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Watch: Top 10 Headlines @8:00 am

-Hanumanthappa's condition is very serious.
-David Headley will again appear at the Mumbai Court.
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Railways to have independent mechanism to fix fares

Railways to have independent mechanism to fix fares

"We will have an institutional mechanism which will take into account the efficiency to decide passenger fare and freight rate," Railway Minister Suresh Prabhu said Wednesday.

Jaya welcomes Rail Budget, against fuel price linked fares

Tamil Nadu Chief Minister J Jayalalithaa Tuesday described the NDA government`s maiden Railway Budget as "fiscally responsible and bold" but urged the Centre to spare common man of the `previous government`s policy of fuel price linked fare increases`.

Narendra Modi`s new austerity drive: No new cars for NDA ministers

In yet another move to bring in austerity within his government, Prime Minister Narendra Modi has ordered all the ministers to refrain from buying new cars, reports said on Thursday.

Train passenger fares likely to be hiked

Railway Ministry is considering to propose a hike in passenger fares in the Rail Budget 2014-15 slated to be presented by Railway Minister Sadananda Gowda in the second week of next month.

Assocham asks for further hike in railway fares

Industry body Assocham on Tuesday asked the government to further raise the rail passenger fares of to finance the huge investments required for modernisation and safety of Indian Railways.

Bansal rules out any roll back of fare hike

Cash-strapped Railways on Wednesday announced about 25 percent passenger fare hike for all classes to be effective from January 22.

No hike in train fares: Trivedi

Railway Minister Dinesh Trivedi on Friday ruled out a hike in train fares, saying a move to that effect was not a solution for improving the fiscal health of the country's largest public transporter.

Upper class train fares may go up

After the recent hike in freight rates by six percent, upper class train journey may also become costly with the Railways finalising plan to rationalise passenger fares to tide over its financial problems.

Rail journey may cost more; fares may get aligned with market rate

Common man braving the severe impact of price rise may soon face another blow in the form of higher freight and passenger fare if a proposal by the Railway Ministry is accepted.