 "News digest: Jaitley slams Sinha, GE diesel locomotive plant, and more")
Govt asks PSUs to step up capex, dividends
The government on Thursday nudged state-owned companies to spend an additional Rs 25,000 crore as capital expenditure this fiscal year, above the budgeted combined capital spending target of Rs 3.85 lakh crore for the Centre and public sector undertakings (PSUs). Read More
Little headroom for PSUs to invest
The government’s move to take the public sector route to kick-start the capex cycle in the economy may not yield the desired results, analysts say. That’s because of the poor finances of non-oil PSUs and excess
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