NEW DELHI/MUMBAI: India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said.

Equity benchmarks Sensex and Nifty advanced their record-setting spree in early trade on Friday, ahead of the RBI monetary policy outcome.

The Economic Survey for 2020-21 has suggested that the government should come up with more fiscal measure for short term support to the economy and businesses.