logo
6 Trains For Bihar, 5 For UP: How These 2 States Became Top Beneficiaries Of Amrit Bharat Allocation

6 Trains For Bihar, 5 For UP: How These 2 States Became Top Beneficiaries Of Amrit Bharat Allocation

News183 days ago
The 2.0 version of the Amrit Bharat trains, offering better facilities and a feel of Vande Bharat but without AC was released in 2025
The count of the operational Amrit Bharat Trains touched seven on Friday with Prime Minister Narendra Modi inaugurating four more trains from Bihar. Along with Uttar Pradesh, Bihar has emerged as the state with the highest number of these complete non-AC trains resembling the interior of the Vande Bharat trains.
Before Friday's launch, only three Amrit Bharat trains were operational – Darbhanga–Delhi; Malda–Bengaluru; and Mumbai–Saharsa. The new services are between Patna and Delhi; Bapudham Motihari and Delhi; Darbhanga and Lucknow and Malda Town and Lucknow via Bhagalpur.
As clear from the operational routes, six Amrit Bharat trains are catering to Bihar – either origin, destination, or en route. Uttar Pradesh is the second most transit state with five train routes.
A total of three of these trains are coming to the national capital from different parts of Bihar.
With two trains originating from Malda in West Bengal, the state is at the next spot.
The train offers only sleeper and general class coaches for an affordable long distance journey. Each train has eight Sleeper coaches, 11 General coaches, and two luggage-cum-brake vans, along with one pantry car.
Bihar at the Centre of Amrit Bharat Push
Poll bound Bihar is at the focus of the ministry. Out of the seven Amrit Bharats, five originate from Bihar – Darbhanga–Delhi; Mumbai-Saharsa; Patna–Delhi; Bapudham Motihari–Delhi; and Darbhanga–Lucknow.
Malda Town–Lucknow via Bhagalpur, inaugurated on Friday, passes through Bihar. Malda–Bengaluru is the sole exception among trains not linked to Bihar.
The centre, in April, started the Mumbai-Saharsa Amrit Bharat train.
With six of the seven trains linked to Bihar, the state appears firmly at the centre of the Centre's rail outreach this election season.
आज बिहार के मोतिहारी से हजारों करोड़ रुपये की विकास परियोजनाओं का लोकार्पण और शिलान्यास कर अत्यंत प्रसन्न हूं। राज्य के चहुंमुखी विकास के लिए एनडीए सरकार प्रतिबद्ध है। https://t.co/qMOMBKqdno — Narendra Modi (@narendramodi) July 18, 2025
Patna-Delhi Train: Commercial Run from July 31
Speaking to News18, a Ministry official said that Amrit Bharat train (22361) – Rajendra Nagar Terminal to New Delhi – will be a daily train operating all days of the week.
'It will commence its regular service from Rajendra Nagar Terminal on July 31," the official said, demanding anonymity.
The train will start from Rajendra Nagar near Patna at 8.10 pm and will reach Delhi at 1.10 pm the next day, completing the journey in 17 hours at a cost of Rs 560. Patna and Delhi are already well connected. One of these trains, Sampoorna Kranti Express, completes the journey in just about 12 hours and costs Rs 520.
From Delhi, the regular services will start from August 1. From Delhi, the train – 22362 – will start at 7.10 pm daily and will reach Rajendra Nagar Terminal at 10.50 am the next day, as of the current details from the Ministry.
Timings and stoppages are subject to change based on public demand.
Malda Town-Gomti Nagar Amrit Bharat
The 13435 train – covering the distance between Malda and Lucknow in over 20 hours, will operate only once a week – Thursday – and the commercial services will start from July 24 as of now.
The sleeper class costs Rs 540 in this train as against Rs 465 in Farakka Express that covers the same journey in over 23 hours between the two cities. The cost for the 3AC is Rs 1,250 in Farakka Express.
From Lucknow, the train will operate only on Saturday – starting at 11 am and completing the close to 23 hours journey by around 10 am on Sunday. The commercial services will start from July 19 from Lucknow. The cost of the journey will be Rs 695 as against Farakka Express's Rs 480. The cost of the journey for a passenger in the third AC class in Farakka Express – covering the distance in 25 hours – is Rs 1,285.
Darbhanga-Gomti Nagar Amrit Bharat
So far, the fastest train on the route was Bihar Sampark Kranti Express that covered the distance between Lucknow and Darbhanga in 13 hours and 20 minutes. The new Amrit Bharat will take 13 hours and 15 minutes.
The new train will charge Rs 535 for the sleeper class as against Rs 405 in Bihar Sampark Kranti Express. The cost of third AC travel on the route is about Rs 1,100.
This new Amrit Bharat train (05056) will operate only on Saturday as of now with commercial services starting on July 19. The commercial service from Darbhanga side (15561) will start from July 26. This train will also operate only on Saturday. The cost of journey from this side will be Rs 415.
It is also important to note that the existing Darbhanga–Delhi Amrit Bharat was also catering to Lucknow.
With assembly elections inching closer, the railway ministry's aggressive push for affordable long-distance travel — especially in a politically critical state, Bihar— is being closely watched. Whether this boost in rail connectivity translates into electoral dividends will unfold in the coming months.
About the Author
Nivedita Singh
Nivedita Singh is a data journalist and covers the Election Commission, Indian Railways and Ministry of Road Transport and Highways. She has nearly seven years of experience in the news media. She tweets @nived...Read More
Get breaking news, in-depth analysis, and expert perspectives on everything from politics to crime and society. Stay informed with the latest India news only on News18. Download the News18 App to stay updated!
tags :
news18 specials Railway Ministry
view comments
Location :
New Delhi, India, India
First Published:
July 18, 2025, 15:01 IST
News india 6 Trains For Bihar, 5 For UP: How These 2 States Became Top Beneficiaries Of Amrit Bharat Allocation
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

