Freight Rate Hike
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Railway Fares May Be Hiked Later, Says Opposition In Parliament
Accusing the government of making "bogus claims" in the Railway Budget, the Opposition today said though there was no proposal to hike fares and freight rates, there was every possibility for it to do so like in the previous year.
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No Passenger Fare Hike, But Here's How Rail Budget Could Pinch You
Railway Minister Suresh Prabhu did not hike passenger fares in his first Railway Budget, providing relief to millions of passengers, for whom railways continues to be the preferred mode of transport. However, freight charges were hiked for several commodities.
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Rail Budget: Freight Rate Hike to Get Rs 4,000 Crore
Railway Minister Suresh Prabhu on Thursday announced hiked freight rates on cement, coal, food grain and pulses, urea, kerosene and LPG by up to 10 per cent to mop up an additional Rs 4,000 crore per year but spared passengers from any raise in fares while ruling out privatisation.
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Rail Budget: Freight Rate Hike May Push Up Commodity Prices
Cement, coal, steel and urea prices are likely to go up with the Railways Minister proposing a freight hike of up to 10 per cent for various commodities.
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Railway Budget: 10 Big Highlights
Railway Minister Suresh Prabhu on Thursday spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.
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Sensex Cracks Over 300 Points as Rail Freight Rates Hiked
IT, healthcare, auto and consumer durables stocks were the worst hit in trades today.
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Railway Budget: No Increase in Train Passenger Fares
Railway Minister Suresh Prabhu on Thursday spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.
-
Rail Budget Proposes FDI, Private Investment, PPP Projects
Having already effected a steep hike, the railway budget for 2014-15 spared passengers of any fresh revision in fares and freight rates but pitched for reforms by proposing private and Foreign Direct Investment and Public Private Partnership (PPP) to meet the resource crunch.
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Kerala Chief Minister Calls For Roll Back of Rail Fare Hike
Kerala Chief Minister Oommen Chandy today asked the Centre to roll back railway passenger fare and freight rate hikes as it would lead to rise in prices of essential commodities.
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Rail Stocks Rally on Hike in Passenger Fare, Freight Rates
Reacting to the development, shares of Kalindee Rail Nirman rose by about 2 per cent to Rs 121.75, Texmaco Infrastructure by 3 per cent at Rs 39.65 and Texmaco Rail Engineers by over 3 per cent to Rs 121 in morning trade on the BSE.
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Cement Shares Fall after Freight Rate Hike
The cement industry transports nearly a third of its production through railways, and freight forms about a fourth of its operating expenses, investors say.
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Jaitley Says Rail Fare Hikes Correct, Markets Give Thumbs-Up
India's railway network is one of the world's largest, but years of low investment and subsidised fares have crippled growth forcing the Modi government to announce a passenger fare hike of 14.2 per cent and freight rate hike of 6.5 per cent on Friday. The passenger fare hike could bring nearly Rs 6,000 crore to the railways.
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Rail Fare Hike Difficult but Correct Decision, Says Arun Jaitley
Defending the steep hike in rail fare and freight rates as a 'difficult but correct decision', Finance Minister Arun Jaitley today said the railways can survive only if users pay for availing of facilities.
-
Rail Fare Hike Difficult But Correct Decision, Says Finance Minister Arun Jaitley
Defending the steep hike in rail fare and freight rates as a 'difficult but correct decision', Finance Minister Arun Jaitley today said the Railways can survive only if users pay for availing of facilities.
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Rail Fare Hike: Mumbai to Shell Out Over Two-Times More
Already hit hard by poor and inefficient services, the woes of the suburban rail commuters in the metropolis are going to be compounded further with the season ticket rates going up by more than double across classes.
-
Railway Fares May Be Hiked Later, Says Opposition In Parliament
Accusing the government of making "bogus claims" in the Railway Budget, the Opposition today said though there was no proposal to hike fares and freight rates, there was every possibility for it to do so like in the previous year.
-
No Passenger Fare Hike, But Here's How Rail Budget Could Pinch You
Railway Minister Suresh Prabhu did not hike passenger fares in his first Railway Budget, providing relief to millions of passengers, for whom railways continues to be the preferred mode of transport. However, freight charges were hiked for several commodities.
-
Rail Budget: Freight Rate Hike to Get Rs 4,000 Crore
Railway Minister Suresh Prabhu on Thursday announced hiked freight rates on cement, coal, food grain and pulses, urea, kerosene and LPG by up to 10 per cent to mop up an additional Rs 4,000 crore per year but spared passengers from any raise in fares while ruling out privatisation.
-
Rail Budget: Freight Rate Hike May Push Up Commodity Prices
Cement, coal, steel and urea prices are likely to go up with the Railways Minister proposing a freight hike of up to 10 per cent for various commodities.
-
Railway Budget: 10 Big Highlights
Railway Minister Suresh Prabhu on Thursday spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.
-
Sensex Cracks Over 300 Points as Rail Freight Rates Hiked
IT, healthcare, auto and consumer durables stocks were the worst hit in trades today.
-
Railway Budget: No Increase in Train Passenger Fares
Railway Minister Suresh Prabhu on Thursday spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.
-
Rail Budget Proposes FDI, Private Investment, PPP Projects
Having already effected a steep hike, the railway budget for 2014-15 spared passengers of any fresh revision in fares and freight rates but pitched for reforms by proposing private and Foreign Direct Investment and Public Private Partnership (PPP) to meet the resource crunch.
-
Kerala Chief Minister Calls For Roll Back of Rail Fare Hike
Kerala Chief Minister Oommen Chandy today asked the Centre to roll back railway passenger fare and freight rate hikes as it would lead to rise in prices of essential commodities.
-
Rail Stocks Rally on Hike in Passenger Fare, Freight Rates
Reacting to the development, shares of Kalindee Rail Nirman rose by about 2 per cent to Rs 121.75, Texmaco Infrastructure by 3 per cent at Rs 39.65 and Texmaco Rail Engineers by over 3 per cent to Rs 121 in morning trade on the BSE.
-
Cement Shares Fall after Freight Rate Hike
The cement industry transports nearly a third of its production through railways, and freight forms about a fourth of its operating expenses, investors say.
-
Jaitley Says Rail Fare Hikes Correct, Markets Give Thumbs-Up
India's railway network is one of the world's largest, but years of low investment and subsidised fares have crippled growth forcing the Modi government to announce a passenger fare hike of 14.2 per cent and freight rate hike of 6.5 per cent on Friday. The passenger fare hike could bring nearly Rs 6,000 crore to the railways.
-
Rail Fare Hike Difficult but Correct Decision, Says Arun Jaitley
Defending the steep hike in rail fare and freight rates as a 'difficult but correct decision', Finance Minister Arun Jaitley today said the railways can survive only if users pay for availing of facilities.
-
Rail Fare Hike Difficult But Correct Decision, Says Finance Minister Arun Jaitley
Defending the steep hike in rail fare and freight rates as a 'difficult but correct decision', Finance Minister Arun Jaitley today said the Railways can survive only if users pay for availing of facilities.
-
Rail Fare Hike: Mumbai to Shell Out Over Two-Times More
Already hit hard by poor and inefficient services, the woes of the suburban rail commuters in the metropolis are going to be compounded further with the season ticket rates going up by more than double across classes.
