Piyush Goyal is new Railways minister, replaces Suresh Prabhu

Piyush Goyal is new Railways minister, replaces Suresh Prabhu

NEW DELHI: Power minister Piyush Goyal, newly elevated to cabinet rank, was on Sunday given charge of the railway ministry.
Goyal replaces Suresh Prabhu who had offered to resign after a spate of train accidents in the last month.
Analysts said the BJP leadership felt Goyal has done a competent job in implementing reforms in the power and coal sectors.

NTPC: Higher NTPC output underlines governmen’t growth story

NTPC: Higher NTPC output underlines governmen’t growth story

India’s largest generation utility NTPC has produced 4.67% more power in the 11 months of the current financial year than the previous financial year, underlining government data showing the economy growing at a healthy 7% in the fourth quarter in spite of demonetisation of high-value notes in November.