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But divestment department is confident with strategic sales of BPCL, Concor, Shipping Corporation of India, Air India, IDBI and LIC IPO coming.

Stiff divestment target of Rs 2.10 lakh crore to finance govt

The government has not been able to achieve the target this year so far with just Rs 18,095 crore collected so far and...

1 Feb 2020 9:59 PM GMT

Shiv Sena chief Uddhav Thackeray

Uddhav Thackeray slams Budget for ignoring city, state

The CM said that the decision to divest a stake in LIC shows the precarious state of the economy.

1 Feb 2020 9:49 PM GMT

Despite cuts in corporate taxes and monetary easing by the central bank, investments have failed to pick up.

No major rise in Budget to help wildlife: Greens

The budget for Project Tiger, too, has been reduced by Rs 50 crore.

1 Feb 2020 9:45 PM GMT

Experts said that while higher insurance cover on bank deposits should support the deposit accretion of banks, it would increase the premia cost for banks.

Budget 2020: Bank deposits insured till Rs 5 lakh

All deposits of a depositor maintained across all branches of the failed bank are insured upto Rs 1 lakh only on the...

1 Feb 2020 9:31 PM GMT

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Markets collapse, Rs 3.4 lakh cr investor wealth wiped out

Investor wealth, measured in terms of value of all listed shares on BSE, eroded by Rs 3,46,256.76 crore to settle at Rs...

1 Feb 2020 9:25 PM GMT

Finally, this resulted in the mad rush among the people for cover and they came forward in big numbers to buy expiring LIC products.

Budget 2020: LIC to get listed on stock exchange

After two capital infusions, the government owns a substantial part of IDBI Bank (46.5 per cent stake) which will be...

1 Feb 2020 9:19 PM GMT

Rs 3000 crore for skill development. Is that a lot or what? (AP)

Start-up crowd loves Budget 20-21, but education capitalists swoon

For the digital skills guys, Nirmala Sitharaman opened with a roar but then

1 Feb 2020 12:39 PM GMT

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Fiscal deficit target raised to 3.8 pc from 3.3 pc for FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of...

1 Feb 2020 9:18 AM GMT

Union minister of state for finance and corporate affairs, Anurag Thakur, meets President Kovind along with finance minister Nirmala Sitharaman ahead of Union Budget 2020-21 at Rashtrapati Bhavan in New Delhi. Twitter Image

Union Budget 2020: Provide relief to salaried class, says Congress

The party hopes the budget would provide a healing touch to the common man and industry facing hardship since...

1 Feb 2020 4:53 AM GMT

Finance minister Nirmala Sitharaman

Survey predicts growth rise to 6-6.5 per cent in 2020-21

Sitharaman will present the Union Budget in the Lok Sabha at 11 am on Saturday.

31 Jan 2020 8:21 PM GMT