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Railway Fares

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 20:26 | Source: CNBC-TV18
Railway Minister Suresh Prabhu stayed away from announcing populist measures no fare hike, no new trains -- as he presented his maiden Railway Budget Thursday.
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 12:23 | Source: Moneycontrol.com
The government has hiked freight rate by 6.3 percent for coal, 10 percent for urea, 0.8 percent for iron & steel and 2.7 percent for cement companies. However, freight rate is lowered by 1 percent for high speed diesel. The government is eyeing to rake in Rs 1.21 lakh crore in FY16 versus Rs 1.06 lakh crore in FY15.
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 Railway Fares »

R Jagannathan

Platinum Member

1216 Followers

Politics  

railway fares, only to chicken out partially. Sops were extended to the auto and sugar industries just like old times. The import stable door was bolted so that voters in the sugar belt of Maharashtra – up in a few months for elections – would not look at the political gift-horse in the mouth. Yesterday

1.26 PM Jun 30th 2014

Firstpost

Platinum Member

985 Followers

CARE  

Source:FirstPost - On completion of his first 30 days in office, Prime Minister Narendra Modi may have rued not having the luxury of an extended `honeymoon period`, but he and his ministerial colleagues are acutely aware that their problems are fairly serious.After a hike in railway fares

6.15 PM Jun 28th 2014

longtermpla
yer

Silver Member

2 Followers

Politics  

You double the railway fares and then bring them down and say we increased by only 14%.No honeymoon 100 days required for that.

12.44 PM Jun 27th 2014

Other Market Topics  

The only work visible is Railway fare hike, Diesel fare hike, Sugar price hike ... We are waiting to see the real work first in the Union budget, when we can really see if there is any seriousness in tackling inflation. Upto now, we have seen only lip service, but price hikes in everything

11.46 AM Jun 27th 2014

rnkofchenna
i

Silver Member

10 Followers

SpiceJet  

on proving themselves that they can not think beyond votes. See their knee-jerk actions on Railway fares vis-a-vis to the opposition from urban consumers, particularly the Mumbaikars! And a loser/winner like Mr Jaitley accepts/endorses that the decisions were made by UPA!

3.06 PM Jun 25th 2014

R Jagannathan

Platinum Member

1216 Followers

Budget  

prices being adjusted, railways fares being rationalised, sugar partly decontrolled. Takes pride in dumping "oppressive, colonial" land acquisition laws in 2013, passage of Food Bill, opening up of multi-brand retail, blah-blah. If Chidu is exciting the faithfuls in the party with his loud defence

1.30 PM Feb 17th 2014

vimalkapoor
1964

Platinum Member

223 Followers

News Now  

This is a result of the apathy of our Central Govt which has resulted in the loss of so many innocent and precious human lives by way of these needless accidents which could have been highly prevented if Mr Dinesh Trivedi was not forced to resign, when he decided to increase railway fares to raise

4.19 PM Jan 9th 2014

chandraksa

Platinum Member

30 Followers

Karnataka Bank  

mamatha banerji was herdal in congress led govt.after her departure only congress took bold decisions like retail FDI diesel pr. hike and railway fare hike.

12.04 PM Dec 7th 2013

vsrswamy

Platinum Member

288 Followers

Newsmakers  

It is true the government inaction is brining pain to the markets and inturn to the public. But Mamata has no moral authority to say so. What she has done in the last few years as the chief minister of WB? What is anti-people policies as per Mamatha? Increasing the railway fares and oil

10.08 AM Aug 31st 2013

babuji555

Platinum Member

1148 Followers

Sun Pharma  

All around there is just talk of keep increasing prices by the govt. Wether it is oil, gas , railway fares etc..this corrupt congress govt. is looting the country.The indian bureaucracy, politicians, police, press and good number of citizens are available for sale, only you must know the price tag…!!!!!!

9.46 PM Aug 21st 2013

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