China unveils world's fastest high-speed train prototype, to travel at 450 kmph
Beijing, Dec 29: China on Sunday unveiled an updated model of its high-speed bullet train which its manufacturer claims reached speeds of 450 kmph during the test runs, making it the world’s fastest high-speed train.
According to the China State Railway Group Co (China Railway), the new model, known as the CR450 prototype, will further shorten travel time and improve connectivity, making travel more convenient and efficient for the country's vast passengers.
The CR450 prototype reached a test speed of 450 kmph, with key performance indicators — operational speed, energy consumption, interior noise, and braking distance — setting a new international benchmark, official media here reported.
It is significantly faster than the CR400 Fuxing high-speed rail (HSR) currently in service, which operates at speeds of 350 kmph, a report by state-run Xinhua said.
China Railway will arrange a series of line tests for the prototypes and optimise technical indicators to ensure the CR450 enters commercial service as soon as possible, it said.
According to the latest official figures, China's operational HSR tracks have reached about 47,000 kms, connecting major cities in the country.
Though not profitable, China says the HSR network expansion has played a crucial role in the nation's economic and social development, reducing travel times and boosting industrial development along railway routes.
According to internal surveys, the Beijing-Shanghai train service was the most profitable, while the networks in other cities have yet to turn lucrative.
In recent years, China’s HSR exported its network in Thailand and Indonesia, and built the Belgrade-Novi Sad HSR in Serbia.
China’s Big Move!
— Shen Shiwei 沈诗伟 (@shen_shiwei) December 29, 2024
The world’s fastest and China’s new-generation high-speed train CR450 for commercial operation officially debut in Beijing.
The luxury and intelligent high-speed train will operate at a speed of 400km/h, faster than the current Fuxing which runs at 350km/h. pic.twitter.com/4i4BvUFF8E
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RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper
Mumbai (PTI): Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
The development is expected to make advances, including housing, auto and commercial loans cheaper.
Announcing the fifth bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to cut the short-term lending rate or repo rate by 25 basis points to 5.25 per cent with a neutral stance.
The rate cut comes on the back of the consumer price index (CPI) based headline retail inflation ruling below the 2 per cent lower band mandated by the government for the last three months.
India's retail inflation dropped to a historic low of 0.25 per cent in October 2025, marking the lowest level since the Consumer Price Index (CPI) series was introduced. Besides, the Indian economy has clocked better-than-expected GDP growth of 8.2 per cent in the second quarter.
However, the rupee declined to historic low and crossed 90 against a dollar earlier this week making imports costlier, raising fears of rise in inflation. Rupee has depreciated by about 5 per cent so far this year.
The RBI has sharply raised growth projection to 7.3 per cent from earlier 6.8 per cent for the current financial year.
The central bank has been tasked by the government to ensure that CPI- based retail inflation remains at 4 per cent with a margin of 2 per cent on either side.
Based on the recommendation of the MPC, the RBI reduced the repo rate by 25 bps each in February and April, and 50 basis points in June amidst easing retail inflation.
The retail inflation is trending below 4 per cent since February this year. It eased to historic low in October, aided by an easing of food prices and favourable base effect.
