Iran War Day 53 News: US–Iran war entered day 53 with tensions rising as a fragile ceasefire neared expiry and uncertainty surrounded possi...

The 56-pack BSE PSU index has seen its total market value soaring 66% to Rs 59.5 lakh crore, giving investors a profit of Rs 23.7 lakh cror...

Finance Minister Nirmala Sitharaman also told Parliament on Thursday that PSU banks are now able to work with professional integrity and wi...

The finance ministry informed the Parliament that profit or loss of a state-run company is not among the relevant criteria for its privatis...

According to the budget document presented in Parliament on Tuesday, Satluj Jal Vidyut Nigam -- the public sector undertaking (PSU) under t...

The Comptroller and Auditor General (CAG) Rajiv Mehrishi presented a report in Parliament which revealed that out of the 24 staterun public...

Since it is going to be a financial deal as per the LIC Act, the legislation would not require amendment, sources said.

Recapitalisation of state-run banks: The FM in his Budget announced to spend Rs 25,000 crore towards the recapitalization of banks.

However, the net cash outgo will aggregate to only Rs 25,495.24 crore, while the rest would be matched by savings and enhanced recoveries.

Meeting will also discuss issues relating to furnishing of timely information and replies by ministries and PSUs to the committees, a state...

Bad loans in public sector banks more than tripled to about Rs 2.17 lakh crore in three years to March 2014, government said in Parliament ...

Government has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT, Parliament was informed today.

To discuss suggestion put forth by National Manufacturing Competitiveness Council, govt held meetings with heads of various PSUs and secys ...

Salman Khurshid said PSUs are not timid but need to tread carefully while doing business abroad because they are accountable to Parliament.

In a move that could seal the fate of the government’s plan to revive loss-making public sector units with private partnership, the law min...

The Arjun Sengupta Committee recommendations on public sector autonomy will now have to seek a nod from the Parliament as it requires const...

Friday's meeting of the Cabinet Committee on Disinvestment promises to be packed with fireworks.