Mumbai, July 26 (IANS) The Indian stock market is expected to remain driven by global cues in the coming week, with investors closely tracking the US Federal Reserve’s interest rate decision, a fresh round of June quarter earnings, movements in crude oil prices and developments in the Middle East. Market participants will also keep an eye on foreign fund flows and the rupee, as elevated geopolitical risks continue to influence sentiment.The benchmark indices ended the previous week with sharp lo…
Latest Indian Railway Finance Corporation News & Updates
Hyderabad, June 23 (IANS) SBICAPS has been appointed as the consultant to conduct a comprehensive study on the valuation of Hyderabad Metro Rail Phase-I, the development of Phase-II, and other related matters.The consultant will study the valuation of Hyderabad Metro Phase-I, raise loans required for takeover, and select lending agencies. Further, a study will be taken up on Metro Rail expansion, construction cost, and financing for Metro Phase-II, it was decided at a meeting that Telangana Chie…
Hyderabad, June 22 (IANS Telangana Chief Minister A. Revanth Reddy, along with Union Minister for Coal and Mines G. Kishan Reddy, met Railway Minister Ashwini Vaishnaw in New Delhi on Monday and discussed issues relating to a loan from the Indian Railway Finance Corporation (IRFC) for the Hyderabad Metro Rail project.According to a statement issued by the Chief Minister’s Office (CMO) on Monday night, the discussions were positive.Speaking to the media after the meeting, the Chief Minister descr…
New Delhi, May 25 (IANS) The government has shortlisted Coal India Ltd (CIL), Life Insurance Corporation (LIC), the Indian Overseas Bank (IOB), and the Indian Railway Finance Corporation (IRFC) among the public sector enterprises for the sale of shares in the stock market through a phased offer in the first two quarters of FY27, according to a report.The offers for sale will be calibrated with stable market conditions as the government wants to avoid any volatility before it proceeds to offload …
Mumbai, Feb 6 (IANS) The government’s efforts for a new domestic container shipping line, namely Bharat Container Shipping Line (BCSL), aims to reduce India’s dependence on foreign carriers and drive job growth and the economy, a new report has said.The government oversaw the formal signing of agreements earlier this week, setting out the plans for Bharat Container Shipping Line (BCSL). A report in The Maritime Executive said the government plans to order 15 domestically-built containerships i…
Mumbai, Dec 29 (IANS) India’s railway stocks are showing signs of recovery after a long period of weakness, with the sector witnessing a sharp rally over the past five trading sessions. The recent surge has added more than Rs 66,500 crore to the market value of railway-linked companies, as investors reposition ahead of the Union Budget and respond to improving revenue signals.Railway stocks had remained under pressure for most of 2025 after the sector peaked in July 2024.Since then, many stock…