News for 'Rail Budget'

Railways to complete 550-km of new lines

Railways to complete 550-km of new lines

Rediff.com24 Feb 2006

Railways proposes to complete over 550 kms of new lines in eight sections, Railway Minister Lalu Prasad Yadav announced on Friday.

NDA will not disrupt Parliament

NDA will not disrupt Parliament

Rediff.com6 Jul 2004

Leader of the Opposition Lal Kishenchand Advani said the protest against 'tainted ministers' will continue through other means outside Parliament.

Railways' coach unit likely at Singur if. . .

Railways' coach unit likely at Singur if. . .

Rediff.com24 Feb 2010

"Railways has received a request from the government of West Bengal to set up a coach factory in Singur," Banerjee said while presenting the rail budget for 2010-11 in Parliament.

Soon, Internet on Rajdhani, Shatabdi trains

Soon, Internet on Rajdhani, Shatabdi trains

Rediff.com15 Feb 2008

Railway Minister Lalu Prasad is expected to announce a slew of initiatives for select Shatabdi and Rajdhani trains in the coming rail budget, including access to on-board free Internet and Direct-to-Home (DTH) services.

White paper on rail safety soon: Nitish

White paper on rail safety soon: Nitish

Rediff.com6 Mar 2003

A white paper on rail safety would be presented in Parliament during the current Budget session for a threadbare debate taking into consideration all aspects of passengers' protection, Railway Minister Nitish Kumar told the Lok Sabha on Thursday.\n\n\n\n

Mamata, business chambers to discuss rail PPPs

Mamata, business chambers to discuss rail PPPs

Rediff.com29 Jan 2010

The meeting is a prelude to the framing of a public private partnership policy for the railways.

46 new trains: Take a look!

46 new trains: Take a look!

Rediff.com26 Feb 2005

The Railway Minister Lalu Prasad on Saturday proposed to start 46 new trains in the Rail Budget for 2005-06.

Lalu vows more, AC local trains

Lalu vows more, AC local trains

Rediff.com26 Feb 2007

In a move that will bring cheer to rail commuters in Mumbai, Railway Minister Lalu Prasad on Monday said suburban train services in Mumbai would be increased.

NDA fails to derail Lalu

NDA fails to derail Lalu

Rediff.com26 Feb 2007

It was noise and pandemonium all around but Lalu Prasad Yadav's Rail Budget speech chugged on in the Lok Sabha on Monday non-stop till it reached its destination.

Record Rs 1.10 lakh cr for Railways in Budget

Record Rs 1.10 lakh cr for Railways in Budget

Rediff.com1 Feb 2021

Finance Minister Nirmala Sitharaman announced on Monday a record sum of Rs 1.10 lakh crore for the Railways, out of which Rs 1.07 lakh crore is for capital expenditure, and said the national transporter would monetise the dedicated freight corridors after its commissioning. Presenting the Union Budget 2021-22, Sitharaman also applauded the services provided by the Railways to transport essential goods across the country during the coronavirus lockdown.

Budget: How to make a fortune from stocks

Budget: How to make a fortune from stocks

Rediff.com24 Feb 2015

There is a lot of optimism as regards the defence, railway and manufacturing sectors.

Can election manifestos show the way to Viksit Bharat?

Can election manifestos show the way to Viksit Bharat?

Rediff.com18 Mar 2024

Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.

Railways set record with Rs 25,000 crore profit

Railways set record with Rs 25,000 crore profit

Rediff.com26 Feb 2008

Presenting his fifth Rail Budget in the Lok Sabha on Tuesday, Railways Minister Lalu Prasad said that the Railways had set up new profit records in 2007-08 attaining a profit of Rs 25,000 crore.

Rail fares may be hiked soon

Rail fares may be hiked soon

Rediff.com3 Oct 2013

A proposal to increase rail fare is under examination and a decision will be taken shortly, Railway Minister Mallikarjun Kharge said on Thursday.

Why India must scrap a separate Railway Budget

Why India must scrap a separate Railway Budget

Rediff.com1 Aug 2016

The Union government is reportedly considering doing away with the practice of presenting a separate Railway Budget.

Budget sets India up for next-gen infrastructure: Goyal

Budget sets India up for next-gen infrastructure: Goyal

Rediff.com1 Feb 2019

Terming infrastructure as the "backbone" of any nation's development, Goyal while presenting the interim Budget for 2019-20 in the Lok Sabha said India aspires to be a USD 10 trillion economy in the next eight years, and on the anvil is next generation infrastructure of roads, railways, seaports, airports, urban transport, gas and electric transmission and inland waterways.

Bad news! No possibility of reduction in train fares

Bad news! No possibility of reduction in train fares

Rediff.com19 Feb 2015

The minister of state said the requirement of the ministry was more and resources were limited.

FM must present a business friendly, politically viable Budget

FM must present a business friendly, politically viable Budget

Rediff.com30 Jun 2014

The record of the new government would be spotless but for the increase in rail fares and the delay in gas price hike

Investors richer by over Rs 6.34 lakh cr as markets cheer Budget

Investors richer by over Rs 6.34 lakh cr as markets cheer Budget

Rediff.com1 Feb 2021

Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.

