Tag: Diesel
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Fuel Prices and its illeffects
Everyone is up in arms with the back to back hike in fuel prices. To be precise, the Petrol prices. India is among large importers of crude oil and price of which is so volatile. All Oil PSUs in India are running into losses because of the various subsidies given by the government for all…
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Petrol pricing shouldnt be free
If this had happened, the petrol price would have set us back by INR 90 for a liter when the crude oil touched $150 per barrel. In India, Petrol and Diesel prices are subsidized so that common man can affort it. But a free market will mean boom for petrol companies than for the Common…