Working on target to become $5-10 trillion economy: Modi

India will be among the top three economies in the world in his third term, Prime Minister Narendra Modi said in Surat on Sunday after inaugurating the sprawling Surat Diamond Bourse, which he said......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

President Pranab's address to Parliament: The transcript

President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political,......

Rail freight corridors to get more money

With work on the railways’ dedicated freight corridors set to pick up, the government is likely to increase budgetary allocation to the project in 2012-13. A good portion of the enhanced......

India, Japan positive on freight corridor loan

While the dedicated freight corridor project is not showing any signs of taking off, the railway ministry officials say talks with Japan for a Rs 20,000-crore (Rs 200-billion) loan for the project......

Railways need 11,100 acres for freight corridor

The Railways will need to acquire about 11,100 acres for constructing the Rs 22,500-crore dedicated freight corridor which will pass through eight states - Maharashtra, Gujarat, Rajasthan, Haryana,......

World Bank to lend $650 million for Indian rail project

Indian Railways has struggled to expand to keep up with demand The World Bank said on Wednesday it had cleared a $650 million loan for a huge Indian freight rail corridor that will span 1,840 kms......