The Indian government is planning initial public offerings of five public sector undertakings or PSUs in the stock markets, an effort that was dropped at the last moment when the stock markets plunged due to the global financial meltdown, reported the Economic Times.
Disinvestment secretary Rahul Khullar reportedly said that the new government would take a decision on the IPO in May-June, while all preparations have been made. Last year, the government gave its nod for twelve PSUs to go public and by the time steps were taken to disinvest, the markets had already plunged.
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December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.