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WTO forecast for 2023 of just 1% trade growth reflects challenging times ahead both for global trade and economy facing unprecedented inflation: Ajay Sahai
By Nimesh Vora MUMBAI (Reuters) - The Reserve Bank of India has been selling dollars in the non-deliverable forward (NDF) market via local banks based...
By Nimesh Vora MUMBAI (Reuters) - The Reserve Bank of India has been selling dollars in the non-deliverable forward (NDF) market via local banks based...
Citing the deteriorating global scenario, the World Bank downgraded India’s GDP forecast for the current fiscal to 6.5 per cent. In June 2022, it had projected that Indian economy will grow at a rate of 7.5 per cent.
QuantEco Research said notwithstanding the moderation in international food prices, risks to domestic food inflation remain elevated on the back of low Kharif output, festive demand, decline in acreage for pulses, and intense rainfall in some states