Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu

India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu

Share this article Share this article
published Published on Mar 1, 2022   modified Modified on Mar 4, 2022

-NDTV.com

The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices.

The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects.
Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even before the Omicron variant of the coronavirus disruptions took hold. 

The ongoing Russia-Ukraine war is likely to weigh heavily on Asia's third-largest economy, just when the restrictions from the latest coronavirus wave have started to ease across the country.

Finance minister Nirmala Sitharaman underscored the government's concern about the impact on its exports due to the Ukraine crisis. 

"As regards to what is going to have a bearing on our immediate imports and equally on our exports to Ukraine, we are rightly worried about what comes from there. But I am more worried about what will happen to our exporters who are doing very well, particularly to the farming sector," the finance minister said on Monday, interacting with industry captains at an event in Chennai.

IndiaRatings and Research, suggested the geopolitical risks arising from the Russia-Ukraine conflict would push the import bill higher for items such as mineral fuels & oils, gems & jewellery, edible oils and fertilisers.

Please click here to read more. 


NDTV.com, 1 March, 2022, https://www.ndtv.com/business/indias-economy-faces-a-potential-stagflation-risk-from-ukraine-war-2796624


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close