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
Updated on Feb 06, 2020 08:31 PM IST
Livemint, Mumbai | By Shayan Ghosh, Deborshi Chaki
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.
Updated on Sep 29, 2019 10:52 PM IST
Hindustan Times, New Delhi | By HT Correspondent
The BJP had fought on equal number of seats and won them all, while the third alliance partner, LJP, contested and won six seats.
Updated on May 24, 2019 07:41 AM IST
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.
Updated on Apr 30, 2019 02:54 PM IST
Hindustan Times. Patna | By Vijay Swaroop
The government needs cash after allocating 200 billion rupees toward the first installment of the $10.5 billion program by March 31.
Updated on Feb 18, 2019 07:15 PM IST
New Delhi | By Anirban Nag and Vrishti Beniwal
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.
Updated on Jan 07, 2019 07:31 PM IST
New Delhi | By Press Trust of India
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.
Updated on Mar 07, 2018 02:03 PM IST
Reuters, New Delhi | By HT Correspondent