Govt to raise USD 1.4 billion from Indian Oil share sale

India is set to raise abou Rs 9,379 crore or Rs 93.79 billion from a share sale in state-run Indian Oil Corp, the government said on Monday, but a slump in the stock market raised concerns about......

India withdraws policy to cap nonessential pharma prices

India's drug pricing authority said the government has withdrawn its power to set prices of nonessential medicines, but price caps on over 100 non-essential drugs that drew the industry's ire in......

Divestment kitty: Govt eyes best first half in 7 years

Expects to raise Rs 9,300 crore from Indian Oil share sale on Monday Looking to garner Rs 9,300 crore (Rs 93 billion) from Indian Oil share sale on Monday, the government expects its disinvestment......

Rajiv Mehrishi's retirement to leave big shoes to fill

All eyes on North Block — who leads the Budget-making team for FY 2016-17? With Finance Secretary Rajiv Mehrishi expected to retire in August this year, civil servants in New Delhi and......