Its widening, its the current account deficitBusiness RecorderGrowing oil imports this year, particularly the increase in oil prices, accounts for the jump in imports and the consequent worsening of the trade balance. International Brent oil prices ros…

Why fuel prices will always rise and make subsidy inevitableVanguardFuel prices have risen steadily from less then 50kobo/litre to the current subsidized price of N97/litre; every government, be it military or civilian, has one time or the other had to…

IBNLive.comDepreciating rupee to push up prices of goodsIBNLive.comThe declining value of rupee, which has depreciated by 11 per cent against dollar since March, will directly push up the cost of crude oil and other imported commodities used as input i…

Most negatives are already priced in: Sunil Singhania, Reliance Mutual FundEconomic TimesThe rupee may not weaken significantly from current levels. There are fundamental attributes to this premise of ours. Oil has fallen from $126 to $106 as on Thursd…

Sultanate GDP tops RO 7.2bnOman Daily ObserverAs per these estimates, the GDP at current prices stood at RO 7228.3 million in the first quarter of this year compared to RO 6109.2 million, during the same period last year. The rise is attributed to 25.5…