Shine Jacob

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Despite likely budgetary cut, railways eyes biggest ever capex of Rs 1.7 tn

Despite likely budgetary cut, railways eyes biggest ever capex of Rs 1.7 tn

Rediff.com3 Jan 2019

The Centre is likely to cut budgetary support to the railways by around Rs 5,000-10,000 crore for 2018-19, out of the total budgeted GBS of Rs 53,060 crore. Due to this cut in GBS, the railways is likely to depend more on borrowings, asset monetisation, and internal generation to meet the capex target of Rs 1.465 trillion for the current year.

Petrol, diesel prices likely to go up again

Petrol, diesel prices likely to go up again

Rediff.com11 Dec 2018

CARE Ratings, in a report, said it foresees an increase in the retail prices of petrol and diesel in the coming few days, depending on how the oil markets react in the reduction in supply from the cartel.

Railways to try out new signalling system

Railways to try out new signalling system

Rediff.com24 Nov 2018

Electronic devices installed along tracks provide train signals to a computer fitted in the locomotive. If a driver goes over the designated speed, a dashboard in front of him gives a red alert sign at first. Even after this, if the train continues its journey, the train's brake is automatically applied.

Railways to foray into education, convert hospitals to colleges

Railways to foray into education, convert hospitals to colleges

Rediff.com17 Nov 2018

Railway hospitals will offer postgraduate courses for medical students.

Why is Iran crude so important for India?

Why is Iran crude so important for India?

Rediff.com14 Nov 2018

One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.

Why it's not going to be a smooth ride for private oil retailers

Why it's not going to be a smooth ride for private oil retailers

Rediff.com9 Nov 2018

As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.

Indian Railways to get special track for high-speed trials

Indian Railways to get special track for high-speed trials

Rediff.com7 Nov 2018

As the national transporter is planning to come out with semi-high speed routes where trains can clock an average speed of 160-200 kmph, dedicated testing becomes essential.

Sabarimala gives BJP a foot in Kerala's door

Sabarimala gives BJP a foot in Kerala's door

Rediff.com30 Oct 2018

The saffron party will use Lord Ayyappa the same way it made use of Lord Ram in the north to take away the Nair vote and make electoral inroads in the state.

Private players may now enter India's fuel retailing space

Private players may now enter India's fuel retailing space

Rediff.com23 Oct 2018

At present, India has 56,999 fuel outlets. Of those, only 6,276 are owned by private companies

Oil import bill for FY19 seen rising 42%

Oil import bill for FY19 seen rising 42%

Rediff.com23 Oct 2018

The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18

EXPLAINED! How runaway fuel prices affect Indian economy

EXPLAINED! How runaway fuel prices affect Indian economy

Rediff.com21 Sep 2018

The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.

The Indian tycoon who sparked talk of UAE aid

The Indian tycoon who sparked talk of UAE aid

Rediff.com29 Aug 2018

For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.

Why petroleum dealers are angry with the Modi govt

Why petroleum dealers are angry with the Modi govt

Rediff.com27 Aug 2018

The dealers are protesting against the use of petrol pumps for government campaigns and seeking of personal data of over a million people working there

Railways won't roll back dynamic pricing for premium trains

Railways won't roll back dynamic pricing for premium trains

Rediff.com22 Aug 2018

Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.

The most delayed train in India

The most delayed train in India

Rediff.com19 Aug 2018

With a 20 hour average delay, the New Jalpaiguri Express is the queen among late-running trains.

Round 2 of discovered small fields auction may fetch Rs 1 trn

Round 2 of discovered small fields auction may fetch Rs 1 trn

Rediff.com10 Aug 2018

During the first round of discovered field auctions, there were 134 bidders for the 34 blocks on offer

Modi govt to achieve 50-million LPG connection target by August 15

Modi govt to achieve 50-million LPG connection target by August 15

Rediff.com20 Jul 2018

Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts

Railways to get first dedicated corridor for freight train

Railways to get first dedicated corridor for freight train

Rediff.com17 Jul 2018

The 190-km railway line will be between Dadri in Uttar Pradesh and Phulera in Rajasthan, which fall under the Western Dedicated Freight Corridor

Maharashtra refinery hit by mega project jinx

Maharashtra refinery hit by mega project jinx

Rediff.com26 Jun 2018

The Rs 3-trillion West Coast or Nanar refinery has all the potential to become India's flagship petrochemicals project, with the planet's largest oil producer Saudi Aramco as its biggest shareholder. Yet the locals don't see the plant as a harbinger of better times.

What's cooking at Indian Railways?

What's cooking at Indian Railways?

Rediff.com19 Jun 2018

From offering free food to passengers to re-arranging train timings Railways Minister Piyush Goyal announced a slew of measures to make the Railways more efficient

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