Economic Survey: Indian equity market relatively resilient versus many emerging economies
Feb 26, 2016, at 08:48 pm
New Delhi, Feb 25 (IBNS) The Economic Survey 2015-16 presented on Friday in the Parliament by the Union finance minister Arun Jaitley stated that despite volatility in global financial markets, the Indian equity market has been relatively resilient during this period compared to the other major emerging market economies.
Fiscal deficit target of 3.9 per cent for 2015-16 seems achievable says Economic Survey
Feb 26, 2016, at 08:24 pm
New Delhi, Feb 25 (IBNS) The Economic Survey 2015-16, presented to the Parliament on Friday, by the Union finance minister, stated that the fiscal deficit target of 3.9% for the year 2015-16 seems achievable.
Economic Survey 2015-16 projects strong macroeconomic outlook for India
Feb 26, 2016, at 08:19 pm
New Delhi (IBNS) Union finance minister, Arun Jaitley, while presenting The Economic Survey 2015-16 to the Parliament on Friday said the survey testifies a strong macroeconomic outlook for the country.
Economic Survey indicates Indian economy likely to see fastest growth in 2016
Feb 26, 2016, at 08:10 pm
New Delhi, Feb 25 (IBNS) India’s economy is stable and it continues to be the land of opportunity said Union finance minister Arun Jaitley while presenting the Economic Survey 2015-16 at the Parliament on Friday.
Economic Survey reveals manufacturing sector boosts 2015-16 industrial growth
Feb 26, 2016, at 07:49 pm
New Delhi, Feb 25 (IBNS) The Economic Survey 2015-16 tabled in the Parliamenton Friday by the Union Finance Minister Arun Jaitley states that riding high on the performance of manufacturing sector , industrial sector in India have registered higher growth during 2015-16.
Economic survey emphasizes on improved productivity in agriculture
Feb 26, 2016, at 07:33 pm
New Delhi, Feb 25 (IBNS) Union finance minister, Arun Jaitley, while presenting The Economic Survey 2015-16 in the Parliament on Friday, stressed on the declining growth in agriculture, owing to two consecutive drought years and due to decline in production and area sown of major crops.
Economic Survey 2015-16 predicts over 8 pc growth in next couple of years
Feb 26, 2016, at 06:07 pm
New Delhi, Feb 26 (IBNS) The Economic Survey 2015-16 presented in the Parliament on Friday by Union Finance Minister Arun Jaitley emphasizes that Indian economy will continue to grow more than 7 percent for the third year in succession in 2016-17 helped by a normal monsoon, despite global meltdown.
Vijay Mallya resigns as Chairman of USL, receives USD 75 million from Diageo
Feb 26, 2016, at 05:39 pm
New Delhi, Feb 26 (IBNS) Liquor baron Vijay Mallya resigned as the Chairman of United Spirits Ltd (USL) on Thursday, only to serve as the founder emiritus of the company founded by his family.
Rupee falls down by a paisa, inching closer to an all time low
Feb 26, 2016, at 05:07 pm
New Delhi, Feb 26 (IBNS) The Rupee on Friday depreciated by a paisa to go down to 68.73, thus moving closer to its all time low value of 68.85 against the US Dollar.
LAVA launches Twinpad with dual functions
Feb 26, 2016, at 03:29 am
New Delhi, Feb 25 (IBNS): Lava International Limited on Thursday announced the launch of Twinpad, the flagship dual functional device in its IT devices portfolio which works both as a Tablet and a Laptop.
Tata Steel welcomes Railway Budget
Feb 26, 2016, at 01:16 am
New Delhi, Feb 25 (IBNS) Tata Steel MD T.V. Narendran welcomed the Railway Budget and said it is a forward looking and development oriented one.
Feb 26, 2016, at 12:40 am
Kolkata, Feb 25 (IBNS) General Manager, Eastern and South Eastern Railway A K Goel officially launched the paperless ticketing system through Mobile App for Howrah-Kharagpur Section of South eastern Railway here on Thursday in a function and even addressed press and put his reactions on this year’s Railway Budget.
Rail Budget promises new infrastructure creation: ICC
Feb 26, 2016, at 12:32 am
Kolkata, Feb 25 (IBNS) : The Indian Chamber of Commerce (ICC) on Thursday said the Railway Budget 2016-17, presented by Railway Minister Suresh Prabhu, was a pro-growth budget which addresses India’s development concerns through a well structured multi-pronged strategy.
