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 09:48 | Source: Moneycontrol.com
Railway Minister Mallikarjun Kharge is likely to announce new trains and some measures for providing better amenities at stations and trains besides steps to strengthen safety for passengers.
Feb 12, 2014 at 09:15 | Source: Moneycontrol.com
The rupee opened higher by 15 paise at 62.07 per dollar as against Tuesday's closing value of 62.22 to dollar. The dollar held off a two-week low against a basket of major currencies early on Wednesday, having rebounded after Federal Reserve Chief Janet Yellen offered no surprises on policy in her inaugural congressional testimony.
Feb 27, 2013 at 18:19 | Source: Moneycontrol.com
According to India Ratings, the proposed 5.79% increase in rail freight as per the Railway Budget 2013-2014 may negatively impact the margins of the cement industry.
Feb 26, 2013 at 22:46 | Source: CNBC-TV18
After the Railway Minister PK Bansal hiked rail freight fares in the Railway Budget 2013-14 today, S Narsing Rao, chairman and managing director, Coal India doesn't see the hike having any direct impact on the company.
Feb 26, 2013 at 19:33 | Source: PTI
Indian Railways today increased freight charges for transporting diesel, cooking gas and kerosene by 5.8 percent, but oil firms may not immediately pass on the hike to consumers.
Feb 26, 2013 at 18:58 | Source: PTI
Raising hopes of smooth and much faster online bookings of rail tickets, Railways Minister P K Bansal today said a new e-ticketing system will be deployed by December-end which will allow 7,200 bookings per minute against the present 2,000.
Feb 26, 2013 at 18:34 | Source: PTI
Cement may get costlier by Rs seven per bag of 50 kg because of the hike in freight rate by 5.79 per cent in Railway Budget today, but manufacturers of the building material said a final call will be taken after the Union Budget.
Feb 26, 2013 at 18:23 | Source: PTI
The Railway Budget was a mixed bag for India Inc with industry bodies cautioning that the hike in freight charges will fuel inflation, while other chambers said some proposals if implemented could set the growth multiplier in motion.