-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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Cooking Oil May Become Costlier Due to Russia-Ukraine War. Know Why
-News18.com Edible oil prices have been climbing unabated globally and in India since the onset of the pandemic. Here's why the Russia-Ukraine War could further drive up cooking oil prices in India Cooking oil price to increase: Prices of cooking oil are set to soar in India as a result of the ongoing crisis between the two top producers and exporters of sunflower oil — Russia and Ukraine. A war between the...
More »Ukraine crisis: Agri commodities prices plunge in Global Markets as supply fears recede -Subramani Ra Mancombu
-The Hindu Business Line Indian farmers gain as local wheat, maize, soyabean and mustard prices rise Prices of agricultural commodities, particularly wheat, maize, soyabean and palm oil, dropped significantly in the Global Market during the weekend, after having surged on February 24 when Russia ordered its troops into Ukraine. The rates of most of these commodities dropped by over five per cent as members of the North Atlantic Treaty Organization (NATO) led by...
More »China loves Guntur chillis — How the Andhra district produced a spicy global product -Adhiraj Parthasarathy
-ThePrint.in But the Guntur’s chillis’ got competition, 29 other districts in India chose chillis as their signature product too. Under the One District One Product Initiative, Guntur, Andhra Pradesh declared its famous chilli as its signature product, hoping to leverage resources to promote its produce globally – 29 other districts followed suit, each declaring chillies their unique, signature product and setting the stage for a nationwide chilli faceoff. This article, the first...
More »A recipe to deepen the distress in rural economy -Himanshu
-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...
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