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

    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.

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

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

    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 steel.

  • PK Bansal: Budget not populist, just meeting aspirational needs

    PK Bansal: Budget not populist, just meeting aspirational needs

    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 Bansal says he is just trying to meet the aspirational needs of the people.

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

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

    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 of fuel surcharge on the passenger fare as well.

  • Rail Budget gives Mumbai additional services, AC coaches

    Rail Budget gives Mumbai additional services, AC coaches

    The commute of Mumbai citizens is expected to get a little better in the current financial year with the announcement of additional services and safety measures in the Rail Budget.

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

    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.

  • Highlights of Rail Budget 2013-2014

    Highlights of Rail Budget 2013-2014

    Here is a look at provisions introduced by the Rail Minister PK Bansal in his Budget.

  • Street believes railways may see windfall: Macquarie

    Street believes railways may see windfall: Macquarie

    Last year‘s Budget had pegged the plan outlay for FY13 at around USD 11billion, based on the premise that a large chunk would be financed through internal revenue generation.

  • Omax Auto intends to buy land in Gujarat for mfg unit

    Omax Auto intends to buy land in Gujarat for mfg unit

    PK Bansal, CFO, Omax Auto, in an interview to CNBC-TV18 said because of market conditions and their commercial vehicle unit not doing well, they will post lower revenues amounting to Rs 1,150 crore in FY13 compared to Rs 1,287 crore which they posted in FY12.

  • Bansal evasive on another round of fare hike

    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.

  • Ready to discuss all issues in session, says PK Bansal

    Ready to discuss all issues in session, says PK Bansal

    PK Bansal, Parliamentary Affairs Minister and Water Resources Minister urges the government to bring forth legislations which it intends to take up for discussions.

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