Public sector oil companies are losing about Rs. 180 crores per day thanks to the high oil prices – or to be more accurate – because they are forced to have price caps by the petroleum ministry. The Hon. Petroleum Minister, Mr. Murli Deora has put his creative thinking cap on and come out with a brilliant solution – issue a Rs. 19000 crores oil bond to fund the PSUs!

The reported total amount of funds that the Chinese state agency plans to invest varies between $200 billion and $400 billion. If we assume that they will invest about $300 billion, combined with a 1:1 leverage, they would have a whopping $600 billion at their disposal for investment. Some of the other instances of sovereign wealth funds (SWF) -

Norway - $300 billion

Abu Dhabi - $875 billion