Indian Railways online ticketing subsidiary Indian Railway Catering and Tourism Corporation or IRCTC has been caught in a squabble with six banks over convenience fees on transactions. IRCTC has blocked these banks from using its payment gateway for debit card payments.

In Manmohan Singh-led UPA government, Lalu Yadav served as Union Railways Minister between 2004 to 2009.

The Union Finance Ministry on Monday started the process of listing three rail PSUs-IRCTC, IRFC and IRCON. Finance minister Arun Jaitley had announced that the three rail PSUs would be listed during his budget speech on February 1.

The first Budget since demonetisation has been a careful exercise by Finance Minister Arun Jaitley. It caters to the core constituency - farmers and lower income people - while not introducing anything that hurt industry.

In last week's budget, Finance Minister Arun Jaitley set a Rs 72500 crore ($10.76 billion) target for divestment in the 12 months from April 1, up from a revised Rs 45500 crore  goal in the current fiscal year.

With less than two months to go for the current financial year to come to a close, Finance Minister Arun Jaitley has exuded confidence that receipts from PSU disinvestment will touch Rs 45,000 crore in 2016-17.

Government is aiming big ticket divestment through listing of railway PSU IRCTC.

\"We will continuously endeavour to improve the Operating Ratio of the Railways. The tariffs of Railways will be fixed, taking the costs, quality of service, social obligations and competition from other forms of transport into consideration,\" Jaitley said.

Finance Minister Arun Jaitley on Wednesday presented Union Budget 2017-18 in Lok Sabha. 

An alleged data theft case has sent the Indian Railway Board and IRCTC users in a frenzy. The Board has now established a high-level committee comprising six experts to get to the bottom of the alleged hack.

Yum posted its third straight quarter of sales declines in India, where analysts say it is being outpaced by ambitious rivals like Domino's Pizza Inc and McDonald's Corp.

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 -

Virtually all pro-Apple bloggers are up in arms against Xiaomi. The company is growing fast, especially in China where it has positioned itself as the poor man's Apple.

Railway Minister DV Sadananda Gowda present his maiden Railway Budget in Parliament. 

The overall cost of the makeover is pegged at Rs 243 crore - Rs 155 crore for New Delhi, Rs 50 crore for Old Delhi and Rs 38 crore for Nizamuddin.

The stock market may be an unpredictable place, but this is one reversal of fortune that is too sudden even for those who did not blink at Dalal Street’s crazy plunge.

Is it worthwhile to explore a career in the government after B-school? A sampling of B-school bureaucrats answer an emphatic yes.