Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.
'It could be a slightly unpopular choice because he hasn't scored even 1,000 runs in List A cricket.'
Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.
'The culture of mankind has been spread by the travel gene which pushes one in five people to have the curiosity to move to unknown destinations.'
TVF deserves credit for breaking its mould of picking and sticking to favourable and comfortable genres. Space Gen could serve as a launch pad for more exciting content to come, hopes Divya Nair.
Back in time, one of Gandhi's co-travellers, too, sat through the day at the Central station at Madras watching passengers pay bribes to procure their tickets.
Which were India's first companies that still exist today? Many trace their origins to over a century back. These venerable organisations are business entities. But they chronicle the beginnings of Corporate India.
Nitish Reddy fails with bat as Vidarbha take first-innings lead against Andhra
This is the second-worst performance by the pack during this period over the last five years since CY20.
Severe cyclonic storm 'Montha' has begun making landfall off the Andhra Pradesh coast, with the process expected to continue for the next three to four hours. The storm is expected to cross the coast between Machilipatnam and Kalingapatnam, near Kakinada, with wind speeds of 90-100 kmph.
'Making the railways better is a different type of a challenge.'
The Railway Ministry will deliver the advanced locomotives to the African nation over the next three years. Prime Minister Narendra Modi will flag off the first locomotive for export on Friday.
Highlighting the plight of train drivers, the note said loco pilots, especially those who drive goods trains, work 14 to 16 hours a day and get to go home after three or four days.
A building under construction at the Kannauj railway station in Uttar Pradesh collapsed on Saturday, trapping around two dozen workers under the rubble. Six workers have been rescued and rushed to hospital. Rescue efforts are ongoing with teams from the National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF) deployed at the site. Uttar Pradesh Chief Minister Yogi Adityanath has directed officials to ensure the safe recovery of those trapped and their proper medical treatment.
The station with the most annual revenue is CST Mumbai, followed by Dadar.
'China's basic purpose of taking the Shaksgam Valley was access to the Indian Ocean.'
Indian trains remain the greatest connecters linking hearts to the last mile.
Every passenger gets 55 per cent concession on train journeys, Railway Minister Ashwini Vaishnaw said regarding demands to restore pre-Covid fare concessions for senior citizens and media persons.
The Mahayuti alliance has released its manifesto for the upcoming Mumbai civic elections, promising technology-led governance, concessions for women, and addressing issues like illegal immigration and infrastructure.
The 7th Pay Commission recommendations are a major challenge for the Railways.
This simple document encapsulates a pivotal juncture in Dhoni's life when he served as a ticket collector
GE, Alstom land $5.6 billion deals to supply Indian Railways
'The Old Delhi railway station should be renamed Indraprastha Railway Station. Indira Gandhi International Airport should be renamed Indraprastha Airport. A prominent statue of the Pandavas should be established at key locations in Delhi'
Senior pros Rohit Sharma and Virat Kohli made a grand comeback to the Vijay Hazare Trophy, smashing centuries on the opening day of the one-day tournament on Wednesday.
There was no money, sponsors didn't make a beeline and foreign tours were an ordeal, but there were women of steel who believed in the old adage that "the show must go on." And Nutan Gavaskar was the first among equals, one of the torchbearers of the women's cricket movement in India back then in 1973.
Facing huge financial crunch, the Railways has invited suggestions from the general public to increase its revenue and reduce expenditure ahead of the upcoming Budget Session of Parliament.
Mohammed Siraj returned 17-3-56-4 to help Hyderabad bowl Chhattisgarh out for 283 on Day 1 of their Group D Ranji Trophy contest, in Hyderabad, on Thursday.
Independent, powerful tariff body the best medicine.
In a culture where children take up the profession of their father, her becoming a politician was seen as natural and acceptable.
Commonwealth Games medallist Jaismine Lamboria and two-time Asian Champion Pooja Rani secured gold medals at the Elite Women's National Boxing Championships
A ticket examiner has been booked after a woman fell to her death from a train in Uttar Pradesh. The woman's family alleges she was pushed, while other passengers claim she jumped.
'They are saying that there is a pilot shortage which is not correct, but if it was true, did they suddenly come to know this on December 5?' 'If they didn't have crew, why did they seek approval for a winter schedule? To get the approval, the operator has to show crew strength and also a buffer of crew available.' 'If they had a crew crunch, why did they ask for extra flights? Or was it something else that made them so sure that they would get away with this exemption and bans?'
The Central Information Commission (CIC) attains its full strength after nine years with the appointment of Raj Kumar Goyal as chief and eight other information commissioners.
Kavach 3.2 version is being installed on approved high-density routes, the railway officials said, adding that upgrading and installation of the latest version on new routes will go on simultaneously to cover a wider railway network in a shorter period.
Life remains a journey - so does investing. No short cuts, please.
Informing this in the Lok Sabha on Thursday, minister of state for railways K H Muniyappa said trials have been completed on trains and one power car of DMU train has been converted to run on duel fuel mode using CNG and diesel. Earlier, trial run has also been carried out successfully by Northern Railway on engines hauling local trains.
"The new upgraded Passenger Reservation System (PRS) will allow over 1.5 lakh ticket bookings per minute. This will be an increase of roughly five times from 32,000 tickets per minute in the current PRS," it added.
A Mumbai man managed to reach Guwahati on time for his wedding on Sunday, thanks to the help of Indian Railways. The groom and his relatives were travelling on the Gitanjali Express from Mumbai, which was delayed. They were worried about missing the Saraighat Express to Guwahati. A member of the wedding party posted a message on X, requesting help. The Howrah Divisional Railway Manager, acting on instructions from higher authorities, detained the Saraighat Express and ensured the swift arrival of the Gitanjali Express. The groom and his relatives were then quickly transported to the Saraighat Express by battery-operated vehicles. The wedding took place without further complications. The family expressed their gratitude to the Indian Railways for their assistance.
