He has now to show that he can take on the vested interests within the railways which are resisting change through corporatisation
Likely to be merged with Union Budget from FY18
The 30-share Sensex ended down 261 points at 28,747 and the 50-share Nifty ended down 83 points at 8,684.
The 30-share barometer started higher, but lost its way soon after the railway budget.
The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
The Opposition on Wednesday slammed the Railway Budget saying it will promote regional imbalance and criticised its use to promote political ends. Initiating the general discussion on the Railway Budget in the Rajya Sabha, Kalraj Mishra (BJP) said Uttar Pradesh and Bihar have been neglected and most of the projects have gone to West Bengal.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
The Budget allocation includes the construction of new lines and the purchase of locomotives, wagons, and coaches, among other works.
A more efficient and people sensitive Railway Services system is being rolled out with Next Generation technology, which would make e-ticketing possible through mobile phones as also provide SMS alerts on reservation status.
'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'
All meter gauge, narrow gauge sections to be made broad gauge.
The railways have been able to project improvement in finances.
Suresh Prabhu's maiden Railway Budget presentation, peppered with personal references and quotes, turned out to be a smooth affair.
Finance Minister Arun Jaitley will take a final call on whether to break the tradition of presenting a separate Rail Budget, by merging it with the General Budget.
Railway Minister P K Bansal has announced that special coaches will be launched in each train with high end facilities.
10 largecaps stocks which stand to gain from the Budget.
Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.
Roads, railways, and coal together are likely to account for 70 per cent of the government's takings from the upcoming second edition of the National Monetisation Pipeline (NMP), set to run from FY26 to FY30. In comparison, these three sectors are estimated to have contributed 66 per cent in the first edition of the NMP - FY22 to FY25.
Union Minister Ashwini Vaishnaw on Saturday said the Budget 2025-26 maintained the government's continuous push to improve Railways by allocating Rs 2.52 lakh crore to it and approving projects such as manufacturing 17,500 general coaches, 200 Vande Bharat and 100 Amrit Bharat trains, among others.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure
The best way for the railways to become more professional will be to get corporatised.
Prime Minister Narendra Modi on Friday said the world has seen the power of India's indigenous weapons during Operation Sindoor, which is 'not over yet'.
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
The early tabling of the financial Budget ends a 70-year tradition.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
The Delhi government's budget size for 2022-23 was Rs 75,800 crore and Rs 69,000 crore in the preceding year.
The 30-share Sensex ended at 26,100 mark up by 138 points and the 50-share Nifty closed at 7,787 mark up by 36 points.
Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
Fight the high season and ridiculous prices with these simple and easy travel hacks.
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
Outlining the Budget estimates for the coming year, the Railway Minister Suresh Prabhu put the plan size at Rs 1.21 lakh crore.
The Survey shows fiscal consolidation despite slowdown in growth.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
To cover most of the gap, the road ministry plans to raise $7 billion.
The national transporter is also mulling a hike in passenger fares in the Rail Budget next year to tide over the loss in passenger sector
Following the Budget being announced by Finance Minister Arun Jaitley, leaders across the political spectrum provided their views.
The computerised train enquiry system, started on an experimental basis in Patna this year, will be extended throughout the country by the end of 2005-06, Railway Minister Lalu Prasad said on Saturday.