Hyderabad Metro Lowers Ticket Prices After Protests, But Passengers Want More
Hyderabad Metro raised ticket prices by 20% recently. Many people were unhappy and protested. Some leaders from the BRS party wrote a letter to the Chief Minister, Revanth Reddy. They said high prices can make city traffic worse.
Because of these complaints, the Metro gave a 10% discount on the new prices. But many passengers are still unhappy. They think the discount may end soon. They want the prices to be lowered for good, not just a short discount.
New Ticket Prices After 10% Discount (Starts May 24)
The lowest price went up from Rs. 10 to Rs. 12, now it is Rs. 11 after discount
The highest price went up from Rs. 60 to Rs. 75, now it is Rs. 69 after discount
This discount works for all types of tickets like paper tickets, QR codes, digital tickets, and smart cards.
Distance Price After Discount (Rs.)
0-2 km 11 (Lowest price)
2-4 km 17
4-6 km 28
6-9 km 37
9-12 km 47
12-15 km 51
15-18 km 56
18-21 km 61
21-24 km 65
24 km and above 69 (Highest price)
For example, a ticket from LB Nagar to Miyapur costs Rs. 69 now.
Even with this discount, many people want the Metro to lower the prices forever. They say public transport should be cheap for everyone.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
17 minutes ago
- Hans India
AP govt to celebrate first anniversary on a grand scale
Vijayawada: The TDP-led NDA government is set to celebrate its first anniversary on a grand scale on Thursday. Chief Minister Nara Chandrababu Naidu, Deputy Chief Minister K Pawan Kalyan, ministers, MPs, MLAs, MLCs, officials and a large number of people will participate in the first anniversary programme to be organised in Amaravati. The NDA government assumed charge on June 12, 2024. The government will use the celebratory function as a key platform to showcase its achievements over the past one year. It will also be used to communicate the government's vision and strategic objectives for the next four years, reaffirming its commitment to inclusive development and good governance. In the first anniversary programme, the coalition government is going to highlight its achievements, including distribution of Rs 2,720 crore every month towards pensions to 64 lakh people. The government also issued DSC notification to fill 16,347 teacher posts and conducted tests. Under the Deepam scheme, the state government has been giving three gas cylinders to women free of cost by spending Rs 2,684 crore. The state government, as per its promise, repaired roads at a length of 20,000 km at a cost of Rs 1,200 crore. Coming to the welfare of fishermen, the government allotted Rs 259 crore and distributed Rs 20,000 each during the fishing holiday period. Besides, 203 Anna Canteens were set up and 61 more will come up soon.
The Hindu
21 minutes ago
- The Hindu
ED raids in Rajasthan, Gujarat in ₹2,700 cr investors 'fraud' case
The Enforcement Directorate on Thursday (June 12, 2025) conducted searches in Rajasthan and Gujarat as part of a money laundering investigation into an alleged ₹2,700 crore fraud with investors, official sources said. The case filed under the Prevention of Money Laundering Act (PMLA) stems from a Rajasthan Police FIR against a company called Nexa Evergreen. The company is alleged to have duped investors to the tune of Rs 2,700 crore by promising higher returns and plots of land in Dholera city of Gujarat, the sources said. About two dozen locations in Sikar, Jaipur, Jodhpur and Jhunjhunu in Rajasthan and Ahmedabad in Gujarat are being searched as part of this probe, they said.
Economic Times
21 minutes ago
- Economic Times
Asian Paints shares see Rs 7,700 crore block deal, stock up over 2%
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of bluechip Nifty stock Asian Paints , which have fallen nearly 30% in the last two years due to rising competitive intensity and sluggish urban demand, saw a large block deal this morning in which 3.5 crore shares exchanged transaction involving 3.6% equity was said to be valued around Rs 7,7OO crore, according to reports. Following the large block deal, Asian Paints shares rose over 2% to Rs 2,263.95 on details of the buyer and seller were not immediately known, but there is a rumour in the market that Reliance Industries , which owns a 4.9% stake in Asian Paints through its investment arm Ojasvi Trading might have been the a month ago, ET had reported that RIL has revived plans to sell its entire 4.9% stake in Asian Paints, nearly two decades after buying had picked up the stake at an investment of just Rs 500 crore in January 2008, right when markets were in a tailspin amid the global financial crisis and the collapse of Lehman Paints shares have shed 17% over the past three years, making it one of the worst-performing blue-chip stocks in that period. Its once-impregnable fortress is now under siege — notably from Birla Opus Paints, a new entrant backed by the Aditya Birla to Elara Securities, Asian Paints' market share has fallen from 59% to 52% in FY25. The erosion is stark, and it's happening fast.'We strongly believe that as a brand we need to take calibrated action to ensure that we tackle the competition in a more sustainable way,' Asian Paints CEO Amit Syngle told investors headwinds abound. The company has posted muted revenue growth for four straight quarters, citing sluggish urban demand and an early Diwali. More concerning is the margin pressure. Despite lower raw material costs, higher rebates and increased competition have shrunk gross margins have taken note. Nuvama recently cut its FY26-FY27 earnings estimates for Asian Paints by 6-8%, forecasting a modest 7.2% EPS CAGR through FY28. It also slashed the target price to Rs 2,200, keeping its rating neutral and assigning a valuation of 45x forward earnings — a notable 20% discount to the stock's 10-year isn't the first time Ambani has flirted with an exit. Five years ago, Reliance had considered selling the stake ahead of its massive rights issue, as part of a broader deleveraging strategy following Jio's capex-heavy rollout. That plan never materialized.
