Govt puts off Air India stake sale due to election year ahead

The decision was taken at the high level meeting convened by Union Minister Arun Jaitley.

Oil bonds issued by UPA govt being serviced, says Piyush Goyal

We have inherited 1 lakh 30 thousand crores of oil bonds which are unpaid bills of oil companies from 2009-14, says Goyal.

Fiscal deficit stood at 53 per cent of the GDP, broadly in line with the government's revised estimates for 2017-18.

The government will maintain stability in the economy and meet all economic parameters.

With the raising of this capital, FDI in the bank would hit the regulatory ceiling of 74 per cent.

Goyal said during a video conference with journalists from different parts of the country.

CSCs can also be made a medium to grant mudra loans, says Railway Minister.

Piyush Goyal said the law will take its own course in the alleged case of nepotism at ICICI Bank.

Panel, headed by PNB chairman, to report in 2 weeks

Meeting is also expected to take a call on issuance of recapitalisation bonds for some of the weak banks.