Fdi Railways

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  Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman

  Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...

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  Indian Railways To Get First High-Speed Electric Locomotive: 5 Facts

  Indian Railways is all set to add the first high-speed electric locomotive to its list of transport vehicles. The electric locomotive, with a 12,000 horsepower (HP), will be flagged off from Bihar's Madhepura loco factory by Prime Minister Narendra Modi on Tuesday. Till now, the most powerful electric engine in India was of 6,000 HP. With the launc...

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  Railway Plants in Bihar to Boost Manufacturing, Jobs: Arun Jaitley

  Marking the first big FDI in the railway sector, the Indian Railways today signed Rs 40,000-crore contracts with GE and Alstom to set up two locomotive plants in Bihar with a view to boosting manufacturing and employment in the state.

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  Indian Railways Already Heading For Privatization: Congress

  Terming as bluff Prime Minister Narendra Modi's assertion that Indian Railways will not be privatized, the Congress on Monday said it is already headed for it in view of the cabinet's green signal to 100 per cent FDI in railways.

• Cabinet Approves Foreign Investment Hike in Defence, Railways

  The cabinet approved a plan on Wednesday to raise the amount of Foreign Direct Investment (FDI) allowed in its Defence and Railways industries, part of Prime Minister Narendra Modi's efforts to attract more foreign cash and revive the economy.

• Cabinet Clears FDI in Railways And Defence

  Pushing ahead with the reforms agenda, the government today approved raising FDI limit in the defence sector to 49 per cent and opened up the railway infrastructure segment for foreign direct investment.

• For Bullet Trains, To be Launched In PM Modi's Gujarat, 100% FDI Proposed

  India's first bullet train will run in Prime Minister Narendra Modi's home state Gujarat at a staggering cost of Rs 60,000 crore.

• Trinamool Congress Dubs Rail Budget as "Vision-Less, Anti-People"

  Slamming the "vision-less", "anti-people" railway budget, Trinamool Congress today said proposals such as allowing foreign direct investment (FDI) will be "dangerous" for the country.

• Sadananda Gowda Asks Cabinet to Allow FDI to Revamp Railways

  Railway Minister Sadananda Gowda, presenting the Narendra Modi government's first Rail Budget today, promised to seek increased foreign and domestic private investment to fund modernization of the country's huge but badly stretched network.

• Mamata Banerjee to lead Trinamool protest against UPA reforms in Delhi today

  A day ahead of the Trinamool Congress' protest rally at Jantar Mantar in New Delhi, former Railway Minister and party leader Mukul Roy warned the Centre that their agitation will spark a movement in the country against the UPA government's decisions to allow Foreign Direct Investment (FDI) in multi-brand retail, hike diesel prices and put a cap on ...

• We are open to FDI if there is consensus: Dinesh Trivedi to NDTV

  In what could signal a softening of stance, the Trinamool Congress says that they have no objection to FDI in multi-brand retail, if the government manages to achieve consensus. In an exclusive interview to NDTV, Trinamool leader and Railway Minister Dinesh Trivedi says that if the maximum number of people want something, who are they to oppose it?