Global trade to pickup in 2024 but ‘downward risks’ remain: WTO
Global trade body says volume of world merchandise trade should increase by 2.6% in 2024 and 3.3% in 2025 after falling 1.2% in 2023
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The Conversation: Rajesh Kumar Singh, Secretary, DPIIT
DPIIT is for expansion of its role with PLI and steering India’s industrial growth at a time FDI is on a decline and global trade is sluggish.
Hyperglobalisation era ends, but India, China global expansion may continue: Ex-CEA
China and India will continue to expand their global footprint in manufacturing and services, respectively, for some time, researchers led by Arvind Subramanian say
WTO slashes global trade growth forecast for 2023 to 0.8% from 1.7%
WTO says growth projections in global trade scaled back on a continued slump that began in Q4 2022
Global trade to slow down in 2022 and 2023: WTO
The WTO has cited global macroeconomic situations such as the Russia-Ukraine crisis, soaring energy prices, and monetary tightening in major economies to be among the reasons for the slowdown.
Advanced economies to recover by 2024, emerging ones to decline 5%: Gopinath
There happens to be a confluence of shocks hitting the world at a time there are very divergent recoveries in the world, says IMF's Gita Gopinath.
Global trade growth of 25% propped Indian exports in 2021
The overall value of global trade reached a record level of $28.5 trillion in 2021.
WTO proposes global e-commerce rules, tariff cuts
World Trade Report comes ahead of WTO's 12th Ministerial Conference in Geneva during November 30-December 3.
What Joe Biden brings to the table
It is expected that Biden's tenure will be very different from that of Trump's. But what exactly will change? And how much?
China’s road to recovery could be lengthier
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.
