-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...
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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 »Russia-Ukraine crisis: India economy to be among worst hit in Asia: Nomura -Puneet Wadhwa
-Business Standard A sustained rise in Oil, food prices would have adverse impacts on Asia's economies. India, Thailand and the Philippines are the biggest losers, while Indonesia would be a relative gainer, Nomura said The ongoing geopolitical crisis between Russia and Ukraine will impact Asian economies, but the impact will be polarized across the region, said analysts at Nomura in a recent report. The negative impact on Asia, they believe, is predominantly...
More »Crude Oil not the only problem, more than 80% of India’s sunflower Oil imports are from Ukraine -Samrat Sharma
-IndiaToday.in Russia-Ukraine war news updates: The attack on Ukraine has jolted the Oil market around the world as well as in India. The dark clouds over edible Oil imports in India have come at a time when the retail prices of edible Oil are already plateauing. Russia’s invasion of Ukraine has jolted the crude Oil market around the world and that is poised to raise petrol and diesel prices in India as...
More »Second Hunger Watch Survey shows high level of food insecurity among the poor & vulnerable people of 14 states
-Press release by the Right to Food Campaign Secretariat dated February 23, 2022 * 66 percent respondents said that their income has decreased compared to the pre-pandemic period * 80 percent reported some form of food insecurity, 25 percent reported severe food insecurity * 41 percent said that nutritional quality of their diet deteriorated compared to the pre-pandemic period * 67 percent could not afford cooking gas in the month preceding the survey. * 45...
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