Vramath Financial Services Becomes Private Limited Company..!

Vramath Financial Services becomes” Vramath Financial Services Pvt Ltd “ with logo TM a Private Limited company from Feb, 25 - 2013. Since 1999 the firms focus is on customer-first-attitude, ethical and transparent business practices, respect for professionalism, research-based…

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Ramalingam Holistic Investment interview in SUN TV on " Mutual Fund Investments"

Sun TV has done an interview with Mr. Ramalingam, Holistic Investment Planners on “Investing in Mutual Funds”. This is a 7th part of the Mutual Fund Series. You will get the following questions answered: Can I surrender my loss making Ulip and what are the factors to be consid…

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HIGHLIGHTS OF RAILWAY BUDGET 2013-14: Frequency of 24 Trains Increased..!

The Minister of Railways Mr. Pawan Kumar Bansal has announced increase in frequency of 24 trains while presenting the Railway Budget 2013-14 in Parliament yesterday.  These trains are:- 1.        12547 / 12548 Agra Fort -Ahmedabad Express 3 to 7 days 2.        11453 / 11454 A…

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Difference Between Gross Lease and Net Lease..!

Gross Lease..! A type of commercial lease where the landlord pays for the building's property taxes, insurance &  maintenance.  A gross lease can be modified in a number of ways to best meet the needs of a particular building's tenants (for example, a gross lease …

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ECONOMIC TIMES PRESENTS ACETECH 2013: 0n Chennai at November 22 to 24, 2013

The ECONOMIC TIMES Presents ACETECH 2013, is solely dedicated to the fast growing and the very popular construction industry. The Indian construction industry has a major influence on our nation‘s economy. The construction industry is amongst one of the fastest growing secto…

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Housing Prices Rise by Up to 9.6% in 18 Major Cities..!

Housing prices have risen in 18 major cities, including Delhi & Mumbai, by up to 9.6% during October to December period 2012 compared with the previous quarter, according to National Housing Bank (NHB). Mumbai and Delhi witnessed the maximum increase in housing price at 9…

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : New Trains.!

** 67 new Express trains to be introduced. ** 26 new passenger services, 8 DEMU services and 5 MEMU services to be introduced. **     Run of 57 trains to be extended. **  Frequency of 24 trains to be increased. Metropolitan Projects / Sub-urban Services..!     ^^ Introduction …

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RAILWAY BUDGET 2013 -14: Training and Recruitment..!

** 1.52 lakh vacancies being filled up this year out of which 47,000 vacancies have been earmarked for weaker sections and physically challenged. **     Imparting skills to the youth in railway related trades in 25 locations. **  Setting up of a multi-disciplinary training in…

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Concessions..!

** Complimentary card passes to recipients of Rajiv Gandhi Khel Ratna & Dhyan Chand Awards to be valid for travel by 1st Class/2nd AC. **    Complimentary card passes to Olympic Medalists and Dronacharya Awardees for travel in Rajdhani/ Shatabadi Trains. ** Travel by Duro…

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Fiscal Discipline..!

** No supplementary Demands for Grants introduced in Monsoon Session or Winter Session of Parliament;  ** Loan of  Rs. 3,000 cr repaid fully; ** 347 projects prioritized with assured funding;  ** Operationally important projects and also last mile projects to receive liberal …

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Staff Welfare..!

** Fund allocation for staff quarters enhanced to Rs 300 cr. **   Provision of hostel facilities for single women railway employees at all divisional headquarters. **   Extending treatment facility in case of medical emergency to RELHS beneficiaries to all cities in hospitals …

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Budget Estimates 2013-14

^^ Freight loading of 1047 MT, 40 MT more than 2012-13. ^^     Passenger growth - 5.2%. ^^   Gross Traffic Receipts - Rs.1,43,742 cr i.e. an increase of Rs. 18,062 cr over RE, 2012-13.     Ordinary Working Expenses - Rs. 96,500 cr. ^^     Appropriation to DRF at Rs. 7,500 cr and…

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Annual Plan 2013-14..!

**     Highest ever plan outlay of Rs. 63 363 cr.   **   Gross Budgetary Support - Rs. 26,000 cr ** Railway Safety Fund - Rs. 2,000 cr ** Internal Resources - Rs.  14,260 cr. **   EBR - Market Borrowing - Rs. 15,103 cr; **   EBR - PPP - Rs.  6,000 cr. ** 500 km new lines, 750 km …

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : IT Initiatives..!

^^   ‘Aadhar’ to be used for various passenger and staff related services. ^^  Internet ticketing from 00.30 hours to 23.30 hours. ^^  e-ticketing through mobile phones. ^^ Project of SMS alerts to passengers providing updates on reservation status.   ^^  Covering larger num…

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Financial Performance 2012-13

# #    Loading target revised to 1007 MT against 1025 MT in BE. # #     Gross Traffic Receipts fixed at Rs.1,25,680 cr in RE, short by Rs. 6,872 cr over Budget Estimates. # #      Ordinary Working Expenses retained at BE level of `84,400 cr; pension payments increased by Rs. …

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Rail Based Industries..!

New factories / workshops to be set up:      A new Forged Wheel Factory at Rae Bareli in collaboration with Rashtriya Ispat Nigam Limited. A Greenfield Mainline Electrical Multiple Units (MEMU) manufacturing facility at Bhilwara (Rajasthan) in collaboration with State Governm…

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14: Passenger / Rail Users’ Amenities..!

* Identification of 104 important stations for immediate attention to all aspects related to cleanliness. * Progressive extension of bio-toilets on trains. *   Provision of concrete aprons on platforms with mechanized cleaning Facilities. *  Extension of On Board Housekeeping …

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Rail Tourism..!

^^ Launching multi-modal travel package in cooperation with Jammu & Kashmir state government. ^^   Issuing ‘Yatra Parchis’ to pilgrims travelling by rail to Mata Vaishno Devi Shrine at the time of railway ticket booking. ^^    Introduction of an educational tourist train …

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14 : Some Achievements and Initiatives..

1. Safety; 2. Consolidation; 3. Passenger Amenities; 4. Fiscal Discipline. Some Achievements / Initiatives    * Indian Railway enters the one billion (100 Crore) tonne Select Club joining Chinese, Russian and US Railways; *  Indian Railway also joins Select Club running freig…

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HIGHLIGHTS OF THE RAILWAY BUDGET - 2013-14: Measures for improving Safety and Security..!

* Making a Corporate Safety Plan for a ten year period (2014-2024).     * Elimination of 10797 level crossings during the 12th Plan and no addition of new LCs to the IR system henceforth. * Introduction of Train Protection Warning System on Automatic Signalling Systems.  *  …

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HIGHLIGHTS OF RAILWAY BUDGET 2013-14: Electrification..!

Electrification..! 1.       Delhi Sarai Rohilla - Rewari - Palanpur - Ahmedabad including Kalol-Gandhinagar-Khodiyar and Alwar-Bandikui-Jaipur-Phulera 2.      Jakhal-Hisar 3.      Jakhal-Dhuri-Ludhiana 4.      Rajpura-Dhuri-Lehra Mohabhat 5.      Singapur Road-Damanjodi In additi…

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