The government is planning to sell its stake in SJVN Ltd and Power Finance Corporation to NTPC and Rural Electrification Corporation, respectively, with an aim to rein in India's fiscal deficit
1 min read24 Sep 2018Since LIC's capital is funds collected from insurance policies, it is not fair on policyholders to find their money funnelled into sick banks
2 min read26 Jun 2018Bharat Dynamics IPO will be open from 13-15 March that will see the government sell a total of 22.45 million shares, representing a stake dilution of about 12%
1 min read8 Mar 2018Open for subscription 15-17 March, the institutional portion of the CPSE ETF managed by Reliance Capital was subscribed 7.6 times
1 min read18 Mar 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared