BY NITIN KUSHWAHA

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During all this, India’s concerns have also increased amid the scare of a third World War. It will have a huge impact on the Indian economy.

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Inflation

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Exchange rate

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Auto sector

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Ukraine requests PM Modi to intervene and hold talks with Russian President Vladimir Putin

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BY NITIN KUSHWAHA

How Russia-Ukraine War will affect Indian Economy?

During all this, India’s concerns have also increased amid the scare of a third World War. It will have a huge impact on the Indian economy.

Inflation

The war between Russia and Ukraine is expected to increase inflation in India.The increase in oil prices will also affect the freight movement and due to this the food items like vegetables, fruits, pulses, oil, etc. are all likely to be expensive.

Exchange rate

Exchange rate

If the Russia-Ukraine war continues, the exchange rate will also be affected as the rupee may depreciate further. India's total trade spending will also increase due to the impact on the exchange rate.

Auto sector

Auto sector

The impact of the war will also be seen on the metal sector as India has a good amount of metal exports from Russia. If there are more sanctions on Russia and metal imports are banned then it can be a big problem for India.

Ukraine requests PM Modi to intervene and hold talks with Russian President Vladimir Putin