The government is evaluating all prospective candidates and a decision will be taken based on market conditions, the official said, adding that EoIs for the IDBI Bank disinvestment will also be invited soon.

Gross domestic product is estimated to rise 15.4% in the three months to June from a year ago, according to a Bloomberg survey of economists. That’s the fastest reading since the April-June quarter of 2021 and compares with a 4.09 expansion in the previous three months.

While there is no definite timeline for setting up of the fraud registry, payment system participants will also be provided access to this registry for near-real time fraud monitoring. The aggregated fraud data will be published to educate customers on emerging risks.

Planters of Darjeeling tea allege that several tea importers are passing on Nepalese tea as Darjeeling tea at much lower prices, causing huge losses to the tea estates in West Bengal's Darjeeling district. Some are also allegedly selling blends of the two teas as the world-famous Darjeeling variety.

The weighted average cut-off of the 10-year state debt also eased to 7.61 per cent at Monday's auctions from 7.66 per cent last week. Accordingly, the spread between the weighted average 10-year state debt and new 10-year G-secs yield mildly fell to 38 bps from 39 bps, Icra said.

Soaring prices of the staple grain for the country's 165 million people pose a problem for the government, which plans to expand cut-price rice sales to help people hard-hit by high costs.

Achieving the scale of exports and production will not only help the electronics sector to grow domestically, but also meet the goal of the government's 'Make in India for the World' programme and achieve the target of a trillion-dollar digital economy by 2025-26, the minister said at an event here., Minister of State for IT and Electronics, Rajeev Chandrasekhar said here on Monday.

In a representation to MSME minister Narayan Rane, the chamber said the sector is facing the problem of delayed realisation of their bills and receivables, particularly from their large corporate buyers and government organisations, for a long time.

The average share of the public sector in gross value addition for the ten years ending FY21 is 19.2 per cent but the share in wages is 39.2 per cent, India Ratings and Research said in an analysis based on gross value added (GVA) data released by the National Statistical Office.