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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | Repercussions of Russian-Ukraine War on Indian Economy |
| Authors Name: | SIMRAN NAIN |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_201338
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| Published Paper Id: | IJNRD2307191 |
| Published In: | Volume 8 Issue 7, July-2023 |
| DOI: | |
| Abstract: | The raging war between Russia and Ukraine is a crucial debacle for all the comprehensive economies around the globe. India being the second largest importer of Russian goods was bound to experience some trembling shocks. The primary goal of this paper is to evaluate the after effects of the war on the Indian economy. The ongoing military conflict between the two nations has detrimental adverse effect on all the leading nations’ economic expansion and price volatility. In general, Russia and Ukraine are the two biggest producers of goods, but Brent crude oil is their specialty and consequently the prices of oil would apparently increase. A spike in the costs of foods items particularly the wheat will be experienced as both Russia and Ukraine export around 30% of the global supply. Global trade and finance will definitely be affected by the restrictions imposed on Russia’s supply chain networks. The main cause of concern for the Indian economy is the effect of commodities notably energy sector and the alleviating strategies by which Indian economy can get through this situation of geopolitical crisis. |
| Keywords: | Russia, Ukraine, war, Indian economy and inflation |
| Cite Article: | "Repercussions of Russian-Ukraine War on Indian Economy", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 7, page no.b805-b809, July-2023, Available :http://www.ijnrd.org/papers/IJNRD2307191.pdf |
| Downloads: | 000118757 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2307191 Registration ID: 201338 Published In: Volume 8 Issue 7, July-2023 DOI (Digital Object Identifier): Page No: b805-b809 Country: Sonepat, Haryana, India Research Area: Commerce Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2307191 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2307191 |
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