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Despite being cheaper, the Chinese technology is not the preferred option.
Cash-rich China is looking to outwit rival Japan by pledging to invest billions of dollars in India's railway, manufacturing and infrastructure projects during President Xi Jinping's maiden visit to the country this week.
India's move to opt for Japanese bullet trains on the Mumbai-Ahmedabad route had raised concerns in China which is competing with Japan to build high-speed rail networks in India.
Moving ahead with the economic reforms, the Cabinet tonight cleared the long-delayed proposal for raising FDI limit in defence to 49 per cent and fully opened up the railway infrastructure segment, like high-speed trains, for foreign investment.
India is currently considering two corridors for high speed trains.
Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.
PlanCom makes presentation with secretaries of key ministries in tow.
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we are facing a situation of empty coffers but eagerness to expand.
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.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
Newly launched Vistara has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines.
Japan offers India soft loan for $15 bln bullet train in edge over China
'While economic ties are making incremental progress, it is in the security and strategic domains that the India-Japan synergy is more compelling,' says Dr Rajaram Panda.
Like Jamshedpur, many Indian cities that have been and will be properly planned can be smart cities of the future.
'The politician in him saw to it that the foundation stone was laid in Ahmedabad in the run-up to the assembly election in Gujarat in 2017.' 'But the statesman in him also wants it to be his legacy.'
Vistara was launched on January 9.
Vistara reported a passenger load factor of 45.4 per cent.
For India, it is business as usual with the government muddling along.
Hyderabad-based Turbo Megha Airways takes off, promising affordable fares and other benefits.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
'Go to any village, you'll find a Dalit 15 years and above wearing jeans.' 'Earlier, Dalits were not allowed to wear a dhoti till the ankles. Jeans does not have this kind of restrictions or design. It is universal. So Dalits have also entered a caste neutral clothing zone.' 'Wherever you see Dr Ambedkar's statue in this country or abroad, he is always wearing a suit and with that English comes naturally. The Dalits' veneration of Western dress is very intense,' Dalit thinker Chandrabhan Prasad tells Archana Masih/Rediff.com
India should not miss the opportunity to develop high-speed railway.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
'Modi and Abe are working seriously for India-Japan bonhomie to grow stronger.' 'It is a win-win situation for both countries and the future look promising,' says Rajaram Panda, the Indian Council for Cultural Relations India Chair Visiting Professor at Reitaku University, Japan.
The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
'We need uranium to fuel our reactors. Our scientists and engineers have been handling uranium safely since 1967. They must not feel disheartened by the activities of well motivated local or foreign agencies.'
A drunken conversation tipped off Thane Crime Branch detectives to the unprecedented scam targeting unsuspecting Americans from call centres in Thane.
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