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Indian Railway Budget 2015-16

The Railway Budget will signal the direction of long-term reforms needed to revamp the world’s fourth-largest rail network said Railway Minister, Suresh Prabhu. He also announce that ” Despite Railway is passing through hard times we have tried our best…

Shashi Tharoor was asked to resign as the Congress did not want to face an embarrassment in Parliament trying to defend a weak case. Moreover, the Congress core group felt that the govt had nothing to do with the IPL.

A 100 basis point hike in the Statutory Liquidity Ratio (SLR) by RBI cannot be ruled out at its policy meet next week, DBS said in a note on Friday.SLR, now at 24 per cent, is the minimum share of…