From a 90% crash to a 1,000% rally: Can PC Jeweller regain its shine?
From a 90% crash to a 1,000% rally: Can PC Jeweller regain its shine?

Indian Express

time27 minutes ago

  • Indian Express

From a 90% crash to a 1,000% rally: Can PC Jeweller regain its shine?

In the jewellery business, trust is everything. Ask PC Jeweller (PCJ), which saw its fortunes plummet in 2018 after losing investor confidence and has spent the last five years rebuilding itself. Legal battles, irrecoverable payables, and short-term debt pushed the company into a deep crisis. But today, PCJ is attempting a comeback, step by step, trying to restore the trust. On July 7, 2025, PCJ's promoters infused Rs 500 crore into the company by subscribing to fully convertible warrants at Rs 18 each, a premium to the June 30 market price of Rs 12.3. This sent the stock soaring 52% in the first week of July to Rs 18.7. The company will use these funds to repay bank debt, with an aim to become debt-free by the end of FY26. But to understand the significance of this move, it's important to understand where PCJ went wrong and how far it still has to go. PC Jeweller's Stock Price Momentum (2014-2020) Between FY14 and FY18, PC Jeweller grew its revenue by 80% to Rs 9,610 crore, placing it alongside Kalyan Jewellers and Joyalukkas in terms of market share. But everything began to go south after SEBI pulled up PCJ for insider trading in January 2018. The stock tanked 90% within 9 months. The promoters moved the Securities Appellate Tribunal (SAT) and then to the Supreme Court. Though the apex court overturned SEBI and SAT's ruling in April 2022, four years of legal proceedings had done much damage. Legal troubles and weakened consumer trust pulled revenue down by 83%. The company reported a net loss of Rs 391 crore in FY22, with sales falling to Rs 1,605 crore, which were not enough to cover its fixed costs. PC Jeweller's Sales and Profits FY14-FY22 5,325 6,361 7,301 8,464 9,610 8,672 5,206 2,825 1,605 378 1 -391 Source: The gems and jewellery sector operates like any other retail business, with pan-India stores. What sets them apart is the cost of gold, the primary raw material. India imports gold to meet jewellery demand, and the government imposes a customs duty on these imports. Jewellers also have a high working capital demand as gold is slow-moving, often taking 6–12 months to convert into sales. When sales declined because of the pandemic and the legal issues, PCJ was left with unsold inventory worth Rs 5,667 crore. PC Jeweller's Inventory from FY18-FY22 Inventory (Rs Crores) 5,258 5,012 5,944 5,667 Inventory Days 1,465 Source: Moreover, the pandemic resulted in export clients defaulting on trade receivables. Thus, PCJ had to borrow Rs 727 crore from banks to meet its trade payables, which increased its borrowings to Rs 3,283 crore in FY22 (from Rs 2,294 crore in FY21), and reduced its cash reserve to Rs 60 crore. From a net-cash company in FY18, PCJ became a net debt company by FY22. Within six months, it defaulted on loans worth Rs 3,466 crore in Q2FY23 ended September 2022. At this point, short-term borrowings were more than its reserves, and cash was running dry. PC Jeweller's Cash and Debt from FY18-FY22 Mar-20 Mar-21 Mar-22 Short-Term Borrowings 1,025 2,091 2,282 2,294 3,283 Cash Equivalents 1,556 322 178 60 Source: The creditors lost trust in the jeweller. The State Bank of India (SBI) (Rs 1,060 crore outstanding loan), its largest lender, initiated insolvency proceedings on PCJ in January 2023. Its two prime properties in New Delhi came under the SBI's control, and its inventory at a few locations came under the court's custody, disrupting operations. In FY24, the company's sales fell 75.5% to Rs 604 crore. The 334% rally in 4 months (27 June-24 October 2022) after the Supreme Court ruling reversed after the bank loan default. PC Jeweller's Stock Price Momentum (2022-2025) In December 2023, despite reporting its lowest quarterly revenue of Rs 40 crore (down 95% year-over-year) and a net loss of Rs 198 crore, PCJ's stock surged 100%. Behind the rally was PCJ's negotiations with banks to avoid bankruptcy. The jeweller even offered to reduce payment terms to 3 years from 5 years to get the lenders to settle, instilling confidence in investors. In July 2024, the