the Cairn settlement, disinvestment target, LIC IPO, fertiliser subsidy and more. Edited excerpts

In the upcoming interim budget, the Centre is likely to set the disinvestment target for

After the government sought Parliament's nod for the second batch of the supplementary demand for grants that will hit the exchequer by Rs 2.99 trillion, doubts suddenly arose about the government's ability to meet the budget projections of reining in its fiscal deficit at 6.8 per cent of the gross domestic product( GDP), or Rs 15.06 trillion, for the current financial year. Till now, many were of the opinion that the government would succeed in checking the deficit at a much lower figure than w

Defence Minister Rajnath Singh will chair a meeting on Monday to review the divestment and privatisation of defence public sector undertakings( PSUs). The minister would be apprised of the progress made in the privatisation of BEML where the government is looking to sell 26 per cent of the 54 per cent it holds along with transfer of management control.... Based on the share price of the company, selling a 26 per cent stake to a strategic buyer could fetch the government around Rs 1, 440 crore.

The government will stick to the fiscal deficit target of 5.9 per cent of the GDP as robust tax

The Union government is looking to entrust some powers in its strategic disinvestment process to

through the disinvestment process, Minister of State for Finance Bhagwat K Karad said on Friday.He

Disinvestment-bound Shipping Corporation of India on Monday said it has opened the virtual data

disinvestment plans.At this stage, the disinvestment of BPCL, the Mumbai-based oil and gas producer, is

impact" on its ongoing disinvestment process due to the lawsuits filed by Cairn Energy and Devas