-ThePrint.in Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka is racing to avert a default amid dwindling forex holdings. Colombo: Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean. Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka...

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

-The Hindu Business Line Goyal meets industry associations to assess demand-supply situation, alternative plans Representatives of India’s edible oil industry met Commerce and Food Minister Piyush Goyal on Friday to discuss ways to check the galloping prices of the cooking medium as disruption of supplies of sunflower oil due to the on-going Russia-Ukraine conflict threatens to make the situation worse. The meeting, called a day after the Union Food Secretary’s discussion with industry...

-IndiaToday.in PM Modi spoke to President of Russia, Vladimir Putin, and discussed the safe evacuation of Indian nationals from the conflict areas. Prime Minister Narendra Modi on Wednesday spoke to the President of Russia, Vladimir Putin. They discussed the safe evacuation of Indian nationals from the conflict areas. As per a statement released by the Prime Minister's Office read, "The two leaders reviewed the situation in Ukraine, especially in the city of Kharkiv...

-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...