Experts believe the govt's decision to provide the last mile funding is a wrong approach and is unlikely to benefit majority of the projects, which are stuck in different stages of construction due to the definition of the projects under this scheme.

\"By October 2, we have to collect single-use plastic in our homes, schools, and offices,\" says PM Modi, during the inauguration of Maan Dhan Yojana in Jharkhand

Ex-Citi banker Nanoo Pamnani became chairman of Bajaj Finserv, while Niraj Bajaj took charge as chairman of the holding company

This fresh support to IDBI Bank will help tackle the financial crisis it is embroiled in. The bank has been in the red for the last 11 quarters.

During 2018-19, LIC registered a growth of 5.68 per cent in the new business in terms of the first year Premium.

On most relevant parameters, Airtel is doing better in Africa than India. Take subscriber growth, for example. In the past one year until June, the African operations have added 8.5 million subs as compared to a loss of 24.2 million (or 7 per cent subs) in India in the past one year to June

IDBI Bank shares plunged as much as 9.3% after the credit rating firm S&P Global on Tuesday placed the private lender's unsecured debt rating on 'credit watch negative' for breaching its regulatory capital requirement.

S&P Global Ratings has said that the breach could be temporary because IDBI Bank is in the process of raising capital from the Indian government and LIC to clean up its balance sheet and replenish its capitalisation

Nearly a dozen companies have been identified in a preliminary list, including maharatna and navratna CPSEs such as Indian Oil Corporation, NTPC, Power Grid, Oil India, GAIL, BPCL, and Engineers India Limited, where the government wants to cut its direct holding to under 51 per cent

How to manage your money better by using latest apps and other digital upgrades

LIC public listing plan: The proposal, which is at an early stage, is to initially sell a small tranche of the behemoth through an IPO and later dilute the government's holdings

There are bank loans that will also come up for redemption in the near future. The amount of bank loan outstanding is not known

Keen on timely execution of the Rs 8.41 lakh crore ambitious Bharatmala project that aims to lay a grid of highways pan-India, the Road Transport and Highways Ministry has been looking to harness various sources of finances including pension and insurance funds.