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    Railway Budget 2024

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    • At Rs 2.52 lakh cr, Budget 2024's allocation for Railways remains unchanged from interim Budget, rises 5% on year

      At Rs 2.52 lakh cr, Budget 2024's allocation for Railways remains unchanged from interim Budget, rises 5% on year

      Railway Minister Ashwini Vaishnav told reporters on July 23 that out of the total budget allocation Rs 1.08 lakh will be used to boost railway safety in 2024-25.

    • Railways mentioned only once, allocation maintained in 2024-25 Budget

      Railways mentioned only once, allocation maintained in 2024-25 Budget

      Railway stocks like RVNL, IRFC, Ircon International, RailTel Corporation of India, and Texmaco Rail & Engineering fell around 1-5 percent after FM Sitharaman's Budget Speech concluded on July 23

    • 5 railway stocks to watch out for in Budget 2024

      5 railway stocks to watch out for in Budget 2024

      With the government expected to keep the focus on infrastructure, the railways is likely to see a higher allocation in the Budget

    • Railway Budget 2024: Industry hopes for higher allocation; these rail stocks are in spotlight

      Railway Budget 2024: Industry hopes for higher allocation; these rail stocks are in spotlight

      Railway Budget:While Vande Bharat trains and bullet train projects capture headlines, concerns about operational safety remain in the spotlight

    • Railway industry looking for higher spending on technology, cargo capacity in Budget for 2024-25, eyeing PLI scheme for railway components

      Railway industry looking for higher spending on technology, cargo capacity in Budget for 2024-25, eyeing PLI scheme for railway components

      Industry participants are calling for infrastructure upgrade, as industry experts seek a higher focus on railway safety.

    • Biggest India fund sees budget arming central bank with liquidity tool

      Biggest India fund sees budget arming central bank with liquidity tool

      MSS bonds are issued by the government outside the normal borrowing program to enable the Reserve Bank of India soak up liquidity. The proceeds are kept in a separate fund and not used for government spending.

    • Fresh deposit rate repricing overtakes repricing of lending rates: Eco Survey

      Fresh deposit rate repricing overtakes repricing of lending rates: Eco Survey

      Bankers say the mismatch between deposit rate hikes and increase in lending rates may be attributed to the stiff liquidity conditions and steep competition in the market.

    • Consumer price index base to be revised to 2024; producer price index to be expedited

      Consumer price index base to be revised to 2024; producer price index to be expedited

      WPI, CPI estimates are over a decade old

    • Indian Railways passenger traffic still struggling to overcome pandemic woes says Economic Survey 2024

      Indian Railways passenger traffic still struggling to overcome pandemic woes says Economic Survey 2024

      Going forward projects for three major corridors viz. (1) High-traffic density corridors, (2) Energy, Mineral and Cement Corridors and (3) Rail Sagar (port connectivity) corridors are also planned to reduce logistics cost, carbon footprint and boost railway freight volumes.

    • Budget 2024: Railway industry calls for infrastructure upgrade, experts seek safety focus

      Budget 2024: Railway industry calls for infrastructure upgrade, experts seek safety focus

      Industry participants also want the central government to come out with a production-linked incentive scheme to boost the production of railway ancillary parts in India.

    • Budget wish list: Pharma industry seeks tax benefits, effective intellectual property rights regime

      Budget wish list: Pharma industry seeks tax benefits, effective intellectual property rights regime

      Outlining the sector's wish list for the upcoming Union Budget, Organisation of Pharmaceutical Producers of India (OPPI) Director General Anil Matai urged the government to explore methods to incentivise R&D investments, such as deductions on R&D expenses, research-linked incentives for MNCs, and corporate tax concessions.

    • Budget 2024-25: Railway stocks on a bull ride as analysts predict higher allocation of capital

      Budget 2024-25: Railway stocks on a bull ride as analysts predict higher allocation of capital

      CareEdge Ratings anticipates a budgetary allocation of around Rs 3 lakh crore for the railway sector in Union Budget 2024-25, reflecting a 25 percent increase from the previous year

    • Union Budget 2024: What to expect for railway sector

      Union Budget 2024: What to expect for railway sector

      The rail stocks are expected to keep the momentum in 2024 as well, as the sector is likely to see higher allocation in the next year’s budget

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