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TMC offers Mukul Roy, PM may keep portfolio
New Delhi: Railway Minister Dinesh Trivedi was sacked hours after he defied his leader Mamata Banerjee and his party, the Trinamool Congress, by raising passenger fares in the Railway Budget 2012-13.Banerjee asked the Prime Minister's Office to replace Trivedi with Mukul Roy, a Rajya Sabha MP. "Yes, I have written to the Prime Minister, seeking his replacement with Mukul Roy, another Union minister,”

Rail budget positive but inadequate: India Inc
Indian businesses and trade bodies on Wednesday largely welcomed the 2012 Railway Budget, the first in eight years to hike passenger fares in an effort towards economic feasibility, but also lamented a lack of decisive clarity over its modernisation drive.IBNS rounds up reactions, across the board, over the budget:

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New train via Bangladesh to cut travel time to NE states

New Delhi: Travel time to North Eastern states is set to reduce considerably with Railway Minister Dinesh Trivedi today proposing to connect Agartala with Akhaura in Bangladesh, opening up a direct

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Trinamool puts Trivedi on notice

New Delhi: Trinamool Congress today put Railway Minister Dinesh Trivedi on notice that it may replace him if he does not not roll back the hike in passenger fares proposed by him in the railway

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PM describes Trivedi's Railway Budget as forward looking
The Prime Minister, Dr. Manmohan Singh, on Wednesday, described Railway Minister Dinesh Trivedi's maiden budget for fiscal 2012-13 as a forward looking one.

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Indian railways plans to borrow $3 bln in 2012/13

India's railway ministry plans to borrow 150 billion rupees from the market through the Indian Railway Finance Corporation (IRFC) in the 2012/13 fiscal year, Railway Minister Dinesh Trivedi said on

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