INSUBCONTINENT EXCLUSIVE:
The Russia-Ukraine conflict will make coal, fuel, cooking gas and edible oil costlierThe ongoing Russia-Ukraine conflict will push energy
and edible oil prices higher in India and, in turn, push up inflation, which is already above the upper end of the RBI's target.India
imports nearly 80% of its oil needs and faces the risk of inflation hitting consumer demand as global crude prices rose above $100 a barrel
rise after those elections unless the government decides to absorb those costs.Edible oil will get costlier: There will be a jump in edible
gas bill and eat into your monthly budget
Electricity charges will also rise on higher coal prices.Travel and transportation costs will rise: Energy prices are directly proportional
to global crude costs and, in a spiralling impact, will push up the prices of all products, such as vegetables, fruits and consumer
