Oil Prices

PM Modi hold talks with the Egyptian President

January 25, 2023

The Egyptian President Sisi has arrived in India. He is the Chief Guest of the 2023 Republic Day celebrations. The President met PM Modi and the leaders discussed bilateral trade and the global interests of the countries. President Sisi will ..

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Asian Development Outlook (ADO) 2022

April 7, 2022

India’s GDP growth has been forecasted by the Asian Development Bank (ADB) to 7.5 per cent in 2022-23 from 2021-22’s estimated 8.9 per cent. The report has also suggested that the growth will pick up and reach 8 per cent ..

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Kazakhstan Protests and Emergency

January 6, 2022

The citizens of Kazakhstan are protesting against the sudden fuel price hike. The ruling government resigned due to the rising tensions. Emergency has been declared in the Central Asian country Why protests in Kazakhstan? The protests began when the ruling ..

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Wholesale Price Index, WPI of April 2021

May 18, 2021

The Department for Promotion of Industry and Internal Trade recently released Wholesale Price in India for the month of April 2021. The WPI for the month of April 2021 stood at 128.1. The base year in calculating WPI is fixed ..

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Russia’s central bank increases interest rates

April 26, 2021

The Central Bank of Russia has increased the interest rate from 4.5% to 5%. Why did the Bank increase the interest rates? This is the second time the apex bank is increasing the interest rates due to elevated inflation pressure. ..

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India’s Petroleum consumption contracts 9.1% in FY21

April 10, 2021

The Petroleum Planning and Analysis Cell operating under Ministry of Petroleum recently released a report on petroleum consumption of India. According to the report, fuel consumption of the country reduced by 9.1% in the year 2020-21 as compared to that ..

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