company reached a One-Time Settlement (OTS) with 12 out of 14 banks. As part of the settlement, PCJ agreed to repay the loan in cash and equity, with structured cash payments over 2 years from the date of settlement (September 30, 2024). However, it expects to repay the debt by March 2026. So far, PCJ has paid Rs 487 crore in cash and converted debt worth Rs 1,510 crore to equity, giving banks a 9.07% stake in the company. As of March 30, 2025, it halved its debt to Rs 2,064 crore. The company will announce more such capital infusion as part of its plan to raise up to Rs 2,705 crore by issuing warrants on a preferential basis to promoters and investors. So far, the company has raised Rs 1,664 crore from share warrants. PCJ is strengthening its balance sheet by reducing debt. Simultaneously, it is reviving its business by using Rs 529 crore from the capital raised towards working capital. This helped the jeweller revive its FY25 sales. It reported a profit of Rs 578 crore by reducing its interest expense by Rs 454 crore to Rs 51 crore. PC Jeweller's Cash and Debt from FY23-FY25 2,245 2,064 Cash Equivalents Inventory 5,633 6,649 Source: PCJ is no longer in crisis mode. Over the last five years, it has avoided bankruptcy and returned to profits, which drove its share price up 1,068%. But challenges remain. PCJ's short-term borrowings have a Crisil rating of D (Default) 'issuer not cooperating' as on March 28. It received a show-cause notice from SEBI in February 2024 for alleged violation of the Listing Obligations and Disclosure Requirements (LODR) Regulations. Though it has settled the issue with SEBI by paying Rs 7.23 crore, it highlights that more work needs to be done around its corporate disclosures. PCJ also has to work toward reviving its business operations, where it is competing with giants like Tanishq and Kalyan Jewellers. Kalyan Jewellers has been expanding showroom count aggressively by moving from company-owned company-operated (COCO) to franchise-owned company-operated (FOCO) model. In the FOCO model, the franchise owners put their money into owning/leasing the store and store inventory. This model reduces the capital intensity of opening a new store, but also reduces the margin. PCJ, on the other hand, still operates on the COCO model, with only 4 franchises and 48 showrooms. The company's FY25 revenue is down 9% from FY23, when the business was not disrupted by bank default. PCJ is confident about FY26 growth. Its stock is trading at a price-to-earnings (P/E) ratio of 19x, way below Kalyan Jewellers' ratio of 85x and the industry median of 32x. Even the Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortisation (EV/EBITDA) ratio of 25.3x looks cheaper than Kalyan Jewellers' 39x. But PCJ's low valuation doesn't make it a value stock. It still carries high risk as the company still lacks consumer trust. It now has a shorter deadline to repay the Rs 2,064 crore debt. Until consumer and investor confidenc eis fully restored, risk remains high. Analysts have not yet initiated coverage on PCJ stock. That means investors must rely on their analysis of the company's performance. Being a distressed small-cap stock, its trading volumes are mostly concentrated around shareholder events, which increases volatility. However, it holds potential to grow substantially if the positive news keeps flowing in. Note: We have relied on data from throughout this article. Only in cases where the data was not available, have we used an alternate, but widely used and accepted source of information. Puja Tayal is a financial writer with over 17 years of experience in the field of fundamental research. Disclosure: The writer and his dependents do not hold the stocks discussed in this article. The website managers, its employee(s), and contributors/writers/authors of articles have or may have an outstanding buy or sell position or holding in the securities, options on securities or other related investments of issuers and/or companies discussed therein. The content of the articles and the interpretation of data are solely the personal views of the contributors/ writers/authors. Investors must make their own investment decisions based on their specific objectives, resources and only after consulting such independent advisors as may be necessary.

