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Mumbai, Feb 25  
Overdraft under Jan—Dhan is priority sector lending: RBI
Giving a big boost to Pradhan Mantri Jan—Dhan Yojana (PMJDY), the RBI today said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as prio... »
Mumbai, Feb 18  
Bank credit continues to trail deposit growth
Indian commercial banks’ credit grew 10.38 per cent to Rs 64,41,519 crore in the fortnight to February 6, according to Reserve Bank data released today.The advances were at Rs 58,35,548 cro... »
Thursday, February 12, 2015
The debt story less told
Small and marginal farmers in rainfed regions are trapped in a losing battle with agriculture — and with life »

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Railway Budget 2015-16 highlights

  • Following are the highlights of the Railway Budget 2015-16:
  • No hike in passenger fares
  • No new trains announced
  • Freight rate for cement, coal, others hiked by up to 10%
  • Investment of Rs 8.50 lakh cr envisaged in five years
  • Buttons, coin vending machines for railway tickets
  • e-catering to select meals from an array of choices
  • 24X7 helpline for passenger security problems
  • Surveillance cameras in suburban coaches for woman safety
  • More General class coaches to be added
  • SMS alert service for passengers to be expanded
  • On-board entertainment on select Shatabdi trains
  • Hike daily passenger carrying capacity from 21mn to 30mn
  • 200 more stations to come under Adarsh Station scheme
  • Wi—Fi connectivity at B category stations
  • A new department to keep stations, trains clean
  • Operating ratio to improve to 88.5% in 2015—16
  • Speed in 9 railway corridors to be increased from 110 kmph and 130 kmph to 160 and 200 kmph
  • Collision Avoidance System to be installed on select routes
  • Proposed 77 new projects covering 9,400 km of doubling works.
  • Advertising agencies are not reinventing themselves rapidly enough to stay relevant to changing advertiser needs. Or are they? This was a point of contention that was actively debated at an Interna... »

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