Faced with acute shortage of skill, Britain has imported a dozen Indian engineers to carry out urgent work on its crumbling rail network and refurbish signal boxes dating back to the Victorian era.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
Railways Minister Sadananda Gowda will present his maiden Rail Budget on July 8 in Parliament.
DMRC-like SPV to be floated in a month for the Rs 98,000 crore Mumbai-Ahmedabad corridor.
Delhi Chief Minister Arvind Kejriwal has issued directions from the Enforcement Directorate custody to ensure that medicines and tests are available to people at all government hospitals and Mohalla Clinics, Health Minister Saurabh Bharadwaj said on Tuesday.
The 2800 kilometer rail route could be a critical component for the Bangladesh-China-India-Myanmar corridor that seeks cross border trade and flow of people
India's Railways has struggled to expand to keep up with demand
Incessant rains unleashed more death and destruction on Monday in parts of north India, with 37 people killed in landslides and other rain-related incidents in the last two days even as the Army and NDRF teams stepped in to intensify the relief and rescue operations.
A blanket of fog enveloped the national capital on Wednesday morning disrupting rail and air traffic even as the mercury plummeted sharply leaving Delhiites shivering.
Modi said that for nearly one and a half years he has been putting in place details of new schemes to give new pace to the country's development and curb poverty.
The project was announced by Prime Minister in September.
ISRO's Thiruvananthapuram-based Vikram Sarabhai Space Centre successfully conducted a series of drogue parachute deployment tests at the rail track rocket sled facility of the Terminal Ballistics Research Laboratory in Chandigarh during August 8-10.
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Despite being cheaper, the Chinese technology is not the preferred option.
Admitting that it was aware of China developing rail links in its border areas, including Tibet and Xinjiang Autonomous Regions, India said on Wednesday it keeps a 'constant watch' on all developments having a bearing on its security.
The double-line pilot section will be commissioned with an investment of Rs 1,000 crore.
The ruling Trinamool Congress in West Bengal demanded Railway Minister Ashwini Vaishnaw's resignation over the horrific triple train crash in neighbouring Odisha.
In a sharp reaction, India said such activities are "inherently illegal, illegitimate and unacceptable".
Among the proposals considered today includes a project to construct a railway link between Rohanpur and Singhabad to facilitate transit traffic from Bangladesh to Nepal through India. Railway ministry sources indicated that the ministry had no objections to opening the additional transit route to Bangladesh.
Delhi recorded a cold wave for the second consecutive day on Friday, with the minimum temperature at Ayanagar in southwest Delhi plunging to a numbing 1.8 degrees Celsius.
The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.
Out of over 70,000 personnel, 14,000 will be deployed at and around Kartavya Path for the security of the Republic Day parade, they said.
To float SPV, levy user charge on consumers to cover investment cost.
Forest land that will also be exempted includes land situated within 100 km along the international borders, Line of Control, or Line of Actual Control, proposed to be used for construction of strategic linear projects for national importance or security.
The rain ebbed in some places in north India and pelted down in others on Tuesday, with at least seven more people dead and hundreds stranded as raging waters gushed through villages, towns and fields -- from the desert state of Rajasthan to the hills of Himachal Pradesh.
The railways also rolled out its first orange coloured Vande Bharat Express from Kasargod to Thiruvananthapuram, a high demand route which now operates two such trains, a senior Indian Railways official said.
Abe Shinzo's murder is a personal loss for Prime Minister N D Modi, one of the Japanese leader's international friends -- Modi was the only world leader Abe followed on social media back in 2014 -- and the two prime ministers charted out a new road map for India-Japan relations that grew stronger in the Abe era and in the years since he stepped down.
Udayanidhi has handed over to the BJP one real issue to draw the line between it and the INDIA alliance, predicts N Sathiya Moorthy.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
Known as the "the world's most profitable high-speed rail," the Beijing-Shanghai high-speed railway covers more than 1,300 km within five hours.
In a few hours Union Minister Laloo Prasad Yadav will announce his first Rail Budget. Take the Rediff Business Quiz and find out how much you know about the Indian Railways.
'In Eastern Ladakh the Chinese attempted salami slicing.' 'Our response has been superb. Our military has responded magnificently.'
Way before the rains arrived at Talwandi Sabo Power plant in Punjab, the one check the coal ministry was carrying out was the availability of coal stock with the generator. Talwandi Sabo Power Limited (TSPL), the 1,980-Mw thermal power plant of Sterlite Energy, part of the Vedanta Group, which supplies about 15 per cent of Punjab's power, is one of the most difficult locations to manage coal supplies. It is nearly 1,700 km from the mines of Mahanadi Coalfields in Odisha, the longest coal route in India and possibly the trickiest as it cuts through the traffic heavy rail lines between Delhi and eastern India.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
India as a large country should have inter-modal connectivity, which will help us make travel easier, safer and seamless. That is how you will also gain. You will gain more money, make more revenues, says Praful Patel.
If the party's members aren't sure what it stands for, see no path to wealth or power, and endure control by a dynasty, which, almighty as it is within the party, cannot get them the votes, they are likely to explore options, notes Shekhar Gupta.
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
