Wednesday, January 27, 2021

India likely to announce sale of IDBI Bank, stake in LIC: Sources

India likely to announce sale of IDBI Bank, stake in LIC: Sources Finance Minister Nirmala Sitharaman#39;s plans to divest government control of large companies such as Air India and Bharat Petroleum Corp Ltd failed to make much headway in the current fiscal year because of the pandemic.

from Moneycontrol Business News https://ift.tt/2NCVkCB

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Rupee ends weak at 90.19 against the dollar, bond yields rise

The Indian rupee weakened slightly on Tuesday, closing at 90.19 against the dollar. This dip followed news that Indian bonds will not be inc...