Amidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...

In the case of IRFC, since its business continues to grow year after year, the accretion of DTL is much greater than reversal.

Goyal also said that the railways will get a gross budgetary support of Rs 55,000 crore from the Finance Ministry.

The amount, to be raised by the Indian Railways Finance Corporation (IRFC), is Rs 7,000 crore or a fifth more than the total borrowings of ...

The next plan outlay will focus on electrification of 8,000km of rail tracks, and commissioning of 4,000km of new rail lines including doub...

"To my mind, there are many opportunities in the Railways to monetise assets within the Railways. So frankly, I will not be constrained for...

The proposals suggested by the railways have all, more or less, been included and acted upon by the Finance Ministry, Railway Minister Sure...

The business opportunities could be the largest compared to rest of the world except China and would be more than 2.5 times the capital exp...

For the next financial year, Indian Railways has sought Rs 60,000 crore as gross budgetary support from the finance ministry and has drawn ...

However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.

Committee looked into three issues of merger of rail budget with the general budget, doing away with plan and non-plan distinction and earl...

Prime Minister Narendra Modi is believed to have assured an enhanced Gross Budgetary Support of up to Rs 60,000 crore if it continues the t...

Till October, the railways was around 10 per cent short of its internal target for passenger and freight revenue as earnings were lower by ...

"The vision statement gives us a sense that some of the best features of developed world's railways systems are going to be replicated in I...

"The committee, therefore, desires the Railway Ministry pursue the matter purposively with the FMin and state govts for such projects," it ...

The industry chamber said the financial assistance will enable transformation of the Indian Railways.

Despite the government’s effort to cut down spending and bring fiscal discipline, railways was expecting a better deal.