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FUEL SUBSIDY REFORMS
India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step inIndia faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Str...
- Fuel price shield helping India and consumers to tackle West Asia crisis: Gita GopinathIndia is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the governmen...
- Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
- Energy shock strains India’s growth, fiscal outlook: S&P reportIndia faces economic challenges from Middle East conflict. Energy prices and supply constraints strain finances. Rising bond yields, inflat...
- Sustained reforms will help India maintain growth momentum, says ADB’s Albert ParkIndia's economy shows strong growth prospects despite global challenges. The Asian Development Bank highlights the need for continued refor...
- West Asia conflict raises inflation risks; India's domestic strength offers cushion: Finmin reportIndia faces supply shocks from the West Asia conflict. This impacts inflation and trade. However, strong domestic demand and policy measure...
- ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- IMF cautions countries against broad fuel subsidies to deal with war-driven energy shockGlobal finances face new pressure from the Middle East conflict. Rising energy prices and interest rates strain economies. The IMF advises ...
- ADB lauds India's fossil fuel subsidy reformsIndia has significantly cut its oil and gas subsidies by 85 per cent from 2013 to 2023. This was achieved using policy reforms including ph...
- Government cuts excise duty on petrol, diesel; prices to drop by Rs 9.5, Rs 7 per litreThis will reduce the price of petrol by Rs 9.5 per litre and of Diesel by Rs 7 per litre. The move will have revenue implication of around ...
- Government mulls "painless" kerosene subsidy revamp likely to aid fuel reformsThe Centre is considering a revamp in kerosene subsidy to complete fuel pricing reforms, which will significantly reduce the burden on exch...
- Jefferies sees new government speeding up decisions in oil sectorJefferies today expressed hope that incoming government will speed up decision-making in oil sector, especially on the production and explo...
- Government eyes per litre subsidy on motor fuelThe govt is mulling fixing per litre subsidy on petrol and diesel, a move towards partial decontrol of motor fuel, to restrict subsidy bill...
- Fuel reform at mercy of rain and politicsGovernment is hoping monsoon rains will soon give it the political cover it needs to start cutting costly fuel subsidies.
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