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But divestment department is confident with strategic sales of BPCL, Concor, Shipping Corporation of India, Air India, IDBI and LIC IPO coming.

Stiff divestment target of Rs 2.10 lakh crore to finance govt

The government has not been able to achieve the target this year so far with just Rs 18,095 crore collected so far and...

2 Feb 2020 3:29 AM IST

The Budget has given priority to agriculture, MSME, NBFC, infrastructure and affordable housing. Reviving business confidence, private capex recovery, manufacturing, have got lower attention.

Credit guarantee on debt for NBFCs, HFCs

The move, according to experts, would help NBFCs in the recovery process of an even smaller loans.

2 Feb 2020 3:05 AM IST

Experts said that while higher insurance cover on bank deposits should support the deposit accretion of banks, it would increase the premia cost for banks.

Budget 2020: Bank deposits insured till Rs 5 lakh

All deposits of a depositor maintained across all branches of the failed bank are insured upto Rs 1 lakh only on the...

2 Feb 2020 3:01 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Markets collapse, Rs 3.4 lakh cr investor wealth wiped out

Investor wealth, measured in terms of value of all listed shares on BSE, eroded by Rs 3,46,256.76 crore to settle at Rs...

2 Feb 2020 2:55 AM IST

Finally, this resulted in the mad rush among the people for cover and they came forward in big numbers to buy expiring LIC products.

Budget 2020: LIC to get listed on stock exchange

After two capital infusions, the government owns a substantial part of IDBI Bank (46.5 per cent stake) which will be...

2 Feb 2020 2:49 AM IST

The tea industry is lobbying for solar power scheme for farmers.

I'll have what he's having: Tea lobby wants sops FM gave to farmers

Industry lobby says tea cultivation is eminently an agricultural activity

1 Feb 2020 9:33 PM IST

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Union Budget 2020: Sensex nosedives 900 pts, gives up 40k level

Experts said the Budget has been below par considering investors had extremely high expectations from the government to...

1 Feb 2020 4:46 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Fiscal deficit target raised to 3.8 pc from 3.3 pc for FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of...

1 Feb 2020 2:48 PM IST

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Markets react negatively to Sitharaman's Budget 2020

Sensex was trading over 150 points higher ahead of the Budget presentation

1 Feb 2020 1:53 PM IST

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Budget 2020 provides big income tax relief for individuals

The digital revolution will play a big role in delivering services to the people in India in the coming days, says FM.

1 Feb 2020 10:39 AM IST

Finance Minister Nirmala Sitharaman before announcing the Budget 2019.

FM Sitharaman arrives in Parliament to present first Budget of new...

The Union Budget 2020 will be presented in a short while from now.

1 Feb 2020 10:26 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Sensex slumps over 200 pts ahead of Budget

According to analysts, investors are cautious ahead of the Union Budget

1 Feb 2020 10:17 AM IST