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Train fares moved twice in 2025—how repeated hikes burden passengers
While the hikes appear modest when measured per kilometre, their impact is concentrated on sleeper and second-class passengers, who account for over 70% of railway travel in India and are typically from lower-income groups.Under the latest fare structure, fares on mail and express trains have risen by 2 paise per kilometre for both AC and non-AC classes. Second-class passengers on ordinary trains travelling more than 215 kilometre (km) will now pay an additional 1 paisa per km.The latest fare rationalisation is expected to generate additional revenue of around ₹600 crore for the Indian Railways in this fiscal year.The July revision had also raised mail/express fares by 2 paise per km for AC classes and 1 paisa per km for non-AC classes, while second-class ordinary passengers were charged 0.5 paise per km after the first 500 km.The cumulative impact of both revisions becomes more pronounced on longer routes.
On the Dibrugarh-Kanniyakumari route (4,154 km), one of Indian Railways' longest, AC class passengers now pay ₹166.2 more per trip ( ₹83.1 from the July hike and another ₹83.1 from December), while non-AC mail/express fares have increased by ₹83.1 in total.Even second-class (ordinary train) passengers on this route, who paid ₹18.3 more after the July revision (which exempted the first 500 km), now pay a total of ₹57.7 more following the December revision, which applied after the first 215 km.On the popular Delhi-Mumbai route (1,400 km), the cumulative increase for AC class passengers totals ₹56 ( ₹28 from each revision), while non-AC mail/express fares have risen by ₹42 overall. Second-class (ordinary train) passengers on this route now pay about ₹16 more.The timing of these revisions is notable.
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21.05 / 10:17
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Booking
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How chronic illness became a starting point for artistic alchemy for Koshy Brahmatmaj
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21.05 / 10:17
markets
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SpaceX
Even at $5 trillion, Nvidia is underappreciated
Subscribe to enjoy similar stories.Nvidia is no longer the only AI chip game in town. But it is the largest by far, and the likelihood that it will be that way for the foreseeable future should count for something.It hasn’t counted for much lately.
21.05 / 10:17
markets
Digital
CEO
War
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RK Swamy bets on integrated advertising model as global agency giants split media and creative
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markets
IPO
Racing
NVIDIA
SpaceX
SpaceX, Anthropic and OpenAI’s sprint to go public defines the AI boom’s big day
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21.05 / 09:47
markets
Analysis
Sustainability
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FPIs exit Korea & Taiwan: Is India ready for the flow rotation?
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markets
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PI Industries’ weak core business keeps investors on edge
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markets
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‘Should I Marry a Murderer?’ has left audiences stunned but what they saw wasn’t all that bizarre
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Secured credit cards: Unlocking credit and building a credit score for millions
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Provident
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reports
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Forensic audits support corporate-fraud probes and IBC cases but still lack enforceable standards
Subscribe to enjoy similar stories.Forensic audits have gained significance in today’s world of business as they serve as a useful tool for commercial lenders to investigate fraud by borrowers and/or identify other deep-seated financial irregularities. Forensic auditors are also employed by resolution professionals to report on preferential, undervalued, fraudulent and extortionate (‘PUFE’) transactions for adjudication under India’s Insolvency and Bankruptcy Code (IBC). While there is no single universal definition, several globally recognized organizations have provided widely accepted definitions (and norms) of forensic auditing.
21.05 / 08:45
UPS
Manufacturing
Mobile
Healthcare
electronic
Why Dixon, Syrma and Kaynes are moving beyond smartphones: margin pressure
Subscribe to enjoy similar stories.MUMBAI: India’s listed electronics manufacturers are under pressure to defend profitability as the mobile-phone assembly boom slows, prompting a shift towards higher-value industrial electronics.Investors remained jittery through the last fiscal, driven by concerns that slowing consumer sentiment could weigh on the rapid growth that electronics manufacturing services (EMS) firms have delivered so far.In an interview with Mint, Jasbir Singh Gujral, managing director of Syrma SGS Technology Ltd, India’s second-largest listed EMS firm, said, “We’re increasingly looking to capture a larger chunk of contracts from defence, aerospace and med-tech verticals, all of which represent opportunities for original design manufacturing, and also bring significantly higher margins. We’ve already started this transition, and we plan to do more of it this fiscal.”Beyond mobile phones and laptops, EMS firms are expanding into smart metres for electricity boards, aerospace and defence subsystems, railway safety instrumentation, printed circuit boards and display assemblies, and medical devices deployed in hospitals.India’s annual mobile phone shipments have remained subdued since the covid-19 pandemic, with industry estimates pointing to a single-digit decline this calendar year from 152 million smartphones shipped last year.The margin pressure driving this shift is increasingly visible.In FY26, Syrma SGS reported an operating margin of 7.1%, up 2.3 percentage points.
