Thursday, 11 August, 2022
TopicPSU

Topic: PSU

Private banks lending more than PSU banks as Indian economy recovers from Covid

Most recent data shows India’s top 3 private banks lent nearly 3 times the average industry rate in the quarter of March, while maintaining better asset quality than their state peers.

In Dadasaheb Phalke award for Rajinikanth, BJP awarding itself some Tamil Nadu

ThePrint view on the most important issues, instantly.

Govt committed to privatising all PSUs except bare minimum in 4 strategic sectors — PM Modi

Speaking at a webinar, Modi said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the govt has 'no business to be in business'.

How PSU’s market cap fell by 36% in 6 years under Modi govt, while stock market doubled theirs

In episode 605 of #CutTheClutter, Shekhar Gupta parses numbers to highlight how public sector firms and banks lost Rs 6.9 lakh crore in value in 6 years.

Ministries, public sector banks to stop physical printing of calendars & diaries

The decision has been taken given as using technological innovations for planning, scheduling & forecasting is known to be economical, efficient and effective, an official memo said.

Modi govt has run out of excuses to delay disinvestment — even stock market is ready

Modi government is unlikely to earn the money it had hoped to this year due to Covid. The last thing it needs is slowing down on Rs 2.1 lakh crore disinvestment plan.

This govt wanted smart cities but is now regularising illegal colonies for votes

ThePrint view on the most important issues, instantly.

On Manmohan Singh’s birthday, 4 reforms from his 1991 roadmap that changed India

Former PM and renowned economist Manmohan Singh put India on the highway to growth with his 1991 budget.

Modi govt likely to give up direct control of ONGC, IOC, GAIL, NTPC

An official said the govt identified the biggest energy companies as probable candidates for cutting its direct holding to below 51%.

On Camera

YourTurn

File photo of Sterlite copper unit at Tuticorin in Tamil Nadu | By special arrangement

Shut since 2018 violence, TN Sterlite plant’s closure cost economy Rs 14,749 cr, says study

Copper plant in Thoothukudi was closed after protests turned violent & police firing left 13 people dead. Job losses one of major impacts, says study by NGO CUTS International.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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