Chinese stock markets suffered their biggest single-day drop since the global financial crisis.

Indian basket at 6-month low of $49.11 a bbl

Has the rail ministry taken care to draw up a transparent framework?

The Indian basket represents the price of Oman and Dubai sour grade crude.

BookMyTrain charges the customer Rs 40 for delivering a sleeper class ticket and Rs 60 per ticket for AC class.

New service will also make waitlisted tickets a thing of the past.

Govt diverts Rs 253-crore subsidy savings to the poor.

The sector is witnessing weak tendering.

Declining crude price translates into lower under-recoveries for OMCs

The losses ranged between Rs 33,204 and Rs 10,90,480.

The ministry has also decided to offer station for redevelopment by inviting open bids from companies.

Government's fuel subsidy estimate was based on crude oil at $70.

Lacklustre incentives and unclear policies have always kep private players at bay from investing in Indian Railways.

The growth, however, may not indicate a major revival of economic activity.

Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.

The number of infrastructure projects cleared by a monitoring group set up in the Cabinet Secretariat had increased consistently in the past year.

Operating ratio is a parameter that measures financial performance.

Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.

Freight earnings accounted for 65 per cent of IR's total earnings of Rs 144,167 crore (Rs 1,441.67 billion) in 2013-14.

The ongoing oil price decline is mainly a result of oversupply in the global market