-Down to Earth China and India might be some of the countries where the green transition may also be slowed down because Russia would shift their energy exports to them, experts say India used 13 per cent more coal to generate electricity in 2021 than the previous year, given the COVID-19 pandemic, according to a recent analysis from the International Energy Agency (IEA). This figure is going to increase in the future,...
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India to be one of Asia’s ‘biggest losers’ from the Ukraine war as Russia slammed by global sanctions -Paran Balakrishnan
-The Telegraph Recovery will stumble, inflation will rise, rupee could weaken further, say economists New Delhi: India abstained on the US-sponsored UN Security Council “deploring” Russia’s invasion of Ukraine. But we definitely won’t be able to stay on the sidelines when it comes to facing the economic consequences of the war, the most serious conflict in Europe since the second world war. India’s not a part of organisations like Nato whose members like...
More »Crude Oil Prices Rise, Tracking Russia-Ukraine Conflict -Rahul Karunakar
-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...
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 »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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