India's urban transformation must be backed by accountability: CAG at BRICS SAI SummitDuring the BRICS Summit in Bengaluru, K Sanjay Murthy, India's chief auditor, emphasized the urgent call for heightened accountability in u...
07 May, 2026, 08.55 PM IST
Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
02 May, 2026, 12.21 AM IST
'Hospital infra isn't sole determinant of better care, outcomes also matter,' says Max Healthcare ChairmanMax Healthcare has significantly increased its bed capacity to 6,500 with a new Saket facility. This expansion targets both domestic patien...
17 Apr, 2026, 07.20 AM IST
Railway Ministry understated its working expenditure in 2022-23: CAG ReportThe Comptroller and Auditor General (CAG) revealed that Indian Railways understated its expenses. This happened in the financial year 2022-...
18 Aug, 2025, 06.25 PM IST
Rising expenses: Railway Board seeks to rein in spending on employee allowances, fuel, maintenanceFurthermore, it stated that zones such as the Eastern Railway (ER), Southern Railway (SR), North Eastern Railway (NER), and Northern Railwa...
02 Sep, 2022, 08.16 PM IST
Union Budget 2019: Clamp down on expenses will hurt passenger safety, fear railway officials“Every MP wants good rail infra, we will take steps to improve finances,” says Minister Suresh Angadi.
10 Jun, 2019, 11.37 PM IST
No hike in passenger fare, freight charges as Railways gets highest ever allocation of Rs 1.58 lakh croreGoyal announced capital support for railways at Rs 64,587 crore for FY20 in his Budget 2019 speech.
01 Feb, 2019, 08.24 PM IST
After oil, 'economic acceleration’ meetings to focus on power, steel and exportsOn power, the special focus will be on trying to find solutions for firms with high debt and/or poor income streams due to problems in sell...
12 Oct, 2017, 01.42 AM IST
Adhere to monthly/quarterly expenditure plans: FinMin to ministries"Beginning next fiscal, the financial advisors of the ministries/departments have to ensure adherence to the stipulated Monthly Expenditure...
27 Dec, 2016, 05.47 PM IST
Outcome Budget norms tightened; departments to meet objectives timelyAs per the ministry's directions, every ministry will have to prepare an outcome budget statement linking outlays against each scheme as we...
06 Dec, 2016, 05.34 PM IST
Railways improves operating ratio at 91.3 per centAccounts indicate an OR of 91.3 per cent, which is an improvement over the target of 92.5 per cent and also better than the revised estimat...
30 Jul, 2015, 10.12 PM IST
Rail Budget 2014: Railways to earn Rs 1.64 lakh crore in 2014-15"Railways hope to achieve total receipts of Rs 1,64,374 crore and would peg total expenditure at Rs. 1,49,176 crore," Gowda said.
08 Jul, 2014, 03.05 PM IST
Having a free press is a necessary condition for responsive government and reduced corruptionResearch has unequivocally shown that increased press freedom has real benefits which are disproportionately higher for vulnerable sections...
25 Jun, 2014, 12.40 PM IST
- Budget 2012: ET in the Classroom explains the process
In a five part series, ET will help readers make sense of the key items of Budget 2012, from revenue account to the much in debate fiscal.
12 Mar, 2012, 03.19 AM IST
- 'Lalu's railways turnaround tale was a cosmetic exercise’
Former rail minister Lalu Prasad's turnaround of railways from a loss-making to a profit venture was more of a cosmetic exercise, reveals t...
06 Aug, 2011, 10.54 AM IST
- Railways to restrict foreign travel by senior officials
The Railways has decided to restrict foreign travel by senior officials as part of a major austerity drive taken up by the largest governme...
23 Jun, 2009, 07.56 PM IST
- Tata Steel raises $725m abroad
Tata Steel, the country’s largest steel manufacturer, on late Monday announced it has raised $725 million through the issue of foreign curr...
07 Aug, 2007, 04.58 AM IST