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IRCTC, IRFC upgraded to Navratna status, Ashwini Vaishnaw reacts

These numbers underscore the corporation’s pivotal role in facilitating the growth and modernization of the railway sector.

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On March 3, 2025, the Government of India officially announced the upgrade of the Indian Railway Catering and Tourism Corporation (IRCTC) and the Indian Railway Finance Corporation (IRFC) to the status of Navratna Central Public Sector Enterprises (CPSEs). This significant development highlights the robust performance and strategic importance of these entities within the Ministry of Railways.

The IRCTC has been a key player in the railway catering and tourism sector, contributing notably to the Indian economy. For the financial year 2023-24, IRCTC reported an impressive annual turnover of ₹4,270.18 crore, with a profit after tax (PAT) amounting to ₹1,111.26 crore. Additionally, the corporation boasts a net worth of ₹3,229.97 crore, reflecting its solid financial health and operational efficiency.

On the other hand, the IRFC has emerged as a vital financial institution that supports the Indian Railways through funding and infrastructure development. According to the latest figures, IRFC achieved an annual turnover of ₹26,644 crore. The PAT for IRFC stood at ₹6,412 crore, while its net worth reached a staggering ₹49,178 crore for FY 2023-24. These numbers underscore the corporation’s pivotal role in facilitating the growth and modernization of the railway sector.

Railway Minister Ashwini Vaishnaw expressed his congratulations on social media, applauding the efforts of the teams behind both IRCTC and IRFC. He emphasized that this recognition as Navratna entities will empower them to undertake more significant projects and enhance their operational autonomy. The Navratna status allows companies to invest up to ₹1,000 crore without seeking government approval, which can be a game changer for their expansion plans.

The upgrade to Navratna status is expected to boost the capabilities of both corporations significantly, enabling them to leverage their financial strengths for future development. This move is a testament to the government’s belief in enhancing the infrastructure and services provided by the railways, ultimately benefiting millions of passengers and the overall economy.

In summary, the elevation of IRCTC and IRFC to Navratna status represents a strategic milestone aimed at harnessing their full potential, fostering growth, and improving railway services across India.

India News

PM Modi mocks MK Stalin’s criticism, cites record central funds for Tamil Nadu infrastructure

At the Pamban bridge inauguration, PM Modi countered MK Stalin’s criticism on fund allocation, pointing to a sharp rise in railway and road infrastructure support for Tamil Nadu.

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Narendra Modi

During his visit to Tamil Nadu to inaugurate the newly built Pamban bridge, Prime Minister Narendra Modi took a sharp swipe at the Opposition, indirectly targeting Chief Minister MK Stalin, accusing them of complaining “without any reason” despite substantial central funding for the state’s development.

Without directly naming Stalin, PM Modi dismissed the persistent criticism regarding fund allocations, delimitation concerns, and the three-language policy, pointing instead to what he described as an unprecedented increase in support from the Centre for Tamil Nadu’s infrastructure growth.

Rail and road allocations see massive rise post-2014

Highlighting the Centre’s investment in Tamil Nadu’s railways, PM Modi stated that before 2014, the annual budget for rail projects in the state was around ₹900 crore, but under the current government, it has risen to over ₹6,000 crore. He also noted that 77 railway stations across Tamil Nadu, including Rameswaram, are being modernised.

On road infrastructure, he added that approximately 4,000 kilometres of roads have been built in the state under the Pradhan Mantri Gram Sadak Yojana over the past decade, signifying strong progress in connectivity, especially in rural areas.

Cultural and political tensions remain unaddressed

While the Prime Minister focused on infrastructure milestones, he avoided addressing CM Stalin’s criticism on delimitation and the three-language policy—issues that have remained flashpoints between the Centre and southern states. Stalin has repeatedly alleged that the Centre is attempting to politically weaken southern states and culturally impose Hindi, often pointing to education policy pressure and threats to funding as key examples.

PM Modi, however, took a different line of attack, questioning why state leaders sign official documents in English instead of Tamil, and challenged the state to introduce medical education in the Tamil language, positioning it as a test of cultural commitment.

The remarks have further escalated the ongoing Centre-state tensions, especially in the backdrop of regional concerns about federal autonomy, language imposition, and resource distribution.

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India News

Rahul Gandhi to join Congress’ Palayan Roko, Naukri Do march in Begusarai on April 7, asks Bihar youth to join White T-Shirt movement

“You too come wearing a White T-Shirt, ask questions, raise your voice – to put pressure on the government for your rights, to remove it,” he said.

