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News -
India
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Written by News Desk
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Friday, 03 July 2009 01:49 |
Railway Budget 2009 News
Railway Minister Mamtha Banarjee is going to present Railway budget in the parliament today. These are few news stories related to this years Railways Budget and its impact on Stock Market and other sectors.
Hindu: Railway Minister Mamata Banerjee has said that the Railway budget for 2009-10 will be simple, pro-poor and in tune with the current economic scenario, ruling out high expectations when she presents it on July 3. More.
Money Control: Nifty consolidates ahead of Rail Budget: CNBC-TV18 Managing Editor Udayan Mukherjee said the market went up for sometime around the economic survey, “but it was almost as if the market pinched itself and said this is too unbelievable.” More.
Economic Times: Barely 24 hours before she presents her third Rail Budget after a nine-year hiatus, Mamata Banerjee is clearly in high spirits, buoyed by Wednesday's stellar show by the TMC-Congress combine in West Bengal's civic polls. More.
D.N.A. The railway budget that will be tabled in Parliament on Friday is most likely to be a document on how much a financial mess the gargantuan is in, and not in the pink of health, as is popularly believed. More.
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Last Updated on Friday, 03 July 2009 02:10 |
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News -
India
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Written by News Desk
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Monday, 04 May 2009 05:47 |
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Runaway EMU train collides with freight train in India
At approximately 06:00 a.m. (00:30 GMT) Wednesday, between four and seven people were killed when an Electric Multiple Unit (EMU) passenger train crashed into a stationary freight train at Vyasarpadi Jeeva station, in Chennai, India. Between eleven and twenty persons were injured, and rushed to General Hospital in Chennai.
Officials are unsure of the number of persons aboard the passenger train, which was operated by an unknown person. "It is not clear who operated (it)," said S. Jayanth, acting general manager of Southern Railway. The operator of the EMU train was not in the train when it left 15 minutes to half an hour before the scheduled departure time. It is said some passengers did board the passenger train.
The EMU train ignored all signals, and drove about 7 kilometers (4 mi) at high speed, jumping tracks, before colliding with the goods train.
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News -
India
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Written by News Desk
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Sunday, 03 May 2009 23:44 |
India buys 250,000 OLPC laptops
 Two Indian government organizations have placed orders for 250,000 X0-1 laptop computers. The laptops, designed by the One Laptop Per Child Association, will be distributed to students in nearly 1,500 schools.
The order stands in contrast to criticism the Indian government had previously voiced over the OLPC organization. The Indian government had even started its own $100 laptop program, although it was soon abandoned.
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