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TREND | 12 Jun 2024, 08:07AM

Top stocks to track today: Union Bank, Brightcom, BL Kashyap, Wipro, Quess

Business Standard

Stocks to Watch on Wednesday, June 12, 2024: Public sector bank UBI's board of directors has approved to raise funds up to Rs 10,000 crore

PSU

TREND | 11 Jun 2024, 11:17AM

Pak allocates Rs 3.79 trn for national development plan to boost growth

Business Standard

Pakistan has approved an ambitious national development plan worth Rs 3.79 trillion (USD 13.6 billion) for the next fiscal year as authorities in the cash-strapped country try to use expansionary public investment to boost growth. The decision, taken at the high-level meeting of the National Economic Council (NEC) on Monday, comes just two days before the unveiling of the budget 2024-25 on Wednesday. Prime Minister Shehbaz Sharif chaired the meeting while chief ministers of all four provinces participated in the four-hour-long meeting, the Dawn newspaper reported. The meeting approved a more than 47 per cent increase in the federal Public Sector Development Programme (PSDP) to Rs 1.4 trillion compared to the current year's Rs 950 billion. The Rs 1.4 trillion total federal PSDP would also include foreign financing of Rs 316 billion. The federal development programme goes up by 58 per cent or Rs 1.5 trillion if other Rs 100 billion public-private partnership (PPP) projects are...

PSU

TREND | 08 Jun 2024

Will PSU stocks continue to deliver?

Business Line

Tentative recovery post polls shows signs of mild investors' scepticism

PSU

TREND | 07 Jun 2024

Are fears and panic around PSUs overblown? Sandip Sabharwal answers

Economic Times

Ideally, they should not be able to because like you rightly said, it is more commoditised. In fact, you look at the reason why did HDFC merge into HDFC Bank, because they realised that the margins are going to get squeezed and if they do not have a low-cost deposit franchise which supports the margin squeeze, that will become tougher.So, many of these housing finance companies sustain higher margins to develop financing, loan against property, etc, which are higher margin, but then also carry higher risk.

PSU

TREND | 07 Jun 2024

NDTV Profit INVEST 2029: Analysts Foresee Steady Rise In PSU Stocks

NDTV Profit

Market analysts are bullish on PSU stocks, and expect sustained growth.

PSU

TREND | 05 Jun 2024

Lok Sabha Election Outcome May Hinder Execution Of Public Sector Bank Reforms: Analysts

NDTV Profit

Privatisation of IDBI Bank and potential privatisation of smaller PSU banks may be the most impacted, according to analysts.

PSU

TREND | 04 Jun 2024

Jitters on policy continuity for PSU stocks

Business Line

Within sectors, it was PSUs that witnessed the highest declines in the day

PSU stocks tank up to 15%

Business Line | 04 Jun 2024 4 more

PSU

TREND | 04 Jun 2024

We drew a lot of flak for not participating in PSUs and defence in a big way: Swarup Mohanty of Mirae Asset

Business Today

He says liquidity remains robust, and corrections are anticipated in stock prices due to selling pressures.

PSU

TREND | 03 Jun 2024

Finance Ministry to Push for Closure of Special National Investment Fund in First 125 Days

Business Today

The SNIF was established in 2013 to channel proceeds from the disinvestment of Central Public Sector Enterprises (CPSEs) into social schemes.

PSU

TREND | 31 May 2024

Wind Energy Gains Ground Where Solar Falls Short, Boosting Inox Wind And Suzlon Energy

NDTV Profit

Because PSUs and the Industrial sector's wind power projects require start to finish services, companies like Suzlon and Inox Wind stand to benefit as the only two listed turnkey EPC players.