Freight

  • Freight traffic up by over four per cent 11-07-2014 05:32 PM

    New Delhi: Railways has carried 267.68 million tonnes (MT) of freight traffic during April-June 2014 period as against 256.79 MT carried in the corresponding period last year, registering an increase of 4.24 per cent, accoding to Railway ministry data. Railways transported 87.14 MT freight in June this year as against...
  • Indian Railways freight revenues increases by 7.05 per cent 18-06-2014 07:58 PM

    New Delhi: The Indian Railways on Wednesday reported an increase of 7.05 percent in revenues at Rs 16,405.26 crore from ferrying 180.63 million tonnes of different commodities during April-May 2014. The railways had carried 171.84 million tonnes freight generating revenues of Rs 15,324.25 crore during the corresponding period last year....
  • Train fares to go up by over 14 per cent from May 20 16-05-2014 07:10 PM

    With the elections coming to an end, railways on Friday hiked both passenger fares and freight rates by 14.2 per cent and 6.5 per cent respectively, effective from May 20. The move would put an additional burden on train passengers for all classes, said a senior Railway Ministry official. While...
  • World Bank to prepare blueprint for three UP growth clusters 21-09-2013 02:49 PM

    The World Bank has agreed to prepare a blueprint for the three regional growth clusters proposed in Uttar Pradesh on the Eastern Dedicated Freight Corridor (EDFC), Principal Secretary (Industrial and Infrastructure Development) Surya Pratap Singh said on Saturday. The proposed regions are Auraiya-Kannauj-Kanpur, including Kanpur Dehat; Allahabad-Varanasi, including Kaushambi and...
  • Markets tank, rupee plunges to 66.24 vs $; brace for fuel price hike 27-08-2013 03:24 PM

    New Delhi: The economic scenario turned more gloomy on Tuesday with the rupee tumbling to a fresh low and breaching 66 vs the US dollar. The markets crashed too with the Sensex falling over 600 points during the intraday trade and finally closed 590.05 points down. Crude oil prices also...
  • Hike in freight tariff from October, says MoS Railways 27-08-2013 02:39 PM

    Railways is likely to take a decision on further hike in freight tariff in October when it will review the fuel adjustment component (FAC) in the wake of rising energy cost but passenger fares will not be touched. "Tariff has already been increased. As per the proposal of the budget,...
  • Tamil Nadu CM Jayalalithaa condemns diesel price hike 11-05-2013 01:48 AM

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Friday described as unjust the latest hike in diesel prices as she slammed the Centre with having failed to take steps to control skyrocketing prices and "scams in all departments." This was the fourth time oil companies have effected hike since January...
  • AC train fares to cost more from today 01-10-2012 04:26 AM

    New Delhi: Train fares of all AC classes will become costlier by more than 3 per cent from Monday. The new service tax of 3.708 per cent, as per the government notification, will be levied on AC First Class, Executive Class, AC-2 tier, AC-3 tier, AC Chair Car and freight....
  • AC train fares, freight rate to go up from Oct 1 27-09-2012 04:49 PM

    New Delhi: All AC train fares, freight tariff and cost of food at railway stations will go up from October 1 with the coming into force of service tax on them. This follows a decision taken at a meeting between Railway Minister CP Joshi and Finance Minister P Chidambaram. Fares...
  • Railways yet to decide on freight hike 14-09-2012 03:49 PM

    New Delhi: Railways have no plans as yet to increase freight charges despite the steep hike in diesel prices which have put an additional burden of over Rs 1200 crores on it. "There is no move as yet to increase freight charges even if it (diesel price hike) hits us...
  • Diesel price hike, LPG limit: India erupts in protest 14-09-2012 01:30 PM

    New Delhi: The politically tough decision of hiking diesel price and limiting the usage of LPG to just six cylinders in a year on subsidised rate has led to nation-wide protests with the UPA constituents as well as the Opposition parties taking to the streets, demanding an immediate rollback. Massive...
  • New service tax makes travel, holidays costlier 01-07-2012 08:52 AM

    New Delhi: Get ready to pay even more. The new 12 per cent additional Service Tax comes into effect from Sunday. The new tax covers all services except 38 activities that are put on the negative list. The switch-over to a negative list is aimed at unifying the tax and...
  • Service tax on railway freight from July 1 08-06-2012 04:22 AM

    New Delhi: Close on the heels of railways increasing parcel rates by 25 per cent, the freight charges will go up by about 3.6 per cent from July 1 with imposition of service tax. "The government had given service tax exemption on goods carried by railways till June 30, 2012....
  • 'Contract for dedicated freight corridor in 2012-13' 15-03-2012 04:54 AM

    New Delhi: Indian Railways will award contract for construction of about 1,000 route km on eastern and western dedicated freight corridors (DFCs) in the next fiscal, Railway Minister Dinesh Trivedi said on Wednesday. "It is expected that the contract for civil and track works for about 1,000 route kilometres on...
  • Why the Railways are in a mess 14-03-2012 11:51 AM

    New Delhi: It has been almost a decade since Railway passenger fares were increased and its finances are in the red. The Indian Railways is the country's 24*7 lifeline, registering 23 million passengers and up to 2.65 million tonnes of freight traffic per day. With the Railway finances going from...
  • Modi writes to PM, protests railway freight hike 07-03-2012 08:11 PM

    Ahmedabad: Gujarat Chief Minister Narendra Modi on Wednesday wrote another letter to Prime Minister Manmohan Singh, protesting 20 per cent hike in rail freight rates. In the last two weeks, Modi has written four letters to the PM, opposing various central policies/decisions. In today's letter, Modi said that the decision...
  • Railway freight rates up ahead of budget 07-03-2012 07:09 AM

    New Delhi: Railways on Tuesday withdrew four per cent exemption on fertiliser and foodgrain loading rates besides making a 10-15 per cent upward revision of other commodities ahead of Rail Budget. In 2010, Railways has increased freight rate by four per cent on some key commodities such as sugar and...
  • Budget: Miners want change in export levy, rail freight 05-03-2012 02:31 PM

    The harried iron ore industry, which has been hit by Supreme Court clampdown following rampant illegal mining, hopes to get some respite in the form of duty rationalisation in exports along with freight charges in the upcoming Budget, industry players have said. "We hope the government will reduce export levy...
  • Railway Budget: PM is all praise for Mamata 25-02-2011 02:58 PM

    New Delhi: Prime Minister Manmohan Singh on Friday said no increase in freight rates and passenger fares in the Railway Budget would reduce inflation. "It is a common man's budget without increase in freight and passenger fares, thereby it will help to weaken cost push element of inflation," Singh told...
  • Rail Budget: passengers expect better hygiene 25-02-2011 09:45 AM

    Mamata Banerjee is also expected to not increase passenger fare ahead of assembly elections in West Benagal. ...
  • Railway project falls victim to corruption 31-07-2010 08:21 AM

    New Delhi: The Managing Director of the Freight Corridor Corporation of India Ltd is under the scanner for major corruption charges. The dedicated freight corridors are and ambitious project dedicated to increase the revenues of the Indian Railways by fulfilling the ever-growing transport needs of the country. But VK Kaul,...
  • With eye on polls Lalu cuts fares, freight rates 26-02-2008 04:14 PM

    Chester-le-Street: It was a case of so near and yet so far for India here on Saturday as rain prevented them from registering their first win on the England tour after the visitors worked themselves into a good position in the first ODI. Praveen Kumar struck for India early in...