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No hike in fares, freight charges in Rail Budget

Posted on: February 24th 2010 in Press Releases.

The Railway Budget for 2010-11 today proposed no increase in passenger fares and freight rates while reducing the tariff by Rs 100 per wagon in transportation of foodgrains, kerosene and fertilisers to tackle the price rise. The budget, presented by Railway Minister Mamata Banerjee in th…

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Main sectoral expectations from Budget 2010

Posted on: February 22nd 2010 in Market News.

Auto * Increase in excise duty by 2%-4%. * Increased allocation under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) for buses * No change in excise duties for large cars Banking and financial services * Interest subventions for pre-shipment credit and short-term crop loan…

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