Under the scheme launched last year, senior citizens had the option to either avail the full concession provided to them on rail tickets or...

The Railways bears 43 per cent of the cost of train fare even as the state-run transporter incurs a loss of about Rs 30,000 crore a year in...

The railways plans to launch the scheme next month. To begin with, railways will offer two "slabs" of subsidy surrender — 50% and 100% of t...

The move has been suggested by Niti Aayog, the government’s think tank, as part of strategy to reduce the rail network’s huge subsidy burde...

"What's more important is that Prabhu has also walked the talk, in the sense that he has set himself timelines to achieve those objectives."

Rail stocks were southbound for the second day in a row on Wednesday, pushed by heavy profit booking ahead of the Railway Budget.

Suresh Prabhu had recently said that reduction in passenger fares is unlikely to happen although diesel prices have come down.

Linking of periodic revision of passenger fare and freight rates fixes the fundamental problem at the heart of wrecked finances.

Under the leadership of Arvinder Singh, the demonstrators will assemble at Jantar Mantar before marching toward the Parliament House.

Instead of routinely courting populism and keeping the tariffs unrevised for years, we need a far more gradual increase in fares.

The move by the Narendra Modi-led government last week to raise passenger fares was met by sharp protests, especially from Mumbai commuters.

She said if the political parties had plans to take such harsh decisions, they should tell the masses that they would take such decisions.

"With this latest hike of rail freight, the fertiliser subsidy bill is estimated to increase by about Rs 200 crore," FAI Director General S...

Railways may soon announce a hike in passenger fares. However, the timing of announcing the revision in fares is still not decided.

Railway Minister Pawan Kumar Bansal today made it clear that there will be no further hike in the near future in reservation or cancellatio...

Roy said he was confident the Prime Minister would realise the situation and not introduce service tax on passenger fare and frieght traffi...

The fare hike looks imminent as Railways could ill-afford to absorb the additional burden of Rs 5,500 to Rs 6,000 crore given its financial...