Sudden escalation of trade tensions sends shockwaves through global economy

Sudden escalation of trade tensions sends shockwaves through global economy

Tariff-driven price pressures are adding to inflation risks, leaving trade-dependent economies particularly vulnerable. Higher tariffs and shifting trade policies are threatening to disrupt global supply chains, raise production costs, and delay key investment decisions – all of this weakening the prospects for global growth. General slowdown The economic slowdown is widespread, affecting both developed and […]

Stuck in the middle? Indebted nations plot path to growth amid global trade upheaval

Stuck in the middle? Indebted nations plot path to growth amid global trade upheaval

The High-Level Conference of Middle-Income Countries (MICs), held on 28 and 29 April, was attended by senior representatives from 24 MICs, many of which are highly indebted, leaving them little room for spending on developing their economies. Since 2000, only 27 countries transitioned from middle income to high-income status, and many have experienced reversals back […]

India Signed Air Services Agreements or Drafts with 114 Countries So Far

India Signed Air Services Agreements or Drafts with 114 Countries So Far

India has so far signed and initiated Air Services Agreement with 114 countries and latest one was with Rwanda, signed on 20th February 2017 at Kigali, informed Minister of State for Civil Aviation Jayant Sinha in written reply to a question in Lok Sabha on Wednesday. The Air Services Agreements between India and other countries […]

Japan Seeks India to Resolve Transfer Pricing Issue First

Commerce and Industry Minister Nirmala Sitharaman held talks with the visiting Japanese delegation led by Hiroshige Seko, Minister, Ministry of Economy Trade and Industry (METI) where the Japanese side raised the Transfer Pricing issue that has remained contentious between the two sides for long. Japanese side said India should address the complaints raised by the […]