Sensex drops over 261 points after Rail Budget disappoints markets

Last Updated: Thursday, February 26, 2015, 16:10

The benchmark Sensex Thursday plunged by over 261 points, logging its worst fall in two weeks, to close below the key 29,000-level after the Rail budget disappointed market participants.

Rail Budget 2015 : Prabhu proposes more environment-friendly rail system

Last Updated: Thursday, February 26, 2015, 16:01

Railway Minister Suresh Prabhu Thursday proposed a slew of measures to make the country`s largest public transporter more environment-friendly.

Rail Budget 2015-16: Freight rate hike may push up commodity prices

Last Updated: Thursday, February 26, 2015, 15:59

Cement, coal, steel and urea prices are likely to go up with the Railways Minister proposing freight hike up to 10 percent for various commodities.

Working towards integrating best food chains into e-catering: Prabhu

Last Updated: Thursday, February 26, 2015, 15:56

The government is working towards integrating the best food chains in the country into e-catering services, Railway Minister Suresh Prabhu said here Thursday.

Rail Budget 2015-16: Railway to use long term debt for development projects: Prabhu

Last Updated: Thursday, February 26, 2015, 15:45

Ruling out privatisation, Union Minister Suresh Prabhu today said Railways will now depend largely on long-term borrowings rather than changes in passenger fares or using tax payers money for its various development projects.

Rail Budget 2015-16: Smooth ride for Suresh Prabhu and his maiden Rail Budget

Last Updated: Thursday, February 26, 2015, 15:42

Suresh Prabhu's maiden Railway Budget presentation, peppered with personal references and quotes, turned out to be a smooth affair even as possibly for the first time, no new trains were announced today.

Rail Budget 2015-16: Rs 8.5 lakh crores to be invested over 5 years: Railway Minister

Last Updated: Thursday, February 26, 2015, 15:31

Railway Minister Suresh Prabhu pledged to look for options to raise money to improve the country's rail network, stating that approximately 8.5 lakh crore rupees would be invested over five years.

Rail Budget 2015-16: Full Text

Last Updated: Thursday, February 26, 2015, 15:05

Here is the full text of Railway Budget 2015.

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: Want to make Indian Railways self-sustainable, profitable: Suresh Prabhu

Last Updated: Thursday, February 26, 2015, 14:44

Union Railway Minister Suresh Prabhu on Thursday said that he was hopeful Rail Budget 2015, which he presented in the Lok Sabha today, will provide direction to the Indian Railways.

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.