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Five things you need to know about RuPay pre-paid debit card

Last Updated: Wednesday, March 25, 2015, 10:03

RuPay is India's own card payment gateway network like Visa and Master Card, and provides an alternative system for banks to provide a debit card service.

Restrictions on online train ticket booking

Last Updated: Tuesday, March 24, 2015, 09:19

Now only one train ticket can be booked online with one log-in after which the booking session will expire during the peak hours.

Railway platform ticket to cost Rs 10 from Apr 1

Last Updated: Monday, March 23, 2015, 16:14

Railways have hiked the cost of platform tickets to Rs 10 and the new rate will come into effect from next month.

Rs 8.5 lakh cr to be pumped into Railways over 5 years: Suresh Prabhu

Last Updated: Tuesday, March 17, 2015, 19:14

Laying emphasis on capacity expansion, decongestion of network and passenger safety, Railway Minister Suresh Prabhu Tuesday said a massive Rs 8.5 lakh crore would be pumped in over the next five years to make it a viable organisation and bring back the road traffic.

Advance reservation period for railway tickets extended to 4 months

Last Updated: Tuesday, March 17, 2015, 18:13

Now travellers can book train tickets four months in advance as the Railways has decided to extend the advance reservation period from 60 days to 120 days, with effect from April 1.

L&T Infotech bags $10-mn contract from RVNL

Last Updated: Monday, March 16, 2015, 15:26

IT solutions service provider L&T Infotech has received a USD 10 million contract from state-run Rail Vikas Nigam (RVNL) to integrate its business functions.

'Neither private nor govt control can solve problems of Railways'

Last Updated: Friday, March 13, 2015, 14:16

Privatisation can not solve the problems of Indian Railways, and even total government control is not a remedy, Railway Minister Suresh Prabhu said today, while advocating changes in the legislative framework for the sector.

LS passes Rail Budget; Govt wants a massive hike in investment

Last Updated: Thursday, March 12, 2015, 22:03

The Rail Budget for 2015-16 was passed by the Lok Sabha Thursday with Railway Minister Suresh Prabhu making a strong pitch for a massive hike in investment for the Railways.

Rail bonds: LIC's hard bargain ensures good pricing

Last Updated: Wednesday, March 11, 2015, 20:46

Financial powerhouse LIC has made a hard bargaining for its Rs 1.5 trillion investments in Railway bonds by ensuring a coupon rate above 10 basis points higher than 10-year benchmark government paper.

Railways to set up body to enhance ties with private investors

Last Updated: Wednesday, March 11, 2015, 17:57

Seeking technical cooperation for upgradation of rail infrastructure with foreign countries, Railways Minister Suresh Prabhu on Wednesday said the national transporter can grow faster based on the partnership model.

Railways' earnings up by over 12%; passenger count drops

Last Updated: Monday, March 9, 2015, 21:49

The total earnings of Railways during the April 2014-February 2015 period were Rs 1,42,358.27 crore compared to Rs 1,26,064.06 crore during the same period last year, an increase of 12.93 percent.

'Dispute settlement system must for pvt participation in rail'

Last Updated: Sunday, March 1, 2015, 17:29

Railway Minister Suresh Prabhu today said that he is open to the idea of setting up a dispute redressal mechanism to facilitate the entry of private industry into the sector.