Financial Daily from THE HINDU group of publications
Wednesday, July 07, 2004

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Rail Budget leaves freight rates unchanged — Laloo refrains from hiking passenger fares
"Every time there was an increase in passenger charges, traffic registered a decline. The key to more revenues is not an increase in fares, but better services that attract users." More

Highlights of Railway Budget, 2004-05
The following are the highlights of the Railway Budget 2004-05 presented by the Railway Minister, Mr Laloo Prasad Yadav, in the Lok Sabha on Tuesday: Introduction

  • Priority to development and expansion ... More

    Grasim gets bullish on cement — L&T hands over UltraTech management
    NOT content with acquiring majority stake in UltraTech CemCo from Larsen & Toubro at a total cost of Rs 2,200 crore, Grasim Industries appears to still have reserves of appetite for cement. "We are looking at more aggressive investments in the . More

    Anticipating tonnage tax in Budget — Ministry unveils norms for chartering LNG tankers
    ANTICIPATING the introduction of a new tonnage-based tax for the shipping industry in the Budget, the Shipping Ministry has stipulated that LNG promoters must compulsorily haul their LNG cargoes into India only on Indian flagged LNG carriers. ... More

    Sensex up 85 points
    THE unexpectedly tame Railway Budget presented by Railway Minister, Mr Laloo Prasad Yadav, appears to have reassured investors that the new Government would hold a reformist course for the economy even though the coalition's Leftist supporters ... More

    Air Deccan to offer in-flight TV
    THE domestic air travellers will soon not only be able to travel between metro cities at cheaper rates but also catch all the latest news on television while in the air. The country's only low-cost airline, Air Deccan plans to have plasma drop ... More

    PM's help sought to check slide in petro cargo
    THE Railways has sought the Prime Minister, Dr Manmohan Singh's intervention to cushion the impact on its revenues from the fast increasing network of petroleum pipelines. The Railways wants that the Government should keep them in the loop ... More

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  • Top Stories
    Global coal majors scouting for long-term deals with power cos

    MAIT sees computer sales rising 27 pc

    Commodity exchanges seek MF, FII participation

    Populist all along the route

    Go-by for Rakesh Mohan report again

    Imports hurting desiccated coconut powder makers

    A Budget true to form

    Will it be a happy journey for everyone?

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