Niti Aayog will prepare the next list of central public sector companies for disinvestment in the next few weeks, its vice chairman Rajiv Kumar said on Thursday and expressed hope that the proposed asset reconstruction and management companies to address banks' bad loan woes will do a good job like the UTI. Days after Finance Minister Nirmala Sitharaman announced the Union Budget for 2021-22 laying out various measures (including disinvestment proposals) to bolster the pandemic-hit economy, Kumar also emphasised that the Modi government has shown consistent commitment for the welfare of farmers and for the improvement of the agriculture sector. "Now the process has begun... We will complete preparation of the next list in the next few weeks, we have got the marching order," Kumar said about the list of public sector companies for the next round of stake sales.
All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
Are "dubious" new categories and "shady" new brands, financed and funded by avaricious investors trying to change the contours of the Indian marketplace forever, asks Sandeep Goyal?
If a person has surplus cash for a short span of time like a week or a fortnight, Liquid Funds are good alternatives.
Since you are betting only on a few stocks, the risks are high.
Alternative thinking was the way to go this year-at least for the smart investor.
'If you look at this Budget, except for the Rs 2 increase in petrol and diesel, there is no positive or negative impact from the Budget for the common man.'
Archit Gupta on how can you maximise your savings and reduce your taxable income.
Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
The right investment at the right age will help you enjoy a secured post retirement life.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
Besides return and risk, investors also need to weigh the liquidity of the instrument they are putting money in
Given the broken balance sheet and the limited fiscal room, the government has to kick off investment: Vikas Khemani & Stephen Gallagher.
'The expectation was that Modi would become even bolder in his approach, and after only four months into his second term, we are starting to see evidence of this.'
Kapiva's plans to introduce allopathy-like doses of ayurvedic remedies for the millennial consumer finds traction.
Just in case you have surplus funds and are thinking about it, here are some pros and cons you must know...
The abolition of wealth tax is again a welcome step.
Sahara and Peerless are classified as residuary non-banking finance companies (RNBCs), which are now required to invest 100 per cent of their deposits in approved securities, including government bonds, fixed deposits with banks and mutual funds.The RBI has also asked the two RNBCs to submit alternative business plans.
After years of disappointing growth, the economy and the markets are poised for a breakout, notes Akash Prakash.
According to officials, more clarity might be required with regard to foreign fund managers in the context of Air India divestment.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.
Depending on your liquidity requirement, invest in the right debt instruments.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.
Chinese bicycle sharing giant Ofo launches service in seven Indian cities.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
MAT has damaged investor confidence
Movements in gold prices will depend on the US' interest rates.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
Getting locked into instruments before the new regime kicks in would be a good strategy.
With filing possible only online, there is no scope for any error.
A six-point comparison by Anil Chopra, Group CEO & Director, Bajaj Capital
Every 30 seconds its website is connected to an SME for a loan, every five minutes it evaluates a loan, and every 20 minutes it disburses a loan.
The bank, however, maintained that the incremental benefit from the MCLR based lending rates introduced in April 2016 as an alternative to the earlier system of base rate, was positive.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
Investors prefer exits with lower valuation to staying invested for a longer term
The failed deals could be the much-needed wake-up call for the M&A space.