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Govt to announce high-level banking for Viksit Bharat panel

Govt to announce high-level banking for Viksit Bharat panel

by AIP Online Bureau | Aug 17, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Union Finance Minister The Finance Minister said the Department of Financial Services (DFS) had worked on seven themes that would be important for taking the banking and financial sector forward. The themes of discussion are — banking for...
E20 alone not responsible for mileage changes; driving, maintenance also key factors: Govt

E20 alone not responsible for mileage changes; driving, maintenance also key factors: Govt

by AIP Online Bureau | Aug 16, 2026 | Eco/Invest/Demography, Indian News, Technology

The government’s latest clarification comes amid continuing concerns among motorists over the impact of 20 per cent ethanol-blended petrol on mileage, vehicle performance and compatibility. New Delhi:The government on Saturday said E20 petrol alone cannot be...
Govt kept investment bankers in dark on LIC’s unusually fast $3.3 billion OFS deal

Govt kept investment bankers in dark on LIC’s unusually fast $3.3 billion OFS deal

by AIP Online Bureau | Aug 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

Officials in the state divestment department kept the launch date a secret to prevent traders from taking positions ahead of the sale and pushing the stock lower before the government could sell its shares, according to people familiar with the matter. Even the banks...
Govt kept investment bankers in dark on LIC’s unusually fast $3.3 billion OFS deal

Government raises Rs 31,552 crore as LIC Offer for Sale closes with overwhelming investor response

by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation

“Offer for Sale in the Life Insurance Corporation of India (LIC) closed with an overwhelming response from both retail and institutional investors. The issue was oversubscribed on both days, and the Government exercised its entire green shoe option. With this,...
Govt advances small reactor plans, targets five nuclear units by 2033

Govt advances small reactor plans, targets five nuclear units by 2033

by AIP Online Bureau | Jul 22, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology

India, which is keen to expand its use of clean energy, last year opened its nuclear generation sector to domestic ​and foreign firms in the private sector. It aims to expand ​nuclear capacity to 100 GW by 2047 from about 8.8 GW at present. NEW DELHI: India said on...
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