Facebook Pixel Parliament sharpens oversight on PSUs | Mint Mumbai - newspaper - Les denne historien på Magzter.com

Prøve GULL - Gratis

Parliament sharpens oversight on PSUs

Mint Mumbai

|

January 05, 2026

Parliament will significantly widen its scrutiny of central public sector enterprises (CPSEs) through the Committee on Public Undertakings (COPU) at a time the government is ramping up operations in strategic sectors such as nuclear energy and rare earths and opens sunrise sectors to greater private investments, said COPU chairperson Baijayant Panda in an interview.

- Gireesh Chandra Prasad

He said the 22-member panel will review about two dozen CPSEs in its term, compared to four in the last year of the previous Lok Sabha. The panel, comprising 15 Lok Sabha members and seven of Rajya Sabha, is reconstituted every year.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

DRONES TEST DUBAI REAL ESTATE RESILIENCE

The city-state’s realty market tore into 2026 on a four-year boom—until Iran’s drones and missiles iced it

time to read

8 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

JSW Steel raises capacity target sharply amid strong FY26 show

Sajjan Jindal-led JSW Steel plans to nearly double its capacity to about 80 million tonnes per annum (mtpa) by 2031 through aggressive brownfield expansion and joint ventures, positioning India’s largest steelmaker among the world’s biggest producers.

time to read

2 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

Air India’s FY26 loss nears $3 billion amid headwinds

Air India posted an estimated loss of nearly $3 billion in FY26, as foreign exchange losses, airspace disruptions and elevated fuel costs battered the Tata Group-owned airline during the year.

time to read

3 mins

May 15, 2026

Mint Mumbai

Bond yield surge dents PSU banks’ non-core income

Rising government bond yields hit banks’ treasury income in the March quarter (Q4FY26), dragging down non-core earnings, especially at public sector lenders. Analysts now expect the pressure to intensify in the June quarter after an oil-driven spike in bond yields following the West Asia conflict.

time to read

3 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

FMCG firms begin hiking prices as war hits input costs

Consumer goods makers are raising prices and bracing for weaker demand as commodity inflation spreads across fuel, packaging and food inputs.

time to read

3 mins

May 15, 2026

Mint Mumbai

Oil calm as Trump, Xi meet amid strife

Fresh attacks on vessels in Gulf underscore fragility of ceasefire

time to read

3 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

Big tech’s fat profits conceal unsettling cashflows

A chart is haunting Silicon Valley. The profits of big cloud-computing firms (Amazon, Google, Meta, Microsoft and Oracle) are rising inexorably. Yet the amount of cashflow they generate after capital spending is falling. Sketched together, these soaring profits and diving free cashflows, which until recently rose in unison, resemble the gasps of the world’s investors.

time to read

4 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

Cement firms turn defensive as war shock spikes costs

Cement makers are responding with fuel substitution, long-term sourcing contracts

time to read

3 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

Tata Motors PV revenue dips

The firm posted its first annual revenue decline in five years and a FY26 operating loss, hurt by JLR headwinds

time to read

3 mins

May 15, 2026

Mint Mumbai

ASK launches ₹2,500-cr 2nd pvt credit fund

ASK Alternates, part of the Blackstone-backed ASK Asset & Wealth Management Group, launched its second private credit fund with a target corpus of ₹2,500 crore, including a ₹1,500 crore green-shoe option, a top executive at the company said.

time to read

1 min

May 15, 2026

Listen

Translate

Share

-
+

Change font size