New Delhi: Railway Minister Suresh Prabhu faces a stiff dilemma on whether to raise fares and freight rates in his second Rail Budget tomorrow as railway finances come under tremendous strain.While the falling revenue collection
New Delhi: The resources of Railways are "constantly dwindling" as freight and passenger fares are not being decided in an optimum manner, the government said in the Lok Sabha today.Responding to supplementaries during Question Hour,
New Delhi: Ahead of the Railway Budget, industry body Assocham has asked Railway Minister Suresh Prabhu to muster political courage and go in for a hike in the passenger fares, saying they have been kept
Mumbai: In order to enhance economic cooperation and strengthen financial stability, RBI has extended the USD 2 billion currency swap arrangement to SAARC nations till mid-November 2017.The Reserve Bank said in a notification today that
New Delhi: Ahead of India's budget for the next fiscal, Moody's Investors Service today said the country's fiscal position will remain weaker than other emerging economies in the near term even if fiscal consolidation continued
New Delhi: Union Railway Minister Suresh Prabhu may announce introduction of new colour scheme and gradual replacement of coaches of Shatabdi trains with those to be used in semi-high speed trains.State-of-the-art furnishing of coaches and
New Delhi: Terming the Pradhan Mantri Jan Dhan Yojana (PMJDY) as "the world's most successful" financial inclusion programme, President Pranab Mukherjee today said Rs 32,000 crore worth of deposits have been mobilised from over 21
New Delhi: Describing India as "a haven of stability" in a turbulent global economy, President Pranab Mukherjee today said the government has simplified procedures for approvals, repealed obsolete laws and put in place a non-adversarial
Washington: US President Barack Obama today supported India's massive energy needs necessary for its economic growth to address the challenges of poverty, while stressing on the need to pass on clean coal technologies to fight
Delhi: Government will sell 5 per cent stake in India's largest power producer NTPC on Tuesday at a floor price of Rs 122 per share to raise Rs 5,029 crore.The stake sale would be spread
New Delhi: From average tax-payers and rail commuters to global investors and analysts, all eyes for the next seven days are on two crucial Indian budgets to be tabled by the ministers overseeing the finance
Vijayawada: Andhra Pradesh has achieved double-digit growth in the current fiscal, with 10.5 percent growth up to December 31, a senior official said today.The growth in 2014-15 was 8.39 percent at constant prices, against India's growth
New Delhi: Hitting out at older carriers, top industrialist Ratan Tata on Sunday accused them of lobbying and using "monopolistic pressures" to retain preferential treatment under the controversial 5/20 rule that restricts overseas flying by
Chhatisgarh: Prime Minister Narendra Modi on Sunday said five crore houses will be built for the poor by 2022 as he laid the foundation stone of 'Pradhan Mantri Awas Yojana' here.He stressed on the need
New Delhi: The Union Budget for the next fiscal (2016-17), to be presented on February 29 by Finance Minister Arun Jaitley, should earmark enough funds for investing in infrastructure that will drive growth, a survey
New Delhi: The uplift of the poor, progress of farmers and employment for the youth will be the focus of the upcoming budget, Minister of State for Finance Jayant Sinha said in a Youtube post
Hyderabad: For the first time in five years, revised revenue and expenditure estimates for 2015-16 are expected to be higher than the budget ones, says Infosys' former top executive T V Mohandas Pai.He, however, stressed
Mexico City: Thursday saw a new front opened in the battle against the Zika virus as the World Bank entered the fray, pledging $150 million for Latin America and the Caribbean to help fight the
New Delhi: Media major Viacom18 and DIPP have joined hands for the Start Up India initiative to launch an outreach programme aimed at young entrepreneurs.Under the 'MTV KICKSTART' programme, the company will launch an annual
Vishakhapatnam: Union Minister for Communication and Information Technology Ravi Shankar Prasad on Thursday said Andhra Pradesh would be developed as a major electronics hub, and announced several initiatives planned in this direction."Andhra Pradesh would become
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