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Trivedi for linking fares with fuel costs

Railway minister Dinesh Trivedi after raising passenger fares for the first time in eight years, wants to link the fares to the cost of fuel -increasing or decreasing with changes in fuel rates.

Mumbai elevated rail corridor may become a reality

Barring the nominal fare hike, Mumbai's suburban commuters have many things to cheer about in the rail budget for 2012-13 presented in parliament Wednesday by Railway minister Dinesh Trivedi.

Two more double-decker AC trains to be introduced

Two double-decker trains and a Shatabdi train are among 72 new express trains announced in the Rail Budget 2012-13.

Balanced Rail Budget by Trivedi: India Inc

India Inc welcomed the Railway Budget by describing it as "balanced" focused on passenger safety and infrastructure modernisation.

Rail Budget is directionless, anti-people: BJP

BJP today termed the Railway Budget as "directionless" and "anti-people", saying it will add to the woes of the common man already facing the brunt of spiralling prices.

Cong backs hike in rail fares

Congress today backed the hike in rail fares in the railway budget saying it was "very minor" and necessary in view of the increase in fuel prices.

Indian Railways aims to cut operating ratio

Indian Railways aims to cut operating ratio, which is the money spent to earn every Rs.100, to 84.9 percent in 2012-13 from 95 percent in the current financial year, Railways Minister Dinesh Trivedi said today.

Railway stocks derail on ambiguity, profit-taking

In line with the budget announcement of a hike in passenger fares in the range of 2 paisa per kilometre to 30 paisa per kilometre in various categories of trains, most Railway stocks dropped 4-6% on the Bombay Stock Exchange on Wednesday.

TMC's Derek O'Brien opposes railway price hike

'Sorry, cannot agree,' tweeted Trinamool Congress leader Derek O'Brien today opposing the fare hike proposed by his party colleague and Railway Minister Dinesh Trivedi.

Rail fares to go up for first time in 10 years

Presenting a populist budget, Railways Minister Dinesh Trivedi on Wednesday announced marginal hike in passenger fares ranging from 2 paisa per kilometre to 30 paise per kilometre in various categories of trains despite noting that Railways was passing through a "difficult phase".

Rail Budget forward-looking: PM Manmohan Singh

Prime Minister Manmohan Singh today hailed as "forward-looking" the Rail Budget which has proposed hike in passenger fares in various ranges in different categories.

New trains announced to keep Mamata's promise

A week ahead of his maiden budget March 14, railway minister Dinesh Trivedi on Friday announced 26 new trains, extended runs of five existing trains, increased the frequency of two trains and introduced five new suburban trains, promised by his party boss Mamata Banerjee last year.

Trivedi's budget to include Rs. 20,000 cr safety proj

Railways minister Dinesh Trivedi is planning to create a big splash in his budget speech of March 14 by unveiling plans to deploy the world’s largest European Train Control System project. Srinand Jha reports.

Rail Budget likely to cater to TMC aspirations in N-E

The seven north-eastern states, which hold the key for Trinamool Congress to emerge as a national party, could be bestowed with a slew of new rail projects in the upcoming Rail Budget.
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What do you expect from Budget 2012?

The Budget 2012-13 will be presented on March 16 by the Union finance minister Pranab Mukherjee. Share with us your views and expectations from the finance minister on this year's budget.