This would be the first time, that the Indian Railways will go to the international markets to fund its investment plans
Prabhu said the railway would need to cut costs, grow its freight business which provides two-thirds of its revenue and target new sources of non-tariff revenue through measures such as redeveloping t
5 reasons why Prabhu has attempted to please all- industry, passengers and experts
Prabhu said the India Railways have a saving of Rs. 8,720 crores from the previous budget estimates and for 2016-17, capital plan of Rs. 1.21 lakh crore is estimated
He announced three new dedicated freight corridors across the country
From introduction of new trains to increased WiFi connectivity and in-house entertainment, a look at what stood out in the Rail Budget so far
Rail Minister Suresh Prabhu says ministry will look at exploiting new sources of revenue than just rely on tariff hikes
Prabhu said the budget has been inspired by PM Modi, who said his vision is to make the railways the backbone of India's progress and economic development
Prabhu said the Rail Budget 2016 reflects the aspirations of each and every member of the Railway's family
Market analysts attributed rise on short-covering triggered by hopes of an increase in capital expenditure by Indian Railways
Fares may remain untouched, some tweaks in freight rates likely
Railways Minister Suresh Prabhu is set to announce the annual Railway budget today
Commuters in Mumbai want improvement in safety measures on the suburban network, where passenger deaths are a major concern
The outlay is way more than what the department had sought in the previous Budget
However, investors should put in money only if they are willing to stay for the entire tenure of the instrument
Nervousness around budget announcements, global weakness weigh on investor sentiment
Interview with Head, Corporate & Investment Banking, Citi India
Three sets of policies that should find place in the Budget in order to revive growth