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FinMin plans to launch ETF with bank stocks

ETFs function like a mutual fund scheme and have underlying assets of government-owned companies. Illustration: Dominic Xavier/Rediff.com The finance ministry is planning to launch an exchange......

Here's how Jaitley's on course to meet FY19 fiscal deficit target

However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana. IMAGE: Union Finance Minister......

Will the Modi govt get its divestment maths correct?

A chunk of divestment till now has come from follow-on offerings in the Centre’s two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies......

Govt's lopsided plan to meet divestment target

The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year Illustration: Uttam Ghosh/Rediff.com The government’s plan to meet divestment......

2017-18 divestment proceeds may exceed Rs 72,500 crore

For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore. Illustration: Dominic......
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