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Railway Budget 2013: Railway stocks derail, see losses of up to 16%

Last Updated: Tuesday, February 26, 2013, 18:40

Share prices of companies that cater to the railway sector like Stone India, Kernex Microsystems and Kalindee Rail tanked by as much as 16 percent in the absence of big ticket announcements in the Rail Budget on Tuesday.

Rail Budget 2013: Rail freight rate hike to push up foodgrain, LPG prices

Last Updated: Tuesday, February 26, 2013, 18:22

Railway freight rate was on Tuesday hiked by nearly 6 percent across the board, which is likely to result in higher prices of foodgrain, diesel and LPG.

Disappointed with rail budget: Kerala minister

Last Updated: Tuesday, February 26, 2013, 18:04

Aryadan Mohammed, Kerala minister for railways, Tuesday said he was disappointed as the state was expecting to get more than what was offered in the railway budget presented in the Lok Sabha.

Railway Budget 2013: Arunachal to get first rail line this year, says Pawan Bansal

Last Updated: Tuesday, February 26, 2013, 18:03

In an apparent response to China bettering its transport infrastructure along its western frontiers, Railway Minister Pawan Kumar Bansal on Tuesday announced that Arunachal Pradesh will get its first rail line this year.

Fact sheet on Indian Railways, world`s fourth largest network

Last Updated: Tuesday, February 26, 2013, 17:59

The Indian Railways not just runs the world`s fourth largest railroad network but is also among the largest employers.

Rail Budget 2013: 'Rail budget disappointing for suburban commuters'

Last Updated: Tuesday, February 26, 2013, 17:55

"The suburban commuters had a lot of expectations from Union Railway Minister Pawan Kumar Bansal. But his budget has been disappointing in many ways," National Railway Users' Consultative Committee member Subhash Gupta said.

Rail Budget 2013: Rail freight hike to fuel inflationary pressure, says economists

Last Updated: Tuesday, February 26, 2013, 17:52

Over 5 percent increase in railway freight on all major commodities like foodgrains, petroleum products and fertiliser will fuel inflationary pressure, say economists.

'Rail budget disappointing for suburban commuters'

Last Updated: Tuesday, February 26, 2013, 17:44

With around 75 lakh people using the suburban rail network every day in the country's financial capital, local trains carry more than twice their capacity in the peak hours.

Rail Budget 2013: Bansal’s family gives 10/10 for Budget

Last Updated: Tuesday, February 26, 2013, 17:38

Coming to the rescue of Bansal, his family unanimously supported the minister’s budget and the slew of measures adopted by the Railways for the current year.

Rail Budget 2013: SIDELIGHTS

Last Updated: Tuesday, February 26, 2013, 17:26

Pawan Kumar Bansal's maiden railway budget appeared to have been shown the red signal by allies and supporting parties if the uproar in the Lok Sabha was an indication.

CII welcomes Railway Budget 2013-14, says it is very balanced

Last Updated: Tuesday, February 26, 2013, 17:20

The Confederation of Indian Industry (CII) on Tuesday welcomed the Railway Budget 2013-14 proposals, saying that under the given economic conditions, Railway Minister Pawan Kumar Bansal had presented a very balanced set of proposals.

Rail Budget will increase burden on common man: Opposition

Last Updated: Tuesday, February 26, 2013, 17:13

The Opposition on Tuesday slammed the Rail Budget for increasing the burden on the common man, with BJP terming it as "pedestrian" and "discriminatory" while Left said it does not give any hope on railways` future.