UNCOVERED: Psu - Caught on Camera

SC asks CJ of Gujarat HC to register case to identify victims of 2022 industrial accident at pesticide plant

The Supreme Court has directed the Gujarat High Court to register a suo motu case. This action aims to identify victims of a 2022 industrial accident at Bharat Rasayan Ltd. Compensation funds are currently held by the apex court registry for disbursement. The National Green Tribunal previously imposed environmental compensation…

The Economic Times · Sep 16

'Devastated my life': how a junior officer paid the price for a search tactic now banned in Canberra jail

Officer was investigated a search technique the jail had been using for years.

The Canberra Times · Sep 6

Easier job posting for husband and wife at the same place? Railway Board explains spouse-posting rules for employees

The Railway Board has introduced updated regulations aimed at promoting family welfare by facilitating postings for employees with spouses. This initiative allows for couples working within the railways or related government sectors to be stationed together whenever possible. However, the availability of posts and administrative feasibility remain crucial factors influencing…

The Economic Times · Sep 3

Why a Rs 72,000 crore fund manager refuses to chase defence rally now

ICICI Prudential's Mittul Kalawadia advises caution on current market valuations. He notes that future growth is already factored into stock prices, limiting safety for new investments. Kalawadia highlights attractive opportunities in banking, select discretionary consumption, pharmaceuticals, and manufactured goods exporters. He also discusses the IT sector's potential disruption by AI…

The Economic Times · Jun 15

AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocks

Invesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing broad PSU rallies. He highlights smart money's movement towards large-cap financials and IT services, anticipating earnings growth driven by credit expansion and AI adoption.

The Economic Times · Jun 5

PSU bank stocks vs private banks in FY27: The valuation trap you need to avoid

PSU banks achieved historic profit and NPA lows in FY26, yet analysts favor leading private banks for FY27. This shift is driven by superior earnings compounding potential and a more attractive risk-reward profile amid intensifying deposit pressures and global uncertainty. While PSU banks' structural tailwinds have largely played out, private…

The Economic Times · Jun 1

Coal India dismisses shortage fears; says 168 MT buffer available to meet rising demand

Coal India has built a substantial buffer of 168 million tonnes to meet rising summer power demand. Stocks at power plants and mine heads are robust, ensuring adequate supply for domestic coal-based plants. This proactive measure addresses concerns about potential shortages. India's peak power demand has reached new highs due…

The Economic Times · May 26

8th Pay Commission: Why these 62,000 defence civilian employees want to retain their central government employee status

Over 62,000 defence civilian employees are hopeful of retaining their central government employee status following a cabinet secretary's assurance. This status offers job protection, better benefits, and pay revisions, including those from the 8th Pay Commission, compared to PSU employment. The government had previously assured this in court but a…

The Economic Times · May 22

Rs 1 cr retirement corpus not enough: PSU employee retiring after 35 years job breaks down before son seeking help

A PSU employee retiring with nearly Rs 1 crore faces family anxiety due to his history of financial mismanagement and falling victim to scams. Despite decades of hard work, the family is still repaying loans, prompting the son to seek advice on safeguarding the retirement corpus and ensuring stable income…

The Economic Times · May 19

'I quit Rs 19 LPA govt job': NIT engineer resigns from BPCL citing lack of basic facilities, long hours and toxic bosses

NIT Kurukshetra engineer Sourabh Mittal has left his BPCL job despite a reported ₹19 lakh annual package, drawing attention online amid growing discussions on PSU work conditions and job satisfaction. He claimed difficult working conditions, poor facilities, and high workplace pressure influenced his decision to resign. His story highlights increasing…

The Economic Times · May 19