Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.
The first ever air-conditioned suburban local for Mumbai, which was flagged off from Integral Coach Factory in Chennai on March 31, has finally arrived in the metropolis, and its trial run would take place within a week, said a senior Central Railway official on Tuesday.
Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
The cement industry continues to present a puzzle to investors.
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
E-Samiksha can be used for monitoring the infra target.
Biden said over a year later Russian President Vladimir Putin has "failed and he continues to fail".
Union Minister Ravi Shankar Prasad has justified the Narendra Modi government's move to raise the rail fare by 14.2 per cent, saying it was a result of the policies undertaken by the previous United Progressive Alliance government. In an exclusive interview to CNN IBN, Prasad blamed the UPA II government for leaving Indian Railways in shambles, adding that his government never knew that the railways was bleeding, thanks to the Congress-led regime.
Railway Minister Pawan Kumar Bansal did not hike passenger fares.
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we are facing a situation of empty coffers but eagerness to expand.
Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.
Ugly scenes were witnessed in the Lok Sabha on Tuesday when Bharatiya Janata Party and Trinamool Congress members came to the verge of a clash over the Railway Budget whose withdrawl was demanded by members from West Bengal.
The Railway ministry has been allocated budgetary support of Rs 140367.13 crore in the Union Budget on Tuesday - Rs 20,311 crore more than the revised figures of the previous fiscal. Overall, the national transporter is set to get a capital expenditure (CapEx) push of Rs 2.45 lakh crore in the financial year 2022-23, 14 per cent higher than the budgeted capital expenditure of Rs 2.15 lakh crore for the current financial year. Finance Minister Nirmala Sitharaman in her Budget speech for 2022-23 said that India will manufacture 400 new, energy-efficient Vande Bharat trains in the next three years.
The funding for Metro Railway projects will be hiked by 5 per cent.The Kolkata Metro will be extended inside the city.
India's cargo trains run at 19-30 km an hour, they run at 120 km in China - and the difference is only growing.
A passenger on Guwahati-bound Rajdhani train found that the vegetarian dish he ordered contained pieces of bones.
The opposition also made it clear that they have taken over the state-wide protest against SilverLine and would continue the agitation till the government withdraws from the initiative which they termed as "destructive" for the southern state.
Rlys plan 50 garib raths, 450 AC trains; SPVs planned for wagon manufacture for freight corridors.
The cross-Line of Control surgical strikes, policy towards Pakistan, the situation in Jammu and Kashmir, besides One Rank, One Pension and the plight of farmers were also among issues that were raised at the meeting with parties demanding discussion on them.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
She said that the budget will have approach for 'inclusive growth' and expansion of rail network to take development to every corner of the country.
The government on Wednesday said it will raise Rs 72,500 crore through disinvestment of PSUs, including listing of three railway PSUs IRCTC, IRFC and IRCON, and proposed merger and consolidation to create globally competitive public sector units.
'The Triber, which sits between the Kwid and the Duster in the Renault portfolio, is an affordable option for those who have their sights set on a multipurpose vehicle and want to get something different from, say, a Maruti Suzuki Ertiga,' says Pavan Lall.
Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.
Budget in the medium term aims to kick-start the investment cycle.
Delhi Chief Minister Arvind Kejriwal says surge pricing is daylight robbery and no responsible govt can allow that.
Stocks to watch: ACC, Ambuja Cements, India Cements, Shree Cement, Ultra Tech Cement.
Effective from midnight of January 21, the hike will help railways earn an additional Rs 6,600 crore a year. Railway Minister P K Bansal said it was imperative.
President Pranab Mukherjee addressed a joint session of Parliament ahead of the budget session which began on Tuesday. Here are the highlights of President Pranab Mukherjee's speech:
The service will be launched on a few select trains to facilitate passengers to contact onboard staff through SMS or phone call for complaints related to cleanliness in coaches, toilets and other problems faced during journey.
'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
NDA government has shunned populism.
Modi, who addressed a public meeting in Hyderabad after laying foundation stone and inaugurating several development projects, also said the lack of cooperation from the state government is leading to delay in the completion of several central projects in Telangana.
He was asked if there will be any roll back in the hike in passenger fares.
Presenting the Railway Budget for 2010-11 in the Lok Sabha on Wednesday, Railway Minister Mamata Banerjee said that there will be no hike in freight tariff.
The Indian Railways will set up mobile e-ticketing centres at hospitals, universities, courts, Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs), district headquarters and village panchayats, Railway Minister Mamata Banerjee said while presenting the Budget on Wednesday.
Modi govt faces extra spending burden due to policies like 7th Pay Commission and OROP
Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.
