Latest Energy Costs News & Updates

Los Angeles, April 27 (IANS) Americans are feeling the strain as the cost of groceries, gasoline, and utilities continues to rise. Economists say a one-two punch of new US tariffs and a war-driven spike in global energy prices are pushing up everyday expenses and threatening to slow growth just as households had begun to regain some breathing room.”I feel betrayed,” Katie Peyrey, a 66-year-old struggling grandmother and caregiver from Burbank, California, told Xinhua news agency.She is a minimum…

Bengaluru, Mar 7 (IANS) Criticising the Centre over the increase in LPG cylinder prices, Karnataka Chief Minister Siddaramaiah said on Saturday that the latest increase is deeply concerning and demanded the Centre’s resignation.​ “The latest increase in LPG cylinder prices is deeply concerning for millions of households across India. At a time when families are already battling relentless inflation, yet another burden is being placed on the kitchens of ordinary citizens. Domestic cylinders hav…

New Delhi, Jan 1 (IANS) Pakistan’s textile industry, which was once the driver of economic growth in the country, has plunged into a deep crisis with factories shutting down due to high production costs.”Once celebrated for its export potential and capacity to drive industrial growth, Pakistan’s textile sector is now grappling with a convergence of structural, economic, and logistical shocks that have eroded competitiveness, shuttered factories, and destabilised livelihoods across the value …