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Budget 2020-21 latest news

Budget 2020: IDBI Bank to be privatized post Govt exit

New Delhi: Finance Minister Nirmala Sitharaman said on Saturday the government would sell its entire stake in IDBI Bank to private players. After the announcement, shares of IDBI Bank surged over 12 per cent to Rs 38.25, gain of 4.20 per…

Rs 35,600 cr for nutrition related programmes: FM

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday allocated Rs 35,600 crores for nutrition related programs. While speaking in Parliament during the Budget session, she said that the Prime Minister's "Beti Bachao Beti…

Govt to list LIC on exchanges: FM

New Delhi: Government will reduce its stake in state life insurer LIC through an IPO, Finance Minister Nirmala Sitharaman said on Saturday. "Government will list LIC on the stock exchanges", she said in her Budget speech. This could…

Budget proposes Rs 8,000 crore boost for quantum tech

New Delhi: Giving a huge boost to adoption of emerging technologies, Finance Minister Nirmala Sitharaman on Saturday proposed to provide an outlay of Rs 8,000 crore for commercial application of quantum computing like in Blockchain over the…