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DISINVESTMENT MEANING AND IMPACT
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...- Budget 2024: What is a strategic sale? How is it different from disinvestment?Budget 2024: In the Interim Budget, Finance Minister Nirmala Sitharaman revised India's divestment target for FY24 to Rs 30,000 crore, down...
- Repealing farm laws may slow down labour reforms furtherThere are concerns that backtracking on farm laws can embolden the opposition to reforms or strengthen demand for populist giveaways.
- Govt targets to conclude ongoing CPSE privatisation this fiscalThe process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp and NINL has already moved to the second stage after the g...
- 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....
- Reliance to remain lacklustre sans fresh triggers: Siddhartha Khemka“In the oil and gas sector, ONGC and HPCL would report very strong earnings and should continue to do well. Reliance likely to come out wit...
- Ministerial panel to decide on number of CPSEs to be retained in each strategic sector: DIPAM SecretaryFor the current fiscal, the revised target has been set at Rs 32,000 crore, lower than Rs 2.10 lakh crore set in the previous Budget. The C...
- Here are the key divestment and IPO announcements Nirmala Sitharaman made in her Budget 2021Nirmala Sitharaman said CPSEs in all but four sectors will be eventually privatised. It was also announced that the IPO of LIC will be brou...
- Govt aiming for near-zero growth by year-end, solid expansion next yearWe need to take a balanced approach and go along with our lives, says the finance secretary.
- OROP to squeeze government finances by Rs 16,000 cr in FY16; to impact fiscal math: HSBCAs per HSBC, the existing defence pension bill is likely to go up by Rs 10,000 crore, while arrears totalling Rs 12,000 crore will be paid ...
- AirAsia case to have no impact on Air India stake sale process: officialThe deadline for submitting Expression of Interest (EoI) for 76 per cent stake in the debt-laden Air India is ending today.
- Indian mindset for ownership of Air India; in theory all open: Ashok Gajapathi RajuThe current FDI policy does not permit foreign airlines to invest in Air India whereas they are allowed up to 49 per cent stake in domestic...
- IT sector feels Brexit will have mixed impact in long termIT industry in India would foremost be impacted by a possible decline in the value of the British pound, which would render many existing c...
- LIC will have more products, looking at increasing the overall premium income by up to 15%: SK Roy, Chairman, LIC"This year, we are planning to have more products and possibly a stronger distribution team. We are clear that we need to increase coverage...
- DoD wants subsidy roadmap before ONGC disinvestmentThis subsidy contribution is by way of discount on crude oil they sold to the downstream firms and it was capped at USD 56 per barrel in 20...
- Plan panel defends govt decision to go slow on disinvestmentThe Department of Disinvestment is running against time to meet its ambitious disinvestment target of Rs 40,000 crore for the current fisca...
- Inflation would ease further: R Gopalan, Economic Affairs SecretaryThe government today expressed hope that price situation would ease further and said moderation in food inflation will give happen soon.
- Govt eyes disinvestment in profit making PSUsThe government is looking at disinvesting small portion of equity in profit making public sector enterprises other than the `Navratnas', Fi...
- String of PILs may send sale targets for a sixThe Supreme Court order may have blown the whistle on the disinvestment exercise only now.
- DoD fears Rs 50,000 cr gap in 10th plan divestment realisationThe Disinvestment Ministry is believed to have cautioned the government that it might not be possible to mop up more than Rs 25,000 crore d...
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