-The Hindu Business Line Shipments may top 30 lt by June; consignments will include new crop Indian wheat exporters have signed deals to export at least 5.5 lakh tonnes (lt) over the next couple of months as nations in South Asia, South-East Asia and West Asia are looking to New Delhi to meet their requirements for food and feed in view of the Ukraine-Russia crisis. “We have demand for Indian wheat from March-April....
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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...
More »India’s GDP growth slows down to 5.4% in October to December quarter
-Scroll.in The government has projected 8.9% growth in 2021-’22, which is lower than the January estimates. India’s Gross Domestic Product grew by 5.4% in the October-December quarter and is likely to expand at 8.9% in 2021-’22 financial year, government data showed on Monday. During the second quarter (July-September) of the 2021-’22, the Economy grew by 8.4%. In its first advance estimates released in January, the National Statistical Office had projected 9.2% growth for...
More »Ukraine crisis: Agri commodities prices plunge in global markets as supply fears recede -Subramani Ra Mancombu
-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...
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...
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