Last Updated: Monday, December 09, 2013, 16:23
Finance Minister P Chidambaram has been repeatedly stressing he will meet the fiscal deficit target of 4.8 percent of the GDP in this fiscal, but HSBC said the spending- revenue gap may overshoot to 5.1 percent.
Last Updated: Monday, December 02, 2013, 15:53
The government has budgeted to raise Rs 40,000 crore from minority stake sale in PSUs in the current fiscal.
Last Updated: Tuesday, November 12, 2013, 09:29
Government will on Tuesday begin roadshows in US for sale of its 10 percent stake in nation's largest oil firm, Indian Oil Corp (IOC), that may fetch as much as Rs 3,900 crore.
Last Updated: Monday, November 11, 2013, 20:30
Roadshows are planned in United States and London this week, sources with direct knowledge of the development said.
Last Updated: Monday, November 11, 2013, 10:21
The government`s planned sale of stakes in Indian Oil and other state companies including Coal India is critical to relieving pressure on public finances that could put the country`s investment-grade credit rating at risk.
Last Updated: Monday, April 22, 2013, 18:34
Unhappy with the present disinvestment procedure, a Parliamentary panel has asked the government to promote retail participation instead of selling shares of PSUs to institutions through the Offer For Sale (OFS) route.
Last Updated: Wednesday, March 06, 2013, 10:45
The Empowered Group of Ministers (EGoM) on disinvestment, headed by Finance Minister P Chidambaram, met on Wednesday and decided on the stake sale.
Last Updated: Thursday, November 22, 2012, 18:29
The government on Thursday said it is hopeful of achieving the disinvestment target of Rs 30,000 crore for the current fiscal.
Last Updated: Tuesday, November 20, 2012, 19:33
This move is aimed at meeting the government's disinvestment target of Rs 30,000 crore in the current fiscal.
Last Updated: Tuesday, March 13, 2012, 21:34
The government Tuesday indicated that it will set disinvestment target for the next fiscal at Rs 30,000 crore, but may not be able to achieve the Budget Estimates of 2011-12.
Last Updated: Sunday, March 04, 2012, 12:25
It is a fair price, and not the method, that could ensure success in the government's disinvestment drive, market experts feel in the wake of the ONGC share sale by an innovative auction barely scraping through last week.
Last Updated: Monday, August 08, 2011, 16:57
The government Monday indicated it may lower the Rs 40,000 crore disinvestment target for the current fiscal in view of the recent bloodbath in the stock markets on account of global uncertainty.
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