Plan to invite private companies to operate on some rail routes

The government has planned to form a holding company named the Indian Railway Rolling Stock Company, like CRRC Corporation Limited of China, that will independently control and manage the private companies. Read More
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Finance ministry restricts media entry, but says no ban is in place

The finance ministry has placed restrictions on the entry of reporters into North Block, days after the pre-Budget quarantine period for two months got over. Only accredited journalists with prior appointment with a ministry official are allowed access in the ministry. Read More
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After Budget announcement, petrol and diesel prices up by ₹2

Petrol and diesel prices have gone up by ₹2 per litre all over India after announcement by the finance minister, Nirmala Sitharaman, about imposition of excise duty of ₹1 and road and infrastructure cess of ₹1 per litre on both petrol and diesel in the Union Budget 2019. Read More
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Union Budget 2019: Now, Isro allocated ₹12,473 crore for FY19-20

The Union Budget allocation for the Indian space programme is estimated to go up by 11 per cent to about ₹12,473 crore, which is revised from the estimate of around ₹11,200 crore in 2018-19. Read More
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Budget 2019: No new relief on I-T, defence modernization on hold

The government unveiled the full-fledged Union Budget for the current financial year, on Friday. Union finance minister Nirmala Sitharaman presented her maiden Budget in Parliament. Read More
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Sitharaman tables Economic Survey 2019, 7% growth projected

Union finance minister Nirmala Sitharaman tabled the economic survey in Parliament, on Thursday, which projected gross domestic product growth at 7 per cent in the 2019-20 fiscal year from an estimated 6.8 per cent in the previous year. Read More
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Budget: Modi govt baits middle class, farmers with tax, cash sops

The Narendra Modi government has presented the interim Union Budget for 2019-20 that primarily focused on wooing the middle class, workers from the unorganized sector and farmers, ahead of this year’s Lok Sabha election, which is about two months away. Read More
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