Page 21 - Union Budget 2016

Raman Singh Hails Rail budget 2016-17

Provision for rail infrastructure development had been doubled in the rail budget 2016-17

Rail Budget 2016: Govt targets new source of revenue, cost cuts

Prabhu said the railway would need to cut costs, grow its freight business which provides two-thirds of its revenue and target new sources of non-tariff revenue through measures such as redeveloping train stations

Suresh Prabhu attempts a crowd-pleaser railway budget

5 reasons why Prabhu has attempted to please all- industry, passengers and experts

Rail Budget 2016 aims at 'yatri ki garima', 'rail ki gati', 'desh ki pragati': Suresh Prabhu

Prabhu said the India Railways have a saving of Rs. 8,720 crores from the previous budget estimates and for 2016-17, capital plan of Rs. 1.21 lakh crore is estimated

Rail Budget 2016: Indian railways to target freight business revival, says Suresh Prabhu

He announced three new dedicated freight corridors across the country

Rail Budget 2016: 10 key takeaways from Suresh Prabhu's speech

From introduction of new trains to increased WiFi connectivity and in-house entertainment, a look at what stood out in the Rail Budget so far

Rail Budget 2016: No fare hike, freight rate revision soon

Rail Minister Suresh Prabhu says ministry will look at exploiting new sources of revenue than just rely on tariff hikes

Rail Budget 2016: Suresh Prabhu outlines three-pillar strategy for development of railways

Prabhu said the budget has been inspired by PM Modi, who said his vision is to make the railways the backbone of India's progress and economic development

Rail Budget 2016 inspired by PM Modi's vision of economic development: Suresh Prabhu

Prabhu said the Rail Budget 2016 reflects the aspirations of each and every member of the Railway's family

Railway Budget 2016: Railroad firms rise on positive expectations

Market analysts attributed rise on short-covering triggered by hopes of an increase in capital expenditure by Indian Railways

Railway Budget 2016: 5 things to expect from Suresh Prabhu

The Railway Budget comes at a time when the economy is hurting from a global slowdown

Rail Budget 2016: Commuters' expectations high from Suresh Prabhu

Commuters in Mumbai want improvement in safety measures on the suburban network, where passenger deaths are a major concern

Budget wish list: IT & ITeS sector

KEY DEVELOPMENTS| Rising share: The IT-ITeS industry's share of India's GDP is expected to touch 9.3% in FY16, at a consistent 13.9% CAGR from FY09 to FY15. In FY16, it is estimated to grow 8.5% to $143 billion from $132 billion the previous year.| Drivers: E-commerce is driving rapid growth for the IT-ITeS industry; attracting unprecedented global interest and funding. Along with mobile apps, e-commerce is expected to grow at more than 30% annually.| Govt steps: The govt revealed technology-centric initiatives last year - 'Digital India', and 'Start-up India' - to accelerate India's plunge into the connected digital world.| Digital transformation: India's technology services industry is projected to reach revenues of $350 billion by 2025. Also, it is expected that by 2025, about 80% of tech expenditure will be driven by digital technologies (analytics, cloud, social media, internet of things).KEY ISSUES| Challenges: The industry is facing challenges from newer technologies that have d

Budget 2016: Telecom ministry seeks 250% rise in allocation

The outlay is way more than what the department had sought in the previous Budget

Investors globally are in a risk-off mode but India can stand out: Ravi Kapoor

Interview with Head, Corporate & Investment Banking, Citi India

Abheek Barua: For a Budget with solutions

Three sets of policies that should find place in the Budget in order to revive growth

Budget to bring reforms towards simplified tax regime: Survey

Corporate India expects a maximum thrust on the startup segment and manufacturing sector

Budget 2016: Rail budget to cater to people's needs satisfactorily: Suresh Prabhu

Efforts are on to generate revenue for railways through non-tariff sources like advertising, commercialisation of surplus land, official sources said

Budget 2016: Bond prices continue to fall on weak demand; Budget in focus

The RBI under under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 208.31 billion in 43-bids at one-day repo auction at a fixed rate of 6.75% Wednesday evening and sold off some securities

Rail Budget 2016: New rule for unreserved train tickets from March 1

Facility for issuing paperless platform tickets through mobile phones is already available on 29 stations