Comments
The ongoing crude and commodities shock in the wake of the Russia-Ukraine conflict is said to have negative implications for India’s macro situation, but an analysis of aggregate Nifty profits shows that they are fairly resilient in a downside scenario. Also, Russia and Ukraine are not excessively integrated into world trade. For India, total trade with Russia is minuscule. However, given India’s high energy import dependence for oil, there could be some bearing on the growth picture, if crude prices are not tamed.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.