: Rising crude oil prices have raised concerns for India, but strong forex reserves, low inflation and a manageable current account deficit provide a buffer against the oil shock.
Chandigarh: Bhupinder Singh Hooda, the Leader of the Opposition in the Haryana Congress, has convened a meeting of the Legislative Party today. Issues such as inflation, rising fuel prices, and law and order are expected to be discussed during this meeting. Presided over by Leader of the Opposition Bhupinder Singh Hooda, the session may also.
Thiruvananthapuram: The Keralam Legislative Assembly on Tuesday rejected an adjournment motion moved by the opposition seeking a discussion on rising inflation and fuel prices, with Chief Minister VD Satheesan stating that the government would take a decision on measures to address the issue after further assessment and consultations. The motion, raised by the Left Democratic.
India on Friday increased retail prices of petrol and diesel by ₹3 per litre each, marking the first major fuel price revision in several years amid soaring global crude oil prices triggered by tensions in West Asia and the ongoing US-Iran conflict. State-run oil marketing companies implemented the hike following sustained losses caused by rising.
Surat: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said that India has maintained stability in petrol and diesel prices for four years and 60 days despite global volatility in energy markets. He was speaking at the Vibrant Gujarat Regional Conference (VGRC) – South Gujarat in Surat, which brought together central and.
Dhaka, April 13: Bangladesh is facing growing economic pressure as the ongoing conflict involving Iran continues to disrupt global oil and LNG supply routes, particularly through the Strait of Hormuz, pushing up energy import costs and straining the country’s economy. Heavy Dependence on Imported Fuel Raises Concern According to reports, the disruption has triggered a.
Despite receiving financial assistance from the International Monetary Fund (IMF), Pakistan continues to struggle to achieve sustained economic growth. A recent report suggests that IMF-backed programmes have helped stabilise the country’s economy to some extent but have not succeeded in putting it on a strong growth trajectory. While the funding has provided short-term relief by.
The Reserve Bank of India (RBI) is likely to keep key interest rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting, according to a recent report by market experts. The central bank is expected to adopt a cautious approach amid global uncertainties and evolving domestic economic conditions. Analysts believe the RBI will continue its.
Abhishek Vij The Reserve Bank of India has consistently announced that owing to previous stringent monetary policies, the country has successfully brought inflation under control. Consequently, it was deemed appropriate to liberalize monetary policy to foster increased investment in India. Efforts in this direction were indeed undertaken by lowering the repo rate in the bi-monthly.
Abhishek Vij New data from the Ministry of Industry suggests that Indians have overcome their biggest problem: inflation. Now, investors are pressuring them to revise monetary policy and further reduce the repo rate, as the Indian market has finally recovered from inflation. A reduction in the repo rate increases liquidity for banks, allowing them to.
