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.
Closed on Diwali: 15+ railway reservation centres in Delhi to remain shut or operate for limited hours on November 8; check full list before visiting
Several railway reservation counters across Delhi-NCR will operate for limited hours or remain closed on November 8 due to Diwali. Three centres will offer partial services until 6 pm, while 15 others will shut during the evening shift from 2 pm to 8 pm. Six reservation offices will remain closed for the entire day. Here is the complete list of affected centres and their timings.
Rail passengers opting for 45-paise travel insurance at counters must pay digitally from Oct 27
Railway passengers will need to pay for optional travel insurance through digital means starting October 27. This change follows a Supreme Court order requiring digital transactions for insurance premiums. The 45-paise premium cannot be paid in cash due to certain coins no longer being legal tender. Passengers who cancel tickets will forfeit part of the insurance premium along with other fees.
Indian Railways reservation counters across Delhi-NCR to remain closed or partially open on November 8
Indian Railways will partially or fully close several PRS counters across Delhi-NCR on November 8 for Diwali 2026. Some offices will provide limited evening services, others will shut from 2 pm to 8 pm, while six locations will remain closed for the entire day. Passengers should check their reservation office timings before travelling to book train tickets.
ET Prime Special Series: Multibagger or IBC - Part 81: Momentum in numbers will decide fate of this auto ancillary's stock
A few years back, the important question for this auto ancillary supplier was whether its investments and customer programmes would begin producing enough revenue. Today, the numbers look very different. Annual income has jumped, exports have risen, and a large overseas-linked order has helped deliver a record quarter. How much of the improvement is repeatable, and how much reflects an unusual opportunity?
Get a tech list to tick: Can India achieve true self-reliance without an evidence-based technology list?
India aims to achieve self-reliance by systematically identifying critical technologies for its national strategy. The government has established initiatives, such as the Anusandhan National Research Foundation, to drive research and development. A clear list of vital technologies will help prioritize investments and reduce dependency on foreign entities. Strategic instruments can then be directed toward fostering domestic capabilities in specified sectors.
Railway panel to examine 21 issues, including passenger safety and station upgrades
The Parliamentary Standing Committee on Railways has identified 21 issues for examination in the upcoming financial year. These issues include passenger safety, public facilities, and operational improvements. Additionally, the committee will evaluate business-related activities like land utilization and development of station areas. The government plans to invest in seven high-speed rail corridors to enhance rail connectivity across India.
Man books IRCTC railway room for Rs 333, finds Indian toilet instead of Western; gets Rs 20,000 compensation
A 72-year-old man who booked a Rs 333 retiring room at Chittorgarh railway station found an Indian toilet instead of the western toilet listed on the IRCTC portal. After returning the keys without using the room and failing to get a refund, he approached the consumer commission, which enhanced compensation from Rs 3,000 to Rs 20,000.
Mahindra XUV 3XO ZNG launched at Rs 9.99 lakh: Check features, mileage & variants
Mahindra has launched the XUV 3XO ZNG CNG in India at a starting price of Rs 9.99 lakh (ex-showroom). Available in four variants, the compact SUV offers a claimed mileage of 24.70 km/kg, a 1.2-litre turbo-petrol engine, twin CNG cylinders, a panoramic sunroof and a 360-degree camera. It rivals the Tata Nexon CNG and Maruti Suzuki Brezza CNG.
Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and Wipro
Indian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The Nifty 50 declined, testing the support zone of 22,580-22,620, which might weaken with repeated tests. Several companies, such as Reliance Industries and Tata Technologies, are expected to be in focus due to upcoming quarterly earnings.
IMF's bullish call: Why is India sprinting when the world stumbles?
The IMF has raised India's growth forecast to 7% for both FY27 and FY28, highlighting the country's resilience despite higher oil prices and a slowing global economy. Strong domestic consumption, infrastructure spending, recovering private investment and AI-related capital expenditure are supporting growth, though inflation, energy costs and weaker rural demand remain risks.
UPI MDR framework needs rationalisation to protect public trust: Report
UPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long-term economic benefits outweighing the incremental income that could accrue from merchant transaction fees, the report titled 'UPI at a Crossroads: Reintroducing the MDR' released by IIT Bombay said.
UPI MDR framework needs rationalisation to protect public trust: IIT Bombay report
The report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressing the need to ensure that the digital payments platform does not attract negative sentiment among users.
Manipur Cabinet adopts resolution marking PM Modi’s 25 years in public service
Manipur Chief Minister Yumnam Khemchand Singh announced the Cabinet's resolution thanking Prime Minister Modi for his service. The resolution acknowledged the Prime Minister's contributions to India's growth and support for the Northeastern region. Significant initiatives under his leadership include infrastructure developments, healthcare improvements, and educational advancements in Manipur. The Prime Minister's efforts have helped lift millions out of poverty and enhance public services.
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