price controls

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    Navigating Economic Challenges: IMF's Strategy Amid Global Conflict

    Washington, April 9 IMF Managing Director Kristalina Georgieva on Thursday urged central banks grappling with the impact of the US-Israel war on Iran to fight inflation even at the cost of growth, arguing that "pain is an unavoidable consequence of any conflict".In her address at the IMF...
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    Brazil Subsidizes Diesel and LPG Amid Energy Volatility

    Rio de Janeiro, April 7 – Brazilian President Luiz Inácio Lula da Silva launched a package of measures designed to mitigate the impact of international energy price volatility on Brazil's economy.On Monday, the president signed a series of decrees to provide immediate relief to consumers and...
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    Hormuz Disruption: India Actively Managing Fuel Supplies

    New Delhi, April 4 The government on Saturday urged citizens to avoid panic buying of petrol, diesel, and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz.The Ministry of Petroleum and Natural Gas said the government is taking...
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    Lula on Iran Conflict: Economic Protection a Priority

    Brasilia, April 3 – Brazilian President Luiz Inácio Lula da Silva said on Thursday that he could not predict when the US and Israeli strikes against Iran might end, but vowed to protect Brazilians from the economic impact of the conflict.In an interview with local television station Record...
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    Congress Questions Fuel Availability as Crisis Deepens

    New Delhi, Apr 2 – The BJP and the Congress engaged in a heated debate on LPG and fuel availability, a day after the Cabinet Committee on Security (CCS) meeting, chaired by Prime Minister Narendra Modi, reviewed the impact of the West Asia crisis on essential supplies.On Wednesday, Modi called...
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    Banerjee Warns of Potential Fuel Price Increase by BJP

    In Kolkata, on March 27, Trinamool Congress leader Abhishek Banerjee stated that there is a strong possibility that the BJP-led central government will increase the prices of cooking gas and transport fuel after the assembly elections on April 29.Addressing an election campaign for the TMC...
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    Fuel Price Relief: India's Response to Global Market Volatility

    External Affairs Minister Dr. S. Jaishankar praised Prime Minister Narendra Modi's swift and decisive action to protect 1.4 billion Indians from price and supply shocks caused by the West Asia crisis, which has impacted energy and commodity markets. In a social media post, Dr. Jaishankar stated...
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    LPG Queues Persist in Bihar Despite Officials' Claims

    Patna, March 13 Long queues were seen outside LPG distribution centers across Bihar, despite the district administrations claiming there was no shortage of domestic gas cylinders.People turned up in large numbers at distribution agencies in Patna, Bhagalpur, Rohtas, Katihar, Buxar, and other...
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