PSUs are facing a lack of investment; difficult to record: Evaluators

Independent Network

Most of the decline in revenue over the past two months for the Nifty-50 score, according to KIE, comes from the government’s decision to impose new taxes.

Topics
tax | oil & gas | ONGC

Puneet Wadhwa |
New Delhi


of the the government’s decision to impose The excise duty on crude oil may be another disadvantage – the sentiment among public utilities (PSU), analysts say, is expected to reduce the shift in investment sentiment in this area. In contrast, the government’s plan to accelerate funding through initiatives is likely to anticipate the coming heat, they said.

READ: The government is looking for a full door with the help of the PSB Privatization Bill

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First published: Tuesday, July 05 2022. 13:07 IST

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