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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…

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…