RBI’s policy stand confirms economic activity is on upswing: Goyal

The finance ministry said it welcomed the monetary policy of the banking regulator.

Railways introduces bagasse-based food packaging on premium trains

Bagasse, fibrous remains left behind after extracting sugarcane juice, is being used to make disposable cutlery and containers.

The consequences for the domestic economy will be harshly adverse.

Railway Minister Piyush Goyal warned heads of zonal railways that delays in train services will defer their appraisal proportionately.

Of these, 9 banks have already submitted report to the department of financial services, an official said.

Nearly 13 lakh tickets are booked on the IRCTC website every day against a reserved accommodation of 10.5 lakh berths.

Some have coal stock availability for only one or two days: Minister.

The city’s railway network is all set to get an upgrade with 210 AC local trains being introduced on the Harbour and Central lines.

Goyal stressed on the necessity to increase PLF of various power plants of the country.

This has been recognised by International Credit Rating Agencies as well.