Rail Budget

In 2024, the minerals and metals industry is expected to fill production gaps and reduce dependence on imports, helped along by policy reforms and government incentives.

Rail Budget high on investment, low on realism 

There is nothing in the budget which indicates that the national carrier is addressing its major handicap – having to spend over half of its earnings on staff costs and pensions 

Budget 2019: Govt rolls out PPP model for faster development of railways projects

Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects

Flashback 2017 - A Landmark Year For The Indian Economy

In many ways, 2017 was a landmark year for the Indian economy

Budget 2017 had 'shortest list of bad news': Ridham Desai

Speaking to CNBC-TV18, Ridham Desai, Head of India Equity Research and India Equity Strategist at Morgan Stanley, said that Finance Minister Arun Jaitley had resisted the temptation to plant bombs in the fine print of the Budget.

Budget is growth oriented, adheres to fiscal prudence: Prabhu

A new era has begun by not only adhering to fiscal prudence but also bringing social equity at the same time, Prabhu said after the presentation of the General Budget by Finance Minister Arun Jaitley.

Budget 2017: PM Modi reacts to Arun Jaitley's Budget 2017

Watch the accompanying video where in PM Modi reacts to Arun Jaitley's Budget 2017.

Railway Budget: Railways to have special safety fund of Rs 1 lakh cr

With railways plagued by repeated derailments, government today proposed setting up of a special safety fund of Rs 1 lakh crore that will cover upgradation of tracks and signalling besides elimination of unmanned level crossings.

Union Budget 2017-18: J Kumar Infra up 5% on 25 stations redevelopment plan

Finance Minister Arun Jaitley in Union Budget 2017-18 has announced that the contract for re-development of atleast 25 stations will be awarded in 2017-18.

Rail stocks decline 3-5% ahead of Rail Budget

Shares of Texmaco Rail, Kalindee Rail Nirman, Titagarh Wagons and Kernex Microsystems were down 3 percent to 5 percent on Wednesday.

Union Budget 2017-18: Safety, speed, infra development to be focus of Rail Budget

Besides, the budget will also give thrust on infrastructure development including laying new lines, electrification, modernisation and station redevelopment with private participation.

Union Budget 2017-18: Railway Budget to focus on safety, infra development

Going ahead with the government's reform agenda, Jaitley will discard the 92-year-long tradition of presentation of a separate Rail Budget and instead make it part of the General Budget earmarking a few paragraphs on the public transporter's finance, projects and the road map for the next fiscal.

Rail Budget 2017: Get ready to pay more for train tickets

The Railway Ministry may significantly hike fares for second class and AC 3-tier journeys to fund its safety corpus.

President okays change in rules for rail Budget merger

The Department of Economic Affairs has been entrusted with the work relating to preparation of central Budget including rail Budget, as per a recent order issued by Cabinet Secretariat.

FinMin seeks Twitterati vote on focus of Budget 2017-18

With less than a month remaining for budget presentation, Finance Ministry today invited suggestions from Twitterati on what should be the focus of the Budget for 2017-18 to be unveiled on February 1.

Railway officials to meet Finance Secretary on Budget

There will be discussion thread bare on the contour of the forthcoming Budget containing rail-related proposals, since the Rail Budget will be part of the General Budget and there will be no separate one for railways, said a senior official of Railway Ministry.

Tejas, Hamsafar Express services in railway's new timetable

Destinations and schedules of 10 Hamsafar Express, seven Antodaya Express, three each of Uday Express and Tejas Express will find place in the new timetable to be released on October 1.

Detailed recommendations for merger of budgets submitted to FM

The 92-year-old tradition of a separate Rail Budget is likely to become a thing of the past with a committee to finalise the modalities for its merger with the General Budget submitting its report to the Finance Ministry.

Panel on merger of rail, general budgets to give report soon

The report is being finalised and will be submitted to the Finance Minister in the next 10-15 days, sources said.

Railways to reduce energy bill considerably

The diesel procurement policy has been reviewed and it has been deciced to import crude oil directly and get it refined at oil marketing companies here, said a senior Railway Ministry official.

No Rail Budget from next fiscal

According to railways, The Finance Ministry has now constituted a five-member committee comprising senior officials of the Ministry and the national transporter to work out the modalities for the merger. The committee has been asked to submit its report by August 31.

Trying to take railways out of ICU: Suresh Prabhu

"The railways was in deep trouble not now but in the last 20-30 years. That is what the Rakesh Mohan committee report had said. So now we are trying to create a situation where the railways will be able to breathe well," he told PTI.

Dial 139 for wait-listed ticket cancellation

Now wait-listed and RAC (reservation against cancellation) train ticket holders can cancel their tickets by dialling 139

Capex programme on track, co spent half of Rs 6K cr: CONCOR

Nomura believes that CONCOR will benefit the most from Dedicated Freight Corridor and expects freight volumes to double over next 10 years after the Western DFC is commissioned.

Rupee rules steady after initial losses vs USD in late morning

The rupee resumed lower at 66.58 per dollar as against yesterday's closing level of 66.53 at the Interbank Foreign Exchange (Forex) market and dropped further to 66.64 on initial American currency demand from banks and importers on the back of higher dollar in overseas market.