'Let's integrate our rail, airport infrastructure'

'Let's integrate our rail, airport infrastructure'

Rediff.com22 Mar 2016

India as a large country should have inter-modal connectivity, which will help us make travel easier, safer and seamless. That is how you will also gain. You will gain more money, make more revenues, says Praful Patel.

'Rule of BJP govt has seen backbreaking all-round price rise'

'Rule of BJP govt has seen backbreaking all-round price rise'

Rediff.com7 Jul 2014

Slamming the Bharatiya Janata Party government for spurt in prices of essential commodities during its 45-day rule, Opposition Congress on Monday took potshots at Prime Minister Narendra Modi for riding to power on promise of controlling inflation yet doing nothing on it.

Investors should focus on larger cement players as outlook improves

Investors should focus on larger cement players as outlook improves

Rediff.com20 Jun 2024

After some enforced slowdown in offtake during April-May 2024 due to elections, the cement sector is looking at a possible demand rebound which may help it to push up prices. The April'24 offtake was muted while May'24 saw some improvement with a likely 5-6 per cent rise in demand month-on-month (MoM). In June, some price hikes seem to have been taken, which suggests more sustained improvement in demand.

Rail Tariff Authority gets nod

Rail Tariff Authority gets nod

Rediff.com21 Jan 2014

In August 2013, the Cabinet had given an in-principle nod to set up the authority and sent a draft note to the railways, to be discussed with the law ministry.

Railways set right vital statistic

Railways set right vital statistic

Rediff.com10 Feb 2006

Lalu cuts AC, second-class rail fares

Lalu cuts AC, second-class rail fares

Rediff.com26 Feb 2007

Railway Minister Lalu Prasad in his pro-poor Railway Budget for 2007-08 presented in the Lok Sabha on Monday announced major relief for passengers by cutting fares across the board.

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Modi flags off Kerala's 1st Vande Bharat train, launches Kochi Water Metro

Rediff.com25 Apr 2023

Kerala Governor Arif Mohammed Khan, Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor were also present with the PM as he interacted with the students inside the train.

Delhi-Lucknow double decker train to be launched soon

Delhi-Lucknow double decker train to be launched soon

Rediff.com19 Feb 2015

Suresh Prabhu was speaking on the sidelines of an RPF function.

'High-speed rail is a mistake for India'

'High-speed rail is a mistake for India'

Rediff.com22 Aug 2016

Hyperloop concept was first released in 2013 by Tesla and SpaceX's Elon Musk as an alternative to high-speed rail

Arun Jaitley's Budget firsts

Arun Jaitley's Budget firsts

Rediff.com7 Sep 2016

Going by the number of changes Mr Jaitley's next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya.

Railway Budget: Fares may not be hiked

Railway Budget: Fares may not be hiked

Rediff.com23 Feb 2010

For the seventh year in a row, passenger fares are unlikely to be revised in the Railway Budget to be presented on Wednesday Mamata Banerjee is once again set to reach out to the common man with populist measures.

HIGHLIGHTS: Union Budget 2017-18

HIGHLIGHTS: Union Budget 2017-18

Rediff.com1 Feb 2017

Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.

Expenses drive hole in Railway's austerity plan

Expenses drive hole in Railway's austerity plan

Rediff.com26 Feb 2003

Climbing down from its austerity drive, Railway Minister Nitish Kumar on Wednesday pegged working expenses of the Railways higher at Rs 39447.14 crore (Rs 394.47 billion) for 2003-04

Steel: Sidelined by budget

Steel: Sidelined by budget

Rediff.com7 Jul 2009

The levy of service tax for transport of goods by rail, transport of cargo, goods through inland water including national waterways will hike the transport cost.

Don't chug off to rail-related stocks: Analysts

Don't chug off to rail-related stocks: Analysts

Rediff.com24 Feb 2016

Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.

Google's free Wi-Fi service arrives at Bhubaneswar railway station

Google's free Wi-Fi service arrives at Bhubaneswar railway station

Rediff.com17 Apr 2016

The project will eventually be rolled out to cover 400 railway stations across India

BJP govt implementing social justice: Modi on budget

BJP govt implementing social justice: Modi on budget

Rediff.com1 Feb 2018

Modi termed it a 'historic document' to fulfil his government's aim of 'sabka sath sabka vikas'.

'Swachh Rail will lead to a Swachh Bharat'

'Swachh Rail will lead to a Swachh Bharat'

Rediff.com26 Feb 2015

The minister outlined proposals on cleanliness.

Senior citizen age limit reduced to 60 years

Senior citizen age limit reduced to 60 years

Rediff.com26 Feb 2003

Rail Budget for 2003-04 has proposed bringing down the age limit for senior citizens concession from 65 years to 60 years.

India Inc bets big on rail orders

India Inc bets big on rail orders

Rediff.com27 Feb 2015

The redevelopment of stations is good news for construction companies.