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The tensions between Russia and the US-NATO in the past few weeks and the Russian military attack on Ukraine have sparked a big increase in international oil prices. The oil prices have surged and they stood over 100 dollars a barrel and gas prices have escalated by 62 per cent. This is going to have a direct impact on fuel prices and thereby inflation in India.

I never tire of recalling what Joseph Schumpeter, one of the greatest economists and scholars, wrote in his monumental tome: The nearer we are to an epoch the less we understand. Our own we understand the least. It is too early to make an assessment of Russia’s Ukraine war and its implications on the country’s polity and economy. But already some clues are visible.

The massive victory achieved by Trinamool Congress in the latest elections to 108 civic bodies in Bengal covering all the districts is a continuation of the trend which was evident at the assembly elections in 2021.In all the subsequent elections held in the state, first Kolkata Municipal Corporation, then polling in four leading corporations of the state and finally in the remaining urban bodies on February 27.- all the results show a continuing consolidation of the TMC among the electorate marginalising the rival parties the BJP, the Left Front and the Congress.TMC got 102 civic bodies out of the total of 108 while the Left Front got one, the independent Hamro Party got one Darjeeling and in four civic bodies, no party got majority with the presence of independents.

New Delhi: Higher ranked Indian Ramkumar Ramanathan will take on Denmark's Christian Sigsgaard in the opening singles match of Davis Cup World Group Play-off 1 at the Delhi Gymkhana Club here on Friday.

New Delhi: Krrish Pal commenced Indian campaign with a win beating Uzbekistan’s Sobirjon Tastanov in the 46kg junior category at Asian Youth & Junior Boxing Championships in the opening round match in Amman, Jordan on Wednesday.

Aamby Valley, Maharashtra: Hitaashee Bakshi carded superb bogey free 67 to lead after the first round of the fourth leg of the Hero Women’s Pro Golf Tour at the Aamby Valley Green Course on Wednesday.

New Delhi: Non Playing Captain Rohit Rajpal on Wednesday opined that India has the home advantage against Denmark in the Davis Cup World Group Play off tie to be played at the grass court of Delhi Gymkhana Club on here on 4th and 5th March.

Kanpur: Tamil Nadu Grandmaster D Gukesh defeated former national champion Abhijeet Gupta (PSPB) in the penultimate round to share lead with overnight sole leader second seed Arjun Erigaisi of Telangana, at the 58th edition of Senior National Chess Championship at Ganges Club, here on Wednesday.

Every third child in India continues to be undernourished, and a correlation exists between undernutrition rates with lower education rates and poverty. Moreover, the urban poor, in particular, remain highly vulnerable, despite numerous programmes being implemented, such as Poshan Abhiyan, Anganwadi services under ICDS, and mid-day meal for school children et al.

Recurrent lesson in Russian history is that the top guy in the Kremlin is toast if he loses a war or a high stakes geopolitical gamble. In 1962, Nikita Khrushchev, Cuban missile crisis gamble against JFK backfired and he was booted out from the Politburo by his fellow oligarchs two years later. Tsar Nicholas's armies were gutted by the Germans at the battle of Tannenberg in 1915 and his generals forced him to abdicate the imperial crown in February 1917.