Capital expenditure by 54 large CPSEs, key depts rose 93% in April-May

Capital expenditure by 54 large central public sector enterprises and five departmental arms, having a capex minimum target of Rs 100 crore, rose 93 per cent year-on-year (YoY) in the April-May......

Ladakh stand-off: Railways cancels Chinese contract

Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016. Amid the India-China faceoff......

Railways cool to Montek critique

The Ministry of Railways has sat for three months on a strong recommendation of the Planning Commission to redo the supervision of the Dedicated Freight Corridor Corporation of India Ltd. Montek......

Why tender for 44 Vande Bharat trains are cancelled

Sources said the railways is keen to ensure that a purely domestic entity bags the tender and once it was felt that the Chinese JV was a frontrunner for the project, it was scrapped. The Railways......