The Railway Budget for 2004-05 proposes no increase in any passenger fares for any class of travel or hike in freight rates.
Indian Airlines on Wednesday announced a 10 per cent hike in air travel on all domestic sectors with effect from June 21 citing the continuous increase in prices of aviation turbine fuel.
Price war started by Jet Airways to cap rise in fare across airlines this season.
There is no reason why railway fares and freight rates should not be fixed on the basis of commercial principles, as is done with other transport services.
The Congress on Wednesday endorsed the decision to hike railway fares, saying it becomes "inevitable" sometimes, but was evasive on whether party chief Sonia Gandhi was taken on board on the issue or not.
The move came after civil aviation minister Praful Patel warned it was time to act against any move towards cartelisation. The Directorate General of Civil Aviation shot off letters to all scheduled domestic carriers asking for information regarding the recent hike and transparency in airfare advertising, saying it should be furnished by Saturday.
Train fares have been hiked by 5 paise per km for Sleeper Class, Union Railway Minister Dinesh Trivedi announced on Wednesday.
With the elections coming to an end, the Railways on Friday hiked both passenger fares and freight rates by 14.2 per cent and 6.5 per cent respectively, effective from May 20.
The Rs 4,300-crore (Rs 43-billion) project -- marred by missed deadlines and cost overruns -- has finally started full scale test run last week between Ghatkopar and Versova and will open to public by mid-January.
The decision on the fresh round of hike has been taken under the system of fuel adjustment component about which an announcement was made in the 2011-12 rail budget.
The Maharashtra government has agreed to raise basic taxi fares in Mumbai by Rs 2 from the existing Rs 14.
The BJP, Left parties and Trinamool Congress on Wednesday slammed the government for the hike in passenger rail fares and demanded its immediate rollback.
The Bombay high court on Monday ticked off the Maharashtra government for not complying with its order to form a multi-member panel to look into recent hike in fares of autorickshaw and taxi saying the state is being held hostage by pressure groups.
Two months after Dinesh Trivedi was removed as railway minister, his party Trinamool Congress continued to target him for hiking passenger fares and advised his successor Mukul Roy on Thursday to follow the policies of Mamata Banerjee in running the organisation. Trivedi was removed from the railway ministry a few days after he presented the rail budget, in which he hiked passenger fares.
Dinesh Trivedi, late on Wednesday night, sent his resignation letter to Prime Minister Manmohan Singh, according to television reports. Mukul Roy, minister of state for shipping, who had earlier served in the railway ministry, is expected to take over. The government is also expected to announce a rollback on hike in rail fares.
A team of Trinamool Congress Members of Parliament met Railway Minister and party colleague Dinesh Trivedi soon after he presented the Railway Budget in which he proposed to hike fares across all classes.
The Bharatiya Janata Party believes its point of view hasn't reached the people as convincingly as it should have.
Trinamool politics set to trump prudence on passenger fares.
While suburban fares remain unchanged, ordinary non-AC, non-suburban fares were increased by 1 paise per km of journey. The Railways also announced a two-paise/km hike in fares of mail/express non-AC trains and four- paise/km hike in the fares of AC classes. The fare hike is also applicable to premium trains such as Shatabdi, Rajdhani and Duronto.
Private buses and taxis in West Bengal may go off the roads after the Durga Puja if fares are not increased, even as operators are pinning their hopes on an assurance by Chief Minister Mamata Banerjee to look into the issue after Lakshmi Puja.
No fare hike was announced in the Railway Budget for 2019.
The Railway Minister has announced a slew of measures that would help to make ticket booking and travelling easier for passengers.
Auto rickshaw and taxi unions in New Delhi went on a strike on Tuesday to demand a hike in fares and protesting the government's directive to install the global positioning system in their vehicles. The demand for a fare hike has been gaining momentum for some time now.
Uber on Thursday said it is now showing trip destination to drivers before they decide to accept a ride to enable them to make informed choices as the ride-hailing app announced a host of new measures promising to improve platform experience for drivers as well as riders. Upfront destination feature is already live across 20 cities and will be expanded to all others, Uber said in a statement. The move assumes significance as the government recently warned cab aggregators, including Ola and Uber, of strict action unless they improve their systems and redress mounting consumer complaints.
The sixth metro station on the network became operational in April, completing the Phase I network.
The Budget session of Parliament on Monday got off to a stormy start with the first day in Lok Sabha being virtually washed out on the issue of price rise and rail fare hike as a strident Opposition insisted on a discussion under an adjournment motion.
The national carrier, which is already struggling with its fuel payments, spends Rs 6,000-7,000 crore annually on fuel. A 10 per cent hike in crude price would mean over Rs 50-58 crore of extra costs for the airline.
'I don't think there will be a direct reaction to the fuel price hike on air ticket prices.'
The privately-run 5.1-km Gurgaon rapid Metro rail project is recording a low ridership of only about 37,500 a day, compared with the initial projection of 90,000-200,000.
Over 7,000 private buses remained off the roads on Monady following a strike call in protest against "insufficient bus fare hike."
India will soon get a Bullet train between Mumbai-Ahmedabad!
Congress leaders on Monday tried to gherao Parliament House to protest against the Bharatiya Janata Party-led National Democratic Alliance government over price rise and rail fare hike.
The record of the new government would be spotless but for the increase in rail fares and the delay in gas price hike
Fares of first class monthly season tickets will be charged four times the second class monthly season ticket fares as is done currently.
A section of auto ickshaws in the metropolis kept off roads to demand a fare hike causing inconvenience to office goers in the morning rush hour.
Travel in Delhi Metro might get costlier five months down the line with a Fare Fixation Committee appointed by the government expected to come out with its recommendations on fare hike by the middle of this year.
It was a tumultuous year for the railways as a cash-strapped ministry saw four ministers in quick succession, resulting in indecision and delay in policy making process.