India should not miss the opportunity to develop high-speed railway.
Middle age is the boot stamping on our face, says Shougat Dasgupta.
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 agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
Markets are poised for excellent growth, provided reforms continue to roll
The 30-share Sensex ended down 261 points at 28,747 and the 50-share Nifty ended down 83 points at 8,684.
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.
Whatever the claims about the new GDP numbers being technically superior to earlier estimates, their public credibility depends on their passing some reality checks, argues T N Ninan.
The slowdown is especially pronounced in rural areas, which have suffered two consecutive dry years.
The high-speed train line in a region already well-connected by rail, road and airways may have to struggle to stay viable
Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.
The project, the foundation stone for which was laid by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe in September 2017, is facing resistance in eight districts of Gujarat, through which the train will run.
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.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The government is following a path where it will not be irresponsible or profligate with public money but will intervene in the interest of the poor
The central bank's currency management will be critical over the next few months. A weaker rupee could help to revive exports. But, the currency must fall slowly and in controlled fashion, says Devangshu Datta.
Train passenger fares may soon be linked to inflation rate, sources say, adding that the new model may be based on the Wholesale Price Index.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
'My brave JCO managed to get to the gun, sit on top of the dead man and fired away at the attacking aircraft till they melted away into the darkness.'
They will grow at 5.8 per cent a year.
Government allows duty-free import of 500,000 tonnes raw sugar till June 12. At present, India levies an import duty of 40% on sugar
Total fuel subsidies accounted for less than 1 per cent of GDP and under 3 per cent of total government expenditures in FY14.
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
The Railway Budget has impressed industry watchers.
Bihar became the first non-NDA state and overall second after the BJP-ruled Assam to pass GST bill.
Refuting all the allegations, IOC has clarified that no monopolistic situation exists in supply and pricing of aviation turbine fuel (ATF) to airlines.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Modi government must fix policy paralysis.
There is continued shift by passengers from rail to other modes of travel, thanks to improvement in road connectivity and the shrinking differential in high-end rail and low-end air travel.
We still have time for this government to take action.
Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world, says T N Ninan.
India has undermined its own credibility.
The new national income numbers produced by the Central Statistics Office (CSO) have elicited two kinds of reaction.
For now, the upside appears to offset damage done to exports by weaker global demand.
Signs of a strong pickup in hiring by companies are adding to the rosier outlook for Indian households.