Prime Minister Narendra Modi offered US President Biden India’s food stock. Given the current geopolitical crisis, the food crisis is rising globally. If WTO permits, PM Modi can offer President Biden India’s food stock PM Narendra Modi said, “today the world is facing an uncertain situation as nobody is getting what they want.” “Petrol, oil […]
The two ways India can help Sri Lanka are through plantation and tourism: Sri Lanka’s primary source of income. However, the Indian economy is a target of the rising Russia-Ukraine crisis, the removal of PM Imran Khan, and border troubles with China. Furthermore, the demonetization in 2016 slowed down India’s economic growth. Nevertheless, while solutions […]
Presently, India struggles with slow growth and high inflation. On Thursday, the finance ministry said in its Monthly Economic Review that the Russia-Ukraine crisis presents a twin challenge to the Indian economy. Furthermore, the ministry informed that the government sought affordable options to procure crude oil. In January, the Economic Survey predicted the Indian economy […]
On late Tuesday night, Sri Lankan President Rajapaksa revoked the state of emergency. The announcement was made via gazette notification no 2274/10. Sri Lankan President Rajapaksa announced a state of emergency on April 1 to curb mass-scale protests. The protests are in light of Sri Lanka’s current economic and political distress. Furthermore, the UN human […]
India’s ban on 27 pesticides must wait until further notice. The agricultural universities and research ecosystem are yet to develop testing specific to India. Furthermore, the 27 pesticides account for 50% use of pesticides in the country. Additionally, the Russian-Ukraine crisis has led to soaring food prices. Russia and Ukraine are the world’s largest and […]
India offered a $1 billion credit line to Sri Lanka due to the rising economic crisis. Furthermore, in mid-2021, Sri Lanka also received $200 million as aid from Bangladesh. The introduction of organic farming, economic mismanagement, and many factors conclude the Sri Lankan crisis. A series of bomb blasts in April 2019 severely crippled Sri […]
Britannia Industries Ltd., India’s biggest cookie manufacturer, will hike prices by 7% this year. Amid the Ukraine crisis, the soaring prices are a sign of inflationary pressures that hurt below-par consumers. The Russia-Ukraine war has led to severe shortages in food supply chains. The Russian invasion has also caused turbulence in global consumer firms. However, […]
The deduction in tax and VAT rates in Sri Lanka presents warning signs for India. While the civil war in Sri Lanka has concluded, refugees seem to find themselves on Indian shores yet again. Mahinda Rajapaksa not only slashed tax rates but, in April 2021, also banned the imports of chemical pesticides and fertilizers. Mahinda […]
After rejecting the three farm laws, the Indian farm reforms deserve a second chance. Last week, the three laws revoked in late 2021 were re-established with significant farmer support by a Supreme Court-appointed panel. Furthermore, the benefits of an open market are yet to be experienced by the farmers. A second chance for Indian farm […]
Increased goods prices in rural markets have resulted in low consumption. NielsenIQ, research, and analytics firm flagged signs of moderate demand in rural markets for two consecutive quarters. The September quarter (2021) report depicted a 2.9% y-o-y volume dip in consumption. Furthermore, the December quarter portrayed a 2.6% y-o-y slip in packaged consumer goods volume. […]
