The Indian government has accelerated its disinvestment and asset monetisation plan, securing 31% of its full-year budgeted target in the first quarter itself. The move aims to shore up revenues and address the stress related to likely doubling of fertiliser subsidy bill.
The Indian government has temporarily restricted access to Telegram in an effort to prevent paper leaks during the upcoming re-examination of the National Eligibility-cum-Entrance Test (NEET-UG). The ban has sparked a debate on its effectiveness in preventing paper leaks.
The Indian government has announced key leadership changes in the insurance sector, impacting major players like Life Insurance Corporation of India and The New India Assurance Company Limited. Dinesh Pant’s appointment as whole-time member (actuary) at IRDAI is expected to bring fresh expertise and leadership to the regulatory body.
The Indian government’s Offer for Sale (OFS) of NLC India shares has seen a massive response from institutional buyers, with bids worth Rs 4,158 crore pouring in. The stake sale is expected to fetch about Rs 1,200 crore to the exchequer at the floor price.
The Indian government has announced plans to sell up to 6% stake in NHPC through an offer for sale (OFS) at a floor price of Rs 71 per share, aiming to raise Rs 4,200 crore to the exchequer. The sale marks a significant step towards achieving its disinvestment targets in FY27.
The Indian government plans to sell up to 6% stake in NHPC, a leading power generation company, through an offer for sale. The move is expected to fetch around ₹4,200 crore to the exchequer, part of the government’s efforts to raise funds through disinvestment and asset monetization.
