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Railway Ministry sets in motion ₹ 2-trillion budgetary push

The people have high expectations from the Rail Budget as the Union Finance Minister Nirmala Sithar…

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Railway stocks have been buzzing for the last one month on expectation of significant budget allocation

In the last year’s budget, India’s Finance Minister Nirmala Sitharaman had announced ₹1.10 lakh …

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2 mins read

2016 for Indian Railways: Shortfall of about Rs 14,000 crore in total revenue earnings

The year 2016 will also be remembered for government taking a historic decision of doing away with …

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Delhi-Gorakhpur Humsafar Express to have dynamic pricing to boost revenue of the railways

The train was scheduled to be flagged off this month, but it was delayed owing to various reasons, …

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No hikes in the fare this Railway Budget 2016 but can Railway Minister Suresh Prabhu make his grand plans come true?

Looking back at the balance sheets of the Indian Railways, one can comfortably say that the organis…

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Rail Budget 2016: Enhanced connectivity to North-Eastern states via broad-gauge

"We will connect North-eastern states of Misoram, Tripura via broad-gauge," Prabhu said. He also s…

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Rail Budget 2016: Railways have added more than 65,000 berths via new coaches, plans to add 17,000 more bio-toilets by financial year-end

He also spoke on upping the online ticketing system, saying, "We have enhanced capacity of e-ticket…

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Railway Budget 2016: Huge fillip to new jobs, to add 14cr man-days in 2018-19

Focussing strongly on the need for more innovation, Prabhu said, “We need to re-imagine the convent…

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1 min read

Rail Budget 2016: Suresh Prabhu says he is trying to fulfill PM Modi's vision

"This Budget owes its vision to that of PM Modi. We want to improve quality of customer experience,…

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2 mins read

Rail budget may hike passenger fares by 5 to 10%

Facing resource crunch, Railways is said to be mulling the possibility of effecting a 5 to 10 per c…

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Highest ever allocation for WB in rail budget; non-availability of land delaying projects: Goyal

"Once someone became a minister, he would announce projects without first checking if there were fu…

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1 min read

Railway Budget 2016: The 10 numbers that matter the most

2) The number of people employed by railways is 13.1 lakh, which makes it the country's single bigg…

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Rail Budget 2016: Suresh Prabhu plans to double investment in railways to Rs 1.2 lakh crore for FY17

"We are looking at ways to boost cost-optimisation this fiscal," Prabhu said. "We have overhauled a…

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2 mins read

Railway projects worth Rs 10,700 crore get Cabinet nod

The Cabinet cleared the construction of six railway lines and a bridge to meet passenger and freigh…

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1 min read

Rail Budget 2016: There's going to be a new rule for unreserved train tickets from March 1

An unreserved train ticket for travelling upto 199 km distance will no longer be valid after three …

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The Unviable Budget

While there was a lot of talk about investment, there wasn’t a clear cut path on how to raise the r…

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Suresh Prabhu may have bitten more than he can chew

Opposition came down heavily on Prabhu as soon as he concluded his budget speech. Angry and disappo…

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Railway stocks crash after budget

The Nifty crashed below the crucial 7,000-point support in afternoon trade and quoted at 6,976, dow…

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Consumers must pay for railway services, says Jaitley

"Railways got caught in a battle where populism prevailed over performance and the basic principle …

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Here’s how the Railways is planning to make your train food better

Railways will tomorrow announce a new policy for its catering services which shall separate the fun…