The Department of Economics organized a guest lecture on ‘Global Economic Situation’ by Prof V Upadhyay on 28th September, 2018 in the A.V. Hall from 11.15 am onwards. Prof Upadhyay began the lecture by talking about the international dimensions which donot depend on local conditions but on global issues. These global dimensions are crude oil prices, foreign exchange rate, etc. India is at the third position in terms of oil imports and consumption and is also a growing economy.