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Top headlines: Govt asks CPSEs for larger share, economy on revival path

From Centre asking CPSEs to pay dividends on quarterly basis to RBI policymakers sparring over high inflation forecast, Business Standard brings you the top headlines of the day

Second CPSE ETF to be more diversified
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All state-owned firms should consider paying at least 90 per cent of the projected annual dividend, in one or more installments as interim dividend, according to DIPAM.

BS Web Team New Delhi
Govt asks CPSEs for quarterly dividend payouts, higher share of profits

Staring at a revenue crunch, the government has asked rich state-owned firms to start paying dividends on a quarterly basis, even as it has demanded higher share from profits of all its companies. Aiming for a ‘predictable and staggered’ dividend regime, the government has further told state-owned firms not to go by the rule book and pay the bare minimum dividend, but to work on increasing payouts. Read More...

India's economy is reviving and festive season's online sales show it

India’s main holiday season -- culminating Saturday