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Latest Articles in global trade

The Middle Classes Have Become Hollowed Out: Nobel Laureate Prof. Abhijit Banerjee

On an exceptionally clear afternoon in August, Manish Kumar Jha of BW Businessworld sought him out in the capital during a visit to India and picked his mind on the state of the Indian economy, India’s privatization programme and the need for centres of excellence in academia which is lacking in advance and cutting edge R&D. The discussion centered on the inflation--rise in prices of consumer products; a “realignment of the market” as it adjusts to the growing inequality among consumers. He advocated injecting more liquidity into the economy. He did not consider the Indian economy to be “unusually closed” in the perspective of the developed West or China. And let the “rupee slide” to promote Indian exports, among other things. Excerpts:

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Steel Prices Unlikely To Soften In H2FY22: BWR

The prices of Hot/Cold Rolled Coil (HRC/CRC) prices recently were revised upwards by around Rs 5,000 per tonne, to Rs 70,000 and Rs 83,000 per tonne

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East Asian economies drive global trade recovery: UNCTAD

East Asian economies drive global trade recovery: UNCTAD

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World Trade Rebounding Slowly, Outlook Uncertain - UN report

Global trade recovered somewhat in the third quarter, when it was estimated at about 4.5% less than in the same period a year ago, the agency said in its latest update.

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India will drive global trade post-Covid-19: DP World chief

India will drive global trade post-Covid-19: DP World chief

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Sovereign interests of India, US must be mutually respected for successful global trade: Piyush Goyal

Sovereign interests of India, US must be mutually respected for successful global trade: Piyush Goyal

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WTO's Goods Trade Index Hits Record Low Amid COVID Disruptions

The WTO estimated last month that world merchandise trade could decline between 13% and 32% this year, depending on the duration of the pandemic and the effectiveness of policy responses.

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A-Pac Airlines Profitability Declined In CY19 Due To Competition, Global Trade Tensions

Passenger revenue increased by 1.5 per cent to 167.1 billion dollars as regional economic expansion supported growth in both leisure and business travel markets

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China Encourages Export Goods Sales Domestically As Virus Batters Global Trade

China's overseas shipments fell 17.2% in January-February from the same period a year earlier, marking the steepest fall since February 2019. Imports sank 4% from a year earlier.

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China's Factories Reopen, Only To Fire Workers As Virus Shreds Global Trade

China's urban jobless rate hit 6.2% in February, up one percentage point from the end of 2019, and a record since the statistics bureau started publishing the data in early 2018.

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India Forecasts Faster Economic Growth, Warns Of Fiscal Challenge

The budget deficit for the upcoming fiscal year may need to exceed this year's target of 3.3% of gross domestic product, the government said in an economic survey.

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Key Highlights Of Economic Survey 2019-20

Let's look at the key highlights of the Economic Survey 2019-20.

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World Bank Trims 2020 Growth Forecast Amid Slow Recovery For Trade

Global trade growth is expected to improve modestly in 2020 to 1.9 per cent from 1.4 per cent in 2019, which was the lowest since the 2008-2009 financial crisis.

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Sensex Logs 5th Straight Day Loss As Rupee Woes Continue

BSE Sensex continues its loosing streak for 5th straight day to end at 38, 157.92 level amid rising crude oil prices, falling rupee and ongoing global trade tiff

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Rupee Touches New All-Time Low Of 71.37, Drops 16 Paise Against US Dollar

Continuing its loosing streak, Rupee nosedived from its previous close of 71.21 on strong demand for US dollar from importers and capital outflows

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