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PSU Profit Boom Powers Fiscal Gains as Government Eyes Lower Deficit – EQ

In Short : India’s top PSUs posted strong profits in FY25, boosting government finances. Public sector banks saw record ₹1.78 lakh crore net profit, led by SBI. LIC earned ₹19,013 crore in Q4. WCL hit a record pre-tax profit of ₹4,375 crore. Dividend payouts surged, aiding a fiscal deficit of 4.8% of GDP, with plans […]

TNECL Invites Bids for 20 MW Rooftop Solar Installations on Government Buildings – EQ