The importance of the BPCL stake sale
BPCL’s strategic sale goes much beyond the money that will flow into the government’s coffers, because it will be India’s biggest fuel market reform since 2002.
disinvestment
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
July 2019
Definitely a consumption Budget: Nirmala Sitharaman
Through an outreach programme after the Budget, finance minister Nirmala Sitharaman explains how her Budget proposals would aid economic growth while remaining fiscally prudent.
Video: Analysing the Budget
Editor Sourav Majumdar and deputy editor Ashish Gupta decode the latest budget proposals.
‘Budget 2020 will be very challenging’
Despite a lower tax mop-up and the shortfall in disinvestment target, government receipts are seen growing 6% in FY20, thanks to RBI’s large dividend. But FY21 would be different.
Fund raising in 2019 fails to breach 2017 records
At ₹98,213 crore, total fund raising in 2019 fell short by over 41% as compared to 2017’s ₹1,66,544 crore; equity was short by 49% while public bonds issuance grew 161.7% from 2017.
Is Modi the reformer back?
With a fast-tracked pipeline of disinvestment in marquee state-run companies, the Indian Prime Minister may have rediscovered some of his reformist zeal.
The road to disinvestment
If the government moves fast on strategic sale, consolidation among various public sector units, and bringing down its stake to below 51% in CPSEs, it may achieve its disinvestment target.
Market veterans say the bull run has begun
The S&P BSE Sensex closed above 40,000 points on Wednesday after nearly five months. It has gained more than 4,190 points in 27 trading sessions since September 19.
Disinvestment target set at ₹1.05 lakh crore
Gaining confidence from beating its disinvestment targets for the last two fiscals, the government has set itself an aggressive target for FY20.
Good blueprint, but gaps remain: India Inc.
Focus on infra, housing, financial services, labour reforms welcome; but concerns remain on corporate tax, ability to meet disinvestment target.
