Magnets on the track push and lift the train up in the air by about 1 inch to 6 inches
Likely to be merged with Union Budget from FY18
Oil India is set to usher in a new era with a road map drawn to ramp up production and diversification plans to foray into liquefied natural gas
The focus is now on having premium service to give passenger comfort and increasing train speeds.
The phased increase of prices is being done to sell the fuel at international prices.
The amount constitutes 45 per cent of the railways' total wage bill.
Experts say Prabhu displays a clear intent of reforms but has not been able to fully shake-up the mammoth railway system.
The price of the Indian basket of crude oil jumped as much as 78 per cent to cross $50 a barrel last week, from a multi-year low of $28 in January.
Despite these successes, Railway Minister Prabhu has had his share of criticism.
US-based $40-billion industrial goods giant Honeywell has just launched its 16th plant, a hydrocracker unit with application in oil refining, in India. The two years of Modi government have been full of optimism and energy, Anant Maheshwari, president, Honeywell India, and Steve Gimre, managing director, UOP India, tell Sudheer Pal Singh.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
The Railways plans to float an independent fund.
The prohibition has freed up as much as 60 million litres of ethanol
Talgo's Series 9 locomotive to cut Delhi-Mumbai travel time to 12 hours
Refuting all the allegations, IOC has clarified that no monopolistic situation exists in supply and pricing of aviation turbine fuel (ATF) to airlines.
Officials said the oil marketing companies had provided data to the Income Tax department.
The move is expected to bolster India's energy security.
Locally manufactured coaches can achieve similar speeds as Talgo trains.
Urban mass transit authority to be set up; it will act as nodal agency for planning and coordination of project related works.
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances