BJP Congress Indian Subcontinent Industries Market Voice Women

SoniaGandhi reminds fuel prices highest in the last 73 years and asks Modi to stop profiteering

Amid a national outcry against the increasing prices of fuel, Congress president Sonia Gandhi on Thursday urged the Modi government to lower the excise duty on diesel and petrol.   News agency PTI reported that petrol price on Thursday went to an all-time high of Rs 84.20 per litre in the national capital after state-owned Read More…

Companies Indian Subcontinent Industries

Centre Govt demanded quarterly dividend payouts higher share of profits from CPSEs

As Indian economy staring at a revenue crunch, the government has asked rich state-owned firms [ CPSE – Central public sector enterprises]  to start paying dividends on a quarterly basis, even as it has demanded higher share from profits of all its companies.   Aiming for a ‘predictable and staggered’ dividend regime, the government has Read More…

Industries Protest

CAG exposes how Modi Govt fouled and converted Loss made Railway accounts 2018-19 in to Profit

In a report tabled in Parliament on Wednesday 23rd September, the Comptroller and Auditor General of India (CAG) has flagged the findings that the Indian Railways resorted to “window dressing” to show a surplus, instead of the loss incurred in the financial year 2018-19.   The Indian Railways have accounted an advance freight amount of Read More…

Companies High Court

Delhi High Court slashes part of 145% profit of COVID-19 test kits

A legal dispute in Delhi High Court between the distributor and importer of COVID-19 rapid test kits being shipped from China has unearthed massive 145% profiteering and over-pricing in kits sold to Indian Council of Medical Research (ICMR).   The Pricing Structure of SARS CoV-2 Antibody test kits: imported from China’s Wondfo : $3 ( Read More…