Petrol, diesel should be cheaper, but they are not!

Petrol, diesel should be cheaper, but they are not!

Fuel prices in India remain stubborn despite a massive slump in global crude oil rates in recent months. Ideally, this drop in international oil prices should reflect in cheaper petrol and diesel back home – but that’s not happening.

PSU returns fell 50% in the past decade; 44 new entities created

PSU returns fell 50% in the past decade; 44 new entities created

Government companies have earned only 14 paise on the investment of Re 1 in the financial year 2018, almost half of the return received in 2009. The analysis of the rate of return on capital employed (ROCE) shows that government companies have lost almost fifty per cent of their efficiency in the last ten years.