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Government of India news

Government of India appears in 1 story we have published in October 2026, mostly in our Business coverage. It is most often reported alongside Fairfax Financial Holdings, IDBI Bank and Life Insurance Corporation of India.

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India approves ₹52,878 crore sale of IDBI Bank to Fairfax Financial Holdings

The Indian government has approved the sale of a 60.72% stake in IDBI Bank to Canada’s Fairfax Financial Holdings for ₹52,878 crore ($5.5 billion). The deal, pending regulatory approvals, marks the largest foreign investment in an Indian bank and a milestone in the country’s banking privatisation efforts.

25 October 2026

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