In FY22, Railway expenses increased by 45% as compared to previous year whereas gross revenue increased by 43%. Central government is expecting revenue from Railways to increase by ₹32,700 crore in FY23 over revised estimates of FY22.
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Budget 2023: Railways expenses rising faster than revenue
Central government is expecting revenue from Railways to increase by ₹32,700 crore in FY23 over revised estimates of FY22.
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India Inc.’S Corporate Scorecard
Companies overcome global headwinds and domestic challenges to ride the growth train.
The Rupee Got Its Mojo Back!
The rupee is holding strong against the dollar index compared with six major currencies in Asia.
In Weak Spirit
Ethanol futures dropped to $2.11 per gallon, marking the lowest level since February 2022, owing to production expansion, adjusted blending mandates, and increased stockpiles.
Kolkata's Bangur Richest Cement Entrepreneur
Benu Gopal Bangur of Shree Cement leads the cement category, followed by Yadu Hari Dalmia of Dalmia Bharat and Sushila Devi Singhania of J K Cements.
Infographics
India Inc.’S Corporate Scorecard
Companies overcome global headwinds and domestic challenges to ride the growth train.
The Rupee Got Its Mojo Back!
The rupee is holding strong against the dollar index compared with six major currencies in Asia.
In Weak Spirit
Ethanol futures dropped to $2.11 per gallon, marking the lowest level since February 2022, owing to production expansion, adjusted blending mandates, and increased stockpiles.
Kolkata's Bangur Richest Cement Entrepreneur
Benu Gopal Bangur of Shree Cement leads the cement category, followed by Yadu Hari Dalmia of Dalmia Bharat and Sushila Devi Singhania of J K Cements.
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