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 …
The prices of petrol and diesel have been reduced twice since Raghaw Sharan Pandey took over as secretary in the ministry of petroleum and natural gas. In conversation with Yeshi Seli, he points out that, ideally, the retail prices of petrol and diesel should be linked with the price of …
Demand market rate for power after agreeing to a lower rate SUGAR cooperatives of Maharashtra that have set up power plants that use sugarcane waste as fuel, are trying to wriggle out of their commitment to supply power at lower rates to the state-owned power distribution company, Mahara- shtra State …
With reserves of natural gas already diminishing at drilling sites like this one near Kingsville, Tex., more utilities are switching to that fuel, which could mean higher home heating prices. WASHINGTON
Slumbering in Indonesia is the world's biggest geothermal energy potential. Improved promotion policy and high fuel prices might help it to make a breakthrough.
Using paraffin (kerosene) for cooking, heating or lighting is strongly associated with poverty in South Africa. In addition, many regard it to be the most dangerous form of household energy because of the high profile given to the unacceptably high number of harmful paraffin related domestic incidents that have taken …
AS ECONOMIC GROWTH SAGS TO LEV-els unprecedented in recent years across the world, India has had some cause for joy from the southward-bound global crude oil prices. From a high of $147 a barrel as late as July 2008, oil prices shaved-off more than 70 per cent to skirt around …
Global Economic Prospects 2009: Commodities at the Crossroads analyzes the implications of the crisis for low-and middle-income countries, including an in-depth look at long-term prospects for global commodity markets and the policies of both commodity producing and consuming nations. Developing countries face sharply higher borrowing costs and reduced access to …
Black Gold has lost its sheen, and how! Today, the cost of a litre of petrol or diesel for Indian oil majors is less than the price of the bottle of packaged water that you buy. Back-of-the-envelope calculations show that a litre of petrol costs about Rs 11 and diesel …
SP Demand In LS Meets With All-Round Approval TIMES NEWS NETWORK New Delhi: The brief adjournment of Lok Sabha on Friday afternoon, forced by Samajwadi Party MPs, was not in itself unexceptional but their demand
SP Demand In LS Meets With All-Round Approval New Delhi: The brief adjournment of Lok Sabha on Friday afternoon, forced by Samajwadi Party MPs, was not in itself unexceptional but their demand
Dec. 19: Indian petroleum minister Murli Deora is attending an international oil summit in London at which British Prime Minister Gordon brown warned that volatility in oil prices could cost the global economy, which is already reeling under a devastating credit crunch, trillions of dollars. The conference, chaired by UK
BS Reporters / Mumbai/delhi December 12, 2008, 0:17 IST Withdraws affidavit, but says it will 'assist' the court. The government today withdrew its affidavit that had made it a party to a natural gas sale dispute being fought by the warring Ambani brothers in the Bombay High Court, saying it …
Paris, Dec. 11: The International Energy Agency (IEA) on Thursday said it expected global oil demand to fall this year for the first time since 1983 as the world economic slowdown bites. "Global oil demand is now expected to contract in 2008 for the first time since 1983, shrinking by …
Dec. 5: The government on Friday announced a reduction in the price of petrol by Rs 5 a litre and in diesel by Rs 2 a litre, to be effective from midnight Friday-Saturday, as the international price of crude hit a four-year low. There will be no reduction in kerosene …
The government today cut prices of petrol by 10 per cent and diesel by 6 per cent, effective midnight, a day before the government and the Reserve Bank of India (RBI) are expected to announce a coordinate economic stimulus package combining infrastructure investment, excise breaks and key lending rate cuts. …
Sustainable energy and energy efficiency have soared up the world's political agenda. And the money has followed: in 2007, new investment reached $148.4 billion worldwide, up nearly five-fold from $33.4 billion in 2004. The credit crisis, which has rocked the world
The urban poor are particularly vulnerable in times of crisis due to their heavy reliance on the cash economy, job losses and wage reductions in urban based industries, and no agricultural production to fallback on. Prioritizing investments in cities can help to mitigate impacts in the short run and reduce …
Sumita Kale / New Delhi November 28, 2008, 0:00 IST The fine demand-supply balance suggests it will and falling Saudi output doesn't help either. Now that crude oil prices are down to $50 a barrel from the stratospheric highs of 140 just four months back, a research paper titled
