Railway Budget will be presented on February 26.
The Rail Budget will be presented in the first week of July and a balance between the 'commercial and human face' of the railways will be maintained, railway minister Mamata Banerjee said on Thursday. She also hinted that she would spend more time in her home state than in Delhi as the official work can also be carried out from West Bengal.
The railways recently successfully completed an experiment on the Delhi-Agra route for semi-high speed (up to 160 km/hr).
Ten people were killed in rain-triggered floods in China as Typhoon Noul made landfall early Sunday in the southern province of Guangdong.
Continuing the trend of the past few years, the Railway Budget for 2007-08 may leave the second class train fare unchanged, but upper class AC and freight fares may be 'rationalised,' a euphemism for an upward revision.
The Railway Budget is progressive and wil ensure growth.
The maiden Railway Budget of the Narendra Modi-led NDA government seems to have not gone down well with the suburban commuters as it does not offer anything new to them, commuters associations in Mumbai said.
The 30-share Sensex ended down 261 points at 28,747 and the 50-share Nifty ended down 83 points at 8,684.
Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations
The Budget reflects a clear focus on strengthening India's long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.
Capex, infrastructure development, and prudent fiscal management are the key focus areas in the Budget, says Nilesh Shah.
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.
The Indian Railways will borrow Rs 15,000 crore (Rs 150 billion) from the market through its dedicated financing arm IRFC in the 2012-13 fiscal, Railway Minister Dinesh Trivedi said on Wednesday.
BJP termed the Rail Budget as disappointing and the concessions it gives an eyewash.
The 30-share barometer started higher, but lost its way soon after the railway budget.
Rashtriya Janata Dal chief Lalu Prasad on Wednesday described the railway budget as 'disappointing' and said the ministry's attempt to attract private firms to fund the rail projects is like 'chasing a dream'.
Though the Railway Minister did not propose any increase in basic rail fares, the hike in reservation fees and supplementary charges will mean an increase of Rs 5 to Rs 25 in fares for all classes in superfast trains.
Reiterating Sitharaman's statement that this is a youth power budget, Modi emphasised that the provisions made in the budget will prepare leaders, innovators and creators across different sectors.
This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
According to sources close to her, the budget in a way would reflect Mamata's vision for the Railways in the coming years and means of generating resources for key projects.
The Indian Rice Exporter's Federation (IREF) on Tuesday urged the government to provide tax incentives, interest subvention and freight support in the upcoming 2026 Budget to strengthen the sector's competitiveness while addressing sustainability concerns.
Union Railway Minister Lalu Prasad Yadav presented the Railway Budget for 2004-2005 in the Lok Sabha on Tuesday (July 6, 2004).
Lok Sabha on Tuesday passed the vote on account for the Railway Budget for 2005-06
The first Railway Budget of this Bharatiya Janata Party-led National Democratic Alliance government is a cosmetic exercise, high on rhetoric and low in substance, the CPI-M said.
India's decrepit state-run train services stand to receive at least a 25 percent boost in investment to over $9 billion.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for the preparation of the Union Budget 2026-27, to be unveiled on February 1 in the Lok Sabha.
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.
Prime Minister Manmohan Singh on Friday hailed Railway Minister Mamata Banerjee for doing a 'competent job' at a short notice, saying the Railway Budget will make train travel an "enjoyable experience".
He has now to show that he can take on the vested interests within the railways which are resisting change through corporatisation
The Railways will invest Rs 1.21 lakh crore (Rs 1.21 trillion) in 2016-17.
Prabhu's maiden Railway budget is high on vision.
"The Railway Minister has presented a very responsible, practical and implementable budget," Chidambram told reporters outside Parliament.
A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.
Railway Minister Lalu Prasad Yadav will present his maiden Budget in the Lok Sabha on Tuesday that is widely expected to be pro-poor with no increase in second class suburban and passenger fares and freight charges.
Stepping up its offensive against the United Progressive Alliance government on the "tainted" ministers issue, the National Democratic Alliance on Friday decided to boycott the presentation of Railway Budget by Lalu Prasad Yadav in Lok Sabha on Satur
Highlights of the Railway Budget 2004-2005 presented by the Union Minister of Railways Lalu Prasad Yadav in the Lok Sabha on Tuesday.
