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Railway Budget 2013: Rail freight rate hike proposal needs a re-look, says RINL

State-run steel maker Rashtriya Ispat Nigam on Wednesday said Railways need to take a re-look at the proposed freight rate hike as it will have an adverse impact on the steel industry.

Railway Budget 2013: Passengers give mixed reactions to Rail Budget

Passengers on Tuesday gave mixed reactions to the Rail Budget with a section welcoming it as there was no fare hike and others expressing unhappiness over trains not being announced to their home towns.

Railway Budget 2013: Iron ore export ban hits Railways freight earnings

Ban on iron ore exports from Karnataka and Goa has significantly impacted Indian Railways' freight revenue from the segment, and it has projected just about 3.77 percent growth in income from the movement of the mineral in 2013-14.

Rail Budget 2013: Soon, passengers can get travel info on board

Railway passengers on-board will soon be able to get information about their travel besides having free access to Internet facilities.

Railway Budget 2013: Railways to go green with own power company

Railways, a bulk consumer of energy, on Tuesday proposed to set up a Railway Energy Management Company shortly to bring efficiency in energy consumption and help in power purchases.

Rail Budget 2013: Rail 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.

Rail Budget 2013: NWR gets 12 new express trains

North Western Railway (NWR) got 12 new express trains to various locations besides five passengers trains in the Rail Budget 2013-14 presented by the Railways minister today, a senior official said here.

Railway Budget 2013: 11 express trains originate or pass through Delhi

Eleven out of the 67 newly announced express trains either originate or pass through the capital, while a study will be undertaken for construction of a terminal at Bijwasan railway station near the airport here.

Rail Budget 2013: Railways to borrow Rs 15,103 cr from market in current fiscal

The railways will borrow Rs 15,103 crore from the market in 2013-14, marginally higher than Rs 15,000 crore borrowings in the current financial year.

Railway Budget 2013: Analysts give mix reaction on rail budget

Analysts on Tuesday gave a mixed reaction to the railway budget, with some terming it as a "non-event" saying there were no radical measures to bridge the revenue deficit in the document, and a few calling it "pragmatic" given the limitations.

Rail Budget 2013: Railways to increase e-ticket capacity to 7,200 per minute

Raising hopes of smooth and much faster online bookings of rail tickets, Railways Minister P K Bansal Tuesday said a new e-ticketing system will be deployed by December-end which will allow 7,200 bookings per minute against the present 2,000.

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

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 disappointing for suburban commuters'

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.

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

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.

Railways to mobilise Rs 1.46 lakh crore; to miss target for FY'13

Railways Minister Pawan Kumar Bansal on Tuesday proposed to mobilise Rs 1.46 lakh crore by raising various charges.

Rs 63,363-cr annual plan for Railways in 2013-14

The Annual Plan for Railways in 2013-14 financial year is proposed at Rs 63,363 crore.

Rail Budget practical, implementable: Chidambaram

"The Railway Minister has presented a very responsible, practical and implementable budget," Chidambram told reporters outside Parliament.

Rail Budget 2013-14 is reformist, forward looking: PM

“The Railway Minister has done a commendable job in meeting competing demands of improving services and controlling expenditure,” the PM said.