Tag: idbi bank
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister Sidhu
Mumbai: Canada’s Minister of International Trade, Maninder Sidhu, has welcomed the investment potential between India and Canada, highlighting the role of Canadian companies, institutions and…
Canada aims to seal India trade pact by year-end amid push to diversify ties
Canada is hoping to finalise a trade agreement with India by the end of this year as it looks to expand its economic ties beyond…
IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM Sitharaman
New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said the Cabinet Committee on Economic Affairs’ (CCEA) approval for the strategic restructuring of IDBI Bank will…
India’s budget math brightens with asset sales target in sight
India’s fiscal outlook has improved from the worst-case scenarios officials were contemplating at the height of the Iran war, with the government now set to…
Centre unlikely to dilute strategic sale list despite ministries’ push for review
The Centre is unlikely to dilute its list of public sector enterprises identified for strategic sale despite repeated demands from several ministries to reconsider the…
India on track to exceed key fundraising goal on state-firm stake sales
NEW DELHI: India expects to exceed this fiscal year’s goal of raising Rs 80,000 crore ($8.4 billion) through the sale of stakes in state-run firms…
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27
New Delhi, The government has pushed the pedal on its disinvestment and asset monetisation plan in the current fiscal, raising about 31 per cent of…
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burden
The Centre has already mobilised close to Rs 20,000 crore through stake sales and asset monetisation in the first two months of the current financial…
Strong consumption keeps growth steady amid Iran war cost concerns
New Delhi: Strong domestic consumption has kept economic growth momentum steady in the June quarter, but the West Asia war has posed challenges, including elevated…
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risks
New Delhi: The government plans to push ahead with reforms, including further measures to boost foreign investment, speeding up divestment and asset monetisation, as it…