Iran war may hit govt Rs 75K-cr dividend goal

New Delhi: A prolonged West Asia war could keep global commodity prices elevated and hurt the profitability of state-run firms, potentially weighing on the government's budgeted ₹75,000 crore dividend from central public sector enterprises (CPSEs) and other investments in this financial year, officials said.High oil prices could hurt state-run petroleum firms, which alone accounted for a third of the government's dividend collection of ₹78,438 crore from all CPSEs and other relevant entities las...