indian-railways

No Rail Fare Hike without Modi's Approval

Rail Fare Hike: The decision to raise the railway fare by 14.5 per cent and freight rates by 6.5 per cent will be finalised only after Railway Ministers consult Narendra Modi... Jun 18, 2014
days-of-lobbying-and-favouritism-are-over-ravi-shankar-prasad

Days of lobbying and favouritism are over: Ravi Shankar Prasad

New Delhi, June 18 (ANI): Communication Minister Ravi Shankar Prasad stated that days of lobbying and favouritism were over, while pressing on country's growth in mobile telephony and consumer welfare. Prasad emphasised on a transparent system for over all development of the country. Prasad said that government would ensure that spectrum sharing, trading and enlargement were all being carried out in a fully transparent manner for country's growth in technology. Prasad added that the government is focused on stable fiscal regime. Jun 18, 2014
inflation-at-five-month-high-fiscal-deficit-and-high-interest-rates-to-continue-market-expert

Inflation at five-month high, fiscal deficit and high interest rates to continue: Market Expert

New Delhi, June 17 (ANI): Talking about the inflation which reached at five-month high, Market Expert Akash Jindal said that fiscal deficit and high interest rates will continue with time. Jindal said that the food prices and oil prices are increasing because of El Nino effect and Iraq violence respectively. Talking about Finance Minister Arun Jaitley's remark on inflation, he said that whatever may be the reason for the same, government has to tackle it. Jindal also talked about tackling hoarding in coordination with the state and central government. Jun 17, 2014
A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai

Rupee Records Decline; Hits Month Low at 60 per Dollar

Indian rupee slumped by 6 paise at 59.82 a dollar at early trade on Monday, against closing value of 59.76 per dollar on Friday at Interbank Foreign Exchange Market due to demand for dollars from oil exporters. Jun 16, 2014
Lionel Messi Argentina

FIFA World Cup 2014 Results: Magical Messi Goal Gives Argentina Nervy Win over Bosnia-Herzegovina

For 64 minutes Lionel Messi looked like having one of those days when nothing would go right, the touch going awry, the shots missing the target, and the teammates also not quite finding their mark. However, everything went from bleak to brilliant in a couple of seconds, seconds which saw Messi make the trademark jinking run, followed by the patented left-foot shot which found the back of the net with unerring accuracy. Jun 16, 2014
An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Rupee Falls Flat due to Forthcoming CPI and IIP Release

Rupee declined at early trade on Wednesday at 59.32 per dollar against previous day's closing value of 59.29 a dollar. The fall can be attributed to increased demand for American currency at Interbank Foreign Exchange market and absence of major inflows. Jun 11, 2014