Jun 01, 2015 at 09:33 | Source: Reuters
Prime Minister Narendra Modi's reformist, but hard-up government has begun a splurge on road and rail building that analysts say could remove doubts over whether economic growth in India really is overtaking China.
Mar 01, 2015 at 12:55 | Source: Moneycontrol.com
The budget this time around is so simple, apparently seems like an extension of the rail budget, though the Modi-fication seems apparent where efficiency improvement and make in India accompanied with health and cleanliness seem to be the motto.
Feb 28, 2015 at 11:34 | Source: Moneycontrol.com
Also in a bid to support and spur small and medium enterprises (SMEs), Jaitley proposed to set up a bank called Micro Units Development Refinance Agency (MUDRA Bank) with an initial allocation of Rs 20,000 crore, and credit guarantee corpus of Rs 3,000 crore.
Feb 27, 2015 at 08:55 | Source: Moneycontrol.com
Macquarie feels capital goods stocks are under owned and are best suited to play the India story, and that a pullback in the market would be a good thing
Feb 26, 2015 at 19:55 | Source: Moneycontrol.com
Sebi Joseph, Managing Director Otis India, shares with us his views on the Railway Budget
Feb 26, 2015 at 19:34 | Source: PTI
In its reaction, domestic ratings agency India Ratings said cement manufacturers will be hit the most by the hike in freight charges for ferrying cement (2.7 percent), coal (6.7 percent) and slag (2.7 percent).
Feb 26, 2015 at 16:13 | Source: PTI
He said the Budget is a watershed moment for Railways, marking a paradigm shift from discussing coaches & trains to comprehensive railway reform.
Feb 26, 2015 at 16:03 | Source: CNBC-TV18
Satish Chander - director general - Fertiliser Association of India says this will lead to higher subsidy. We are not being paid subsidy and out outstanding is more than Rs 40,000 crore, he told CNBC-TV18. He says the industry will suffer more.
Feb 26, 2015 at 15:32 | Source: PTI
Leader of Congress in Lok Sabha Mallikarjun Kharge and TMC's Dinesh Trivedi, both of whom are also former Railway Ministers, slammed the Budget for lacking in substance and merely "weaving dreams". "It's a nicely-worded Budget speech.
Feb 26, 2015 at 13:19 | Source: Moneycontrol.com
The minister added that east ticketing services with smart vending & e-ticketing will be made available for all. Taking Prime Ministers Swach Bharat campaign forward, Prabhu proposed to have toilets in 650 stations and repair 17000 toilets.