Beijing (AP): An explosion at a fireworks shop in China's Hubei province on Wednesday killed 12 people, state media reported, the second such explosion as the country celebrates the Lunar New Year.

Emergency responders put out the blaze at the fireworks shop in the town of Xiangyang, in central Hubei province, on Wednesday afternoon, according to the official Xinhua News Agency.

Investigators are now looking into the cause of the explosion, the report said without giving further details.

Fireworks are a large part of the Lunar New Year celebration in China, but their use has also been the cause of multiple accidents.

On Sunday, another accident at a fireworks shop in eastern Jiangsu province killed eight people and injured two. Authorities had said a resident had set off fireworks near the shop.

The central government warned of the dangers in a statement Tuesday, saying that "fireworks are still the biggest risks during the Spring Festival period," according to the Ministry of Emergency Management.

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New Delhi (PTI): The Railways has saved Rs 6,000 crore by shifting from diesel to electric energy to run trains, Railway Minister Ashwini Vaishnaw informed the Lok Sabha on Tuesday.

Responding to a debate on demands for grants of the Railway Ministry, he also said that the national transporter has become the second largest cargo carrier in the world.

Vaishnaw said that during the tenure of Prime Minister Narendra Modi's government, 35,000 km of railway track has been laid while 27,000 km has been electrified.

He said while staff cost is the biggest expenditure of the Railways, energy is the second biggest expenditure.

He noted that in coming times diesel locomotives will fade away making way for electric locomotives.

Vaishnaw said since the Modi government came to power in 2014, politics of performance has taken over from politics of vote.

He said that in a visionary decision, PM Modi had decided to merge the railway budget with the general budget which has led to increase in financial allocation for his ministry.

Now, new trains are inaugurated and new projects are launched throughout the year, which was not the case earlier. Railways' financial health has increased and so has transparency in publishing accounts, he said.

Vaishnaw noted that the Finance Ministry and other agencies keep a tab on monetary health using IT systems.

As many as 210 MPs participated in the debate which lasted two days.