Nlc India

Govt to launch sixth tranche of CPSE Exchange Traded Fund on 18 July; to raise up to Rs 10,000 cr

The government is planning to raise up to Rs 10,000 crore from the sixth tranche of CPSE ETF which would be launched on 18 July, an official said

Coal projects worth Rs 11,000 cr facing delays, Centre seeks report from CIL, NLCIL to identify the reasons

The matter came up during a recent meeting to review projects worth Rs 35,000 crore at a time when India is witnessing a significant amount of coal imports.

To keep fiscal deficit under check, govt plans to raise $5.4 bn via stake sale in seven state-run firms

The part sale of government stakes in state-run and private firms is critical to meet the fiscal deficit target of 3.2 percent of gross domestic product in the year to March 2018