Jaitley: 'Budget reflects conviction and mood of PM'

During the announcement of the Union Budget for 2018-2019, Finance Minister Arun Jaitley announced a slew of measures to be undertaken in the education sector, which saw a 4% rise in budget allocation as compared to the previous year. The focus of the ...

'Else they will form a growing 'hospital sector' -- and the taxpayer will be asked to pick up a mounting bill,' warns T N Ninan. Illustration: Uttam Ghosh/Rediff.com Privatisation in India happens at the level of markets, not enterprises. All too few companies have been privatised, like Hindustan Zinc and the now defunct Modern Foods. In contrast, many markets have been conquered by the private sector once it was let in through the door. And it did so almost always by besting the incumbent ...

Global rating agency Moodys today upgraded its outlook on the state-run lenders Central Bank of India and the Indian Overseas Bank (IOB) to positive from stable on the back of capital infusion from the government. It affirmed the long-term local and foreign ...

'Our focus will be on introducing new technologies to improve passenger comfort.' 'We are planning to introduce closed-circuit television and wi-fi facility on every train and in every station.' Illustration: Dominic Xavier/Rediff.com As Indian Railways undergoes a major transformation, the Union Budget has unveiled its largest ever capital expenditure plan, with Rs 73,065 crore earmarked for safety-related initiatives alone.   Against this backdrop, Minister of Railways Piyush Goyal, ...

At the 12th R N Kao memorial lecture at the Research and Analysis Wing (RAW) headquarters in New Delhi, Jammu & Kashmir Governor N N Vohra delivered an elloquent speech, in which he discussed the efficient and speedy implementation of the National Security ...