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 …
NEW DELHI: The Petroleum and Natural Gas Ministry on Wednesday said no final decision had been taken on fuel price revision and the Ministry would soon approach the Union Cabinet seeking its directions on the matter as under-recoveries had changed into over-recoveries for oil marketing companies (OMCs) in the case …
Saubhadra Chatterji & Rakteem Katakey / New Delhi November 19, 2008, 0:09 IST As the global crude prices have taken a substantial dip, the UPA government is set to slash the domestic fuel prices. But this price cut will take place only after the current Assembly polling is over on …
The Union government today filed a fresh affidavit in the Bombay High Court, which is hearing a dispute over supply of gas from Krishna Godavari (KG) basin, stating that any sale price less than $ 4.2 per mmBtu is not compatible with decisions taken by a ministerial panel. The affidavit …
Rakteem Katakey / New Delhi November 15, 2008, 0:19 IST After reporting losses in excess of Rs 12,000 crore in the July-September quarter, state-run refiners are likely to make marginal profits in the three months up to December 2008 as crude oil prices have plunged to 22-month lows of below …
The Organisation of Petroleum Exporting Countries is a dominant cartel consisting of producers with large reserves and it has always exercised its price-making power in the crude oil market. However, in the past few years, OPEC has been claiming that it has lost its power to alter crude oil prices. …
Pakistan reports more polio cases: Pakistan reported four polio cases just two days after the much-publicized anti-polio campaign concluded on October 16. Three polio victims are from Punjab and one from the North West Frontier Province. These cases take the number of children incapacitated by the disease this year to …
The real picture of the economy says, be grounded THE aviation industry in India has been hit directly by the rising fuel price and a slump economy. The Times of India reported there were 18.5 per cent fewer flyers this September compared to last September. It is obvious that all …
CHANDIGARH The empowered committee of state finance ministers has expressed unanimous indignation over the inexplicable delay in the reduction of petrol, diesel and LPG rates despite the substantial correction in international crude oil prices. West Bengal finance minister Ashim Dasgupta, who has been elected chairman for the committee
BS Reporters / New Delhi November 01, 2008, 0:27 IST State-owned oil marketing companies today cut aviation turbine fuel (ATF) prices by 16 per cent, while the government abolished the 5 per cent Customs duty on the fuel. This will help the airlines cut their fuel bill by another 3-4 …
Biofuels are being touted as a solution to rising fuel prices, growing energy demands, and the need to curb emissions of greenhouse gases. Governments have good reasons for promoting biofuels. Yet, a headlong rush into growing biofuel crops will bring its own problems. Unless planned properly, biofuel crops are likely …
Sujay Mehdudia NEW DELHI: Even as Petroleum and Natural Gas Minister Murli Deora on Thursday sought an increase in the quantum of oil bonds issued to oil marketing companies, the government seemed to be indecisive on re-visiting fuel prices despite the Indian basket averaging around $58.93 a barrel. Mr. Deora …
Net Profit: Rs1456 cr You would have imagined that with oil prices skyrocketing over the past few years, companies such as BPCL would do exceptionally well. That hasn
The recent cooling of oil prices to levels of $80 per barrel is perhaps getting oil marketing companies such as BPCL, HPCL and IOC excited. When the government worked out the
Deora hints at fuel price cut next week Govt awaits result of OPEC meeting scheduled today Aditi Tandon Tribune News Service New Delhi, October 23 Petroleum minister Murli Deora today hinted at the reduction of fuel prices within a week. Cornered by the Opposition and allies in the Lok Sabha …
The government has decided to cut prices of fuel oil by eight to ten percent, which is likely to come into effect sometime next week, according to energy ministry officials. A proposal will soon be sent to the chief adviser (CA) to the caretaker government seeking his approval for the …
BS Reporter / New Delhi October 22, 2008, 0:49 IST First supplementary demand for grants gets Lok Sabha nod. The Lok Sabha today approved the central government
Business Standard / New Delhi October 21, 2008, 0:18 IST With the price of the Indian basket of crude oil hovering around $63 a barrel, the possibility of a price cut is very much on the cards, especially now that election schedules have been announced for important states. While a …
