-Livemint.com Painful food inflation has stoked political unrest in many countries before and could do so again In order to understand the political and economic repercussions of Russia’s attack on Ukraine, analysts and economists have been concentrating on the rise of crude oil and natural gas prices, among other things. This isn’t surprising given that Russia is the world’s second largest exporter of oil and the largest exporter of natural gas. But...
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SC- appointed panel report reveals majority of farmers in favour of repealed farm laws -Sudhir Suryawanshi
-The New Indian Express Prime Minister Narendra Modi has already repealed all three farm laws after the massive year-long protest by farmers in Delhi. MUMBAI: The Supreme Court-appointed expert committee's report reveals that a majority -85.7 per cent of stakeholders are in favour of farm laws while only 13.3 per cent are against it. The apex court appointed the committee in January 2020. The committee comprised of agricultural economists -- Anil Ghanvat, Ashok...
More »Sanctions within a Regime of Neo-liberalism -Prabhat Patnaik
-NetworkIdeas.org Before joining the neo-liberal order, India used to have “rupee payment arrangements” with the Soviet Union and Eastern European socialist countries under which the main international reserve currency, the US dollar, was used neither for settling transactions nor even as the unit of account in terms of which the trade-related transactions were denominated. The dollar in short was used neither as the means of circulation, nor even as the unit...
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...
More »India Will Lose 101 Billion Labour-Hours a Year to Global Warming’s Effects -Aathira Perinchery
-TheWire.in * India will lose 101 billion work-hours a year to the effects of global warming, according to a new study. * There is more scientific evidence to show how extreme weather, including rainfall, impacts economies worldwide. * Another study found economic growth decreases when the number of wet days and the number of days with extreme rainfall increase. Kochi: As the world becomes warmer, India will lose more than 101 billion hours of...
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