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Rail Budget: Fares hiked after nine years

* Nominal increase in rail fares after 9 years; Fair up by 5 paise per kilo metre in sleeper class.

* For express trains, hike of 3 paise per kilometre.

* 10 to 20 paise hike in tickets fares.

Railway Budget 2012-13: Concerns rise over financial health of railways

With passenger fares unlikely to be hiked, Railway Minister Dinesh Trivedi will present his maiden railway budget for 2012-13 on Wednesday amid concerns over the financial health of the world's second

Railway stocks slump during noon trade

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Stocks of companies associated with railways slumped around noon on Wednesday, soon after the Railway Minister Dinesh Tivedi presented the budget of the network for the next fiscal.

At the Bombay Sto

Narendra Modi asks PM to withdraw freight hike order

Objecting to the hike in freight rates ahead of the railway budget on Wednesday, Gujarat Chief Minister Narendra Modi on last week wrote to Prime Minister Manmohan Singh and asked him to withdraw the

Prominent hightlights of railway budget for 2012-13

Following are the prominent highlights of the railway budget for 2012-13 presented in the Lok Sabha on Wednesday by Railway Minister Dinesh Trivedi:

* No steep increase in passenger fares; 2 paise pe

Future ATMs may play ads before you get your money

It may now take more time for people to get money out of an ATM. Cash machines may now play advertisements before you get your banknotes.

The idea is being trialled in Australia after the US and cust

Michelle Obama to lead US delegation to London Olympics

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First Lady Michelle Obama has announced that she would be leading the US delegation to the London Olympics.

Obama will travel to London for the Games' opening ceremony July 27, and tie the event into

Mallya pumps in 22 million pounds into Force India operation

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Sahara Force India team principal Vijay Mallya has pumped in $22 million into his Formula One team ahead of the season opener in Melbourne on Sunday.

Watson, the personal investment company used by t

Delete NCTC from president's speech, says Trinamool

The Trinamool Congress on Tuesday demanded that the reference to the National Counter Terrorism Centre (NCTC) be deleted from President Pratibha Patil's speech to parliament.

The NCTC was incorporate

Court sacks 18 Saibaba temple trustees

In a jolt to the Maharashtra government, the Bombay High Court on Tuesday sacked the 18 members of the Shirdi-based Shri Saibaba Sansthan Trust, a lawyer said.

The court's Aurangabad bench comprising

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