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Railway Budget News

26 Feb 2015

Tata Steel hopes Budget to take steps to arrest rising imports

Tata Steel on Thursday said it expects Finance Minister Arun Jaitley will take necessary measures in the upcoming Union Budget to rein in rising steel imports for making the domestic industry competitive.

26 Feb 2015

Sensex, Nifty wash out initial gains on fresh selling

Both the indices, sensex and Nifty, washed out initial gains on fresh selling mainly in Auto, Healthcare, IT, Consumer Durable and Banking sectors ahead of the Railway Budget and was trailing down by about 67 points at 1100 hours.

25 Feb 2015

Rail Budget 2015: No possibility of reduction in train fares

Ahead of presentation of the Railway Budget in Parliament on Thursday, government has ruled out the possibility of reducing train fares, saying they were "already low".

19 Feb 2015

No possibility of reduction in train fares: MoS Railways

Ahead of presentation of the Railway Budget in Parliament next week, government on Thursday ruled out the possibility of reducing train fares, saying they were "already low".

31 Jan 2015

Feasibility report on Bullet train being prepared, says Prabhu

Railway Minister Suresh Prabhu on Saturday said the feasibility report on high-speed bullet train between Ahmedabad and Mumbai was being prepared with the assistance of a Japan government's company.

01 Feb 2015

Railway passenger fare won't be reduced despite diesel price cut: Suresh Prabhu

Union Railway Minister Suresh Prabhu on Saturday said that although diesel prices have come down, reduction in passenger fares is unlikely to happen.

04 Feb 2015

Railway Minister hints there may not be any cut in train fares

Railway Minister Suresh Prabhu on Thursday hinted that there may not be any cut in train fares in spite of the fall in diesel prices.

05 Jan 2015

Railway Budget 2015: Less on populism, more on substance

Keen to bring in fundamental changes in the manner in which Indian Railways operates, Rail Minister Suresh Prabhu may abandon the populist path in Rail Budget 2015.

Rail Budget 2014

14 Jul 2014

Modi Govt's maiden Rail Budget to be discussed in Parliament today

The Narendra Modi government's maiden Rail Budget will be discussed by both Lok Sabha and Rajya Sabha on Monday.

Railway budget 2014

09 Jul 2014

Railways launches Go-India smart card

As smart cards are increasingly becoming popular among the people, the Railways has now launched Go-India Smart Card.

Rail Budget 2014

09 Jul 2014

Govt decides to separate 'overlapping' roles of Railway Board

In a move aimed at improving efficiency of the Railways, the government Tuesday announced the decision to separate the "unwieldy" Railway Board's functions of policy formulation and implementation.

08 Jul 2014

Sensex crashes 518 points after Railway budget

Slipping from record highs, the Sensex Tuesday plunged 518 points and the Nifty tanked 164 points in their worst drop in 10 months on profit booking as investors said Narendra Modi-led NDA government's first Railway budget carried no big-bang announcement.

09 Jul 2014

Periodic fuel price-linked passenger fare hike to continue

FDI will not be allowed in core operational areas, he said, adding these areas will remain with the Railways.

Railway budget 2014

08 Jul 2014

58 new trains proposed in Rail Budget

As many as 58 new trains, including five new 'Jansadharan' trains and an equal number of premium group of trains have been proposed in the Rail Budget presented by Railway Minister Sadananda Gowda Tuesday.

Railway budget 2014

09 Jul 2014

Railway Budget 2014: Full Text

Full text of Railways minister Sadananda Gowda presenting the Railway Budget 2014 in the Parliament.

09 Jul 2014

Rail Budget 2014 futuristic, growth-oriented: Narendra Modi

In a series of tweets, Modi said, "Rail Budget shows the important role of Railways in India's development journey."

Railway budget 2014

08 Jul 2014

Rail Budget well thought out, non-populist, says KPMG

Hailing the Railway Budget as "well thought-out" and non-populist, global consultancy KPMG Tuesday said it provides the much needed strategic financial headroom required for the railways to make critical investments in its modernization and expansion plans.

08 Jul 2014

Rail Budget 2014 signals Modi govt's aspirations for higher growth: Gowda

The Railway Minister also announced a slew of measures for giving passenger friendly services.

08 Jul 2014

Railways plan to take up Eco-Tourism in North East States

The minister said, he proposes to introduce specially packaged trains for these circuits.

Railway budget 2014

08 Jul 2014

Railway Min to seek Cabinet nod for FDI policy relaxation

Looking to attract funds for infrastructure development, the Railways Ministry would seek approval of the Union Cabinet to relax foreign direct investment policy to overcome cash crunch.

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