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PM Narendra Modi targets Opposition-ruled states over higher fuel prices, seeks reduction in VAT | India News

PM Modi raised the issue of many states not adhering to the Centre's call for reducing the Value Added Tax (VAT) on petrol and diesel after his government slashed excise duties on them in November last. ....

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TOUGH TIMES COMING: NIGERIA, other African Nations will suffer pain of Rising Food, Higher Fuel Prices over ongoing Russia/Ukraine War-International Monetary Fund …Crisis will undo gains of Africa's post COVID-19 economic recovery *'Africa is vulnerable to impact from the Ukraine war through four main channels: increased food prices, higher fuel prices, lower tourism revenues, and potentially more difficulty accessing international capital markets' *'IMF has stand-by Fund to help African countries address the repercussions of the war, help design, implement reforms through our policy advice, capacity development, and lending' *"The Ukraine war and the unprecedented sanctions imposed on Russia are having far-reaching consequences. They come at a delicate time for Africa"-Kristalina Georgieva- IMF managing director *BY GEORGE ELIJAH OTUMU/AMERICAN Senior Investigative Editor & TINA ALOCHUKWU/Financial Editor, West Africa

TOUGH TIMES COMING: NIGERIA, other African Nations will suffer pain of Rising Food, Higher Fuel Prices over ongoing Russia/Ukraine War-International Monetary Fund …Crisis will undo gains of Africa's post COVID-19 economic recovery *'Africa is vulnerable to impact from the Ukraine war through four main channels: increased food prices, higher fuel prices, lower tourism revenues, and potentially more difficulty accessing international capital markets' *'IMF has stand-by Fund to help African countries address the repercussions of the war, help design, implement reforms through our policy advice, capacity development, and lending' *"The Ukraine war and the unprecedented sanctions imposed on Russia are having far-reaching consequences. They come at a delicate time for Africa"-Kristalina Georgieva- IMF managing director *BY GEORGE ELIJAH OTUMU/AMERICAN Senior Investigative Editor & TINA ALOCHUKWU/Financial Editor, West Africa
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Kristalina Georgieva , United Nations Economic Commission For Africa , International Monetary Fund , African Nations , Rising Food , Higher Fuel Prices , Ukraine War International Monetary , Investigative Editor , Financial Editor , Ukraine War , United Nations Economic Commission , Sustainability Trust ,

Mid-Day Digest

THE FOUNDATION "The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." Thomas Jefferson (1816) IN TODAY'S DIGEST More Gov't Spending, More Inflation Russians Bomb Maternity Hospital Americans' Concern for Ukraine Is. ....

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