Fish feed produced by CIFA can increase fish growth by 6 gram daily: S.C.Rath
Feb 26, 2016, at 12:07 am
Kolkata, Feb 25 (IBNS) Central Institute of Freshwater Aquaculture (CIFA) has introduced fish feed "Gram ka Feed-Plus" which can increase growth of fish by 6 to 7 gram daily.
Rail Budget: Wi-Fi services at 100 Stations to be commissioned this year
Feb 25, 2016, at 11:41 pm
New Delhi, Feb 25 (IBNS): Railways Minister Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament on Thursday said that the process has begun to introduce Wi-Fi services at stations especially for youth and business travellers.
Feb 25, 2016, at 10:44 pm
New Delhi, Feb 25 (IBNS): Railways Minister Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament on Thursday said that Environment in the context of India’s commitment to reduce its carbon foot print, Indian Railways have undertaken energy audits which have revealed the possibility of reducing energy consumption in non-traction area by 10% to 15%.
Railway budget fails to boost stocks of related companies
Feb 25, 2016, at 10:43 pm
Mumbai, Feb 25 (IBNS) The Railway budget on Thursday could nether jog the Indian benchmark indices into action nor boost the shares of rail-related companies.
Rail Budget: Initiatives taken to improve passenger ammenities
Feb 25, 2016, at 10:29 pm
New Delhi, Feb 25 (IBNS): Railways Minister Suresh Prabhakar Prabhu said that the common people have always been the focus of all initiatives by the Indian Railways.
Rail Budget: Railways to ensure independence of Rail Development Authority
Feb 25, 2016, at 10:25 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu on Thursday said that Indian Railways will ensure the independence of Rail Development Authority which was proposed last year to enable fair pricing of services, promote competition, protect customer interests and determine efficiency standards.
Rail Budget: 'AYUSH' Systems in 5 railway hospitals introduced
Feb 25, 2016, at 10:21 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament on Thursday said that he was proud to lead a work force that is sincere and dedicated.
Rail Budget: Humsafar, Tejas, Uday train services to be introduced for reserved passenger
Feb 25, 2016, at 10:16 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament on Thursday proposed to introduce the Antyodaya Express, a long-distance, fully unreserved, superfast train service, for the common man to be operated on dense routes.
Rail Budget: Railways to provide 17000 bio-toilets in trains
Feb 25, 2016, at 10:12 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu said that in pursuance of our mission Swachh Rail Swachh Bharat, that Indian Railways will provide 17,000 bio-toilets in trains and additional toilets at 475 stations before the close of this financial year.
Rail Budget: Two new corridors planned for Mumbai suburban train
Feb 25, 2016, at 10:08 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu while presenting Railway Budget 2016-17 in Parliament on Thursday said that two new corridors for Mumbai suburban train- Churchgate- Virar and CSTM – Panvel has been planned.
Rail Budget: Increased outlay for electrification of Railways
Feb 25, 2016, at 10:04 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu while presenting the Railway Budget for 2016-17 in Parliament on Thursday said that electrical traction is more economical besides being environment friendly.
Rail Budget: Railways to implement EPC mode for undertaking works
Feb 25, 2016, at 09:53 pm
New Delhi, Feb 25 (IBNS): Railways Minister Suresh Prabhakar Prabhu on Thursday said that Engineering Procurement and Construction (EPC) mode will be implemented for allotting works to ensure participation of large professional players and minimizing cost and time overruns.
Rail Budget: E-Booking of tickets on concessional passes for journalists to be introduced
Feb 25, 2016, at 09:47 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu said that Indian Railways intends to commence sale of tickets through hand held terminals for the benefit of the suburban and short distance travelers.
Rail Budget: Indian Railways for 100 per cent transparency in all its operations
Feb 25, 2016, at 09:44 pm
New Delhi, Feb 25 (IBNS): Railways Minister Suresh Prabhakar Prabhu said that the transparency is an important tenet of this Government.
Rail Budget: Railway to Develop National Rail Plan-2030
Feb 25, 2016, at 09:31 pm
New Delhi, Feb, 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament on Thurday announced the Sashaktikaran – Improving our planning practices.
Rail Budget: Dedicated Freight Corridor project to be given high priority
Feb 25, 2016, at 09:28 pm
New Delhi, Feb 25 (IBNS) Railways Minister Suresh Prabhakar Prabhu has said that the Dedicated Freight Corridor project, the largest infrastructure project in the country, is gaining momentum.
Rail Budget: Railways to increase revenue through non-fare sources
Feb 25, 2016, at 09:19 pm
New Delhi, Feb 25 (IBNS) Minister of Railways Suresh Prabhakar Prabhu on Thursday said that Indian Railways will increase the revenue through non-fare sources.