• Dr. Pravin Hiraman Tamgadge

Abstract: Russia conflict has adversely affected India ‘s economy is through its negative consequences on trade. India sources resources like coal, oil, natural gas and other commodities such as steel, cotton and wheat from Russia, and imports highly valuable energy sources such as nuclear fuel from Ukraine. The war between Russia and Ukraine has led to disruption in these trade rotations due to increased tariff rates and sanctions, leading to higher prices and diminished availability of these commodities in India. This has, in turn, had spiralling effects on people ‘s economic well–being and resources. Similarly, the war has also hindered access to reliable and inexpensive communication systems, as the Russian–Ukrainian region contains most of the submarine communication cables in the world that form the backbone of the internet. These cables are essential for the proper functioning of global information technology networks and services, and the war has had serious repercussions on download and upload speeds, data security and other internet–driven services. This has also directly impacted the process of international trade, and has been an issue for India given its reliance on online software and service for conducting business.

Crude oil, inflation Energy Crisis, depreciation, Investment, Defence.

"“EFFECTS OF UKRAINE AND RUSSIA WAR ON INDIAN ECONOMY.”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 11, page no.a280-a285, November-2023, Available :http://www.jetir.org/papers/JETIR2311040.pdf

"“EFFECTS OF UKRAINE AND RUSSIA WAR ON INDIAN ECONOMY.”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 11, page no. ppa280-a285, November-2023, Available at : http://www.jetir.org/papers/JETIR2311040.pdf