What does record food production mean for India? Food production in India is estimated to touch a record 316 million tonnes in 2021-22, 8% more than the five-year average. However, is a bumper harvest enough to keep retail food prices in check? Is production expected to rise across crops? According...
How would the exclusion from SWIFT hit Russia? The Ukraine crisis has forced the US and the European Union (EU) to exclude some Russian banks from the SWIFT payment system. The decision came after much consideration as it could cripple payments both to and from Russia. What is SWIFT, and how does i...
How does credit disbursal boost the economy? There’s been a rise in lending by commercial banks in recent months. This has come after nearly two years of dismal banking operations due to the covid-19 pandemic. Now attempts have been made to gather and analyse lending data. What do the recent number...
Do economic sanctions work as a deterrent? The economic sanctions imposed by the US, UK, and the EU on Russia for going to war against Ukraine could prove to be detrimental to the country. These sanctions can range from export restrictions to trade embargos and seizure of assets. What do economic s...
Russian conflict and the impact on food, farming Russia’s invasion of Ukraine has put global commodity markets in a tizzy. It is now threatening to push up farming costs and send food prices soaring. Food inflation in India may thus soon enter double-digit territory. How will the conflict impact In...