Railways draws $942 million FDI in 11 years; exports at ₹26,000 crore:Ashwini Vaishnav

March 18, 2026 6:20 PM

Railways draws $942 million FDI in 11 years; exports at ₹26,000 crore:Ashwini Vaishnav

Railway Minister Ashwini Vaishnaw on Wednesday informed the Lok Sabha that the railway sector has attracted foreign direct investment (FDI) equity inflows of $942 million between 2014-15 and 2025-26 (up to December 2025). Citing the FDI policy circular dated October 15, 2020, he said 100% FDI is permitted under the automatic route in railway infrastructure. The permitted areas include suburban corridor projects through public-private partnerships, high-speed train projects, dedicated freight li...

Mozambique floods force thousands to flee as rising waters cut off communities

January 19, 2026 10:24 PM

Mozambique floods force thousands to flee as rising waters cut off communities

Severe floods from heavy rains have forced thousands to flee homes in Mozambique and left some stranded on roofs as surging waters swamp settlements, aid workers and witnesses said on Monday. The floods have directly impacted more than 620,000 people, with over 72,000 houses flooded and widespread damage caused to roads, bridges and health centres, said the International Federation of Red Cross and Red Crescent Societies (IFRC), which is assisting with relief efforts. "Rains are still expected...