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Tuesday, February 3, 2026
TopicPublic sector units

Topic: Public sector units

Five debt defaults, two NPAs & 100% value erosion. MTNL barrels towards a major financial crisis

Since 2019, govt has pumped Rs 3.22 lakh crore into MTNL & BSNL. Both remain in losses. MTNL has begun to default on loans & bond payments, possibly the first large PSU to become NPA.

Only 8 PSUs’ disinvestment is complete out of 36 selected in 2016, govt tells Lok Sabha

In written reply, MoS Finance Bhagwat Karad listed status of every PSU that was selected. He explained why process has been halted in some, while others are caught in litigation.

On Camera

Why Rahul Gandhi wasn’t allowed to read an excerpt from General Naravane’s memoir

General MM Naravane’s memoir—Four Stars of Destiny—reveals that he was left hanging by political leadership for more than two hours as Chinese tanks drove towards Indian positions.

Trade deal with US likely to lift Rupee & stocks, say investors

New Delhi: India’s agreement with the US to buy $500 billion-worth of goods over five years includes an existing pipeline of projects, as well...

Adani Defence teams up with Italy’s Leonardo to tap India’s mega helicopter market

The partnership will focus on targeting the Indian Armed Forces' requirements, particularly for Leonardo's AW169M and AW109 TrekkerM helicopters.

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.