Economy News

Will Gowda's Budget Help Improve Freight, Passenger Traffic?

The Union Railways Ministry has increased the freight charges, which slumped down to 36 percent, with an additional passenger traffic of just 12.9 percent, to bring the Indian Railways back on track.

Jul 8, 2014

What the Railway Budget Tells us About the State of Indian Railways

From hundreds of pending projects to meagre surplus over expenditure, the Railways has been riddled with problems.

Jul 8, 2014

Railway Budget 2014-15: Hi-Tech Stations, Bullet Trains, Digital Services

The Modi government's first Railway Budget put thrust on technology and modernization to revamp Indian Railways.

Jul 8, 2014

Government Set to Lower Prices for Electric, Hybrid Cars Through Subsidies in Union Budget

If you have always wanted to buy an electric or hybrid car, buying it after the Union Budget could be a good time with prices of these vehicles set to drop if the government pushes for subsidies as is strongly expected

Jul 8, 2014

Peeling Away the Accessibility: Timeline of Changes in Price of Onions

It acquires around 5.54 lac hectares of onion farms, which accounts for 22.4 percent of world onion farmlands.

Jul 8, 2014

Railway Budget Live Blog: Modi calls "Modern" Rail Budget a Growth Engine, Opposition Calls it 'Pro-rich'

The Modi government is set to present its first Railway Budget today in the Parliament, which is expected to pave the way for high-speed trains and private sector investment.

Jul 8, 2014

What Indian Railways Can Learn from its Japanese Counterpart

Here is a look at how privatization can transform the Indian railways, vis-à-vis the railway network in Japan that is known to be the world's best.

Jul 8, 2014

Top 10 Expectations from Union Budget 2014-15

With just two days to go before Finance Minister Arun Jaitley lays down the Budget for this fiscal year, here's a look at all the talk and buzz surrounding the Budget and what it is expected to bring to the table.

Jul 7, 2014

Cement Price Hike: Builders Refuse to Purchase Stocks in Protest

The southern region is opposing the hike in the price of cement and not purchasing any stock since last week.

Jul 7, 2014

George Osborne Woos Modi With Lavish Praises; Admires PM's 'Ambition, Drive, Pace'

British Chancellor George Osborne has thrown lavish praises on the PM declaring his admiration for Modi's "ambition, drive and pace."

Jul 7, 2014

Budget Session Live: Before Railway Budget, Jaitley Blames Congress For Poor Condition of Railways, Defends Rail Fare Hike

Timely updates from the first day of the Budget Session (Live Updates)

Jul 7, 2014

Arun Jaitley Fears Hoarding as Probability of Drought Looms in India

In light of drought forecasts, Jaitley asked the state governments to take effective measures to crack down hoarders and black marketers.

Jul 4, 2014

Modi Wants Indian Railways to be Better Than Airports, Calls for Private Sector Role

This comes as an indication of the Modi government's willingness to increase private investment in the Railways just a few days ahead of the presentation of the Railway Budget.

Jul 4, 2014

Union Budget 2014: Know Your Facts

The newly elected Narendra Modi government is set to present its first Budget on 10 July, three days after the Budget session begins in Parliament.

Jul 3, 2014

India Allocates Additional 50 Lakh Tonnes Rice for People Below and Above Poverty Line

Indian government has allocated additional 50 lakh tonnes of rice for the BPL and APL families across the country.

Jul 3, 2014