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Finance Dictionary

Learn a new finance word everyday and stay connected with the world of finance

Word Of The Day

Public Sector Undertaking

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Public Sector Undertaking

A Public Sector Undertaking (PSU) is a government-owned company or corporation where the government, whether central or state, holds a majority stake (typically 51% or more). These enterprises are established to perform commercial activities on behalf of the government and play a key role in economic development, particularly in strategic and crucial sectors like energy, infrastructure, and natural resources. PSUs in India are more than just business entities; they serve as tools for achievin...

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Public Sector Undertaking

Public Sector Undertaking

A Public Sector Undertaking (PSU) is a government-owned company or corporation where the government, whether central or state, holds a majority stake (typically 51% or more). These enterprises are established to perform commercial activities on be...

Read More