How the conflict in Russia and Ukraine might affect the availability of commodities, the functioning of trading institutions, and globalisation

‘As a result of the ongoing conflict in Europe, there is already evidence of, and potential for further escalation of, interruptions in the supply of products ranging from the components used to manufacture semiconductor chips to foodgrains.’ There may be a need for some serious rethinking of supply chains in regard to items that are … Read more

April’s increase in industrial output growth of 7.1 percent was the highest reading in eight months.

According to the data that was made public by the National Statistical Office in the first month of the current fiscal year, the manufacturing sector had an increase of 6.3% in its overall growth (NSO). According to statistics that was issued by the government on Friday, the rate of growth of industrial production increased to … Read more

The purpose of disinvestment is not to close down CPSEs but rather to make them more effective: I, Minister Sitharaman

The minister stated that the public sector firms that were privatised between the years of 1994 and 2004 are now being managed by boards that are being professionally governed, and that these companies have only become better since being privatised. Nirmala Sitharaman, the Minister of Finance, stated on Friday that the goal of the government’s … Read more

The US recession may have an influence on India’s economy, according to Nomura, which forecasts GDP growth of 7.2 percent.

Some of the factors that might make the expansion of the economy more difficult to achieve include a shock to consumers’ negative emotion, interruptions in supply chains, a worsening availability of energy, and tighter financial conditions. According to projections made by Nomura, India’s gross domestic product would expand by 7.2 percent in 2022 before slowing … Read more