Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
The thrust will be on improving connectivity in economic corridors and remote and border areas with a view to hike trade and enable faster movement of cargo.
Stocks to watch: ACC, Ambuja Cements, India Cements, Shree Cement, Ultra Tech Cement.
The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations.
Expect Modi to speak about internal security, terrorism, agriculture, the Triple Talaq Bill, the SC/ST Bill and, of course, the controversial NRC.
Moody's expects tax to be lower than the multitude of taxes such as sales tax, excise duties, local taxes, and value-added taxes the automobile sector currently pays
With audits and greater emphasis on anti-evasion measures, more tax demands will lead to more litigation. So, it is a bit early to start celebrating. GST is still work in progress.
In the history of Indian railway budgets, Suresh Prabhu will perhaps be the first railway minister not to have announced either a single new train or a new railway line
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
The total earnings in Q1 rose 14.54 per cent, while working expenses grew at a measly 4.22 per cent.
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
The slowdown is especially pronounced in rural areas, which have suffered two consecutive dry years.
In the 12-month cycle starting July 2013 and ending June 2014, World Bank had made financial commitments close to $5.2 billion in India.
Indian cotton and paddy could see their competitiveness in international markets take a hit
It will also provide support to the government for finalising the financial and implementation models.
The price of non-subsidised LPG, which customers buy after using up their quota of 12 subsidised cylinders, was raised to Rs 922.50 per 14.2-kg cylinder in Delhi on July 1, the first hike in six months.
The President said low cost airports would be developed to promote air connectivity to smaller towns.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
The manifesto proposes to launch a Sagar Mala project to set up new ports and upgrading the existing ones and "stringing them together".
The Crisil study covered 600 companies excluding financial services and oil companies, representing 71 per cent of the overall market capitalisation of India Inc.
Refuting all the allegations, IOC has clarified that no monopolistic situation exists in supply and pricing of aviation turbine fuel (ATF) to airlines.
"We will be guided by our national interest," he said.
Colombo can handle more container traffic than all of India's ports put together. For a country with a long maritime tradition, this is a pathetic state of affairs, saya T N Ninan.
Besides facilitating travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region.
The long and irritating experiences of booking train ticket through IRCTC website seems to be a thing of past now as the Railways on Wednesday launched the next generation e-ticketing system enhancing the booking capacity to 7200 tickets per minute and making the whole process much faster and easier.
The Bullet train is a childish desire to join an elite club at the cost of 99.9 per cent of rail passengers, says S Pushpavanam.
Raiwalys in existential crisis but no stock market route: Prabhu.
Many of the tragedies occurred in the dark, which is when it is cooler to walk, and many people were caught in their sleep. The combination of no traffic and speeding vehicles has led to havoc, endangering the lives of those who found themselves without work or money in the coronavirus-induced lockdown and were frantic to get home, any which way.
The President said that for rapid creation of jobs in the manufacturing sector, the government will strategically promote labour-intensive manufacturing.
Force India, who finished sixth overall last year but whose owners have had financial troubles, missed the first test in Jerez.
Of all the markets in which politicians interfere with prices, the land market is probably the last that will be reformed, says T N Ninan.
Last date for submitting the offer is August 27.
Wholesale prices too rose at the same pace to 45-55 per kg in the national capital and other states.
The first Railway Budget of this Bharatiya Janata Party-led National Democratic Alliance government is a cosmetic exercise, high on rhetoric and low in substance, the CPI-M said.
Railway Budget has not discriminated against any state.
Aramco Trading Co, a subsidiary of state oil giant Saudi Aramco, offered 2.8 million barrels of ultra low sulphur diesel for loading in late July to early August
In his second national broadcast in a week on the pandemic raging across much of the world with the number of infections rising in India, Modi made a fervent appeal to the countrymen not to cross the 'lakshman rekha' of their homes in the next three weeks.
Product launches to drive incremental volume growth for players such as Maruti Suzuki; medium and heavy commercial vehicle revival on track.
