[

dividend

]

Govt dividend may be used to raise LIC’s equity capital

In FY19, LIC generated a surplus of Rs 53,214.41 cr and paid Rs 2,611 cr as dividend to the government.LIC’s equity capital stands at Rs 100 crore, which needs to be increased in order to sell even a 10% stake
LIC employees stage a protest agains Centre's plan of stake sale in the insurer at its Mount Road office in Chennai(Photo: ANI)
LIC employees stage a protest agains Centre's plan of stake sale in the insurer at its Mount Road office in Chennai(Photo: ANI)
Updated on Feb 06, 2020 08:31 PM IST
Copy Link
Livemint, Mumbai | By Shayan Ghosh, Deborshi Chaki

Govt to seek Rs 30,000 crore interim dividend from Reserve Bank

Government finances have come under pressure due to moderation in revenue collection and a number of measures taken to lift growth from a six-year low of 5 per cent in the first quarter of the current fiscal.
Earlier too, the government has taken the route of seeking interim dividend from the RBI to balance its account.(FILE PHOTO.)
Earlier too, the government has taken the route of seeking interim dividend from the RBI to balance its account.(FILE PHOTO.)
Updated on Sep 29, 2019 10:52 PM IST
Copy Link
Hindustan Times, New Delhi | By HT Correspondent

Lok Sabha election results 2019: BJP, JD(U) reap rich dividends as grand coalition gets decimated

The BJP had fought on equal number of seats and won them all, while the third alliance partner, LJP, contested and won six seats.
The NDA’s victory on seats with 40 per cent, or even more, minority voters also drove indicate that the minority communities are not averse to the BJP and its allies in Bihar.(PTI)
The NDA’s victory on seats with 40 per cent, or even more, minority voters also drove indicate that the minority communities are not averse to the BJP and its allies in Bihar.(PTI)
Updated on May 24, 2019 07:41 AM IST
Copy Link
Hindustan Times, PATNA | By HT Correspondent

Lok Sabha elections 2019 |‘Modi’s popularity, Nitish’s work will pay us rich dividends’: Bhupendra Yadav

In assembly elections of 2015, opposition lapped up the reservation comment of RSS chief.
‘In the first three phases, we have gained seats in an unprecedented manner and it has given us reasons to believe that in the coming phases, we will be more comfortable. We will gain further. ‘ Bhupendra Yadav(HT Photo)
‘In the first three phases, we have gained seats in an unprecedented manner and it has given us reasons to believe that in the coming phases, we will be more comfortable. We will gain further. ‘ Bhupendra Yadav(HT Photo)
Updated on Apr 30, 2019 02:54 PM IST
Copy Link
Hindustan Times. Patna | By Vijay Swaroop

RBI to pay Rs 28,000 crore interim dividend to govt ahead of elections

The government needs cash after allocating 200 billion rupees toward the first installment of the $10.5 billion program by March 31.
The Reserve Bank of India headquarters in Fort, Mumbai. Photo by Aniruddha Chowdhury/Mint
The Reserve Bank of India headquarters in Fort, Mumbai. Photo by Aniruddha Chowdhury/Mint
Updated on Feb 18, 2019 07:15 PM IST
Copy Link
New Delhi | By Anirban Nag and Vrishti Beniwal

RBI to decide on interim dividend: Shaktikanta Das

The government has already said it will seek interim dividend from the RBI in order to maintain its fiscal deficit of 3.3 per cent of the GDP for 2018-19.
Shaktikanta Das, the Reserve Bank of India (RBI) governor, gestures as he attends a news conference in Mumbai on December 12.(REUTERS)
Shaktikanta Das, the Reserve Bank of India (RBI) governor, gestures as he attends a news conference in Mumbai on December 12.(REUTERS)
Updated on Jan 07, 2019 07:31 PM IST
Copy Link
New Delhi | By Press Trust of India

Govt expects additional dividend from RBI before March 31, says DEA secretary

Reports said that the Indian government expects to receive Rs 100 billion ($1.5 billion) as interim dividend from the Reserve Bank of India this month.
Subhash Chandra Garg, DEA secretary, said the government expects an additional dividend from the RBI by March 31.(Mohd Zakir/HT PHOTO)
Subhash Chandra Garg, DEA secretary, said the government expects an additional dividend from the RBI by March 31.(Mohd Zakir/HT PHOTO)
Updated on Mar 07, 2018 02:03 PM IST
Copy Link
Reuters, New Delhi | By HT Correspondent
SHARE
Story Saved
×
Saved Articles
My Reads
Sign out
New Delhi 0C
Sunday, October 17, 2021