World Trade News

Economy

WTO backs India's proposal to cut remittance cost: Developing countries to benefit most; vantage for UPI, say economists

WTO backs remittance cost cut: Reduced transaction costs for trade and business can make Indian businesses more competitive, contributing to overall growth. Lower costs could incentivise formal money transfer channels, potentially reducing reliance on informal methods.

4 min read28 Feb 2024
Economy

Global economy will rack up a sorry record by the end of 2024: World Bank report

Global trade in goods and services grew by a meagre 0.2 per cent in 2023, marking the slowest expansion outside of global recessions in 50 years.

3 min read10 Jan 2024
News

The Best of Frenemies: Saudi crown prince clashes with UAE President

The Saudi leader has pulled away from his former mentor as they compete to dominate the Gulf, where U.S. power has waned

11 min read19 Jul 2023
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Specials

What Makes Putin and the World’s Autocrats So Resilient?

Regimes are cooperating more closely to withstand diplomatic pressure from the West

6 min read3 Jul 2023
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Videos

India-Russia: Untold Story of Thriving Trade Partnership | Mint Explains | Mint

India’s imports from Russia have stayed under five times its exports to the country, with the ratio touching 4.1 in 2017-18, previously the highest under the Narendra Modi government. But in 2022-23 till January, imports have been 15 times the exports .In this video how russia becoming India's fifth-biggest trading partner and the significant shifts in both imports and exports

31 May 2023
Videos

India-UK Free Trade Agreement: A Win-Win Outcome? | Mint Explains | Mint

As the eighth round of India-UK free trade agreement (FTA) discussions approaches, the question on everyone’s mind is how close are we to the endgame? The proposed trade deal with the UK presents an exciting opportunity for India on both economic and geopolitical fronts. However, bargaining on political ideologies must not get in the way.

8 May 2023
Economy

World Trade data begin to show early signs of ‘reglobalization’

The global trading system is undergoing tectonic shifts that will reorient international supply chains for decades to come. Here are eight indicators to watch to help understand the implications of this new era of geostrategic economics

3 min read7 May 2023
Opinion

Export March

Taken together, our exports reached roughly $770 billion, as declared by the government, up from $676 billion in 2021-22

1 min read14 Apr 2023
News

Violence against Muslims in India is a ‘fallacy’, says Nirmala Sitharaman

‘Have the deaths been disproportionately high in any one particular community?’ asked Nirmala Sitharaman.

2 min read11 Apr 2023

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