IRFC to issue Rs 6000 cr tax-free bonds
Indian Railway Finance Corporation (IRFC) would raise Rs 6,000 crore through tax-free bonds in the current fiscal, Lok Sabha was told Monday.
Aug 10, 2015, 19:03 PM IST
Railways to declare quarterly numbers; Q1 CAPEX soars 134%: Prabhu
In a first, the Railways has decided to declare its quarterly financial numbers for three months till June, which shows that the national transporter's capital expenditure soared a whopping 134 percent to Rs 17,734 crore from the projected Rs 13,231 crore.
Aug 10, 2015, 17:47 PM IST
Suresh Prabhu rolls out red carpet eyeing Rs 1 trillion investment annually in railways
Railway minister Suresh Prabhu Friday asked foreign funds and domestic investors to replicate with the railways their success in the telecom, power and road sectors as the national transporter needs a whopping Rs 1 trillion in funds this year and Rs 8.5 trillion over the next five years.
Aug 07, 2015, 23:16 PM IST
ID proof not required to book Tatkal ticket from September 1
Passengers booking tatkal train tickets would not be required to produce identity proof anymore as Railways have decided to discontinue with this provision.
Jul 17, 2015, 20:38 PM IST
SMS-based alert service on cancellation of trains
Railaways has introduced a pilot project to help passengers from any inconvenience, however, the service in beginning is only available to passengers boarding trains at originating stations.
Jun 25, 2015, 22:50 PM IST
States to be involved in execution of rail projects: Prabhu
With an aim of making railways an engine of growth, Railway Minister Suresh Prabhu Tuesday vowed d to involve states in execution of projects as he pitched for big investments for the turnaround of the "bleeding" and "sinking" largest transporter of the country.
Apr 21, 2015, 23:02 PM IST
CBI suspects scam of over Rs 4,000 crore in railways
Sniffing a major scam of at least Rs 4,000 crore in the railways, CBI is likely to file a case soon into alleged under-reporting of the actual weight of loaded goods wagons through the manipulation of software by officials.
Apr 20, 2015, 23:18 PM IST
Railway platform ticket to cost Rs 10 from April 1
The railway platform ticket is going to be costlier--Rs 10--from April 1.
Mar 17, 2015, 23:12 PM IST
Rs 8.5 lakh cr to be pumped into Railways over 5 years: Suresh Prabhu
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.
Mar 17, 2015, 19:14 PM IST
Suresh Prabhu advocates for strong Indo-US strategic economic ties
Railway Minister Suresh Prabhu Tuesday pitched for a strong Indo-US strategic economic ties saying it will be beneficial for both the countries and also help in promoting regional and global peace.
Mar 17, 2015, 18:46 PM IST
Advance reservation period for railway tickets extended to 4 months
Now travellers can book train tickets four months in advance as the Railways has decided to extend the advance reservation period from 60 days to 120 days, with effect from April 1.
Mar 17, 2015, 18:13 PM IST
PPP policy must change to attract investment in railways: Minister
Acknowledging that Railways is in "trouble", Union Minister Suresh Prabhu today said public-private-partnership policy must change to attract investment for capacity building.
Feb 26, 2015, 23:14 PM IST
Railway finances will be hard-pressed in near future: White Paper
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.
Feb 26, 2015, 22:34 PM IST
Railway to launch SMS alert service for arrival, departure timings
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.
Feb 26, 2015, 21:27 PM IST
North West Railway gets more funds for 2015-16 in Budget: GM
The Railway Budget Thursday allocated more funds to the North West Railway (NWR) for the next fiscal year (2015-16) as compared to the last year's allowance given to the section, officials said here.
Feb 26, 2015, 21:23 PM IST
Rail stocks derail; falls up to 7% as Budget disappoints markets
Share prices of companies that cater to the railway sector plunged by up to 7 percent Thursday after the Rail Budget 2015-16 failed to boost investors' sentiment.
Feb 26, 2015, 17:27 PM IST
Rail Budget 2015: The financial implications
Railway Minister Suresh Prabhu on Thursday presented his maiden Rail Budget for the fiscal year 2015-16 ruling out privatisation of the nation's economic lifeline and any hike in passengers' fare.
Feb 26, 2015, 16:30 PM IST
Rail Budget 2015: Foreign rail technology co-operation scheme proposed to be launched
Indian Railways have signed in the past MOUs for technical cooperation with number of foreign railways or their entities.
Feb 26, 2015, 13:45 PM IST
Rail Budget 2015: Best efforts made to fulfil people's aspirations, says Prabhu
Railway Minister Suresh Prabhu Wednesday said best efforts are being made to fulfil people's aspiration in the NDA government's first full-fledged Rail Budget.
Feb 25, 2015, 19:52 PM IST
Rail stocks fall as much as 6% ahead of budget
Stocks of companies related to the railway sector Wednesday fell up to 6 percent a day ahead of the rail budget.
Feb 25, 2015, 18:33 PM IST
