New Delhi, March 25 -- Indian Railways has tightened its ticket cancellation rules, doubling the no-refund window from four hours to eight and applying penalties on cancellations 72 hours from departures - as opposed to 48 hours - a restructuring the government said was aimed at eliminating the incentive that allows touts to hold and offload tickets at a premium at the last moment. "This is to end the incentive for last-minute black marketing, where people are ready to pay any price," minister Ashwini Vaishnaw said.P9

Published by HT Digital Content Services with permission from Hindustan Times....