India plans to raise as much as $3. 3 billion by selling a stake in state-run Life Insurance Corp. , one of the country’s largest offer-for-sale transactions as the government seeks to bolster public finances amid challenges posed by high oil prices.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-03/india-seeks-to-raise-at-least-1-3-billion-in-lic-share-sale)