Finance Ministry objects to BPCL divestment to IOC

Finance Ministry objects to BPCL divestment to IOC

The Narendra Modi government has a divestment target of Rs 1.05 lakh crore for the current fiscal and it wants to move fast in case of public sector undertakings (PSUs) such as BPCL. However, CNBC-TV18 has learnt that the finance ministry has raised objection on government’s stake sale to IOC

Vedanta expects a double-digit growth in India despite slowdown

Vedanta expects a double-digit growth in India despite slowdown

Bharat Goenka, CFO – Aluminium and Power, Vedanta, in an interview with CNBC-TV18, said despite the slowdown, there is hope that with monsoon behind us, the festive season ahead and the government’s $100 billion infrastructure thrust

Oil dips after three days of gains

Oil dips after three days of gains

Oil prices eased on Friday after three days of gains, with concerns about the state of the global economy amid the U.S.-China trade war keeping prices in check. U.S. oil fell 6 cents, or 0.1%, to $56.65 a barrel by 0050 GMT.

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