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09 Nov 2024

Govt Eases Norms For Customs Cargo Service Providers To Boost Global Trade

Customs Cargo Service Providers (CCSPs) were required to insure goods stored in Customs areas for a period of 10 days in terms of Handling of Cargo in Customs Areas Regulations, 2009.

15 Jun 2022

DNA: Understand from Anil Singhvi how to beware of economic slowdown?

The world is going through a period of fear of economic slowdown. To understand the situation, Sudhir Chaudhary, Editor-in-Chief of Zee News spoke to Anil Singhvi, Managing Editor of Zee Business. Understand what is economic slowdown and what should the common man do to avoid its effects.

16 Jun 2022

DNA: Is world heading towards economic recession?

Inflation and economic slowdown are moving towards us on a fast pace. We should be careful before our income gets reduced and expenses double-up. Inflation is at its peak not only in India but also in America, Britain and Germany.

15 Jun 2022

DNA: Why is inflation increasing in the world?

The negative trend of rising inflation is being seen all over the world. The big question is why is this happening? So the reason for this is the interest rates increased by the central banks.

World Trade Organization

01 Oct 2019

WTO slashes forecast for trade growth as conflicts mount

The WTO said it now expected global merchandise trade to increase by 1.2% this year, compared with its April estimate of 2.6%. That growth was 3.0% in 2018. For 2020, growth 2.7% is forecast, down from a previous estimate of 3.0%.

19 Nov 2018

Reforms needed in WTO to support better global trade order: Suresh Prabhu

Prabhu said that without WTO, trade, economy will not expand as it is the only organization dealing with global rules of trade between nations.

International Monetary Fund

19 Mar 2018

IMF chief Christine Lagarde warns 'no winners' in trade wars

She said the global economy is in good shape, with 3.9 per cent growth projected this year as well as higher levels of investor confidence.

Wassenaar Arrangement

08 Dec 2017

'Entry into Wassenaar Arrangement will give access hi-tech weapons market'

An entry into the Wassenaar Arrangement is expected to facilitate high technology tie-ups with Indian industry and ease access to high-tech items for the country's defence and space programs, the Ministry of External Affairs said.

Wassenaar Arrangement

08 Dec 2017

India becomes 42nd member of Wassenaar Arrangement - group controlling global trade of conventional weapons

India on Thursday became a member of the Wassenaar Arrangement, that controls the global trade of conventional weapons and dual-use goods and technologies.

21 Sep 2017

WTO says global trade rebounding, sees 2017 growth of 3.6%

The rapid acceleration was due to last year`s low base, a resurgence of Asian trade flows and recovering North American import demand.

05 Jun 2017

World Bank keeps 2017 global growth forecast at 2.7%

World Bank on Sunday maintained its forecast for global growth in 2017 and 2018 unchanged at 2.7 percent and 2.9 percent, respectively, as manufacturing and trade are picking up and confidence is improving.

05 Sep 2016

G-20 pledge to roll back protectionist measures by 2018-end

G-20 leaders, including those from India, the US and China, Monday promised to roll back protectionist measures by 2018-end and ensure rule-based and transparent multilateral trading system with WTO for global growth.

05 Sep 2016

G20 determined to combat 'populist backlash' on trade: IMF

G20 leaders resolved to combat a "populist backlash" against global trade, and highlight the benefits it has brought including lifting millions out of poverty, IMF's Christine Lagarde said Monday.

07 Apr 2016

WTO cuts 2016 global trade forecast to 2.8% on China slowdown

In September, the WTO estimated that global trade would rise by 3.9 percent this year, but lowered that projection to 2.8 percent, in an updated forecast.

07 Apr 2016

India for logical conclusion of DDR; open to joining APEC: FM

As one of the fastest growing economies, India views global trade as win-win option and favours "logical conclusion" to the Doha round as also being open to the idea of joining the APEC, Finance Minister Arun Jaitley said on Thursday.

09 Mar 2016

China behind global trade slowdown in 2015: World Bank

The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said Wednesday.

15 Dec 2015

WTO meet starts; India, China press for Doha round conclusion

Trade ministers of as many as 47 countries, including India, China and several African nations, Tuesday asked the WTO members to "redouble" efforts to conclude pending issues of the long-stalled Doha Round.

09 Oct 2015

Commerce Ministry trying to improve exports of all commodities

The Commerce Ministry was giving "importance" to overall industrial development and was trying to improve exports of all commodities, its Minister Nirmala Sitharaman said Friday.

30 Sep 2015

WTO lowers global trade growth forecast to 2.8% for 2015

Multilateral body WTO Wednesday lowered its trade growth forecast to 2.8 percent from 3 percent for this year due to falling import demand and lower commodity prices in the global market.

03 Aug 2015

India Ratings retains negative outlook on shipping sector

Citing weak global trade growth and persistent overcapacity, India Ratings and Research (Ind-Ra) has maintained a 'negative-to-stable' outlook for the shipping sector for the current financial year.

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