Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains. Full Article | Slideshow
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Indian railways plans to borrow $3 bln in 2012/13
NEW DELHI |
NEW DELHI (Reuters) - India's railway ministry plans to borrow 150 billion rupees from the market through the Indian Railway Finance Corporation (IRFC) in the 2012/13 fiscal year, Railway Minister Dinesh Trivedi said on Wednesday.
Speaking as he unveiled the ministry's budget to parliament, he also said India planned to invest $147 billion in the railways during the next five-year plan period that runs from 2012 to 2017.
(Reporting by Matthias Williams and Manoj Kumar; editing by Malini Menon)
- Tweet this
- Share this
- Digg this