Private players can come in later and bid for the commercial area that would be made available at the stations.

Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.

As the NDA government enters its final year, there is a long unfinished agenda that it may not be able to implement by 2019.

While Goyal's tenure as the Finance Minister is going to be ephemeral, the former chartered accountant turned investment banker has already set the ball rolling to improve the financial health of country's public sector banks.

The redevelopment plan has reportedly been assigned to the zonal railways with a one year deadline for completion.

The change in pricing would also alter the ticket fares in premium trains that include 18 per cent GST on catering charges.

Rattled by a spate of frauds in the banking sector, lenders are now planning to increase insurance cover against delinquencies by their employees to protect their bottom lines.

Rattled by a spate of frauds in the banking sector, lenders are now planning to increase insurance cover against delinquencies by their employees to protect their bottom lines.

The government will invite expressions of interest from those interested in buying state-owned Air India Ltd, after the budget presentation on February 1, a top government official has stated.

Last year in June, the Cabinet Committee on Economic Affairs gave an in-principle approval for considering strategic disinvestment of Air India.

Months after the government initiated a process for strategic disinvestment of Air India, a parliamentary panel has reportedly concluded that this wasn't a right time to privatise the national carrier and it should be given at least five years to revive.

India clamps down on Chinese imports citing the one-sided nature of the engagement. But the process of weaning away industry from cheaper imports will not be easy.

Earlier in July, the Railways had launched an integrated mobile application- Rail SAARTHI. The app was launched to cater to various passenger requirements, including ticket booking, inquiry, on-board cleaning and ordering meal on a single platform.

In what could be the biggest tragedy at a Mumbai railway station in recent years, 22 commuters today lost their lives in a stampede that happened on the foot-over-bridge connecting two railway stations.

Piyush Goyal said that he met Isro chairman A.S. Kiran Kumar few days back and Indian Railways along with RailTel are working together to explore use of space technology for safety in railways.