-Down to Earth Farmers in the state are not getting urea; if they are, it is at almost double the price Urea prices are skyrocketing in Chhattisgarh due to the government’s decisions these days. So bad is the SITuation that farmers are being forced to buy urea on the black market and then cultivate paddy at a higher cost and bear the losses. Due to this, farmers from Raipur, Mahasamund, Bilaspur and...
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Cooking oil prices spike in India due to Russia-Ukraine crisis -B Krishna Mohan
-TelanganaToday.com Hyderabad: Prices of cooking oil are on an upwards spiral and have gained up to Rs 25 more per litre. The trade segments attribute the increase in prices to the tightening supplies of sunflower and safflower oils, both called as sun oils, to the Russia-Ukraine war. Also, palm oil imports are getting costlier due to the internal trade restrictions of Indonesia, the biggest producer of palm oil. On the other hand,...
More »PM Modi dials Russian President Putin, discusses safe evacuation of Indians from Kharkiv
-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...
More »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...
More »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...
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