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PSE disinvestment: SC reserves judgment NEW DELHI, SEPT. 5.The Supreme Court on Friday reserved its verdict on two writ petitions challenging the Centre's proposal to disinvest its shares in the two oil major public sector enterprises Hindustan Petroleum Corporation Ltd. and ... NFL sale: Tata Chem opts out of race NEW DELHI, SEPT. 5. With Tata Chemicals opting out of the race, the Birla group promoted Zuari-Chambal Fertilisers today emerged as a major contender for the Government's stake in National Fertilisers (NFL). Zuari group officials confirmed that ... Govt. to prepay $3b in foreign debt NEW DELHI, SEPT. 5. Following up on the practice started last fiscal, the Central Government is planning to prepay foreign debt worth over $3 billion this fiscal. "The prepayment will be much more than what we did last fiscal," the Union Finance ... NTPC recovers Rs. 11,503 cr. from SEBs NEW DELHI, SEPT. 5. The National Thermal Power Corporation (NTPC) has finally been able to recover Rs. 11,503 crores outstanding from many State Electricity Boards (SEBs) and is expecting to receive the balance Rs. 5,862 crores by the end of this ... FINANCIAL SCENE Global macroeconomic imbalances: a threat to recovery The U.S. and certain other advanced economies have huge current account deficits while India's is positive for now. Correcting the imbalance is going to be a complex task in an increasingly globalised environment. Other Stories
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