With the limited exception of individuals working in "essential" sectors, all such trade that relies on the cross-border movement of individuals has effectively come to a halt
Opening up India's market to neighbouring countries can be as strategic as access denial to others. The game should be played both ways, even if it upsets domestic business lobbies, writes T N Ninan
The CII asks for policies to increase the country's share in the global merchandise trade by 2025 to 5 per cent from 1.7 per cent and in services export to 7 per cent from 3.5 per ent.
The country will back candidates in favour of having a global trade facilitation pact for services, ensuring food security in poorer nations, and committing to talks on developmental issues
After a record slump early in the year, China's economy rebounded more than expected in the second quarter
Leading economist and former RBI governor warns of 'enormous bankruptcies' in US and Europe.
International trade volume shrank 3% in Q1, annual forecast close to 13% fall
China appeared to have 'fared better' than other major economies, with exports growing by 3% in April
The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty
The highest sailing cancellation since the Covid-19 outbreak was in February, registering a spike of 105 cancellations across Trans-Pacific, Asia-Europe, and the Mediterranean trades.
The global body's goods trade barometer (GTB) on Wednesday hinted at further weakening of trade volumes in H2CY20.
The downturn is expected to accelerate in the second quarter, with global trade projected to record a quarter-on-quarter decline of 27%
Drop in world commerce might be biggest since the Great Depression
While valuations are attractive, disruption will keep volumes muted
While valuations are in the attractive zone, disruption would keep near term volumes muted
As Indian equities enter the bear market zone, experts urge investors not to make lump sum investments as stocks haven't bottomed-out yet
Situation to worsen as estimates don't take into account coronavirus outbreak
The official of the Securities and Exchange Board of India said that liquidity is an important benchmark
Tariff wars are among the three serious challenges to global trade.
Structural reforms are much less about privatisation, land, and labour, and more about expanding the scope of private enterprises and allowing them to be more competitive and productive