Nirmala Sitharaman is an Indian politician of the Bharatiya Janata Party, serving as the Minister of Defence of India since 2017 and has served as Member of the Rajya Sabha, upper house of the Indian Parliament, since 2016. Read More
In a classic example of a popular investor strategy, 'buy on rumour and sell on news', Bharat Petroleum Corporation Limited (BPCL) on Thursday ended 5.7 per cent lower at Rs 513.50 a share on the NSE after the government announced its divestment plan ...
In a big relief to the telcos Airtel, Vodafone and Jio, the Union Cabinet has approved the recommendation of the Committee of Secretaries (CoS) and allowed telcos a two-year moratorium on spectrum-related dues which translates into a Rs 42,000 crore ...
Pushing the pedal on its disinvestment programme, the Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved strategic disinvestment in five large public sector undertakings (PSU) BPCL, CONCOR, SCI, THDC and NEEPCO along with change in ...
Brining an end to months of anticipation over the government lowering its stake in major public sector undertakings (PSU), the Union Cabinet on Wednesday approved strategic disinvestment in five PSUs. ...
The Rs 2000 notes, released by the Reserve Bank of India (RBI) post November 2016 demonetisation of Rs 500 and Rs 1000 banknotes, has now emerged as the favourite currency for hoarders who have used the high denomination notes to stash unaccounted ca ...
Even as the government is mulling increasing the insurance cover for bank deposits, the All India Bank Employees' Association (AIBEA) has demanded scrapping of such insurance cover for public sector bank deposits. ...
The Reserve Bank can now direct resolution of non-banking financial companies (NBFCsfor with assets worth at least Rs 500 crore under the insolvency law to help in addressing defaulting cases in the Non-Banking Financial Companies sector, according t ...
Supporting consolidation in the telecom sector, public policy think-tank Cuts International on Sunday lauded Finance Minister Nirmala Sitharaman for saying that she would not like any telecom operator in the country to shut operations. ...
