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Mukul Roy announces partial rollback in rail fare hike

Roy announced rollback in rail fare hike in Sleeper class, AC Chair car, Sub-Urban and 3rd AC while fares in 1st and 2nd AC will remain unchanged.

Govt confident of smooth sailing for rail, general budget

Rejecting the opposition charge that it has lost the number after the Railway Minister Dinesh Trivedi issue, government Thursday expressed the confidence of a smooth passage of the motion of thanks to the President's address as also the rail budget and general budget.

Railway stocks extend losses on profit-booking

Stocks of companies in the railways business continued to decline and fell by up to 6 percent on bourses after Wednesday's Rail Budget, which did not provide them any major direct benefits.

Railways approves 17 projects to ensure smooth input movement

The Railways Wednesday sanctioned 17 projects and identified 28 more to ensure connectivity for facilitating smooth movement of raw materials from mines to ports (first and last mile).

Passenger fare hike had become necessary: Railway Board

Holding that passenger fare hike had become necessary to balance its budget and strengthen the financial position, the Railways today said the move will fetch the network Rs 6,500 to Rs 7000 crore.

Montek hails Railways move to create tariff body

Plan panel Deputy Chairman Montek Singh Ahluwalia Wednesday welcomed the initiative to set up a Rail Tariff Regulatory Authority for rationalising fare and freight rates, in the Railway budget.

Trivedi for linking fares with fuel costs

Railway Minister Dinesh Trivedi after raising passenger fares for the first time in eight years, wants to link the fares to the cost of fuel -increasing or decreasing with changes in fuel rates.

Mumbai, Chennai, Kolkata to get additional rail services

In good news for people who use local trains in Mumbai, Chennai and Kolkata, Railway Minister Dinesh Trivedi Wednesday announced 137 additional services in sub-urban train network.

Won’t allow hike in passenger fares: Mamata

Expressing her anguish over the unexpected hike in passenger fares announced in Rail Budget 2012-13 by Railway Minister Dinesh Trivedi, Trinamool Congress (TMC) president Mamata Banerjee on Wednesday said she is not in favour of the hike.

Trivedi refuses to toe Mamata-Lalu line

Railway Minister Dinesh Trivedi's maiden budget presentation in the Lok Sabha Wednesday was comparatively low-key to those by his predecessors Mamata Banerjee and Lalu Prasad with fewer quips, jibes, jeers and interventions during his speech.

Stage Managed or Rift Within

How does one read the open fight between Trinamool and its Rail Minister?

Won't allow hike in rail fares: Mamata

West Bengal Chief Minister and TMC boss Mamata Banerjee declared Wednesday that she will not allow any hike in railway fares proposed in the Railway Budget by her own nominee Dinesh Trivedi, the Railway Minister.

Certain positive developments in Railway Budget: Pranab

Hailing the Railway Budget for "certain positive developments", Finance Minister Pranab Mukherjee today if the exercise succeeded in cutting operating costs, it would be a major improvement.

Trivedi justifies fare hike; says it's in interest of railways

Unfazed by the attack on him by his own party for raising rail fares, Railway Minister Dinesh Trivedi Wednesday justified the move saying it was a "conscious decision" in the best interest of the Railways.

Trivedi hikes rail fares, comes under attack from own party

Biting the bullet, Railway Minister Dinesh Trivedi on Wednesday proposed a stiff across-the-board hike in passenger fares to net Rs 4,000 crore extra a year in his budget but his proposals were immediately attacked by his own party Trinamool Congress that could trigger a political crisis.

Rail Budget 2012: New coach, locomotive factories

The rail minister informed the Parliament that the rail wheel plant at Chhapra has successfully produced 78 wheels during 2011-12 and the plant would be ready for full commissioning in 2012-13.

Rail Budget 2012: 84 more Adarsh stations

Railway Minister, Shri Dinesh Trivedi in Railway Budget has announced upgradation of 84 stations as Adarsh Stations in the current financial year.

Mumbai, Kolkata, Chennai get new suburban trains

In his maiden Rail Budget, Railway Minister Dinesh Trivedi had much to offer for the teeming millions who are depend on suburban train services in metro cities like Mumbai, Kolkata and Chennai.

Rail Budget forward-looking: PM

Prime Minister Manmohan Singh Tuesday hailed as "forward-looking" the Rail Budget which has proposed hike in passenger fares in various ranges in different categories.

Two more double-decker AC trains to be introduced

Two double-decker trains and a Shatabdi train are among 72 new express trains announced in the Rail Budget 2012-13.