Railway Minister Suresh Prabhu said that the common people have always been the focus of all initiatives by the Indian Railways.
'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
'If private capex has to kick in, there should at least be 2-3 years of visibility.'
At an event at Chhatrapati Shivaji Maharaj Terminus in south Mumbai, Modi first flagged off the the CSMT-Solapur Vande Bharat Express and later another semi high-speed train linking the financial capital to Sainagar Shirdi temple town in Ahmednagar district.
As a percentage of the aggregate Budget expenditure, it is 12 per cent.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its interest rates.
Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways. She also said the asset monetisation does not involve selling of land and it is about monetising brownfield assets. Projects have been identified across sectors, with roads, railways and power being the top segments.
Institutions will wait till there is more clarity on Budget.
Debates on changing the name of India to Bharat continue to spark a crisis of identity without answering moot questions that stare us in the face. Ramesh Menon asks a few of those questions that do not have easy answers.
Modi knows that the BMC elections are critical for his party which has never won a majority in the city's 227 wards.
The road ministry has put forward two proposals before the Prime Minister's Office and the finance ministry.
At the first meeting of Governing Council of NITI Aayog on Sunday, Prime Minister Narendra Modi will seek views of Chief Ministers.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Spotlight likely on cement, metals, road cos
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
The record of other prime ministers too shows how much can change when a prime minister is faced with the two-year challenge, says T N Ninan.
Modi's government sees itself in a sweet spot with spare cash.
The finance minister's Budget presentation is a sombre affair, yes, but it wasn't as if the Lok Sabha was all serious through the speech.
Money will be earmarked for the social sector - especially rural districts that house three-fifths of voters
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Opposition parties on Friday criticised the government's decision to hike railway fares terming it as "criminal" to burden the people with such an increase and questioned as to why Parliament was not taken into confidence before taking the step.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
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.
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange market.
Hussain said the new government had inherited an "empty treasury" while the prices of oil were shooting up.
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
The Budget has evoked mixed reactions from Silicon Valley investors.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
This will encompass the sale of Air India, a number of other privatisation initiatives, mergers, initial public offerings, the Centre's two exchange-traded funds, buybacks and offers-for-sale, and even monetisation of land assets.
Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.
The Reserve Bank may cut key interest rates as early as this week.
Amid protest over the proposed ambitious semi-highspeed SilverLine rail project, also known as K-Rail, the Kerala government on Saturday published the detailed project report that estimated the cost of project to be Rs 63,941 crore.
Modi claimed that some other parties were also helping the opposition alliance from behind but any vote for them will take Tripura several years backward.
Prime Minister Narendra Modi has rejigged his team only once, in July 2021, in his second term, unlike in his first stint, when he reshuffled and expanded his council three times.
Hygiene and cleanliness of trains and stations a must
Most expect the Budget to be path-breaking.
The government had no option but to cut spending to meet its borrowing targets.
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