IL&FS failed to service principal and interest on loans from banks, inter-corporate deposit and commercial papers totalling 33.9 crore rupees due for the period from Sept 30 to Oct 4
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
Unless my readings from balance sheet and Internet are wrong, I fail to understand why :
(i) – India pays government and private refiners a refining margin of USD 12 / barrel – when
(ii) – International refining margins are USD 6 /barrel
(iii) – this USD 6/barrel works out to an additional Rs 3 plus per liter of fuel (petrol or diesel) for the consumer
The government has already lowered corporate taxes for corporates. Why does it persist in transfer pricing from a large unorganized majority – the consumer – to a well oiled corporate propaganda and election machine
Unless my readings from balance sheet and Internet are wrong, I fail to understand why :
(i) – India pays government and private refiners a refining margin of USD 12 / barrel – when
(ii) – International refining margins are USD 6 /barrel
(iii) – this USD 6/barrel works out to an additional Rs 3 plus per liter of fuel (petrol or diesel) for the consumer
The government has already lowered corporate taxes for corporates. Why does it persist in transfer pricing from a large unorganized majority – the consumer – to a well oiled corporate propaganda and election machine