Rail Budget 2015-16: Rly budget lacks vision, road map to execute ideas: Oppn

Last Updated: Thursday, February 26, 2015, 14:55

Opposition today attacked the first full-fledged Railway budget of the BJP-led NDA government saying it lacked vision and road map to execute the "nice ideas it is full of".

Rail Budget 2015-16: Railways to mobilise Rs 17,655 cr from borrowing in 2015-16

Last Updated: Thursday, February 26, 2015, 14:45

Indian Railways will borrow Rs 17,655 crore from markets through its two companies IRFC and Rail Vikas Nigam Ltd for capital expenditure during 2015-16, a nearly 47 percent increase over the current fiscal year's revised estimate.

Rail Budget 2015-16: No new trains introduced

Last Updated: Thursday, February 26, 2015, 14:42

No new trains were announced in the Railway Budget today by Railway Minister Suresh Prabhu who assured Parliament that these would be announced in the ongoing session itself, pending completion of track renewal work and review of line capacity.

Railway Budget 2015-16: Foreign Rail Technology Cooperation Scheme 'Kayakalp' to be launched

Last Updated: Thursday, February 26, 2015, 14:36

Railways Minister Suresh Prabhu on Thursday said that Foreign Rail Technology Cooperation Scheme would be launched to help in technology upgradation.

India aims to invest $137 billion in railways in next five years

Last Updated: Thursday, February 26, 2015, 14:32

India will increase investment in its overloaded railway network to 8.5 trillion rupees (USD 137 billion) over the next five years, the government said on Thursday, promising to modernise existing tracks but shying away from raising fares to fund the expansion.

Railways to hike train speed to reduce travel time between metros

Last Updated: Thursday, February 26, 2015, 14:19

The speed of trains connecting major metro cities would be increased up to 200 kilometres per hour (kmph) on nine select railway corridors in a bid to reduce travel time, Railway Minister Suresh Prabhu announced on Thursday.

Rail Budget 2015 a 'watershed moment' for Railways: Modi

Last Updated: Thursday, February 26, 2015, 13:59

“Railway Budget 2015 is a watershed moment for Railways, marking a paradigm shift from discussing coaches and trains to comprehensive railway reform.”

No hike in train passenger fares

Last Updated: Thursday, February 26, 2015, 13:46

Railway Minister Suresh Prabhu today spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.

Prabhu proposes lowest operating ratio for railways in 9 years

Last Updated: Thursday, February 26, 2015, 13:32

Addressing the pressing issue of finances for the Indian Railways, Minister Suresh Prabhu Thursday proposed an operating ratio below 90 percent to increase revenues for the system.

Rail Budget 2015: Overview and Highlights

Last Updated: Thursday, February 26, 2015, 05:45

Presenting his maiden Rail Budget, Railway Minister Suresh Prabhu on Thursday announced that there will be no increase in passenger fares for the fiscal 2015-16. He also said that the government will improve capacity on high density network in the next five years.

Freight rate hike to cost SAIL Rs 300-cr annually

Last Updated: Tuesday, February 26, 2013, 21:43

State-run Steel Authority of India (SAIL) Tuesday said it will have to annually bear an additional cost of Rs 300 crore due to the hike in railway freight rates.

Railway Budget disappointing for Karnataka: CM

Last Updated: Tuesday, February 26, 2013, 19:45

Karnataka Chief Minister Jagadish Shettar on Tuesday termed the Railway Budget as `disappointing` as it did not include most of the projects proposed by the state government and flayed the hike in freight rates.