Economics News

Railways to move towards computarised signalling

Railway minister informed the lok sabha that his department would approach the Union Cabinet soon with a proposal to completely switch over to computerised signalling.

posted by Jawwad Kazi 4th Jan 2018

Revised concession pact for PPP projects at ports

To make the investment climate more investor friendly, Centre has approved a revised model concession pact for projects based on public private partnership (PPP) design at major ports.

posted by Jawwad Kazi 4th Jan 2018

Waterways project to get Rs. 5,369 cr.

The Cabinet Committee on Economic Affairs approved the more than Rs. 5,369 crore Jal Marg Vikas Project for development of fairway on National Waterway-1 with the technical and investment support of the World Bank.

posted by Jawwad Kazi 4th Jan 2018

Manufacturing activity expedited

Activity in manufacturing quickened to the fastest pace in five years in December, bolstered by a sharp rise in output and new orders, according to a private sector survey

posted by Jawwad Kazi 3rd Jan 2018

Government allay fears over FRDI bill

Government in its another clarification about the Financial Regulatory and Deposit Insurance (FRDI) Bill 2017 said the preferential treatment would be given to depositors and the bail-in clause would not be applied to public sector banks.

posted by Jawwad Kazi 3rd Jan 2018