-The Hindu Union Railway Minister C.P. Joshi has announced the decision to constitute a Rail Tariff Authority, based on which the next hike in passenger fares and freight rates will be effected. The Tariff Authority is an attempt at insulating the Railways from various hikes being effected by the government, including on fuel price, which officials regard as having made the operation of the Railways in the current situation unviable. Addressing the Economic...

-Outlook Expanding its facility, Railways have included all trains under its online train tracking service, trainenquiry.com, providing updated information about their movements. According to a statement issued today, train running information can also be sources by sending SMS to 139. All that one has to do is type 'SPOT' and send it to 139. The development comes in the wake of real-time train tracking system SIMRAN (Satellite Imaging for Rail Navigation) developed by...

-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

-The Telegraph All environment-related roadblocks relating to government projects will be handled by the Prime Minister’s Office, finance minister P. Chidambaram has told a review meeting of infrastructure projects. His remark suggested the government is in a hurry to complete all infrastructure projects in time for the elections. Environment minister Jayanthi Natarajan and her team appeared to be everyone’s favourite punching bag at the meeting, attended by all core infrastructure ministries, including those...