The implications aren't too significant, given the size of Ukraine and its role in the global economy.
When industrial output and inflation fall simultaneously, though it is both a piece of good and bad news, taken together they can signal clear signs of an economic slowdown.
The rupee resumed higher at 61.75 as against the last closing level of 62.05 per dollar at the Interbank Foreign Exchange (Forex) Market and firmed up further to a one-month high of 61.53 before quoting at 61.59 per dollar at 1045 hours.
The world economy is going through a tough phase.
'There is no change in the overall story of economic recovery.'
Non-resident Indians (NRIs) are very positive about India
Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
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'India is doing better than when we took office 17 months ago'.
Park only savings that need not be touched for many years, says Devangshu Datta.
Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
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The rupee tumbled past 63.00 to the dollar, down about 2 per cent on the day and breaching the previous low of 62.03 hit on Friday despite a spate of measures in recent weeks by the central bank and government to defend it.
Modi cannot afford to fail the Indian people and in return the Indian people cannot fail Modi. There is too much riding on this equation for failure to be an option. There is too much invested in this relationship for it to splinter, says Vivek Gumaste.
Indian economy about to take-off
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
Indians all over the US are going beyond being human and are learning to be humanitarian and expand their philanthropy activities finds Ajailiu Niumai.
