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 …
What on earth are they thinking? In the midst of an almost unprecedented and continuous increase in the price of necessities, which is increasingly translating into generalised inflation, the United Progressive Alliance (UPA) government has chosen to “free” the price of petroleum products, to bring them in line with international …
Chanchal Pal Chauhan NEW DELHI DEMAND for petrol-driven cars has seen a sudden spike just when most carmakers have been ramping up their diesel engine capacity to meet huge demand that led to more than six months’ waiting period for the diesel versions of popular cars such as Maruti Swift …
To ensure energy security, we need a time-bound action plan to substitute petrol and diesel with gas and this will have a salutary effect on global crude prices, says R S Pandey SHOULD the prices of petrol and diesel be freed? This is a tough call for decision makers, though …
FUEL will become costlier on Friday. The empowered group on ministers (EGoM) on fuel pricing is expected to clear the proposal for a revision in the prices of petro goods at its meeting scheduled on June 25. While the price of petrol is expected to be hiked in a phased …
New Delhi/Mumbai: Autorickshaw and taxi fares went up in Delhi on Tuesday while Mumbai restricted itself to an auto fare hike, leaving taxi drivers threatening a strike if fares were not increased in a day or two. According to new rates in effect from Wednesday, auto commuters in Delhi will …
Gargi Parsai NEW DELHI: It is the availability of adequate foodgrains to meet the mandatory requirements under the proposed National Food Security Bill that worries the government, not the enhanced subsidy such a move would entail. From what the government is planning it appears that the subsidies on petroleum products …
At its next meeting, the Empowered Group of Ministers plans to raise the price of petrol by Rs 3 a litre despite the position taken by UPA partners Trinamool Congress, DMK and NCP. But the panel will seek their consensus on raising the price of diesel by Re 1 a …
Auto fares hiked in Delhi, Mumbai MUMBAI: Over 80,000 taxis and a lakh autorickshaws in Mumbai on Tuesday went off the roads after a strike by drivers demanding hike in fares. The recent increase in the prices of CNG has prompted auto and taxi drivers to demand hike in fares. …
Min Fare Rs 20, Buses Spared New Delhi: Public transport in the city will become quite expensive, with Delhi government set to hike auto and taxi fares by about 40% from Wednesday, following a hike in CNG prices. A formal announcement is likely to be made on Tuesday. Bus fares, …
Hyderabad, June 8: The gas-based industries in the state will stand to benefit from the Petroleum and Natural Gas Regulatory Board (PNGRB) ruling that is in favour of differential rates for gas based on their location. The PNGRB, which met in New Delhi on Tuesday, issued interim orders allowing lower …
New Delhi: The ministerial panel on fuels under finance minister Pranab Mukherjee deferred a decision on either allowing oilmarketing companies to set pump prices in tune with international trend or simply raise petrol and diesel prices to reduce losses of state-run companies, ostensibly because key members could not attend the …
Govt Unlikely To Free Up Fuel Pricing Regime New Delhi: Faced with opposition from key allies, the ministerial panel on fuels is unlikely to free up the motor fuel pricing regime when it meets on Monday but is almost certain to go for a marginal increase in prices of petrol …
Revised CNG Rate 58% Less Than Petrol Price New Delhi: Even after the CNG price goes up by Rs 5.60/kg from June 8, the cost benefit of the green fuel against petrol and diesel will not come down substantially and will push up the per km running cost of various …
EGoM To Take Call On Monday PETROL and diesel prices could rise by up to Rs 3 a litre next week as per a key proposal favouring free auto-fuel rates that awaits the approval of a panel of ministers meeting on Monday. If the empowered group of ministers (EGoM) passes …
In a significant development, the government has given national oil companies, Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), freedom to price any additional natural gas produced from blocks given to them on nomination basis at market rates. So far, all gas
Says Report Ignores Subsidies Offered By Developed Nations New Delhi: India is expected to stand firm on its fuel subsidy regime at the meeting of G20 finance ministers at Busan in South Korea on Friday and tear into a report prepared for the grouping, blaming government dole for encouraging inefficient …
