Tag: Global Trade

Mumbai: Caution ahead of key macro-economic data points, along with investors’ fears over the rise in global trade protectionist measures subdued the key Indian equity indices on Friday. According to analysts, a weak Indian rupee, coupled with consistent outflows of foreign funds as well as volatile crude oil prices dampened investors’ sentiments. Index-wise, the Nifty50 […]

Geneva: World Trade Organization (WTO) Director-General Roberto Azevedo has outlined economic and systemic threats posed by growing tensions in global trade and called on “everyone who believes in trade as a force for good” to speak up in its defence. “Members are well aware of the growing crisis in global trade. Tensions are growing. New […]

New Delhi: India’s overall global trade has increased by 16.32 per cent in 2017-18. According to the Department of Commerce, the overall trade last fiscal increased to $767.9 billion from $660.2 billion in 2016-17. “India’s global trade has risen from USD 660.2 billion in 2016-17 to USD 767.9 billion in 2017-18(P),” the Department of Commerce […]

New York: The US dollar declined on Friday as investors monitored global trade prospects and digested the manufacturing data. The seasonally adjusted IHS Markit Flash US Manufacturing Purchasing Managers’ Index (PMI) registered 50.6 in May, down from 52.6 in April, marking the lowest level since September 2009, data from the research firm showed on Thursday. […]