Stocks in news: UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, Jio Financial
Stocks in news: UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, Jio Financial

Economic Times

time27 minutes ago

  • Economic Times

Stocks in news: UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, Jio Financial

Markets extended their losing streak into the third consecutive week, as investors adopted a cautious stance due to the disappointing start of the earnings season and ongoing uncertainty surrounding the US-India trade deal. In today's trade, shares of UltraTech, Eternal, RIL, ICICI Bank, HDFC Bank, Jio Financial among others will be in focus. ADVERTISEMENT UltraTech Cement, Eternal, IDBI Shares of UltraTech Cement, Eternal and IDBI will be in focus as the company will announce its fourth quarter results. ICICI Bank ICICI Bank, India's second largest private lender, reported a standalone net profit of Rs 12,768 crore, up 15% year-over-year compared to a profit of Rs 11,059.11 crore in the corresponding quarter of last year. HDFC Bank HDFC Bank, India's largest private sector lender, on Saturday announced its first-ever bonus issue, with the board approving the allotment of shares in a 1:1 ratio. Yes Bank Yes Bank reported a 59% growth in its Q1FY26 standalone net profit at Rs 801 crore versus Rs 502 crore in the year ago period. RBL Bank Private sector lender RBL Bank on Saturday reported a standalone net profit of Rs 200.33 crore for the first quarter ended June 2025, a 46% year-over-year decline ADVERTISEMENT RIL Mukesh Ambani-led Reliance Industries (RIL) reported a 78% growth in its Q1FY26 consolidated net profit at Rs 26,994 crore versus Rs 15,138 crore in the year ago period. Sona Comstar Sona Comstar entered China EV market via JV to manufacture driveline systems with Jinnaite Machinery (JNT) in China. ADVERTISEMENT Punjab & Sind Bank reports Punjab and Sind Bank reported a net profit growth of 48% to Rs 269 crore in the first quarter. JK Cement JK Cement's net profit rose 75% to Rs 324 crore in the first quarter, while revenues increased 19% to Rs 3,352 crore. ADVERTISEMENT Warbug Pincus Warbug Pincus (Currant Sea Investments B.V) received RBI approval for its proposed 9.99% investment In IDFC First Bank Jio Financial Jio Financial to form 50:50 reinsurance joint venture with Allianz. ADVERTISEMENT Dr Reddy's Dr Reddy's received seven USFDA observations after Srikakulam plant inspection. (You can now subscribe to our ETMarkets WhatsApp channel)

Remove underperforming mutual funds and cut risk from shares by shifting to index funds to meet life goals
Remove underperforming mutual funds and cut risk from shares by shifting to index funds to meet life goals

Economic Times

time27 minutes ago

  • Economic Times

Remove underperforming mutual funds and cut risk from shares by shifting to index funds to meet life goals

This couple can reduce risk in their portfolio by moving some of their equity investments to index mutual funds The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. Tired of too many ads? Remove Ads PORTFOLIO CHECK-UP Abhishek Mittal and his wife are investing for their son's education and wedding, as well as their own retirement. The couple has highrisk investments, with over 50% of the portfolio in stocks. Direct investment in stocks can be volatile and risky. They should move to a mutual fund or an index scheme. The three equity mutual funds have been consistent underperformers and should be weeded out. They should continue investing in the NPS scheme. They should invest only Rs.1.5 lakh a year in their own and minor's PPF accounts. Can restart investing more when the son turns 18. Note from the doctor The couple has adequate life insurance: Rs.2 crore for husband and Rs.1 crore for wife. They also have passive rental income from two flats. They should review and rebalance their portfolio at least once a year. They should reduce risk when goal is near to avoid missing the target. WRITE TO US FOR HELP Names of the funds you hold. Current value of the investment. If you have SIPs running in any of them. The financial goals for which you invested. How much you need for each financial goal. How far away is each goal. (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of .) Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial you want your portfolio examined, write to etwealth@ with 'Portfolio Doctor' as the subject. Mention the following information:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store