A key Railway division is not in favour of introduction of new trains in the upcoming Rail Budget saying any further increase will "seriously jeopardise punctuality and safety" of operations.
Investors are likely to remain nervous this week ahead of the expiry of near-month futures and options contracts, due on Thursday, and in the runup to the Rail Budget as well as Union budget
The railways’ widened ambit of public-private partnership (PPP) for implementing projects has got industry all excited.
The minister is confident that she has done something for posterity in her second consecutive rail budget. Soon after presenting the document in Lok Sabha she spoke to
Rail Minister Mamata Banerjee said on Wednesday the government plans to launch a pilot project for fire detection.
The government also plans to construct more underpasses for safety the
Railway Minister Mamata Banerjee is likely to present a populist budget leaving passenger fares untouched, but rationalising the freight rates keeping the essential commodities aside.
The rail budget has thrown up major opportunities for private infrastructure
The BSE Sensex shrugged off an early fall and rose 1.7 per cent.
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