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

-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...

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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...

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Demand for lower cotton prices is not justified -A Narayanamoorthy

-The Hindu Business Line The textile industry’s vociferous demands will hit cotton farmers, who are facing the brunt of rising costs The recent rise in the price of cotton yarn seems to have hit the textile manufacturers hard, so, a large section of participants involved in value chain products of cotton has called on the government to take measures to arrest the price rise. While demanding higher taxes on cotton exports, they have...

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A Pandemic and a Union Budget: A Study in Three Acts -Suyash Rai

-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years....

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