India plans to sell stakes in eight state firms, including LIC, to raise billions after an oil price shock hit its budget and economy.

India's government secured a significant $2 billion from stake sales in state-run companies last quarter, a rare positive for the subdued capital market. This substantial…

India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc…