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 …
Norway can realize a substantial reduction in carbon dioxide emissions in the fi shing fleet through changes to the current subsidy regime for fuel and emissions for fishing vessels.
Malaysia's vehicle sales are expected to dip 16.5 per cent in the second half of the year due to higher fuel costs and rising inflation, the Malaysian Automotive Association said Wednesday. The industry body said the bulk of the drop in auto sales will come from a 28 per cent …
By THOMAS L. FRIEDMAN What would happen if you cross-bred J. R. Ewing of "Dallas' and Carl Pope, the head of the Sierra Club? You'd get T. Boone Pickens. What would happen if you cross-bred Henry Ford and Yitzhak Rabin? You'd get Shai Agassi. And what would happen if you …
The Kisan Board Pakistan, Punjab Chapter President Khurshid Ahmed Kanju has announced a strong protest demonstration across the Punjab against the increase in fertiliser, diesel and electricity prices on August 7. According to a press release, the decision was taken during a meeting of the Kisan Board Pakistan held here …
Coping strategies: countries adjust to all-time-high oil prices Bangladesh increased fuel prices for the first time since April 2007. The government maintained subsidies on diesel and kerosene, used predominantly by the poor. Texan motorists, in search of cheap gas, crossed the border into Mexico, which subsidizes its fuel. Indian truckers …
Terry Macalister Oil companies at the centre of the tar sands revolution in Canada are facing a backlash from members of the ethical investment community determined to bring a halt to these operations for environmental reasons. A joint report from Co-operative Investments and the wildlife charity WWF released on Tuesday …
Liquefied petroleum gas (LPG) prices have been increased by Rs 3 to Rs 5 per kg, or Rs 30 to Rs 50 per 11.8 kg cylinder and Rs 115 to Rs 230 for 45.4 kg cylinder by local marketing companies. LPG Distributors Association Pakistan Chairman Abdul Hadi Khan said that …
2008-09 Losses Could Fall Rs 45,000 Cr Under Chaturvedi Panel-Mooted Structure Deepshikha Sikarwar & Rajeev Jayaswal NEW DELHI THE estimated loss figures of oil companies at Rs 2,45,000 crore for 2008-09
RBI sees dark clouds over Indian economy Bs Reporter / Mumbai July 29, 2008, 0:24 IST The Reserve Bank of India today painted a gloomy picture for the economy. A survey conducted by the central bank said India's gross domestic product (GDP) would grow 7.9 per cent this year against …
To understand why fuel prices in the United States have soared over the last year, it helps to talk to the captain of a battered wooden freighter in Indonesia. He pays just $2.30 a gallon for diesel, the same price Indonesian motorists pay for regular gasoline. His vessel burns diesel …
Diesel, A Transportation Fuel, Is Cheaper For Power Generation Than Traditionally Used Liquid Fuel Jaideep Mishra NEW DELHI THERE are reports of crippling shortages of electricity pan-India and rising dieselisation in tandem, to fuel power generation. It seems to point at a deficit in policy making. Note that cross-country trading …
The bad news for all potential car buyers is that the price of crude oil has now topped $147 a barrel, which means hikes in fuel prices is only a matter of time. The good news is that India leads the world in the growth rate of dollar millionaires. At …
B. Muralidhar Reddy Member nations to sign accord for launch of SDF Heads of state likely to hold bilateral meetings To sign pact for Afghanistan's entry into SAFTA COLOMBO: The process for the SAARC Summit, scheduled here on August 2 and 3 was set in motion on Sunday with the …
BS Reporter / New Delhi July 24, 2008, 15:24 IST The oil marketing companies have been overstating the deficit from sale of subsidised petroleum products, according to Planning Commission member B K Chaturvedi. He however declined to share the extent of this over-estimation. A committee headed by him has been …
BS Reporter / Mumbai July 25, 2008, 0:33 IST Says fuel price increase and subsequent rise in input prices pushed overall costs. Ratan Tata, chairman of Tata Motors said that rising costs of fuel and raw materials are the biggest worry for the automobile industry. Tata also warned of tough …
Rakteem Katakey / New Delhi July 24, 2008, 0:21 IST The sharp drop in crude oil prices, which fell by more than 13 per cent from the all-time high recorded a fortnight ago, is expected to trim the losses of government-owned oil marketing companies by Rs 15,000 crore in this …
V. Jayanth Calls for global partnership to save the poor; "Act immediately to boost agricultural output' CHENNAI: U.N. Secretary-General Ban Ki-moon has warned that the "double jeopardy' of high food and fuel prices threatened to undermine much of the progress made in achieving the Millennium Development Goals (MDGs). Critical challenges …
Abheek Barua / New Delhi July 21, 2008, 0:50 IST Some more write-downs in US banks could push oil prices back to over $140 in no time. The headline inflation rate for the week of July 5 released last Thursday printed at 11.91 per cent, a little over the 11.89 …
Bloomberg / Dallas July 21, 2008, 0:44 IST US fuel consumption fell 3 per cent in the first half of 2008, the biggest decline for the period in 17 years, as high prices and a slowing economy curbed demand, an oil industry report today showed. Deliveries of petroleum products declined …
The CNG station owners here have fleeced the consumers by Rs 4.75 billion since July 1, 2008, as the whole industry is in the state of disorder. Though the Oil and Gas Regulatory Authority (Ogra) had recommended to regulate the CNG tariff at Rs 43.25 per kg and to take …