Passenger Fare

Jul 19, 2015 at 17:08 | Source: PTI
Jet Airways announced special premiere fares for all passengers travelling on its domestic network between July 20 & October 15. The all inclusive premiere fares will start from Rs 6,999 for distances less than 750 km & Rs 8,999 for distances between 750 km & 1000 km, the company said.
Apr 27, 2015 at 20:02 | Source: CNBC-TV18
With the aviation regulator unbundling the check-in baggage facility, airlines are gearing up to charge passengers for every bag they check-in, and SpiceJet has been first off the block.
Feb 27, 2015 at 09:58 | Source: CNBC-TV18
Sanjeev Prasad of Kotak Institutional Equities is bearish on the Indian equity market as he believes the current valuations are too stretched.
Feb 27, 2015 at 08:42 | Source: Moneycontrol.com
Emkay feels the Budget estimates for improved operating profit is based on optimistic assumptions for freight and passenger traffic and also the ability to contain costs.
Feb 26, 2015 at 14:17 | Source: PTI
Presenting the first full-fledged Rail Budget of the Modi government for 2015-16, he made adjustments in freight rates that exempted salt but would hike rates on carriage of cement, coal and coke, iron or steel and petroleum products.
Feb 26, 2015 at 14:12 | Source: Moneycontrol.com
Railway minister Suresh Prabhu has proposed to set up an infrastructure fund, holding company to raise long-term debt, along with setting up a financing cell in Railway Board. In order to finance capex, he plans to tap into MPLAD funds, to raise funds from pension and insurance funds and multilateral agencies.
Feb 26, 2015 at 14:00 | Source: Reuters
However, Railway Minister Suresh Prabhu said there would be no increase in passenger rail fares.
Feb 26, 2015 at 13:57 | Source: Moneycontrol.com
Railway Minister Suresh Prabhu's Budget had plenty of ideas on ways to improve the four Cs: cleanliness, capacity, comfort and even catering. But it missed out on one important C: capital.
Feb 26, 2015 at 13:00 | Source: Reuters
In a speech to parliament that outlined the annual railway budget, Prabhu did not lower or raise passenger fares, which are heavily subsidised.
Feb 26, 2015 at 10:57 | Source: Moneycontrol.com
In his Budget announcement, Railway Minister Suresh Prabhu thanked PM Narendra Modi and said the Indian railways will play major role in development of country.
Messages on Passenger Fare »

nimbagal

Platinum Member

167 Followers

Suzlon Energy  

Reform Measures Proposal to restructure Railway Board Aim to become the largest freight carrier in the world To complete all ongoing projects Trains, Fare & Tracks FY15 passenger fare revenue pegged at Rs 44,600 crore To introduce 6 AC, 27 Express trains in FY15 First bullet trains to run

2.58 PM Jul 8th 2014

rangahdemat

New Member

1 Followers

Budget  

Do not for a moment forget that even after `the steep hikes in passenger fares` the Indian Railways are still the cheapest in the world! Even if we have to modernize the basic facilities there is a cost involved and this has to recovered.

2.48 PM Jul 8th 2014

vihnet

New Member

0 Follower

Budget  

It`s a good beginning, at least. However, rather than rolling back passenger fare hikes, the Govt. could have hiked the fares marginally and given a stiffer hike to higher classes - i.e. First, First AC, II AC, III tier AC, etc., since most of these are funded by the companies and would not have

11.38 AM Jul 8th 2014

hande

Gold Member

8 Followers

Budget  

With passenger fare hike of 25% definitely will put the railways on the track but at the same time it will also put passengers on the track as well

11.35 AM Jul 8th 2014

R Jagannathan

Platinum Member

1337 Followers

Politics  

Why Modi should get Sadananda Gowda to junk his rail budget speech One of the criticisms levelled against Railway Minister Sadananda Gowda, who announced a big increase in passenger fares (14.2 percent) and freight (6.5 percent), is that it was some kind of disrespect for parliament, when a rail

11.23 AM Jul 8th 2014

Firstpost

Platinum Member

1044 Followers

Automotive - Sector  

Source:FirstPost - New Delhi: Having done a pre-budget hike of 14.2 percent in passenger fares and raised freight rates, Railway Minister Sadananda Gowda`s maiden budget is likely to adopt a realistic approach in announcing new trains, lines and survey in view of the cash crunch of Rs 26,000 crore

2.23 PM Jul 7th 2014

nicknamecha
nged6981

Platinum Member

55 Followers

Rei Agro  

decisions by the Narendra Modi-led government may spoil the mood on Dalal Street." In a major decision, the Railways Ministry last week announced an across-the-board hike of 14.2% in passenger fares and 6.5% in freight rates. The decision met some stiff resistance and finally the government partially

6.53 PM Jun 29th 2014

R Jagannathan

Platinum Member

1337 Followers

Politics  

be a hike in rail passenger fares and freight. And we can expect major reforms on public private partnerships (PPPs) and foreign direct investments (FDI), among other areas. In an interview to The Economic Times, Gowda was asked whether he would raise fares and freight, and his answer was “certainly

10.27 AM Jun 17th 2014

Mukkunden

New Member

0 Follower

Economy  

Yes. Some concrete steps needed to correct the economy and take the country in a right direction. For the past ten years only votebank measures were taken because of coalition pressure. Even the earlier government was not able to raise train passenger fare by Rs.10/- per ticket, which

11.52 AM Jun 16th 2014

Santosh Nair

Platinum Member

24944 Followers

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 2014

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