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    • Railways gets a regulator: Expect less politics but be prepared to pay more

      Politics has always come in the way of fare hikes as parties fear losing votes. With less interference, the Railways have more freedom to hike fares.

    • New railway regulatory body gives Prabhu legroom, companies a leg up

      By giving Railways the freedom to fix fares, it will now be able to garner more money to spend on much-needed safety measures and capital expenditure.

    • Budget 2015-16: Revive capex through savings on cheap crude says Kotak Sec

      Sanjeev Prasad of Kotak Institutional Equities is bearish on the Indian equity market as he believes the current valuations are too stretched.

    • Rail Budget 2015: Prabhu bets on private partnerships, BOT to bail Railways

      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.

    • No further fare hike till next rail budget: CRB

      Passenger fares were hiked by about two percent on October 7, the second time in the current fiscal, as railways decided to link the fare with fuel adjustment component (FAC). The fare was hiked by about 20 percent earlier in January and later on reservation fee and superfast surcharges were increased from April this year.

    • Railways likely to hike passenger fares by 2-3%

      Indian Railway which is dealing with rising fuel costs is expected to hike passenger fares soon.

    • Railway Budget 2013: No hike in passenger fares; freight revenues eyed

      With an eye on elections, Railway Minister PK Bansal was forced to keep passenger fares unchanged despite railways suffering huge losses.

    • Bansal evasive on another round of fare hike

      With the rise in diesel price putting an additional burden of Rs 3,300 crores on Railways, its Minister PK Bansal today did not rule out another round of hike in passenger fares.

    • Diesel hike to cost Rs 2700 cr more a year for Railways

      The diesel price hike has put an additional burden of around Rs 2700 crore a year on the cash-strapped Railways, a senior official said today.

    • Railways not to impose service tax from July 1: Mukul Roy

      Railway Minister Mukul Roy today wrote to Prime Minister Manmohan Singh, who is now looking after the Finance portfolio, requesting him not to introduce service tax on passenger fare and freight traffic from July 1.

    • Rail Budget 2012-13: Trivedi rolls out 75 Express trains, 21 passenger trains

      Minister Dinesh Trivedi introduced 96 new trains as part of the 12th plan. His list includes introduction of 75 new Express trains and 21 passenger trains.

    • Higher class rail fares may go up

      Higher class travel may become costly as railways is mulling plans to revise passenger fares to tide over its financial problems and improve safety-related infrastructure.

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