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Showing posts with the label Piyush Goyal

Nagpur to Mumbai in 5 hours! Indian Railways plans high-speed service

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The government says the high-speed rail tracks will run parallel to an expressway and benefit thousands of passengers, farmers and traders in both directions Soon, you will be able to reach Nagpur from Mumbai in just five hours! Indian Railways is planning to construct a dedicated high-speed railway line alongside the under-construction Nagpur-Mumbai Super Express, which is also known as Samriddhi Mahamarg. The high-speed railway line will reduce the travel time by up to 10 hours once it is completed. Currently, it takes around 13 to 14 hours to reach from Mumbai to Nagpur and vice-verse via rail. "The line will run parallel to the Expressway and benefit thousands of passengers, farmers and traders, in both directions,” Piyush Goyal said. Indian Railways, Maha Metro Rail Corporation Limited and the state government have signed a MoU to build a Mass Rapid Transit System in Nagpur. The aim to is to connect the railway line with the existing metro coaches. U...

Cabinet reshuffle likely to push Jaitley out of finance

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Prime Minister Narendra Modi may look to press the reset button on his leadership this spring to reinvigorate stalled economic reforms and appease critics, eyeing a mix of tried and tested allies and fresh blood, senior government sources said. The government has overseen rapid economic growth, but failed on tax and land reforms, and the euphoria that met Modi’s 2014 election triumph has given way to investor disillusionment; stocks have erased all of their gains since he won power. The ruling Bharatiya Janata Party (BJP) faces a crucial election test in the most populous state of Uttar Pradesh in 2017 that it probably needs to win if it wants to hold on topower nationally in 2019. Read Articles  

Jaitley files Rs 10-cr defamation suit against Arvind Kejriwal

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Finance Minister Arun Jaitley filed civil and criminal defamation cases against Delhi Chief Minister Arvind Kejriwal  and five Aam Aadmi Party (AAP) leaders, while proceedings of both Houses of Parliament were disrupted by Opposition members demanding probe into the alleged corruption in the functioning of Delhi’s cricket body. The highlight was when Congress President Sonia Gandhi tried to catch the attention of Lok Sabha Speaker Sumitra Mahajan to allow Bharatiya Janata Party (BJP) MP Kirti Azad to speak in the Lok Sabha on the issue of purported financial irregularities in the Delhi and District Cricket Association (DDCA). Some in the BJP claimed the Congress President had implored with shouts of “Kirti” to ask Azad to speak and how this was further proof that Azad was Congress’ “Trojan horse” in the BJP.  "Outrageous, (that) I took instructions from Congress President?! We have been fighting since nine years, shown fraud companies with fraud bank accounts?“Azad t...