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Posts Tagged ‘ Indian Oil ’

India Fuels Inflation by Bailing Out Refineries

Jun 4th, 2008 | By Jason Simpkins | Category: Emerging Markets

Soaring oil prices have forced Indian authorities to raise subsidized fuel prices and risk propelling inflation that is already running at a three-year high.

Tags: Emerging Markets, energy, Fuel Costs, Fuel Prices, Import Tax, India, Indian Oil, oil, Oil Firms, Oil Prices, Price Of Gasoline, State Oil
Posted in Emerging Markets | No Comments »

India and Other Emerging Economies Continue to Struggle With Inflation

May 27th, 2008 | By Jason Simpkins | Category: Emerging Markets

India’s wholesale price index rose 7.82% for in the week ended May 10, the Ministry of Commerce and Industry reported. It marked the 13th straight week that the inflation rate has been above the central bank’s 5.5% target, highlighting the increased pressures many developing nations are under given soaring commodities prices.

Tags: , Cement Companies, commodities prices, Diesel Prices, Emerging Markets, Indian Oil, inflation, Inflation Rate, oil, RBI, Reserve Bank Of India, Wholesale Price Index
Posted in Emerging Markets | No Comments »

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