Railway Minister Suresh Prabhu presented the Railway Budget for the 2015-16 financial year in the Lok Sabha on Thursday. Here's the full text of his speech -

Set up between 1993 and 2000, these subsidiaries, however, were of little account even five years ago, contributing hardly anything to the group's bottom line.

Under its Chairman U.K. Sinha, appointed in this role in 2011, Sebi has taken a slew of initiatives from cracking down on suspicious trades to improving corporate governance guidelines.

We talk about the most common mistakes that people make while saving and investing for life post retirement and how these mistakes can be corrected through timely action.

The Securities and Exchange Board of India has said the government should dilute its stake in listed public-sector companies over the next three years and cap it at 75 per cent.

If you are among the people who dream of settling abroad, it is time to start the preparations in earnest. There are some important issues such as taxation and investments that you have to address at home before you can board the flight. Here is what you must do.

Managed by Goldman Sachs Asset Management Company, a specialist in ETFs, the fund will invest in 10 Central Public Sector Enterprises or CPSEs in India. The ETF was offered at a 5% discount during the new fund offer (NFO) period from 19 March to 21 March 2014.

As many as six anchor investors put in bids for Rs 850 crore in the Central Public Sector Enterprises ETF, sources said. The government had reserved Rs 900 crore for anchor investors, or those bidding for more than Rs 10 crore of shares.

The CPSE ETF is an open-ended scheme that consists of shares of 10 major public sector units, including Oil & Natural Gas Corporation, GAIL India and Coal India.

The Reserve Bank of India has received 26 applications for banking licences. The applicants include Bandhan Financial Services, a microfinance institution with a loan book of Rs 4,500 crore. Chandra Shekhar Ghosh, Bandhan's Chairman and Managing Director, spoke with Suprotip Ghosh about the challenges new banks could face and why the microlender fits the bill for a bank licence.

Billionaire investor Carl Icahn is nominating himself and 11 other candidates for spots on the Dell Inc board of directors.

Money Today experts answer your personal finance queries - banking, insurance, real estate, taxation and more.

Global investment banker Goldman Sachs is believed to have been chosen for setting up the PSU Exchange Traded Fund (ETF) to help government achieve its disinvestment target.

Investing in mutual funds might become more expensive, but retail investors will be assured of a minimum number of shares in initial public offers as market regulator Sebi on Thursday announced extensive changes in its rules for MFs and IPOs.

A number of proposals to improve tax compliance are draconian and leave scope for harassment.

Long-overdue reforms could transform the banking landscape.

One mistake people make is to defer retirement planning till it's very late. For most, it means just contributing towards their Employee Provident Fund or Public Provident Fund accounts. But that's not enough. Here's why.

An inclusive agenda means proper privatisation of CPSEs, their competitive functioning, and market-determined prices. Anything else is sleight of hand, even if it is in the name of the poor.

An inclusive agenda means proper privatisation of CPSEs. Anything else is sleight of hand, even if it is in the name of the poor.

While asserting that there was no systemic failure in the company, Chairman T S Vijayan said the company is trying to have an internal enquiry and that the asset quality has not been impaired.