Fuel Pricing

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

Fair weather or foul? the macroeconomic effects of El Niño

With El Nino’ s return , the farmers and policy makers in Asia are bracing for prolonged droughts and crop destruction that would push up food prices in the region says this IMF working paper This paper employs a dynamic multi-country framework to analyze the international macroeconomic transmission of El …

Question raised in Lok Sabha on gas pricing, 27/04/2015

Question raised in Lok Sabha on gas pricing, 27/04/2015 - - Question by Shri Anoop Mishra and answered by Minister of State (I/C) in the Ministry of Petroleum and Natural Gas, Shri Dharmendra Pradhan.

Estimating the size of external effects of energy subsidies in transport and agriculture

It is widely accepted that the costs of underpricing energy are large, whether in advanced or developing countries. This paper explores how large these costs can be by focussing on the size of the external effects that energy subsidies in particular generate in two important sectors—transport and agriculture—in two countries …

Asian development outlook 2015: financing Asia’s future growth

The annual Asian Development Outlook provides a comprehensive analysis of economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Steady growth in the region is sustained by economic reform at home, …

Fossil fuel subsidies: approaches and valuation

Numbers ranging from half a trillion to two trillion dollars have been cited in recent years for global subsidies for fossil fuels. How are these figures calculated and why are they so different? The most commonly used methods for measuring subsidies are the price-gap approach—quantifying the gap between free-market reference …

Fuelling Britain’s future

This report assesses the economic costs and benefits of decarbonising passenger cars and vans in the UK. A scenario approach has been developed to assess a range of possible futures for vehicle technology in the UK, and then economic modelling has been applied to assess impacts. The study is based …

Falling oil prices not all that bad for environment: Climate experts

The sharp fall in oil prices has boosted sales of fuel-guzzling SUVs and in some cases eased pressure to improve public transport, but some climate experts also see a positive side as cheap crude has made exploration of new oil reserves in challenging regions non-viable. The Intergovernmental Panel for Climate …

Obama's full State Of The Union speech

President Barack Obama delivered the 2015 State of the Union speech on Tuesday in front of a joint session of Congress, laying out his policy vision for the next year.

Rally to promote cycle-friendly roads

Pressing on the need to create cycle-friendly roads and lifting of restriction on cycles on city roads, 300 cyclists from different walks of life participated in a cycle rally here on Sunday. Organised by Cycle Samaj and SwitchON, a travel exhibition was launched at the rally, which displayed alternative sustainable …

Crude Realities: All the oil producers and all the climate change men are trying to pull up tumbling crude oil barrels again

Historically, the geopolitical tensions in any crude oil producing nation always cause tremors bringing the crude oil barrels tumbling down, and prices much higher. However the aftermath of Russian invasion on Ukraine did not trigger a price spike. Contrary to the fears of policymakers, oil traders who were speculating price …

Global economic prospects 2015

Global growth again disappointed in 2014 but a lackluster recovery is underway, with increasingly divergent prospects in major economies. Looking ahead, growth is expected to rise slowly, supported by continued recovery in high-income countries and receding domestic headwinds in developing economies. Weak global trade growth and lower commodity prices are …

Developing Countries Need To Rebuild Fiscal Space to Weather Growth Slowdowns, Says a New Report by the World Bank Group

TON, January 7, 2015 – Faced with weaker export prospects, an impending rise in global interest rates, and fragile financial market sentiment, developing countries need to rebuild fiscal buffers to support economic activity in case of a growth slowdown, says the new edition of Global Economic Prospects, released today by …

Lifting the darkness on the price of light: assessing the effect of fuel subsidies in the off-grid lighting market

Global subsidies to the energy sector are US$2 trillion per year. This study explores how subsidies can impede the entry of efficient lighting technologies into off-grid markets. The issue of fuel subsidies is key to understanding the dynamics of the off-grid lighting market. This study synthesizes and analyses existing information …

Agenda for a reformed power sector in India: risk, resource, relay, and restructuring

The Indian power sector is remarkably characterised as one where electricity availability has always lagged behind demand. India still has close to 75 million households (almost 45% of all rural households) with no access to electricity, but the existing system is stumbling in its efforts to even cater to the …

Fuel’s errand

WHEN Joko Widodo, Indonesia’s president, who is generally known as Jokowi, announced that petrol and diesel prices would rise by 2,000 rupiah ($0.16) per litre on November 18th, Hajji Zaenal and the world’s financial markets had opposite reactions. Mr Zaenal, who fishes for tuna and bonefish off the coast of …

The Emissions gap report 2014

The analysis calculates an emissions gap relative to expected emission levels in 2030, in recognition of the growing focus that action beyond 2020 is gaining in international climate change negotiations. Not least, the report provides an assessment of the carbon budget that is consistent with the 2° Celsius temperature target.

The Asian quest for LNG in a globalising market

Global gas markets may be at the threshold of a new age. An unprecedented gap between regional gas prices has triggered fundamental changes for future global gas market dynamics. This price gap comes at a time when the industry is expanding liquefied natural gas (LNG) export capacity by one-third, with …

Accessibility in cities: transport and urban form

This paper focusses on one central aspect of urban development: transport and urban form and how the two shape the provision of access to people, goods and services, and information in cities. The more efficient this access, the greater the economic benefits through economies of scale, agglomeration effects and networking …

World Economic Outlook has some cheer, some woes

New Delhi : Investment and exports will let the Indian economy post a rather smart recovery, the International Monetary Fund said in its latest World Economic Outlook report on Tuesday, predicting an expansion of 5.6% in 2014 and a significantly higher 6.4% in 2015. It also advised India to embark …

Indian petroleum and natural gas statistics 2013-14

The “Indian Petroleum & Natural Gas Statistics” presents comprehensive statistics on various aspects of Indian Petroleum & Natural Gas Industries. The data on international developments in respect of the important segment of Petroleum and Natural Gas Industries have also been presented in the publication. The Statistics presented in the current …

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