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Tuesday, April 28, 2026

Govt revives strategic sale of IDBI Bank after scrapping bids

The government has revived the strategic sale of its stake in IDBI Bank, along with LIC's holding, after previous bids were rejected. A fresh valuation is underway, with officials considering whether to re-engage existing bidders or restart the process to expedite the sale and maintain investor confidence.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lvQK7c5

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July GST collections up 15.4% to Rs 2.1 L cr on higher imports

Goods and Services Tax collections rose 15.4 percent to Rs 2,11,205 crore in July. This increase was largely due to a 29 percent jump in int...