Last Updated: Thursday, February 26, 2015, 21:23
The Railway Budget Thursday allocated more funds to the North West Railway (NWR) for the next fiscal year (2015-16) as compared to the last year's allowance given to the section, officials said here.
Last Updated: Thursday, February 26, 2015, 21:20
Railway Minister Suresh Prabhu`s maiden budget failed to garner investor confidence, as a majority of stocks associated with the railways plunged in Thursday`s trade session.
Last Updated: Thursday, February 26, 2015, 19:14
Each of the five BRICS member countries will have equal shareholding in the New Development Bank and US Dollar will be base currency for the lender, External Affairs Minister Sushma Swaraj said today in Rajya Sabha.
Last Updated: Thursday, February 26, 2015, 19:07
Bharti Airtel has raised Rs 1,925 crore (approximately USD 310 million) by selling 55 million shares in its subsidiary Bharti Infratel Limited in an equity market transaction, a company statement said here Thursday.
Last Updated: Thursday, February 26, 2015, 18:55
Tata Steel on Thursday said it expects Finance Minister Arun Jaitley will take necessary measures in the upcoming Union Budget to rein in rising steel imports for making the domestic industry competitive.
Last Updated: Thursday, February 26, 2015, 18:47
Suresh Prabhu's maiden Railway budget is high on vision and small announcements, but could push up cost of logistics that can hurt initiatives like the 'Make in India' campaign, analysts said today.
Last Updated: Thursday, February 26, 2015, 18:22
Terming the Rail Budget as "pragmatic", India Inc today welcomed the larger role envisaged for the private sector and said various measures proposed would bring in higher efficiency and improve ease of doing business.
Last Updated: Thursday, February 26, 2015, 18:20
Stocks of cement, fertiliser and steel companies suffered losses today following the proposal to hike rail freight by up to 10 percent amid concerns that the firms will not be able to fully pass on the higher rates.
Last Updated: Thursday, February 26, 2015, 17:44
An official of state-run miner Coal India said that the impact of freight rate hike would be on the landed cost of coal.
Last Updated: Thursday, February 26, 2015, 17:40
In 2014-15 (revised estimate), the revenue from movement of goods will rise to Rs 1,06,927 crore from Rs 93,095 crore in the previous year, according to the Rail Budget document.
Last Updated: Thursday, February 26, 2015, 17:30
He said the budget is a watershed moment for the railways, marking a paradigm shift from mere announcement of number of trains to a comprehensive railway reform.
Last Updated: Thursday, February 26, 2015, 17:27
Share prices of companies that cater to the railway sector plunged by up to 7 percent Thursday after the Rail Budget 2015-16 failed to boost investors' sentiment.
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