Ministry of Railways has decided to undertake Survey and prepare the Detailed Project Reports (DPR) for the High Speed Bullet Train Corridors.
The world’s first high-speed rail system, the Tōkaidō Shinkansen, began operations in Japan in 1964 and was widely known as the bullet train.
India’s first bullet train will run between Mumbai-Ahmedabad High-speed Rail Corridor. This Bullet Train will be up and running by 2026.
India’s 1st bullet train station will be set up in Surat.
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The Centrally Sponsored ‘Blue Revolution’ Scheme is implemented by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying for a period of 5 years from 2015-16 to 2019-20.
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Russia is being threatened with exclusion from the services of SWIFT.
Prior to SWIFT, the only reliable means of message confirmation for international funds transfer was Telex. However, a range of issues plagued Telex, including low speed, security concerns, and a free message format.
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Finance Secretary accused ratings agencies of “double standards” when assessing emerging markets and developing economies.
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