Railway Budget News

Key Bills to be discussed in Parliament today   

11 Mar 2013, 12.49 pm  |  Source: Moneycontrol.com

As the Parliament session kickstarts again for the week today, discussion on Railway Budget is expected to be made. The Securities and Exchange Board ...

No price increase this month, may hike in April: JSW Steel  

08 Mar 2013, 4.23 pm  |  Source: PTI

JSW Steel is likely to increase prices of its products next month as rising prices in the international markets are hitting its margins, a top company...

Railway Budget 2013: Fiscal sustainability vital for Rlys: Mehta Equities  

28 Feb 2013, 8.18 am  |  Source: Moneycontrol.com

Railway Budget for 2013-2014. Bansal underlined the need for the Indian Railways to remain financially sustainable, especially at times when resources...

Rail freight hike may impact cement margins: India Ratings  

27 Feb 2013, 6.19 pm  |  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 c...

Rail Budget: Focus on safety, consolidation, passenger amenities  

27 Feb 2013, 3.12 pm  |  Source: Moneycontrol.com

The Railway Budget for 2013-14, while emphasizing on its priority to increase rail safety and security, also seeks to raise investment in modernizatio...

Rail Budget: Focus on amenities, modernisation & revenues key highlights  

27 Feb 2013, 11.41 am  |  Source: Moneycontrol.com

The Union Railways Minister Pawan Bansal has presented the Railways Budget for the year 2013 to the Parliament today. ...

Market tumbles on weak global cues, Rail Budget disappoints   

26 Feb 2013, 10.51 pm  |  Source: CNBC-TV18

It was a bad day for the market, though it didn't look all that bad in the morning. The global markets were surely down overnight and we started about...

Won't have direct impact of rail freight hike: Coal India   

26 Feb 2013, 10.46 pm  |  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...

Injustice done to AP in Railway Budget, says TDP  

26 Feb 2013, 10.38 pm  |  Source: PTI

Lamenting that injustice has been done to Andhra Pradesh in the railway budget yet again, the Telugu Desam Party (TDP) today lashed out at the Congres...

Budget 2013: Investors eye growth-deficit balance, says Ridham Desai   

26 Feb 2013, 9.40 pm  |  Source: CNBC-TV18

Ridham Desai of Morgan Stanley thinks the European woes are to be blamed for the beating that the market took. According to him, a slightly aggressive...

Railway Budget 2013: Move to appoint freight regulator positive: Transport Corp  

26 Feb 2013, 8.22 pm  |  Source: Moneycontrol.com

Railway Budget 2013-14 has been a mixed bag for both passengers and the logistics sector. The minister deserves special kudos for continuing with mode...

Railway Budget: Shrewd balance between populism, pragmatism: Essar Steel  

26 Feb 2013, 8.16 pm  |  Source: Moneycontrol.com

The Railway Budget marked a departure from recent past as it was shrewd balance between populism and pragmatism, though overall it lacked an insight t...

Railway Budget 2013: Freight hike to affect Govt's fertiliser subsidy bill  

26 Feb 2013, 7.56 pm  |  Source: PTI

Government's fertiliser subsidy bill will increase in the wake of a hike in freight rate by the railways on crop nutrients....

Rail Budget: Freight rate hike may push up steel prices by 5-8%  

26 Feb 2013, 7.49 pm  |  Source: PTI

Steel prices may go up by 5-8 percent from April due to 5.8 percent increase in rail freight charges on the movement of iron ore as well as finished s...

Railway Budget 2013: Oil cos may not pass on freight hike to consumers  

26 Feb 2013, 7.33 pm  |  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 pa...

Rail Budget non-event; FM may eye fisc in Budget: Tulsian    

26 Feb 2013, 7.14 pm  |  Source: CNBC-TV18

SP Tulsian of sptulsian.com, says that the Railway Budget was a non-event. In the Railway Budget, freight has been linked with the oil price hike, so ...

See Nifty in 150 points range on Budget day: Tata Invest   

26 Feb 2013, 6.59 pm  |  Source: CNBC-TV18

Despite a disastrous day at the market, Amit Dalal, executive director, Tata Investment, is confident that the market will not see a big correction on...

Rail Budget 2013-14: Railways to increase e-ticket capacity to 7,200 per minute  

26 Feb 2013, 6.58 pm  |  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 depl...

Rail Budget 2013-14: Religare Cap: Austerity, fare hikes welcome move  

26 Feb 2013, 6.48 pm  |  Source: Moneycontrol.com

We believe the Railway Budget for FY14 has chosen a balance of austerity and responsibility, while acknowledging the macro slowdown. ...

Railway Budget: Cement may get costlier following freight rate hike  

26 Feb 2013, 6.34 pm  |  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 o...

PK Bansal: Budget not populist, just meeting aspirational needs   

26 Feb 2013, 6.31 pm  |  Source: CNBC-TV18

After announcing a Railway Budget with no fare hikes, despite the fuel hike that will cost the Indian Railways Rs 850 crore, Railway Minister PK Bansa...

Railway Budget 2013: Railway Budget a mixed bag for India Inc  

26 Feb 2013, 6.23 pm  |  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 cha...

Arunachal to get first rail line this year: Bansal  

26 Feb 2013, 6.02 pm  |  Source: PTI

In an apparent response to China bettering its transport infrastructure along its western frontiers, Railway Minister Pawan Kumar Bansal today announc...

Indian Railway Budget: Hike to improve system, add Rs 4,683cr to revenue: Bansal  

26 Feb 2013, 6.01 pm  |  Source: PTI

An over five per cent increase in freight tariff due to imposition of fuel adjustment component (FAC) from April and a hike in supplementary charges o...

Railway Budget 2013: Rail Budget disappointing for suburban commuters  

26 Feb 2013, 5.42 pm  |  Source: PTI

The suburban railway commuters' bodies today said they were disappointed by the budget as it has overlooked the hardships faced by about 75 lakh daily...

Railway Budget 2013: Railways plan Rs 4,000cr invst for coal mines connectivity  

26 Feb 2013, 5.30 pm  |  Source: PTI

In a major initiative to address concerns of the power sector, Railways is planning to invest about Rs 4,000 crore to enhance rail connectivity to coa...

Rail Budget 2013-14: Focus on modernisation welcome move: Hind Rectifiers  

26 Feb 2013, 4.30 pm  |  Source: Moneycontrol.com

Some of the noteworthy positives in the just announced railway budget would be the completion of 1,200 kms of electrification and the gauge conversion...

Indian Railway Budget: 67 express trains, 26 passenger trains introduced  

26 Feb 2013, 4.26 pm  |  Source: PTI

As many as 67 express trains and 26 passenger trains are being introduced this year, Railway Minister Pawan Kumar Bansal announced on Tuesday. ...

Rail Budget 2013-14: Gateway Rail upset with only freight rate increase   

26 Feb 2013, 4.13 pm  |  Source: CNBC-TV18

Sachin Bhanushali, Gateway Rail Freight told CNBC-TV18 that increase in freight rate alone, is not a good thing to happen and he was expecting a bit o...

Railway Budget 2013: Focus should have been on freight corridors, says Kalindee   

26 Feb 2013, 4.07 pm  |  Source: CNBC-TV18

Reacting to the Railway Budget 2013, AP Verma, Director- Finance, Kalindee Rail said, the railway minister should have given importance to freight cor...