The World Bank has urged developing nations to ease foreign direct investment (FDI) restrictions and strengthen global cooperation, as FDI inflows fell to their lowest level since 2005 amid rising barriers and economic uncertainty. While India remained among the top recipients with US$ 28.1 billion in 2023, the report highlights...
India’s economy is expected to grow at a slower pace in the coming years, but it remains the fastest among major economies, according to the World Bank’s June 2025 Global Economic Prospects report. Weighed down by weaker exports and rising global trade barriers, India’s GDP growth forecast for FY26 has...
The World Bank and other economic experts warn that proposed US tariffs, including a 10% global levy and specific duties on Chinese, Canadian, and Mexican imports, could hinder global economic growth. These measures, coupled with potential retaliation from trading partners, could lead to a broader economic downturn, especially for developing...
Dr. Basanta K. Sahu, IIFT, agrees that the dynamics of trade have drastically changed and COVID-19 presents an opportunity to explore new trade partners, markets and products. India should explore new markets, particularly in Africa and Southeast Asia through favourable trade agreements. Also, India’s production advantages in food products provide...
Dr Sunitha Raju, IIFT, explains why India has high potential to improve trade post-COVID, given prospects of faster recovery in advanced economies and high income elasticity of its exports. Moreover, India has the singular advantage of a large domestic market as compared to other developing economies, which can be leveraged...
International remittances have been a very important engine of economic growth for Indian economy as it is the highest recipient of remittances in the world. Peculiarly known to be immune to economic hardships, these counter-cyclical flows have been buoyed by the virus as estimates suggest that international remittance flows will...
The onset of COVID-19 has exposed the perils of an overdependence on Chinese manufacturing to nations and corporations across borders. This is being viewed as an invaluable opportunity for other nations to emerge as alternate manufacturing destinations. India Business & Trade takes a look at the current dynamics of global...
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