Sunday, March 08
The Confederation of Indian Industry (CII) proposed a four-pronged strategy for faster and more predictable disinvestment in their Union Budget 2026-27 recommendations. They advocated for a demand-led approach, a three-year rolling privatization pipeline, a dedicated institutional mechanism, and calibrated disinvestment as an interim measure to unlock significant capital for development priorities.
This collapse is central to the scepticism voiced by oil companies. Restoring production on a meaningful scale is not a matter of restarting wells. It would require rebuilding pipelines, upgraders, refineries, power supply and skilled manpower, all of which demand long-term capital commitments.
India and the European Union are pushing to finalize their free trade agreement. Officials met in Brussels to review progress and resolve outstanding issues. Both sides have expressed strong political will to conclude the negotiations soon.
Stock market crash: Indian equities extended their slide to a fifth straight session on Friday as global trade worries and political uncertainty drove a broad selloff, several lakh crore in market cap.
Stock market today: The NSE Nifty fell 263.90 points, or 1.01 per cent, to end the session at 25,876.85. The 30-share BSE Sensex dropped 780.18 points, or 0.92 per cent, to close at 84,180.96, after hitting an intraday low of 84,110.10, down 851.04 points.
Stock market today: Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, crashed in trade on Thursday. While Nifty50 went below 25,950, BSE Sensex dropped over 650 points.
