Railway Budget 2013

Electricity rates might increase in Gujarat: Minister

Minister of State for Energy Saurabh Patel today claimed that a 5.7 per cent increase in freight in Railway budget would make electricity six paisa per unit costlier in Gujarat.

Mar 04, 2013, 23:43 PM IST

Disappointed over Rail Budget, Maha MPs meet Bansal

Cutting across party lines, MPs from Maharashtra today met Railway Minister Pawan Kumar Bansal to convey their grave disappointment over the Rail Budget which handed over a "raw deal" to the state.

Feb 27, 2013, 22:29 PM IST

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.

Feb 27, 2013, 22:12 PM IST

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.

Feb 26, 2013, 22:37 PM IST

NCP dismayed over rail budget, says Mumbai `neglected`

NCP expressed disappointment over the railway budget with its chief Sharad Pawar telling a meeting of the UPA coordination committee that Mumbai has been neglected, which is "not acceptable".

Feb 26, 2013, 21:58 PM IST

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.

Feb 26, 2013, 21:50 PM IST

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.

Feb 26, 2013, 21:48 PM IST

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.

Feb 26, 2013, 21:26 PM IST

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.

Feb 26, 2013, 21:24 PM IST

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.

Feb 26, 2013, 20:00 PM IST

Railway Budget disappointing for Karnataka: CM

Karnataka Chief Minister Jagadish Shettar on Tuesday termed the Railway Budget as `disappointing` as it did not include most of the projects proposed by the state government and flayed the hike in freight rates.

Feb 26, 2013, 19:45 PM IST

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.

Feb 26, 2013, 19:27 PM IST

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.

Feb 26, 2013, 19:19 PM IST

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.

Feb 26, 2013, 19:06 PM IST

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.

Feb 26, 2013, 19:03 PM IST

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.

Feb 26, 2013, 18:40 PM IST

Rail Budget will have spiralling effect on prices: CPI(M)

Slamming the Railway Budget, CPI(M) on Tuesday said it will hit the common man further through direct hike in freight rates and an indirect hike in passenger fare charges and will have a spiralling effect on prices.

Feb 26, 2013, 18:04 PM IST

`Lalu, Paswan should reconsider support to UPA`

Bihar Deputy Chief Minister Sushil Kumar Modi on Tuesday asked RJD and LJP to reconsider their outside support to the UPA government.

Feb 26, 2013, 18:03 PM IST

'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.

Feb 26, 2013, 17:44 PM IST

Bhupinder Singh Hooda hails Railway budget

Hailing the Rail budget, Haryana Chief Minister Bhupinder Singh Hooda the introduction of new rail lines had fulfilled long-standing demands of the state.

Feb 26, 2013, 17:42 PM IST