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How the Crude Oil Price Spike Will Upend India's Fiscal Balancing Act -Kaushal Shroff

-TheWire.in India will have to brace itself for an inflationary shock that will only serve to bludgeon a COVID-ravaged economy. Russia’s offensive refuses to pause. Since February 24, a little over 2.3 million Ukrainians have fled seeking a safe haven while the Russian army is upping the stakes and making the war exponentially dirtier by attacking civilian enclaves, non-military infrastructure and even hospitals. On March 10, Russia retaliated to the banking, business and...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Russia-Ukraine crisis to push up fertiliser prices, govt subsidies

-IANS/ Business Standard India's agriculture sector is expected to face the heat from hostilities between Russia and Ukraine which are expected to push up prices and availability of Potash India's agriculture sector is expected to face the heCat from hostilities between Russia and Ukraine which are expected to push up prices and availability of -- Potash -- a key component used in the manufacturing of fertilisers. At present, Belarus and Russia are key...

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India to be one of Asia’s ‘biggest losers’ from the Ukraine war as Russia slammed by global sanctions -Paran Balakrishnan

-The Telegraph Recovery will stumble, inflation will rise, rupee could weaken further, say economists New Delhi: India abstained on the US-sponsored UN Security Council “deploring” Russia’s invasion of Ukraine. But we definitely won’t be able to stay on the sidelines when it comes to facing the economic consequences of the war, the most serious conflict in Europe since the second world war. India’s not a part of organisations like Nato whose members like...

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Crude Oil Prices Rise, Tracking Russia-Ukraine Conflict -Rahul Karunakar

-NDTV.com (with inputs from Agencies) Crude oil prices rose over 0.5% on Tuesday, as the Ukraine conflict drags on, albeit well below a seven-year high hit last week. Crude oil prices rose over 0.5% on Tuesday, as the Russia-Ukraine conflict drags on, albeit well below a seven-year high after Russia's invasion of Ukraine began last week, which is the most significant attack on a European country since World War Two. While global financial...

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