Faced with mounting deficit of over Rs 20,000 crore in the passenger segment, Railways is keen on raising passenger fares between 5-10 paise per km in the coming months to generate the revenue of about Rs 4,000 crore. The hike could come close on the heels of Railways finalising the broader contours of the proposed Rail Tariff Authority (RTA), which would be placed before Cabinet in January. ...
12:45 PM, Dec 23, 2012
The Minister of State for Railways Surya Prakash Reddy has indicated that the train fares may be hiked soon as the "financial condition of the Railways is not sound". Speaking to reporters, Reddy said that hiking the fares had become necessary. ...
10:14 AM, Dec 16, 2012
Hyderabad: The biggest representation statewise in the Cabinet reshuffle on Sunday was perhaps from Andhra Pradesh. Five new faces have been inducted into the Cabinet including two from the Telangana region. Meanwhile, Pallam Raju, who has been the minister of state for defence since 2006, has been elevated to the cabinet rank. The question is whether this move was to placate the demands of a separate statehood. For the state...
09:38 AM, Oct 29, 2012
New Delhi: A seasoned politician, Kotla Jaya Suryaprakash Reddy has come a long way in the Congress in Andhra Pradesh after being elected to Lok Sabha for the first time in 1994. Son of Rayalaseema strongman late Kotla Vijayabaskara Reddy, Suryaprakash's family has always been loyal to the Gandhi-Nehru family. Vijayabaskara Reddy was a towering figure in Andhra Pradesh and had served as chief minister twice - 1982 to 1983...
08:03 PM, Oct 28, 2012
