Finance

New Delhi, Feb 25 (IANS) Leaving fares unchanged while railway finances are under strain, Railway Minister Suresh Prabhu said on Thursday the Indian Railways would increase its revenue through non-fare sources. Railway revenue through non-fare…

New Delhi, Feb 25 (IANS) Railway Minister Suresh Prabhu has introduced a few new trains in his budget, giving a boost to unreserved travel, which is aimed at people with lower income. “We propose to…

New Delhi, Feb 25 (IANS) The Indian Railways would soon develop new frameworks for Public-Private Partnership (PPP) mode to spur rail infrastructure growth, Railway Minister Suresh Prabhu said on Thursday here. “We will be at…

New Delhi, Feb 25 (IANS) The Railway Budget 2016-17 seeks to boost revenues from freight carriage, reduce outgo, make investments that will fetch better returns, and monetise assets. Presenting his proposals to Parliament on Thursday,…

New Delhi, Feb 25 (IANS) The Indian Railways is launching a procedure enabling commuters who had booked tickets from Passenger Reservation counters to get them cancelled through their cell phones. Currently people have to visit…

New Delhi, Feb 25 (IANS) The Indian Railways is fulfilling its social obligations towards Divyang, senior citizens and women travellers, Union Railway Minister Suresh Prabhu said on Thursday while presenting the rail budget in the…

New Delhi, Feb 25 (IANS) Railway Minister Suresh Prabhu on Thursday informed Parliament that India’s first rail-auto transportation and logistics hub will be inaugurated in Chennai soon. “To capture the automobile traffic, we will soon…

New Delhi, Feb 25 (IANS) Railway Minister Suresh Prabhu on Thursday assured the independence of the Rail Development Authority for fixing of realistic fares. The minister’s assurance came while presenting the Railway Budget for 2016-17…

New Delhi, Feb 25 (IANS) After the huge success in the online marketplace, US technology firm Motorola Mobility on Thursday announced to make Moto X Force smartphone available at retail chains in India. Apart from…

New Delhi, Feb 25 (IANS) Railway Minister Suresh Prabhu on Thursday proposed commissioning of Wi-Fi services at 100 rail stations this year and at a total 400 in the next two years. “The process has…

New Delhi, Feb 25 (IANS) E-catering services will be extended to 408 stations from 40 now, Railway Minister Suresh Prabhu said here on Thursday. “IRCTC will manage catering services in a phased manner,” Prabhu said…

New Delhi, Feb 25 (IANS) Focusing on the development of railway freight corridors, union Railway Minister Suresh Prabhu on Thursday announced the development of the Delhi-Chennai, Kharagpur-Mumbai and Kharagpur-Vijayawada freight corridors on a priority basis….

Beijing, Feb 25 (IANS) As China is preparing to host a meeting of G20 central bankers and finance ministers in Shanghai, a proposal to devalue the yuan is only “media hype”, said Finance Minister Lou…

New Delhi, Feb 24 (PTI) The state-owned Housing and Urban Development Corporation (HUDCO) has sanctioned a loan of Rs 90 crore for the Andhra Pradesh Capital Region Development Authority (APCRDA), Lok Sabha was told today….