NEWS

The Pandemic of Corporatisation: Remember, Ordnance Factories Are Not For Profit!

Finance Minister Nirmala Sitharaman, while making various announcements in the name of COVID-19 Relief Package, informed on 16/05/2020, that the…

Nirmala Sitharaman: Govt to go ahead with divestment of 23 PSUs cleared by Cabinet

The government is working on completing the stake sale process of about 23 public sector companies whose divestment has already…

All India Defence Employees Federation calls for Militant Protest on September 23

Dear comrades, We are forwarding herewith *AIDEF Special Circular no. 221 dated 16th of September, 2020* on the following subject :-…

Coal Ministry plans single window clearance system

India’s coal ministry is planning a single window clearance process for faster online application processing for various clearances including environmental…

PSUs Nation Builders or Wealth Destroyers, negative comments by Finance Experts sparks a Big Debate

State-run enterprises have been the biggest wealth destructors in the last six years despite operating in monopolistic or oligopolistic setups,…

MTNL’s loss narrows in last quarter of 2019-20

State-owned telecom firm MTNL reported narrowing of its standalone loss to Rs. 623.63 crore for the fourth quarter ended March…

EXCLUSIVE: Private Sector Made ATAGS Barrel Burst in Pokhran Raises Questions!

In an alarming incident, which took place in Pokhran Field Firing Range on the India-Pakistan International Border in Jaisalmer on…

PM to discuss vision, roadmap for Banks, NBFCs with all stakeholders this evening

Prime Minister Narendra Modi will today join stakeholders from Banks and NBFCs to discuss and deliberate on vision and roadmap for…

Finance Ministry says strategic disinvestment in 8 out of 34 PSUs completed

In a question from DMK M.P. P Veluswamy in the Lok Sabha, Minister of State for Finance, Anurag Thakur, on…

Even during COVID 19, Railways pulls Freight traffic ahead of last year’s level

On mission mode, Indian Railways achieved a significant milestone of pulling freight traffic ahead of last year’s level inspite of…