India would have been better equipped to fight COVID-19 with different economic policy, says Gopalkrishna Gandhi
Gopalkrishna said the the country's economic policy — one which encouraged industrialisation and urbanisation, causing "huge population unsettlement" and forcing farmers to migrate to cities in large numbers — only spurred the COVID-19 pandemic
Rajan, Acharya may be off mark: PSU banks need strategy and focus to survive, not privatisation as remedy
The PSU banks' problem is often linked to India's burgeoning fiscal deficit that needs control because pumping taxpayer money into state-run banks is fraught with risks.
Hardeep Singh Puri says will send proposal for 'further' privatisation of airports to Union Cabinet tomorrow
Last year, airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, Guwahati were cleared for operation, management, development through public-private partnership model
Air India sale: DPIIT notifies decision to permit NRIs to own up to 100% stake in cash-strapped national carrier
The Department for Promotion of Industry and Internal Trade (DPIIT) has notified a decision of the union cabinet to allow non-resident Indians (NRIs) to control up to 100 percent stake in disinvestment-bound Air India
Air India disinvestment process going on 'extremely well'; govt may extend initial bids deadline: Aviation minister Hardeep Singh Puri
Civil Aviation Minister Hardeep Singh Puri on Friday indicated that the deadline for submission of preliminary bids for Air India could be extended even as he emphasised that the disinvestment process is going on "extremely well"
Air India privatisation: Govt extends time till 6 March for bidders to pose queries on stake sale in national carrier
The government has extended the time till 6 March for bidders to pose additional queries regarding sale of its 100 percent stake in Air India
The size of the UK economy is $2.83 trillion and that of France is $ 2.71 trillion
Air India sale: Govt working on proposal to allow 100% foreign direct investment in national carrier
The government is working on a proposal to allow 100 percent foreign direct investment in Air India as it moves ahead with disinvestment of the national carrier, according to sources
The employees' union of Life Insurance Corporation (LIC) will stage an hour-long walk-out strike on Tuesday to protest against the government's move to sell its stake in the state-run insurer through an initial public offering
Buyers of Air India, BPCL not to get free hand to shed excess staff: DIPAM secretary Tuhin Kanta Pandey
Buyers of loss-making airline Air India and oil firm Bharat Petroleum Corporation Ltd (BPCL) will not get a free hand to shed excess workforce as the government will build in certain protection to employees in the share sale agreement, DIPAM Secretary Tuhin Kanta Pandey said
Economic Survey 2020: Privatised CPSEs reported better profit, sales after transition; aggressive disinvestment promotes efficiency
It observes that the focus of the strategic disinvestment needs to be to exit from non-strategic business and directed towards optimising economic potential of these CPSEs.
Air India sale: RSS-affiliate Bharatiya Mazdoor Sangh opposes privatisation of national carrier, asks govt to revisit decision
RSS-affiliate Bharatiya Mazdoor Sangh (BMS) on Tuesday opposed Air India sale, and urged the government to think over this decision
Bharat Bandh 2020: Over 10 national trade unions, thousand of strikers disrupt transport, banking services in protest against privatisation, unemployment
More than 10 national trade unions affiliated to left-wing parties, including the main opposition Congress, have called for a nationwide protest against Prime Minister Narendra Modi’s labour reforms.
BPCL privatisation: Govt has no business to be in business, says Petroleum Minister Dharmendra Pradhan
Petroleum Minister Dharmendra Pradhan on Thursday said the government has "no business to be in business", and cited examples of telecom and aviation sectors where opening up had led to increased competition and price cuts to the benefit of consumers
PSB privatisation: Bank union defer with Nobel laureate Abhijit Banerjee's view; say diluting govt stake below 50% is no solution
Associations of employees and officers of public sector banks (PSBs) have expressed disagreement with Nobel laureate Abhijit Banerjee's view that the government should privatise PSBs to tackle the crisis in the sector, asserting that diluting the Centre's stake in PSBs is "no solution"
The government is in the process of forming a task force to draw a blueprint for handing over operations of 150 trains and 50 railway stations to private operators in a "time-bound manner"
Shares of BPCL fell over 3 percent on Monday after the government repealed the legislation that had nationalised the company
Logistics major DHL Express warns poor infrastructure at Mumbai airport may risk $5 trillion economy target
DHL said there is only a single slot for all airfreight operators and there is no scope for expansion at the nation's second-largest airport
Air India issues gag order on employees, warns of 'action' for interaction with media sans CMD's prior approval
The communication also comes against the backdrop of instances where representatives of some Air India unions publicly criticised efforts to privatise the loss-making airline.
Jet Airways collapse: Govt must put brakes on open sky policy; privatisation is not a remedy, says AI Union official
The abrupt closure of Jet Airways operations for the time being has put jobs of its over 20,000 employees