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Passenger Fare

Feb 14, 2014 at 18:26 | Source: Moneycontrol.com
Most players do not see Mondays Vote on Account being a key near term trigger for the market. The Railway Budget was a tame affair with no increase in both freight and passenger fares, and the market is not expecting any surprises from the Finance Minister either.
Feb 12, 2014 at 17:07 | Source: Firstpost.com
While Kharge was not expected to raise passenger fares (politically unthinkable anyway) or freight (given the state of the economy), the numbers contained some good news nevertheless.
Feb 12, 2014 at 13:09 | Source: Moneycontrol.com
The minister announced 17 new premium trains and 38 express trains, but did not announce anything on freight rate or passenger fare. He said that extending rail connectivity to the North East states has been the focus area, adding that Meghalaya and Arunachal Pradesh are set to come on the railway map.
Feb 12, 2014 at 13:00 | Source: Moneycontrol.com
Railway minister Mallikarjun Kharge presented UPA-II's last Railway Budget. The minister proposed to introduce 17 new premium and 38 express trains but freight rates and passenger fares unchanged.
Feb 12, 2014 at 12:32 | Source: Moneycontrol.com
In a speech marred by angry protests by lawmakers over the Telangana issue, the Minister, as expected, refrained from any decision on revising passenger or freight fares. After announcing some new trains, the minister largely stuck to presenting the accounts of the previous year and made forecasts for the next financial year.
Feb 12, 2014 at 11:19 | Source: CNBC-TV18
Umesh Choudhary of Titagarh Wagons thinks that theres a little possibility of reducing passenger rail fares, but feels that Railway Minister may introduce variable passenger component.
Feb 12, 2014 at 11:01 | Source: IBNLive.com
In the past five years, the Rail Bhawan saw six new ministers. For the first time in 17 years, the portfolio went to the Congress. Pawan Bansal did end 10 years of populism by announcing a hike in passenger fare, but soon exited on charges of corruption.
Jan 01, 2014 at 12:04 | Source: CNBC-TV18
Sales of mini passenger cars, including M800, Alto, A-Star and WagonR, were up 16.7 percent at 38,286 units in December as against 32,797 units in the year-ago period.
Dec 27, 2013 at 17:56 | Source: CNBC-TV18
Rajesh Magow, Co-founder and Ceo India, MakeMyTrip Inc, spoke with CNBC-TV18 about the festive season and whether consumers have put off traveling due to high fares.
Dec 22, 2013 at 14:08 | Source: PTI
GoAir had seen a growth of 25 per cent in passenger traffic by November this year by improving its seat capacity. To a question on air fares, De Roni said he did not expect the airlines to cut fares at this stage due to cost-structure.
Messages on Passenger Fare »

Santosh Nair

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Market Outlook - Short Term  

near term trigger for the market. The Railway Budget was a tame affair with no increase in both freight and passenger fares, and the market is not expecting any surprises from the Finance Minister either. Small and mid cap shares were out of favour this week, with the respective indices

6.16 PM Feb 14th

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Budget  

Source:Economic Times - NEW DELHI: India Inc today said the government`s focus on modernisation and expansion of the country`s vast rail network without touching passenger fares and freight rates was a step in the right direction. Expressing happiness on no populist measures being incorporated

2.20 PM Feb 13th

josekiss

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Reliance  

products have emerged as the lead export of an energy-deficient and energy-starved India. Contrary to common belief, even coal carries no subsidies. Instead, haulage of coal and petroleum products by rail, cross-subsidises passenger fares. *Myth 2: India`s energy prices are low compared to international

7.27 PM Feb 12th

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Budget  

Source:Business Today - Union Railways Minister Mallikarjun Kharge Highlight30:Lok Sabha adjourned for the day amid uproar during presentation of Interim Rail Budget which was laid on table.# Highlight29:No change in passenger fares and freight charges.#Highlight28:72 new trains to be introduced

5.19 PM Feb 12th

R Jagannathan

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Other Market Topics  

Do you think he should have cut passenger fares now?

5.07 PM Feb 12th

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Budget  

Source:Economic Times - NEW DELHI: Even as Railway Minister Mallikarjun Kharge on Wednesday kept passenger fares unchanged in his Interim Railway Budget 2014, he announced that seventeen new premium trains and 38 express trains will be introduced. In an announcement that will bring cheer

2.54 PM Feb 12th

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Budget  

Source:Zee Business - Pic Courtesy: - New Delhi: Faced with a revenue shortfall, Railway Minister Mallikarjun Kharge will not bring about reduction in basic passenger fares in the interim budget on Wednesday but is likely to make adjustment in fuel adjustment component so that impact on fares

2.54 PM Feb 12th

R Jagannathan

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892 Followers

Budget  

speeches that railway ministers are prone to give. While Kharge was not expected to raise passenger fares (politically unthinkable anyway) or freight (given the state of the economy), the numbers contained some good news nevertheless. The key cause for some cheer is that 2013-14’s freight loading target

2.30 PM Feb 12th

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Budget  

Source:IBNLive - New Delhi: Railway Minister Mallikarjun Kharge presented the Interim Railway Budget 2014 in the Lok Sabha on Wednesday amidst uproar by Seemandhra MPs protesting against Telangana. There has been no change in passenger fares while 72 new 

2.06 PM Feb 12th

raj2099

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Indian indices  

Mallikarjun Kharge likely to announce more trains, new lines in interim rail budget: Faced with a revenue shortfall, railway minister Mallikarjun Kharge will not bring about reduction in basic passenger fares in the interim budget on Wednesday but is likely to make adjustment in fuel adjustment

2.42 PM Feb 11th

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Feb 28, 2014 at 16:14 | Source: FirstPost
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