Railway Minister Pawan Kumar Bansal presented what is the first Railway Budget by a Congress minister in 17 years on Tuesday. Claiming that the losses of the Railways were mounting, Bansal said that the gigantic network must be financially sustainable for the benefit of the passengers. ...
01:12 PM, Feb 26, 2013
Presenting the Railway Budget for the year 2013-14, Railway Minister Pawan Kumar Bansal proposed free WiFi connectivity on several trains. ...
12:34 PM, Feb 26, 2013
Pawan Kumar Bansal diagnosed the problems correctly but failed to come up with solutions and stuck to a script which has been the hallmark of the last several railway budgets. While refusing to increase passenger fares which had been hiked in January 2013 for the first time after 10 years, Bansal announced a marginal increase in freight charges, supplementary charge, superfast charge, reservation charge, cancellation charge and Tatkal charge. ...
12:11 PM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal is set to present the Railway Budget on Tuesday and speculation is rife that while there may no fare hike, train travel is likely to get costlier by way of taxes and cess. ...
11:12 AM, Feb 26, 2013
People of Mumbai are expecting a lot from the Railway Budget. The Mumbai Suburban Railway is a mass transit system serving the city. The suburban railways carry more than 75 lakh passengers across Mumbai on a daily basis. ...
11:00 AM, Feb 26, 2013
The Rail Budget will be presented on Tuesday by Pawan Kumar Bansal, the first Congress Minister to do so in 17 years. ...
10:35 AM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal came under attack from the Opposition in January after he increased rail fares. In the Rail Budget 2013 to be presented on Tuesday, another rail fare hike is expected. ...
10:12 AM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal's wife also said that the Rail Budget was prepared in keeping with the UPA's policies. ...
09:58 AM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal is set to present his maiden Rail Budget on Tuesday. Being the first Congress minister to be presenting the Rail Budget in 17 years, Bansal faces the challenge of reviving the railways. But the repercussions may be an unhappy Opposition and unhappy passengers as a fare hike looks imminent. ...
09:16 AM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal is set to present his maiden Rail Budget on Tuesday. While a hike in rail fare seems to be imminent, the Rail Minister is also likely to announce many new trains and safety and modernisation measures. ...
08:32 AM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal will be the first Congress minister in 17 years to announce the Railway Budget on Tuesday and indications are that rail fares are likely to go up in line with the fuel price hike. ...
08:06 AM, Feb 26, 2013
Railway Minister Pawan Kumar Bansal is set to present what will be the first Railway Budget by a Congress minister in 17 years on Tuesday. Indications are that rail fares are likely to go up in line with the fuel price hike. ...
07:53 AM, Feb 26, 2013
All eyes will be on Railway Minister Pawan Kumar Bansal on Tuesday on whether he yields to pressure of hiking passenger fares yet again or looks at other measures to mobilise resources to offset the burden of the recent diesel price hike. Bansal had on January 22 hiked passenger fares across-the-board after the Railways faced a loss of about Rs 25,000 crore in the passenger segment. ...
05:47 AM, Feb 26, 2013
Ahead of his maiden rail budget on Tuesday, Railway Minister Pawan Kumar Bansal has promised a 24X7 helpline for women that will be tracked real time, with top priority accorded to safety of passengers, especially women. ...
04:41 AM, Feb 26, 2013
The government is badly cash-strapped and the growth is the lowest in the decade and India have a high fiscal deficit. ...
11:57 PM, Feb 25, 2013
Indian Mujahideen outsmarts security agencies, continues to target India. CBI faces tough task ahead in investigations despite filing Preliminary Enquiry. ...
11:41 PM, Feb 25, 2013
Jim Walker of Asianomics warns against holding high hopes from the government this Budget season. In an interview to CNBC-TV18, he says that expecting miracles or a big bang Budget could be a dangerous thing. However, he is hopeful that the government will deliver on its promises of the last four-six months. "We hope that we will actually hear about plans to bring down government expenditure, reducing the subsidy element...
07:04 PM, Feb 25, 2013
Vinayak Chatterjee, chairman, Feedback Infrastructure says the infrastructure sector is expected to be government's priority in this Budget and the key expectation is the removal of the infrastructure sector from the ambit of MAT. "The government must increase the limit on tax-free bonds for retail investors and build infrastructure funds from PSU cash reserves," he told CNBC-TV18. ...
06:08 PM, Feb 25, 2013
Leaders of various political parties in Odisha's Ganjam District have sought more funds in the railway budget for the proposed wagon factory near Berhampur, new rail lines from Gopalpur to Rayagada and Berhampur to Sambalpur via Phulbani and a direct train from Berhampur to New Delhi. Besides a daily train from Berhampur to Puri, another from Berhampur to Surat and according model station status to Berhampur have also been demanded....
05:19 PM, Feb 25, 2013
Microsec has come out with its report on Budget preview. According to the research firm, priorities before the Government in the FY13-14 is even more demanding than what it was last year as almost all the economic indicators have further aggravated and now needs larger attention. ...
04:24 PM, Feb 25, 2013
