected by a bullet train in 2 hours and 12 minutes under the proposed Northern Corridor approved by Prime Minister Narendra Modi. Railway Minister Ashwini Vaishnaw has also shared estimated travel times for Agra, Kanpur and Varanasi as the planned network is set to extend from Delhi to Guwahati.
Bullet train to Northeast: PM Modi approves Delhi-Guwahati bullet train corridor expansion, extending proposed route to Assam via Varanasi, Patna and Siliguri; CM Himanta thanks Centre
Assam Chief Minister Himanta Biswa Sarma has welcomed the extension of the Northern bullet train corridor from Siliguri to Guwahati, saying Delhi-Guwahati travel could take under eight hours. PM Narendra Modi has approved the Northern corridor, which will connect major cities across Uttar Pradesh, Bihar and West Bengal before reaching Assam.
Gurgaon man pays Rs 20,000 rent, takes bike trips to mountains, says Rs 30 lakhs a year is enough; blames people for spending too much
A LinkedIn post questioning whether Rs 30–50 lakh a year is enough to live in Gurgaon has sparked a debate. The author recalled paying Rs 20,000 in rent and spending Rs 20,000 on food while cooking himself. He blamed lifestyle inflation, expensive purchases and social pressure for rising financial expectations.
'Bullet train will cut Delhi-Varanasi journey to 3.5 hrs': Ashwini Vaishnaw reveals mega plan to slash travel times to Lucknow, Kanpur, Agra and Patna
Union Railway Minister Ashwini Vaishnaw has shared proposed travel times for the Northern Corridor of India's bullet train network, including a journey between Delhi and Varanasi in 3 hours 33 minutes. He also highlighted the role of Vande Bharat Sleeper trains in improving overnight connectivity and outlined plans to develop Kashi railway station into a major transport hub.
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