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Railways May See Best Operating Ratio in Five Years in FY26

Mint Ahmedabad

|

January 16, 2025

freight) may raise Railways' internal revenue generation in FY26 to over ₹5,000 crore, bringing operating ratio below 98%. In FY25, internal revenue generation is expected to remain flat at ₹3,000 crore.

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freight) may raise Railways' internal revenue generation in FY26 to over ₹5,000 crore, bringing operating ratio below 98%. In FY25, internal revenue generation is expected to remain flat at ₹3,000 crore. "A big, aged, unanswered question in front of us is how we as a nation can fix these poor operating ratios," said Shailesh Agarwal, partner-risk consulting, EY India. "Indian Railways has never been able to meet operational expenses of passenger services with the revenue it generates. Passenger services are in losses as compared to freight services that are more profitable," Agarwal said, suggesting the ministry can look at raising passenger fares to match the cost of service.

MEER VERHALEN VAN Mint Ahmedabad

Mint Ahmedabad

Will Mahavatar Narsimha’s ₹300-cr success reshape Indian cinema?

The success of Mahavatar Narsimha, an animated mythological epic that was released without promotions or marketing this July and eventually grossed ₹300 crore, has proven to be a turning point, given animation’s long history of poor theatrical performance in the country.

time to read

2 mins

December 02, 2025

Mint Ahmedabad

Gold soars ₹3,040 on global cues

Gold prices surged by ₹3,040 to ₹1,33,200 per 10 gm in the national capital on Monday, tracking strong global trends and a weak US dollar, according to the All India Sarafa Association.

time to read

1 min

December 02, 2025

Mint Ahmedabad

India's industrial output slows to 14-month low in October

India’s industrial production grew 0.4% year-on-year in October, its slowest pace of expansion in 14 months, as manufacturing decelerated, and mining and electricity output contracted, provisional data released by the Ministry of Statistics and Programme Implementation (MoSPI) showed on Monday.

time to read

1 mins

December 02, 2025

Mint Ahmedabad

Mint Ahmedabad

IT growth trails global clients amid shifting tech spending

Automation, product spends, in-house tech centre investments contributed to decoupling

time to read

2 mins

December 02, 2025

Mint Ahmedabad

Mint Ahmedabad

Are gifts from NRIs to residents taxable?

I am an NRI who is living in Dubai for the past six years. I had acquired shares of an unlisted Indian firm using surplus fund from my NRO account in India. I wish to gift the shares to my father, who is a resident of India. Will this transfer attract any tax in India?

time to read

1 mins

December 02, 2025

Mint Ahmedabad

Mint Ahmedabad

Mandatory app may trigger pushback

misuse of mobile phones in various scams.

time to read

2 mins

December 02, 2025

Mint Ahmedabad

With health in mind, Indians are rethinking their 'kadais'

New research and rising awareness are driving households to switch to safer options like cast iron and tri-ply cookware

time to read

3 mins

December 02, 2025

Mint Ahmedabad

Top weapon firms' revenue up 6%

The world’s biggest weapons-producing companies saw a 5.9% increase in revenue from sales of arms and military services last year as demand was fed by the wars in Ukraine and Gaza as well as countries’ rising military spending, according to a report released Monday.

time to read

1 min

December 02, 2025

Mint Ahmedabad

Mint Ahmedabad

FinMin rejects Post's claims of influence on LIC investments in Adani cos

The finance ministry does not issue any advisory or direction to Life Insurance Corp. of India (LIC) on matters related to investments, finance minister Nirmala Sitharaman told Parliament on Monday, reiterating that the state-run insurer operates independently.

time to read

2 mins

December 02, 2025

Mint Ahmedabad

GST growth cools, but Indians are spending more

government's strategy that cheaper essentials and mass-use items will raise demand as predicted by the Laffer Curve theory, the second official said, referring to the economic idea that moderate tax rates can boost economic activity and tax revenue.

time to read

1 mins

December 02, 2025

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