While this benefit of easing fuel cost should have been passed on to consumers through the review of FAC due this month, the Railways does not intend to revise freight and passenger fares until the next Budget to be presented in February.
Using available government data, the team is targeting $30-40 billion worth of iron and steel products that are imported into India.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.
A comparative analysis of the two companies' rankings on three parameters reveals why ONGC slipped in ranking
The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.
Under current laws, a company cannot sell mines but only transfer leases when it is acquired by another firm.
The banks argue since the scale of credits is unforeseen, they will have to bear an unknown cost of servicing these accounts.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
There is continued shift by passengers from rail to other modes of travel, thanks to improvement in road connectivity and the shrinking differential in high-end rail and low-end air travel.
The new system will entail a periodic revision in the price of subsidised LPG cylinders so that the subsidy remains fixed.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Lack of clarity on the overhaul of the subsidy-sharing mechanism by upstream companies.
With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.
It is up to the government to take a decision on this before it starts auctioning.
The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it.
The Supreme Court is expected to deliver its final verdict on coal mine allocations later this week.
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances