Cabinet approves privatisation of BPCL, 4 other central PSUs

Govt to sell its entire 63.75% stake in Shipping Corporation and 30.8% holding in Container Corporation. Read more »
India GST collection

GST compensation: State FMs seek early release of funds

Finance ministers of Delhi, Kerala, West Bengal, Punjab and Rajasthan say delay in payment has stalled state governments' activities. Read more »

Air India, Pawan Hans, ITDC among 28 central PSUs cleared for strategic sale

Modi government to complete the sale of BPCL, Air India this financial year. Read more »

Govt boosts PSU banks’ capital base by Rs 60,314 crore

Modi government had made a provision of Rs 70,000 crore in the Budget for 2019-20. Read more »

BSNL may face staff shortage after VRS

PSU telco preparing for life after VRS; may merge circles, shuffle staff to meet a likely manpower crisis. Read more »

Govt may grant one-year extension to Finance Commission

The deadline for submitting the report was earlier extended from October 31 to November 30. Read more »

BPCL disinvestment: PSU fuel retailer yet to hear from govt

The Union Cabinet is expected to consider privatisation of BPCL next week. Read more »

Banks may not charge you for NEFT transactions from January

The Reserve Bank of India has proposed several steps to improve the digital payment experience. Read more »
CPIU inflation soars, IIP shrinks

India to import onions after prices touch Rs 100; steps taken to boost procurement

Govt eases tender norms to speed up imports, MMTC asked to import from Dubai Read more »

SBI loans cheaper by 5 basis point after cut in benchmark rate

The government and the Reserve Bank of India have been prodding banks to cut lending rates. Read more »