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Fear of cooking oil shortage, spike in prices as 290,000 tons stuck in Indonesia -Aniruddha Dhar

-Hindustan Times India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Indonesia President Joko Widodo's drastic measures to control food prices by banning palm oil exports have come into effect from Thursday. India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Palm...

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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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Amid Ukraine crisis, Punjab exporters stare at Rs.500-crore losses -Aneesha Sareen Kumar

-Hindustan Times Russia-Ukraine war has hit the industry badly with several exporters across the state staring at losses in crores. Exporters in Punjab are staring at nearly Rs. 500-crore losses due to delayed payments Ludhiana: The Russia-Ukraine war has hit the industry badly with several exporters across the state staring at losses in crores. Not only are huge consignments of goods such as hosiery items, bicycle parts, tyres and rice stranded at...

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Unravelling the Capex Push -CP Chandrasekhar and Jayati Ghosh

-Macroscan.org/ The Hindu Business Line The centre-pieces of the 2021-22 budget and the projected budget for 2022-23 fiscal years is the claim by the Finance Minister to have increased capital expenditure sharply in order to strengthen infrastructure in seven areas (Roads, Railways, Airports, ports, Mass Transport, Waterways, and Logistics Infrastructure). Please click here to access.  * This article was originally published in the Business Line on February 7, 2022. ...

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Economists question Reserve Bank of India’s inflation claims -

-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks. The RBI on Wednesday surprised...

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