Business

Supreme Court Ruling Threatens Indian Railways' Finances

Indian Express

The Supreme Court's ruling against Indian Railways' deemed licensee status could lead to soaring electricity costs and financial instability. What’s next?

The Supreme Court's ruling may raise electricity costs for Railways by 30%.

Railways' operating ratio remains above 98%, indicating financial strain.

Freight operations, making up 65% of earnings, have declined by 5%.

The ruling challenges the Railways' financial health amid rising expenses.

Read the full article for more details

Read Full Article

Glipzo