RVNL has emerged as the lowest bidder for a Rs 115.79 crore contract from Central Railway’s Nagpur division for OHE modification work. The project aims to upgrade the existing electric traction system and will be executed over 24 months. Additionally, RVNL previously secured a contract worth Rs 156.36 crore from South Western Railway.
Fed’s rate cut well received by global markets: Mitul Kotecha
Global equities rallied after the US Federal Reserve’s 25-basis-point rate cut, though future moves remain uncertain due to a divided Fed stance. The central bank