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Congress leader and Lok Sabha LoP Rahul Gandhi announced on Sunday that he will visit Begusarai, Bihar, on April 7 to participate in the “Roko Palayan, Do Naukri” campaign. He took to X to share his plans, inviting the youth of Bihar to join him in the Yatra.

In his message, he addressed the youth, saying, “I will be in Begusarai on April 7 to stand with you in the ‘Roko Palayan, Do Naukri’ campaign. Together, we will showcase the resilience and struggles of Bihar’s young generation.”

He also encouraged attendees to wear white t-shirts to amplify their message and pressure the Bihar government. “You too come wearing a White T-Shirt, ask questions, raise your voice – to put pressure on the government for your rights, to remove it,” he said.

Gandhi stressed the importance of voicing their concerns over pressing issues such as unemployment, inflation, job reductions, and the privatization policies that disadvantaged the youth.

“Let us together make Bihar a state of opportunities,” the former Congress president said.

He referred to the campaign as the “Palayan Yatra,” inviting participants to come in their white t-shirts to represent the passion of Bihar’s youth and advocate for their rights.

Earlier on April 5, Gandhi raised concerns about the recently passed Waqf Bill, now an act, claiming that it “attacks Muslims” and sets a dangerous precedent for targeting other communities in the future.

Gandhi shared an article on X that suggested the Rashtriya Swayamsevak Sangh (RSS) has redirected its focus to land owned by the Catholic Church following the passage of the Waqf Bill.

“I had warned that the Waqf Bill targets Muslims now, but it paves the way for future attacks on other communities. The RSS wasted no time in shifting its attention to Christians,” Gandhi stated in reference to the article.

He emphasised the importance of the Constitution as the sole protector against such attacks, declaring, “It is our collective responsibility to defend it.” When the Lok Sabha passed the bill, Gandhi remarked, “This assault on the Constitution by the RSS, BJP, and their allies is directed at Muslims today, but it sets a precedent for future attacks on other communities.”

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Entertainment

Good Bad Ugly trailer: Ajith Kumar’s power-packed visuals, fiery dialogues set the stage for April 10 release

Ajith Kumar takes center stage in the high-octane trailer of Good Bad Ugly, directed by Adhik Ravichandran. The film is set for a global release on April 10, 2025.

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Ajith Kumar's Good, Bad, Ugly

The trailer of Ajith Kumar’s much-awaited action entertainer Good Bad Ugly has finally been unveiled and it’s nothing short of a mass-loaded spectacle. Directed by Adhik Ravichandran, the film is set for a grand worldwide release on April 10, 2025 and the trailer has only amplified the hype around this high-octane action drama.

Originally planned for a Pongal 2025 release, the film has been in the works since June last year and boasts a powerhouse ensemble cast featuring Ajith Kumar, Trisha, Arjun Das, Prabhu, Prasanna, and Sunil.

The trailer opens with Arjun Das in a suave villainous role, dancing alongside foreign performers to the folk tune Otha Rooba Tharen. His character directly challenges Ajith’s, branding himself as the real villain in the story. Soon after, Trisha’s character accuses Ajith’s of a past crime, sparking emotional turmoil that quickly turns into a mission for revenge and redemption.

Ajith’s character, in a fiery monologue, reveals his transformation — having given up smoking, drinking, and violence for his family — only to reclaim his old ways when his son’s safety is at risk. With electrifying action scenes, gripping face-offs, and a commanding presence, Ajith delivers one of the trailer’s strongest lines, warning an opponent that while they may retain their body parts, they won’t keep their life.

The trailer ends with the striking declaration: “Bad boy.”

The trailer’s scheduled release was briefly delayed due to what the production team called “MASS SAMBAVAM” — a response so overwhelming it caused server slowdowns. Eventually, the trailer dropped 20 minutes later, much to fans’ delight.

Produced by Mythri Movie Makers, the film features music by National Award-winning composer G.V. Prakash Kumar, cinematography by Abinandhan Ramanujam, editing by Vijay Velukutty, and intense stunt sequences choreographed by Supreme Sundar and Kaloian Vodenicharov.

With its high-voltage visuals, punch-packed dialogues, and Ajith in full form, Good Bad Ugly promises to be a box-office storm when it hits theatres on April 10.

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