Before 2014, Indian Railways (IR) faced years of underinvestment, averaging only around Rs 250 billion annually. Recognising this, the union government significantly increased capital expenditure between 2014 and 2025, raising the railway budget to approximately […]
Budget 2018 is certainly a special one since it is the last one to be presented by the current government before the elections in 2019. The government has to a large extent set a populist […]
Despite global uncertainties and a protectionist stance adopted by developed economies, the Indian economy has been steady on its growth trajectory. Although factors such as demonetisation and weak private investment caused a dent in economic […]
The financial performance of Indian Railways (IR) has recently exhibited a mixed trend. While both revenues and expenditures have recorded a consistent rise over the past few years, profits have exhibited peaks and troughs. Indian […]
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