Why is the Govt. reviving a PSU?
The Hindu
At the recent India Maritime Week, the government announced that the state-owned Shipping Corporation (SCI) would buy more than 200 merchant ships of practically all types through joint ventures with respective stakeholders, mostly State-owned. This marks a remarkable turnaround in the fortunes of this mini-ratna that once truly occupied the commanding heights or rather the depths of Indian shipping but had fallen into prolonged decay and was on the verge of privatisation for some five years.
OpenAI plans to nearly double its workforce to 8,000 from 4,500 by the end of 2026, the Financial Times reported on Saturday, citing two people with knowledge
Global equity markets plummet as West Asia tensions rise and oil prices surge, triggering significant investor anxiety.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
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Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
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