Budget 2018-19

  This comes as the prices of petrol and diesel are increasing continuously for several days and in some states, the price of petrol has even crossed Rs 100 mark As the prices of petrol and diesel in the country are on a constant rise, Yuva Sena, the youth wing of Shiv Sena has put up banners stating ‘Yahi hai acche din?’ at various petrol pumps and roadside in Mumbai, in a bid to register their protest against the BJP-led NDA government at the centre. This comes as the prices of petrol and diesel are increasing continuously for several days and in some states, the price of petrol has even crossed Rs 100 mark. Union Petroleum and Natural Gas and Steel Minister Dharmendra Pradhan on Sunday had termed “less fuel production by manufacturing countries to gain more profit”, as one of the reasons behind the price hike. “There are two main reasons behind the fuel price rise. The international market has reduced fuel production and manufacturing countries are producing less fuel to gain mo...

  Total revenue was 58.2 billion riyals ($15.5 billion), down from 80.8 billion riyals a year earlier, according to a statement from the General Authority for Statistics Saudi Arabia’s exports fell by more than a quarter in November compared with a year ago, driven by another drop in oil demand. Total revenue was 58.2 billion riyals ($15.5 billion), down from 80.8 billion riyals a year earlier, according to a statement from the General Authority for Statistics. Oil exports fell 39.8 per cent during the month. Meanwhile, Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last year, according to the state company that markets the nation’s crude. OPEC’s second-biggest producer will pump around 3.6 million barrels daily for the two months, according to Ali Nizar, the deputy head of SOMO. That would be the lowest level since 2015 and compares with around 3.85 million in December, according to data compiled by Bloomberg. Exports, including those...