Jagmohan rules out revenue sharing on retrospectvie basis
Communications minister Jagmohan today completely ruled out the possibility of allowing revenue sharing for private telecom operators in the country.

Steel recession major cause for lower freight earnings
The decision to increase freight by 4% across all commodities comes a bit of a surprise. Despite the fact that last year freight rates had been left untouched, freight targets were have not been met.

4% freight rate hike to net Rs 700 crore
Railway minister Nitish Kumar has presented a soft budget for the next year even though railway finances suffered a setback in 1998-99, with recession holding down freight traffic.

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