On July 22, the Indian industry body ASSOCHAM has suggested the Indian Finance Ministry should review its budget proposal to increase the royalty rate on iron ore from 10 percent to 15 percent with a view to maintaining cost competitiveness ...
Tags: iron ore, domestic industry, Mineral
Bulletin on the Preliminary Verification Data of GDP in 2012 National Bureau of Statistics of China National Bureau of Statistics of China According to regulations of the NBS on the notice of print and distribute the reform of China's ...
Tags: Preliminary Verification Data, GDP
The Chinese government has approved the establishment of China Railway Corporation, which will perform the commercial operations of the defunct Ministry of Railways (MOR). The new corporation will have a registered capital of RMB 1.036 ...
Tags: Chinese Government, Railway Corp., policy
China’s overall fixed asset investments in its railways totaled RMB 37.62567 billion ($6 billion) in January-February this year, up RMB 7.69403 billion or 25.7 percent year on year, according to the figures issued by China’s ...
China's Ministry of Railways (MOR) is to be dismantled, according to a report read by Chinese Premier Wen Jiabao at the National People's Congress in Beijing on March 10. The original policy-making department of the Ministry of Railways ...
Tags: Railways, Railways Industry
Anhui Province-based Chinese steelmaker Ma’anshan Iron and Steel Co. (Masteel) has announced that testing of 128 of its newly-developed steel wheels with 1.25 meter diameter for high-power train locomotives has been successfully ...
Tags: steel wheels, steelmaker, Masteel
China’s overall fixed asset investments in its railways totaled RMB 630.98 billion ($110.6 billion) in 2012, up seven percent compared to RMB 589.73 billion ($93.9 billion) in 2011, according to the figures issued by China’s ...
In accordance with the accounting procedures of the gross domestic product (GDP), according to the 2011 Statistical Yearbook and departmental accounting, financial accounts data, on the basis of the preliminary verification, the NBS made ...
Tags: China, GDP, bulletin, National Bureau of Statistics of China
Mumbai has one of the most crowded and overloaded suburban systems in the world.Concerned about the capacity constraint on the Corridor,Ministry of Railways has decided to augment the system capacity and has accordingly envisioned a two ...
Tags: Mumbai, Ministry of Railways, ERC, Maharashtra
The Ministry of Railways said on December 11 that railway fixed asset investment in the first 11 months of the year was CNY 506.9 billion. The ministry had planned to invest CNY 630 billion this year and it was unclear whether it would ...
Tags: Railway fixed asset investment, Railway fixed, Railway
China on Saturday showed off the final link of the world's longest high speed rail route set to begin whisking passengers from Beijing to Guangzhou next week in a third of the time currently required. The much anticipated opening of high ...
Tags: high speed, rail, service, track
Business Line reported that 10 bids were received for a pie of the INR 4,000 crore civil works contract to build a rail track between Bhaupur and Khurja in Uttar Pradesh,a 343 kilometer segment of the dedicated eastern freight corridor. ...
Tags: 10 bids, eastern rail freight corridor, civil works, India
It is reported that the government has approved project, Special Repair of 150 Running Locomotives during 2012-13 under the Public Sector Development Program. An official of Pakistan Railways said that purchase of new locomotives was ...
Tags: Pakistan Railways, profit earning, railway, steel
Aimed at meeting shortage and facilitating passengers, the Ministry of Railways has received 132 coaches purchased from China. Of the 202 coaches of various types purchased from China, Pakistan Railways has received 56 coaches in ...
Financial Express reported that Indian Railway Finance Corporation plans to raise nearly INR 9,000 crore through tax free bonds by March next year. IRFC said that "The company shall issue bonds up to an aggregate amount of INR 8,981.40 ...
Tags: Indian Railway Finance Corporation, India, transportation, tax free bonds