Arav Sen

Railways suggests changes to private partnership policy

NEW DELHI: Railways has proposed two major amendments to its over a decade-old public private partnership (PPP) policy to bring greater certainty in recovery of private investment and reduce risk. The changes will include offering a 50-year concession period and railways taking the entire responsibility of land acquisition.Officials said the revised policy is crucial, considering…

Read More

Aramco scrips surge 4%, most in three years

Saudi Aramco jumped the most since April 2023 on Sunday as the Iran war entered its second week, prompting supply disruptions that may send oil prices higher when global markets reopen. Shares of the state-backed oil giant climbed as much as 4.9% in Riyadh before paring gains to close up 4.1%, on the first day…

Read More

‘Hoppers’ scores HIGEST opening for original animated film with USD 88 million haul; ‘The Bride!’ FLOPS |

Disney and Pixar’s environmental adventure ‘Hoppers’ topped the North American box office this weekend with USD 46 million in domestic ticket sales in its opening weekend, according to studio estimates Sunday.After adding another USD 42 million from international showings, the film celebrated an USD 88 million global launch in total, the biggest for an original…

Read More

District domestic product estimation to be better

NEW DELHI: India’s official statistical machinery is set to better its estimation of district domestic products (DDP), with the availability of more granular data in the new GDP series, statistics secretary Saurabh Garg told TOI.“We have given more focus on having more granular data in this series, so that state domestic products are captured much…

Read More