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CURRENT DISINVESTMENT SCENARIO
General govt fiscal deficit estimated at 10.4 pc in FY2022: ReportWith the state governments' fiscal deficit projected at a relatively modest 3.3 per cent of GDP in FY2022, the general government fiscal de...- India's sovereign rating to remain at current level for next 2 years: S&PS&P, which had in March seen the Indian economy growing by 11 per cent in the fiscal year to March 2022, saw GDP growth rate dropping to 9....
- CPSEs should include asset monetisation in MoUs with ministriesThe government has said that central public sector enterprises (CPSEs) should include asset monetisation and market capitalisation improvem...
- Air India's current business 'not sustainable': Government tells Parliamentary panelWith the Cabinet giving "in-principle" approval for selling stake in the loss-making Air India, a ministerial panel is working on the final...
- Disinvestment target should not be confined to dates: DoD"At the right environment, the government is committed to pursue the minority stake sale and disinvestment process will continue," Disinves...
- Foreign investors want government to defer Coal India stake saleOpposing an immediate stake sale in Coal India Ltd, foreign investors have told the Finance Ministry that further disinvestment in the coal...
- Government not to go ahead with OIL stake sale soonThe government is not likely to sell a 10 per cent stake in Oil India soon as it feels the company will not get a good valuation in current...
- India's ability to absorb economic shocks is stronger: Arun Jaitley"Considering the vast depth and size of the Indian market...our ability to absorb those shocks is far stronger", the Finance Minister said.
- Parliament panel seeks review of disinvestment policy“As against a total target of Rs 1.5 lakh crore for disinvestment receipts, only Rs 75,813.71 crore could be realised during the last four ...
- Government hopes to sail through divestment testAfter dragging its feet on the disinvestment programme, the Narendra Modi government has put in place a clear strategy to accelerate the pr...
- Government feels Coal India undervalued, may sell stake in two tranchesCoal India closed at Rs 347.80 on the Bombay Stock Exchange (BSE) on Tuesday. The stock hit a 52-week high of Rs 423.85 in June.
- Narrowing CAD to help lift rupee, ease inflation: Industry groupsNarrowing of the current account deficit will help arrest depreciation of the rupee and ease inflation concerns, industry groups said.
- BHEL share sale not in this fiscal due to 'terrible scenario' in power sector: Praful PatelDisinvestment in Bhel will not happen in this financial year due to the "terrible scenario" in the power sector, Praful Patel said today.
- Economic scenario likely to improve: SurveyIndia's economic situation is expected to change for better in the coming months, although the fiscal deficit target set by the government ...
- Government to borrow additional Rs 20,000 crore in current fiscalFaced with rising gap between revenue and expenditure, the government is likely to borrow an additional Rs 20,000 crore towards February-Ma...
- Current political situation fragile, markets to trade in a range: C Jayaram, Kotak Mahindra Bank"The government is now dependent on support from two parties. I do not think they will want to take the risk of doing more on the reform fr...
- Govt to push for Concor, Ircon divestmentFinance Ministry is likely to initiate discussions with the Railway Ministry amid concerns that the government will not be able to meet its...
- Disinvestment Fund gets FM's okay, moves to CCDThe imbroglio on disinvestment notwithstanding, the government has decided to set up a Disinvestment Fund, exclusively out of the proceeds ...
- Divestment Street: Big-ticket deals still stuck on slow trackIt could be twelve hectic months ahead for M/s Shourie and the new secretary in the disinvestment ministry, the political environment willi...
- Going, going, hope it goes throughIt could be 12 hectic months ahead for Shourie and a new secretary in the disinvestment ministry, the political environment willing.
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