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Mar
March 13: In India, with COVID-19 showing signs of receding, business owners were just about expecting to get back on their feet and start recouping at least part of the losses incurred by the pandemic. However, the Russia-Ukraine conflict seems to have thwarted their hopes again with inevitable price inflation and a disturbed supply chain. Addressing a recent press conference, Finance Minister Nirmala Sitharaman also expressed concern, saying that the escalating geopolitical situation is a concern for New Delhi because trade disruptions could potentially impact supply chains and fuel inflation, which has already breached the Reserve Bank of India’s (RBI)…
