Rail Budget 2015-16: Railway to use long term debt for development projects: Prabhu
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.
Feb 26, 2015, 15:45 PM IST
Rail Budget 2015-16: Smooth ride for Suresh Prabhu and his maiden Rail Budget
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.
Feb 26, 2015, 15:42 PM IST
Rail Budget 2015-16: Rs 8.5 lakh crores to be invested over 5 years: Railway Minister
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.
Feb 26, 2015, 15:31 PM IST
Rail Budget 2015-16: Full Text
Here is the full text of Railway Budget 2015.
Feb 26, 2015, 15:05 PM IST
Rail Budget 2015-16: Rly budget lacks vision, road map to execute ideas: Oppn
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".
Feb 26, 2015, 14:55 PM IST
Rail Budget 2015-16: Railways to mobilise Rs 17,655 cr from borrowing in 2015-16
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.
Feb 26, 2015, 14:45 PM IST
Rail Budget 2015-16: No new trains introduced
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.
Feb 26, 2015, 14:42 PM IST
Railway Budget 2015-16: Foreign Rail Technology Cooperation Scheme 'Kayakalp' to be launched
Railways Minister Suresh Prabhu on Thursday said that Foreign Rail Technology Cooperation Scheme would be launched to help in technology upgradation.
Feb 26, 2015, 14:36 PM IST
India aims to invest $137 billion in railways in next five years
India will increase investment in its overloaded railway network to 8.5 trillion rupees (USD 137 billion) over the next five years, the government said on Thursday, promising to modernise existing tracks but shying away from raising fares to fund the expansion.
Feb 26, 2015, 14:32 PM IST
Railways to hike train speed to reduce travel time between metros
The speed of trains connecting major metro cities would be increased up to 200 kilometres per hour (kmph) on nine select railway corridors in a bid to reduce travel time, Railway Minister Suresh Prabhu announced on Thursday.
Feb 26, 2015, 14:19 PM IST
Rail Budget 2015 a 'watershed moment' for Railways: Modi
“Railway Budget 2015 is a watershed moment for Railways, marking a paradigm shift from discussing coaches and trains to comprehensive railway reform.”
Feb 26, 2015, 13:59 PM IST
No hike in train passenger fares
Railway Minister Suresh Prabhu today spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.
Feb 26, 2015, 13:46 PM IST
Prabhu proposes lowest operating ratio for railways in 9 years
Addressing the pressing issue of finances for the Indian Railways, Minister Suresh Prabhu Thursday proposed an operating ratio below 90 percent to increase revenues for the system.
Feb 26, 2015, 13:32 PM IST
Rail Budget 2015: Overview and Highlights
Presenting his maiden Rail Budget, Railway Minister Suresh Prabhu on Thursday announced that there will be no increase in passenger fares for the fiscal 2015-16. He also said that the government will improve capacity on high density network in the next five years.
Feb 26, 2015, 05:45 AM IST
Rail stocks rally on hike in passenger fare, freight rates
Shares of companies engaged in railways-related businesses Monday rallied on the back of a hike in passenger fares and freight rates to improve finances of Indian Railways.
Jun 23, 2014, 12:49 PM IST
