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SAIL incurs a total loss of Rs.1378 crore

During the first two quarters of 2015-16, SAIL incurred a total loss of Rs.1378 crore. The major reasons for losses are reduction in the Net Sales Realisation of saleable steel, increased expenditure towards royalty on iron ore, volatility…

Revenue Earning System of Railways

Against huge requirement of resources for expansion and modernisation, Railways’ revenue earning system does not leave much surplus for investment and modernisation in Railways. Railways’ internal resource generation for plan investment in…