Skip to main content

Featured

Pricey vegetables bring tough time

We agree that the most recent difficult time for the common people was brought on by more expensive vegetables, which made them reflect on what our beloved everyday precious life now entails. The surprising circumstance has become a difficult period to endure. Due to several circumstances, vegetable prices are currently high in several places, including Kanpur.  Various common vegetables are now less available and more expensive because of supply chain disruptions, particularly those caused by the rainy climate. Media do not fail to report that rising vegetable prices are practically putting pressure on household finances, particularly for those with lower incomes. Prices for vegetables vary based on terrain and local market conditions, even though they are often pricey. According to the Economic Survey 2024–25, unfavourable weather conditions, such as unexpected rainfall and prolonged heatwaves, have impacted crop output and created supply shortages, which have forced prices high ...

Does Rupee continue to depreciate?


Our currency continues to depreciate, according to recent headlines. The rupee plunged over 50 paise reportedly to move past the psychologically crucial 87 to the Dollar mark on heavy month-end importer demand for Dollars. For some market groups, particularly Non-Resident Indians (NRIs) wishing to invest in the country, the rupee's depreciation offers good chances in addition to major problems. 

When the INR depreciates, it becomes very profitable for foreign nations to import commodities from India. As a result, exports also become more affordable. Short-term effects of a devaluation typically include stronger growth, inflation, and an increased market for foreign exports.

We have consistently observed rupee devaluation alone, which is a relatively difficult concept to comprehend, but it certainly appears that awful days will ensue from such a poor circumstance.

When the INR devalues, it becomes very profitable for foreign nations to import goods from India, which lowers the cost of exports. Short-term effects of a devaluation typically include stronger growth, inflation, and rising demand for foreign exports.

Has our political appeal increased before this recent wave of depreciation? That sort of standing persists making the financial situation slightly worse. Attempts to control this type of situation have always failed miserably.







 

Comments

Popular Posts