New Delhi, Oct. 23 -- The Central government is on track to exceed its estimates for miscellaneous capital receipts in FY26 to over Rs.50,000 crore, buoyed by a pipeline of offers for sale, strategic stake sales, and possible initial public offerings in state-run companies, two people aware of the matter said.
The long-awaited sale of the government's and Life Insurance Corporation of India's combined 94% stake in IDBI Bank is expected to be completed within the fiscal year, adding significant inflows to the government's revenue, the people said.
An initial public offering (IPO) of a public sector company in the natural resources space is expected, which could involve either a state-run enterprise or one of its subsidiaries, depending o...
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