India saves $1.8 bn on fertiliser subsidies, but no reform planned

Last Updated: Friday, September 4, 2015, 16:01

India could save about $1.8 billion on fertilizer subsidies this year thanks to low energy prices but Prime Minister Narendra Modi`s government, two sources said, has no plans to remove price controls, a reform that would risk angering farmers.

Canada inflation rises to 0.9% in May

Last Updated: Friday, June 19, 2015, 19:24

Consumer prices in Canada rose 0.9 percent in May, with low oil prices continuing to slow down inflation, the government statistical agency said Friday.

U.S. economy stumbles in first quarter as weather, low energy prices weigh

Last Updated: Thursday, April 30, 2015, 02:18

U.S. economic growth nearly stalled in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending.

Denmark slips into deflation as oil prices drop

Last Updated: Tuesday, February 10, 2015, 18:02

The prices of goods and services dipped 0.1 percent in January after rising 0.3 percent the month before, the national statistics office said.

Fed welcomes energy drop, shrugs off disinflation threat

Last Updated: Tuesday, December 2, 2014, 05:16

The Federal Reserve is welcoming the sharp drop in global energy prices, with two influential policymakers on Monday cheering the boost it should provide American pocketbooks and shrugging off any pressure on already low inflation.

Energy supply at affordable prices is critical for growth: PM

Last Updated: Sunday, January 12, 2014, 16:39

PM also said that we needed to increase energy supplies by 3 to 4 times over the next decade.

Unwillingness to align fuel prices a threat to growth: Montek

Last Updated: Thursday, February 21, 2013, 18:00

It is not fuel shortage, but the unwillingness to align energy prices with market rates that poses a threat to country's economy, Planning Commission Deputy Chairman Montek Singh Ahluwalia said Thursday.

Energy prices need to gradually align with international market: Chaturvedi

Last Updated: Friday, February 8, 2013, 12:25

Describing India as a highly price sensitive market, a senior Planning Commission official today said that energy prices need to be gradually aligned with the international market and that cannot be done over night.

Remunerative energy prices needed to ensure expanded supply: PM

Last Updated: Friday, March 23, 2012, 20:49

Stressing that the government was committed to finding solutions for the issues facing the gas industry, Prime Minister Manmohan Singh on Friday said remunerative energy prices was needed to ensure expanded energy supply.