How Russia and Ukraine Crisis is Affecting Indian Market:
Ukraine and Russia are two countries that border each other in Eastern Europe. On February 24, 2022, Russia sent its army into Ukraine and began trying to take over the country by force.
This invasion surprised many people, as it was the first major war in Europe for decades. But Russia and Ukraine have had a difficult relationship for centuries.
As the Ukraine-Russia conflict intensifies, it may have an impact on Indian economy’s growth. The economic sanctions imposed on Russia will impact Indian companies. Defence, tea exports, steel, coal, pharmaceuticals, fertilizer, Fuel, cooking gas, sunflower oil, automobiles, petroleum products, gold, precious stones and metals sectors are set to become expensive in days to come.