Rail Budget 2014

Modi Govt's maiden Rail Budget to be discussed in Parliament today

The Narendra Modi government's maiden Rail Budget will be discussed by both Lok Sabha and Rajya Sabha on Monday.

Jul 14, 2014, 11:09 AM IST

Analysts welcome rail budget, but frown at missing details

It is a budget "high on promises but low on design," the agency said.

Jul 09, 2014, 17:03 PM IST

Rail Budget to enhance auto industry usage of railways: SIAM

Several measures announced in the Rail budget such as enhanced port connectivity and setting up of private freight terminals will enhance auto industry's utilisation of railways for vehicle transportation and reduce cost of operations, industry body SIAM Tuesday said.

Jul 09, 2014, 10:36 AM IST

No FDI in train operations: Railway Board Chairman

Scouting for resources to meet its fund crunch, Railways is open to the idea of even 100 percent FDI in its infrastructure development but would keep train operations out of its ambit.

Jul 09, 2014, 10:32 AM IST

Railways launches Go-India smart card

As smart cards are increasingly becoming popular among the people, the Railways has now launched Go-India Smart Card.

Jul 09, 2014, 10:18 AM IST

Govt decides to separate 'overlapping' roles of Railway Board

In a move aimed at improving efficiency of the Railways, the government Tuesday announced the decision to separate the "unwieldy" Railway Board's functions of policy formulation and implementation.

Jul 08, 2014, 19:45 PM IST

Rail stocks derail; see losses of up to 20%

Share prices of companies that cater to the railway sector plunged as much as 20 percent on Tuesday due to profit-booking on a day when the Rail Budget for 2014-15 was presented.

Jul 08, 2014, 18:44 PM IST

Periodic fuel price-linked passenger fare hike to continue

FDI will not be allowed in core operational areas, he said, adding these areas will remain with the Railways.

Jul 08, 2014, 16:58 PM IST

58 new trains proposed in Rail Budget

As many as 58 new trains, including five new 'Jansadharan' trains and an equal number of premium group of trains have been proposed in the Rail Budget presented by Railway Minister Sadananda Gowda Tuesday.

Jul 08, 2014, 16:54 PM IST

Railway Budget 2014: Full Text

Full text of Railways minister Sadananda Gowda presenting the Railway Budget 2014 in the Parliament.

Jul 08, 2014, 16:24 PM IST

Rail Budget 2014 futuristic, growth-oriented: Narendra Modi

In a series of tweets, Modi said, "Rail Budget shows the important role of Railways in India's development journey."

Jul 08, 2014, 16:20 PM IST

Rail Budget well thought out, non-populist, says KPMG

Hailing the Railway Budget as "well thought-out" and non-populist, global consultancy KPMG Tuesday said it provides the much needed strategic financial headroom required for the railways to make critical investments in its modernization and expansion plans.

Jul 08, 2014, 16:16 PM IST

Sensex plunges over 600 points after Rail Budget

The Sensex touched a high of 26,190.44 points and a low of 25,495.04 points in the trade.

Jul 08, 2014, 15:29 PM IST

Railway Min to seek Cabinet nod for FDI policy relaxation

Looking to attract funds for infrastructure development, the Railways Ministry would seek approval of the Union Cabinet to relax foreign direct investment policy to overcome cash crunch.

Jul 08, 2014, 15:05 PM IST

Govt to expedite construction of 3 rail lines to move coal

The government Tuesday said it will expedite the construction of three critical rail lines to facilitate faster transportation of coal to power plants, thereby helping in bringing nearly 100 million tonnes of incremental traffic to Railways.

Jul 08, 2014, 14:55 PM IST

Rail Budget 2014: Tourist trains to connect pilgrim centres

Aiming at boosting domestic tourism, Railways Tuesday announced several tourist trains connecting pilgrim centres across the country

Jul 08, 2014, 14:51 PM IST

Govt proposes 'highest ever' plan outlay for railways

Government today proposed "highest ever" plan outlay of Rs 65,445 crore to the railways for the current fiscal, with a budgetary support of over Rs 30,000 crore.

Jul 08, 2014, 14:46 PM IST

Bullet trains, network of high speed rail on anvil

Introduction of bullet trains starting off with the Mumbai-Ahmedabad sector and an ambitious plan to have a Diamond Quadrilateral network of high speed rail connecting major metros and growth centres are on the anvil.

Jul 08, 2014, 14:42 PM IST

Railway Budget 2014-15: Who said what

Minister for Railways DV Sadananda Gowda presented the rail budget in Lok Sabha, promising to serve the social obligations of the ministry.

Jul 08, 2014, 14:41 PM IST

Ready-to-eat meals of reputed brands in trains

The Railway Budget today proposed to introduce ready-to-eat meals of reputed brands on-board trains to improve food quality and cancel vendors' contract if services were not up to the mark.

Jul 08, 2014, 14:38 PM IST