-The Telegraph The BJP’s nationalism would have been credible if it had a humane, inclusive face The prime minister has assured his legion of admirers that India’s stature is rising in the global order. The countrymen, however, can spot only one thing that is on an unprecedented rise: the price of essential commodities. On Tuesday, the price of diesel scored a century in Bengal, much like petrol that is already burning a...
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Pradeep Multani, president of the PHD Chamber of Commerce and Industry, interviewed by Kaushal Shroff (TheWire.in)
-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...
More »Tough times ahead for aam aadmi as Ukraine war could send prices soaring in India -Aishwarya Paliwal
-IndiaToday.in The Russia-Ukraine war is likely to hit the Indian economy, resulting in rising prices, experts said. Here's what will get more expensive. Hundreds dead, buildings damaged, charred bodies on the streets. The large-scale destruction caused by Russian forces in Ukraine has left the world horrified. According to experts, the war will spell doom for the Indian economy, which will face turbulence in days to come. Moving at a snail's pace, petrol and...
More »Wheat export at 70.30 lakh tonnes till Mar 21 this fiscal: Govt tells Parliament
-PTI/ Business Standard "The total export of wheat in terms of quantity during 2021-22 (till 21st March 2022) was 70.30 LMT" The total wheat export stood at 70.30 lakh tonnes till March 21 this fiscal, with maximum shipments to Bangladesh followed by Sri Lanka and UAE, Parliament was informed on Friday. As both Ukraine and Russia are major exporters of wheat with more than 25 per cent total share in the global wheat...
More »How Will India Fare in the Brewing Global Food and Fertiliser Crisis? -Kaushal Shroff
-TheWire.in According to a research note by SBI, for every one dollar of increase in the pooled gas rate, India’s fertiliser subsidy bill shoots up by Rs 4,000-5,000 crore. There is no such thing as a localised conflict in a globalised world. Sooner rather than later, fallouts from the Russia-Ukraine war will overwhelm the operations of developed and developing economies alike, leading up to the largest, and possibly, the worst food crisis...
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