Rail Fare Hike

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  Rail Fares To Increase From July 1, Officials Say Lowest Hike In 12 Years

  Rail fares are set to increase marginally next month, officials in the Railways Ministry have said. While the fare in non-AC class in Mail and Express trains will be hiked by 1 paise/km, tickets for travel in AC classes will be dearer by 2 paise/km

• India Inc Expects Better Services Post-Rail Fare Hike

  India Inc on Friday said the hike in railway passenger and freight fares will help in resource mobilisation, hoping that the higher fares will lead to better quality and safety of services offered by the Indian Railways, while asking the government to allow FDI in Railways.

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  Rail Fare Hike 'Inevitable', to Have Some Impact on Inflation: Experts

  Terming the rail passenger fare and freight hike "inevitable", experts on Friday said it will have some impact on price rise as it will increase transportation cost.

• Fare Hike Inclusive of Fuel Adjustment Component: Railways

  Faced with criticism of effecting a steep hike, the Railways clarified late in the evening on Friday that the increase was only 10 per cent in passenger fare and 5 per cent in freight charges.

• Rail Fare Hike: Mumbai to Shell Out Over Two-Times More

  Already hit hard by poor and inefficient services, the woes of the suburban rail commuters in the metropolis are going to be compounded further with the season ticket rates going up by more than double across classes.

• Rail Freight Hike to Push Fertiliser Subsidy by Rs 200 Crore: Industry Body

  Fertiliser subsidy bill will rise by about Rs 200 crore annually but will not have an impact on retail prices following the government's decision to hike rail freight by 6.5 per cent, industry body FAI said on Friday.

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  Rail Fare Hike Difficult but Correct Decision, Says Arun Jaitley

  Defending the steep hike in rail fare and freight rates as a 'difficult but correct decision', Finance Minister Arun Jaitley today said the railways can survive only if users pay for availing of facilities.

• Urban Development Minister Terms Rail Fare Hike as 'Bitter Medicine'

  Attacking the previous government, Union Minister M Venkaiah Naidu on Sunday said the hike in rail fares was "thrusted upon" by the UPA, but it was a "bitter medicine" that had to be swallowed in the interest of sound health of the economy.

• Jaitley Says Rail Fare Hikes Correct, Markets Give Thumbs-Up

  India's railway network is one of the world's largest, but years of low investment and subsidised fares have crippled growth forcing the Modi government to announce a passenger fare hike of 14.2 per cent and freight rate hike of 6.5 per cent on Friday. The passenger fare hike could bring nearly Rs 6,000 crore to the railways.

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  Sensex, Nifty Inch Higher; Rail Infra Stocks Rise

  BSE Sensex and Nifty edged higher today but gains capped by concerns over Iraq crisis that has taken oil prices to near 9-month highs. Markets took support from higher Asian markets and a rise in the rupee.

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  Sensex Falls Below 25,000, Nifty Breaches 7,500; ITC Slumps

  BSE Sensex and Nifty gave up early gains today amid continued concern over the impact of rising oil prices on Indian economy. Rupee too gave up early gains as Brent crude oil prices inched near 9-month highs.

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  Budget 2014: Rail Fare Hike Raises Reform Expectations

  The government on Friday pushed through a steep hike in rail passenger and freight fares, the first dose of the "bitter medicine" Prime Minister Narendra Modi has warned is needed to revive the economy.

• Train Travel to be Costlier From June 25

  Travel by train will be costlier from Wednesday as the recently announced hike of 14.2 per cent in passenger fares will come into effect.

• No further hike in train reservation, cancellation charges: Pawan Bansal

  Railway Minister Pawan Kumar Bansal made it clear on Friday that there will be no further hike in the near future in reservation or cancellation charges, though cross subsidy from freight to passenger segment has touched Rs 25,000 crore.

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  Minimum Train Fare Increased From Rs 5 To Rs 10

  The minimum train passenger fare will go up from Rs 5 to Rs 10 as railways has decided to increase the minimum chargeable fare in non-suburban services at par with the platform ticket from November 20.