Tag: idbi bank

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Posted in Economy

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…

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Posted in Economy

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…

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Posted in Economy

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…

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Posted in Economy

GDP growth momentum intact, no need for additional borrowing so far: Govt sources

New Delhi: The Indian economy is facing headwinds from external sectors with rising fuel and fertiliser import bills due to West Asia crisis, but GDP…

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Posted in Economy

PSU closure: Govt sets in motion new move after years wasted in stop-start process

The Centre has turned up the pressure on ministries to accelerate the shutdown of loss-making public sector enterprises, as progress on winding up unviable state-owned…

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Posted in Economy

ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growth

Finance Minister Nirmala Sitharaman said the government is working on fresh reforms to ease regulatory compliance burden for India Inc, adding that a reforms package…

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Posted in Economy

Tell us what you need to invest more: FM Sitharaman to India Inc

Mumbai: Finance minister Nirmala Sitharaman on Saturday underscored the government’s resolve to cushion vulnerable sections, such as farmers, from a surge in input costs in…

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Posted in Economy

Consumption sustaining growth; predictable support essential for GDP expansion: FM

Pune: Domestic consumption is sustaining the growth momentum in the economy, and predictable policy support is essential to ensure that the pace of GDP expansion…

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Assets Monetisation in Focus to Bridge Potential Selloff Gap
Posted in Economy

Assets monetisation in focus to bridge potential selloff gap

New Delhi: The government is planning to accelerate its asset monetisation programme in this financial year, aiming to boost its resources and make up for…

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The government is set to scrap the bids it received for a majority stake in IDBI Bank as the amounts were below the minimum price sought. (Mint)
Posted in Business

IDBI Bank shares tumble after govt stake sale plans reportedly scrapped| Business News

The stock of IDBI Bank Ltd. fell the most since at least June 2024 after reports that the government has decided to scrap its stake-sale…

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