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For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Bharat 22 ETF to open on Nov 14; to raise Rs 8,000 cr

Bharat-22 comprises 22 scrips of PSUs, banks and entities in which government holds a minority stake.

28 Oct 2017 10:20 AM GMT

Finance minister Arun Jaitley addresses the media after the 22nd meeting of the GST Council in New Delhi. (Photo: PTI)

Arun Jaitley panel finalises launch date of Bharat-22 ETF

Government had raised about Rs 8,500 crore through the three tranches of CPSE ETF last fiscal.

23 Oct 2017 2:35 PM GMT

Indian Oil Corp has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. (Photo:IOCL)

Oil, gas PSU mergers exempt from CCI approval

CCEA approved sale of govt's 51.11 pc stake in oil refiner HPCL to country's largest oil producer ONGC.

23 Nov 2017 7:20 AM GMT

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

No going back on fuel price deregulation: Oil Minister Pradhan

The combination of high international oil prices and a depreciating rupee has made imports costlier.

8 Oct 2018 10:18 AM GMT

Niti Aayog making new list of sick PSUs for divestment: Kant

NITI Aayog has already recommended 40 sick PSUs for strategic disinvestment.

21 Feb 2018 10:09 AM GMT

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Government decides to sell 11 PSUs

MTNL, Bhel, ITDC's Ashok Hotel in Delhi up for disinvestment.

22 Oct 2019 8:42 PM GMT

NITI Aayog Vice chairman Arvind Panagariya

Panagariya recommends aggressive privatisation of public sector...

Among the longer-term reforms, Panagariya recommended reform of labour laws.

21 May 2019 6:20 AM GMT

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

Coal India to spend Rs 700 cr to procure 40 rakes

The Maharatna PSU's board has given the green signal to procure 40 rakes at nearly Rs 700 crore.

1 Aug 2019 9:33 AM GMT

Centre has decided to delink the land component from the companies and transfer them to their parent ministries

Centre to delink land held by 17 sick PSUs

While the government identified 19 sick PSUs for time-bound closure two years back, till now it has managed to close...

2 Nov 2020 5:19 AM GMT

A country that lifted 271 million people out of poverty between 2004 and 2014 is today staring at the spectre of a growing income and wealth inequality. (Photo: PTI)

Manish Tewari | INDIA'S GILDED AGE

This privatisation turned out to be more of a societal shock, rather than therapy for an ailing economy

27 March 2021 11:19 PM GMT

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

Govt collects over Rs 1 lakh cr through PSU disinvestment: Jaitley

So far, Department of Investment and Public Asset Management has raised Rs 1,00,056 crore through disinvestment.

29 March 2018 6:14 AM GMT

The government will sell 5 percent stake in the countrys largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore.

Govt to sell 5 per cent stake in NTPC tomorrow; to raise Rs 7,000...

The share sale through an offer for sale (OFS) will happen over two days, beginning on Tuesday

28 Aug 2017 12:48 PM GMT