-TheWire.in India will have to brace itself for an inflationary shock that will only serve to bludgeon a COVID-ravaged economy. Russia’s offensive refuses to pause. Since February 24, a little over 2.3 million Ukrainians have fled seeking a safe haven while the Russian army is upping the stakes and making the war exponentially dirtier by attacking civilian enclaves, non-military infrastructure and even hospitals. On March 10, Russia retaliated to the banking, business and...
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India used more coal power in 2021 than 2020, which could delay its climate goals: IEA -Rohini Krishnamurthy
-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,...
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 »Oil, budget and economic sentiment -Roshan Kishore and Vineet Sachdev
-Hindustan Times Traditionally, Union budgets have mattered for people at large because of two reasons: prices of goods and income tax rates.There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates. Traditionally, Union budgets have mattered for people...
More »India reaps high growth from agriculture, allied products in FY22 -Subhayan Chakraborty
-Moneycontrol.com An intense focus on securing market access abroad and promoting Indian goods saw dozens of new products including Himachali millets and Chandauli’s black rice being shipped from India to several new destinations such as the UAE, and Denmark India’s agriculture and allied exports grew at a brisk 21 percent in the first eight months of the current financial year despite broken supply chains and various challenges brought about by the COVID-19...
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