LIC listing may take about a year, says Finance Secretary Rajiv Kumar
Kumar said the idea behind the listing of LIC was to "bring in more transparency and allow the company to share gains with its stakeholders"
Kumar said the idea behind the listing of LIC was to "bring in more transparency and allow the company to share gains with its stakeholders"
On Saturday, the benchmark indices closed near their day's lows, indicating further selling pressure on the following trading day
Economists and industry leaders said the budget proposals would provide some support to growth over the longer term but were insufficient to give it an immediate boost
Real estate developers' apex bodies CREDAI and Naredco have also expressed disappointment over the Budget as their demand of one-time restructuring of builders' loan was not met
Has Finance Minister Nirmala Sitharaman delivered a fiscally prudent and growth-oriented Budget 2020? Business Standard Chairman T N Ninan and Editorial Director A K Bhattacharya discuss
He further said if the government will be able to achieve disinvestment target of 2020-21 then the Budget will be very successful
An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt
There are 13 unions in LIC, and employees and officers affiliated to 11 unions were on protest
Price increase brought on by spike in National Calamity Contingency Duty announced in Budget
Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days
"All these expenditures are unlikely to be imparting any fresh growth stimulus to the Indian economy," he argued
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