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    RAILWAY RESERVATION SYSTEM

    RAC ending soon: Railways plans to scrap this train reservation facility; passengers may no longer have to share berths despite paying full fare

    Indian Railways is examining the possibility of scrapping the decades-old Reservation Against Cancellation (RAC) facility, under which two passengers share a single berth despite paying the full fare, according to a TOI report. The move comes amid concerns over passenger convenience and a parliamentary panel's recommendation to review the existing arrangement.

    Another billion-dollar IPO: After Jio and NSE, what should investors know about Mahanadi Coalfields?

    Mahanadi Coalfields is gearing up for a potential $1 billion IPO that could value Coal India's subsidiary at up to $10 billion. With Sebi clearance secured and investor meetings underway, the offering could be among India's biggest public issues. Here's what investors should know about the company's operations, financial performance, IPO structure, key customers and growth prospects.

    South Eastern Coalfields files DRHP with SEBI for IPO; Coal India to offload 66.8 crore shares

    Coal India subsidiary South Eastern Coalfields has filed its draft papers with SEBI for an IPO comprising an offer for sale of up to 66.81 crore shares. One of India’s largest coal producers, SECL reported higher revenue and profit and plans to list on the BSE and NSE.

    By 1909, copper had helped Swansea, Arizona, grow to about 500 people; financial trouble followed in 1911, and the last mine closed in 1937

    Swansea, Arizona, once thrived as a mining community but became a ghost town after its abandonment in 1937. It flourished in the early 1900s due to copper discoveries, only to suffer economic decline later. Research highlights that boom-dependent communities often face economic hardships. Surprisingly, copper prices are soaring today, driven by the tech and electric vehicle sectors. Swansea's history reminds modern towns to tread carefully in the current copper market.

    Railway pass holders can travel in higher class on Rajdhani, Shatabdi by paying fare difference

    Railway pass holders now have the option to travel in a higher class on premium trains. This change applies to Privilege Passes, Post Retirement Complimentary Passes, and Widow Passes. The Railway Board clarified this policy after addressing prior ambiguities in the rules concerning train travel. Updated procedures will reflect this new travel entitlement and clarify fare payment requirements.

    Rs 1,819 for Delhi-Kashi Vande Bharat Sleeper ride: Much-awaited overnight train launches tomorrow. Check ticket prices, timings, route & facilities

    India's second Vande Bharat Sleeper train will be launched between Varanasi and New Delhi on Saturday, October 31. The 16-coach, fully air-conditioned train will accommodate 823 passengers and operate six days a week. Check its ticket fares, departure and arrival timings, route, stoppages and onboard facilities.

    The Economic Times
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