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Sudesh Rai

Spend $30 billion on development

Amidst turbulence and the virus, some good news - oil at $45/ barrel. Recent $20 drop saves India $30 billion per annum. Also global interest rates have collapsed making money cheap. Let’s give inputs to Govt to figure out how to leverage these for policy to boost growth. more  

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Chander Gupta
Let us see what we save by the fall in the prices of Crude oil and what we loose because of decelerated growth and its effect on exports due to Corona Virus, reduction of prices of crude and various other factors . It is complex economic environment and let us not try to judge it by the prices of Crude only more  
Pammi Vishnumurty (retd it manager)
keep in reserve fund to counter future rise when it occurs. more  
SUBHASH PARAKH (Chartered Accountants)
Nothing to celebrate The fall is preplanned and temporary. Thereafter OPEC Mafia with Talibani Terrorists form a cartel and artificially increase crude prices and loot entire world. Thsi Mafia gang led by Saudis are teh worst enemies of 21st Century and they have only one point programme of looting entire world and involve in inhuman, characterless and terrorist activities. OPEC is nuisance for human civilisation and a close watch should be kept on its actions. more  
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