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 …
As fuel and feedstock prices continue to rise, government entities continue to analyze the cause. The RFA (Renewable Fuels Association) points out there are a series of dynamic factors such as the rising energy cost, the falling dollar, weather-related crop failures, increase world demand and chanding diets in developing worlds …
fuel price India fails to shield consumers A pressed Indian government raised petrol and diesel prices by 10 per cent on June 4, curbing losses to its state-owned refiners but stoking inflation and risking a political backlash. Petrol and diesel prices are now dearer by Rs 5 and Rs 3 …
Why the Saudis are worried about the high price of crude WITH oil prices nudging $140 a barrel, Saudi Arabia stands to receive a windfall this year of up to $400 billion, double what it earned from selling oil last year. Gloom at the world's petrol pumps, it may be …
It is a hard blow that will not land softly. As the Manmohan Singh government braces for the June 5 fuel shock to reflect more fully in this Friday's inflation figures, even a good monsoon may not quite rescue it from the political quagmire of high food prices and rising …
The spiralling fuel prices in the international market have hit European fishing fleets. Angered fishers are blockading ports in several countries. France and Scotland have initiated a negotiation with the eu for permission to give subsidies or release cash-aid for their ailing fishing sectors. To maintain a level commercial playing …
Pakistan introduces daylight saving time to battle power shortage: In a bid to reduce load shedding, the Pakistani government on May 14 announced that the country will forward its clock by an hour from June 1 for the next three months. The plan will also force commercial centres to close …
As SPANISH hauliers and French fishermen have shouted out for all the world to hear, higher fuel prices are not popular. This is uncomfortable for those
After the state transport minister, Mr Subhas Chakraborty, hinted that bus fares could be hiked soon following rise in fuel prices, bus owners are now divided over the propose rise in fare. All three major bus owners' associations have decided to send their proposals to the transport minister tomorrow. Two …
The Bahujan Samaj Party held a rally in the Sector 17 plaza today to protest against the rising prices of fuel and the cost of essential commodities. Beating thalis to
The hike in the price of petro-products announced by the UPA Government has led to agitations and bandhs all around especially in non-Congress ruled states. If we go by the version of the Govt. this hike had become necessary to save the Oil Companies from bankruptcy. Even the Reserve Bank …
After the slowdown in American economy prices of crude oil have shown drastic swing. On Saturday the prices of crude oil reached up to 139 per barrel in New York. In the matter of oil consumption the five premier nations America, Japan, China, India and South Korea have expressed serious …
As fuel prices skyrocket, a motley group of doctors in Surat has got together to circumvent the hike by forming a 'Bicycle Club'. The motto is not just 'burn rubber to stop burning a hole in your pocket'. They are hoping to spread the virtues of good health and encourage …
The Union government has affected steep hike in petroleum prices. Petrol is dearer by Rs five, diesel by Rs three per litre and LPG cylinder would not cost Rs 50 more. Prime Minister Manmohan says that price hike had become a crying need in view of heavy losses to oil …
Rising oil prices have raised several technical concerns for the tendering process of BRTS buses. The increase in CNG and diesel prices would mean a direct impact on Ahmedabad Janmarg Limited (AJL)'s revenue, the governing body of BRTS in the city. The tendering process has been postponed by a week. …
It is true that any hike in oil prices will have a cascading effect through enhanced transport costs. But planned price increases are better managed and more equitable than inflation The Supreme Court view that the creamy layer concept can only be abandoned when and if more than 50 per …
Normal life was crippled in Assam during the 12-hour bandh called by the AGP, BJP and supported by Left parties in protest against the unprecedented price rise of essential commodities, including the soaring cost of petroleum products. No major incidents were reported during the period. The bandh that started at …
