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.

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.

'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.

Rail stocks pick up steam after budget

Last Updated: Friday, February 27, 2015, 21:01

In step with overall buoyant trend, share prices of companies that cater to the railway sector Friday saw huge buying, surging in range of 2-11 percent after a poor show on Rail Budget day.

PPP policy must change to attract investment in railways: Minister

Last Updated: Thursday, February 26, 2015, 23:14

Acknowledging that Railways is in "trouble", Union Minister Suresh Prabhu today said public-private-partnership policy must change to attract investment for capacity building.

ICC welcomes proposals for Northeast in Rail Budget

Last Updated: Thursday, February 26, 2015, 22:47

The Indian Chamber of Commerce (ICC) welcomed Railway Minister Suresh Prabhu's announcement that the ongoing projects in the Northeastern states would receive a major thrust.

Railway finances will be hard-pressed in near future: White Paper

Last Updated: Thursday, February 26, 2015, 22:34

Indian Railways' finances will be hard-pressed in the near future with the anticipated increase in committed expenditures, according to a White Paper on the national transporter tabled by Railway Minister Suresh Prabhu in Parliament Thursday.

Lower diesel prices among reasons behind no hike in rail fares

Last Updated: Thursday, February 26, 2015, 21:48

Railway Minister Suresh Prabhu Thursday said decline in prices of diesel, a major source of fuel for railways, is one of the reasons behind the government's decision not to hike passenger fares.

Now, book your rail ticket 4 months in advance

Last Updated: Thursday, February 26, 2015, 21:46

Now you will be able to book your rail ticket four months in advance instead of two months at present.

Freight hike won't affect prices of essential items: Prabhu

Last Updated: Thursday, February 26, 2015, 21:31

Defending the hike in freight rates that would rake in Rs 4,000 crore more, Railway Minister Suresh Prabhu Thursday said it would have minimal impact on the transportation of commodities and would not affect the prices of essential items like foodgrains, fertilisers and urea.

More berths for aged, pregnant, differently-abled in trains

Last Updated: Thursday, February 26, 2015, 21:29

Railways Thursday proposed an increase in the quota of berths for senior citizens, pregnant and differently-abled persons in trains.

Railway to launch SMS alert service for arrival, departure timings

Last Updated: Thursday, February 26, 2015, 21:27

For the convenience of passengers, Railway Minister Suresh Prabhu Thursday announced introduction of SMS alert service informing travellers in advance about arrival and departure timings of the trains.