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Sanraksha Kosh

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FM announces Rs 1.48 lakh crore for Railways

There's a 13 per cent increase over last year, in an effort to put its flagging revenues back on track. Illustration: Dominic Xavier/Rediff.com Finance Minister Arun Jaitley on Thursday......

Railway budget: No service charge on e-tickets; new safety fund to be set up

With railways plagued by repeated derailments, government on Wednesday proposed setting up of a special safety fund of Rs 1 lakh crore that will cover upgrade of tracks and signalling besides......

'Railways will petition regulator for fare changes'

'We have secured long-term funding of Rs 5 lakh crore (Rs 5 trillion) from Life Insurance Corporation from which we can draw at least Rs 30,000 crore (Rs 300 billion) annually.' 'We are trying to......

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