India’s Merchandise Export Sinks By 3.52% In September; Now At $32.62 Billion
India’s monthly exports in September stood at USD 32.62 billion, which is 3.52% lesser compared to USD 33.81 billion in September 2021, according to government data. However, India has seen a rise in the merchandise exports during April to September 2022 compared to that of previous year’s. India’s merchandise exports stood at USD 229.05 billion during April to September, which is 15.54% higher compared to USD 198.25 billion last year.
Tags: Export, Merchandise Exports, India’s Export, World Trade, GDP
Companies Suffering Due To China's Stern Zero-COVID Policies
Due to China's Zero-Covid policy and country rules, have left hundreds of cargo ships stranded on the ports which impacts freight costs and global inflation. Maersk said it will perceive a rise at an unexpected level. Freight charges increase it could cause a negative impact on economy. Many companies are bearing the brunt of China's stern COVID policies. Global inflation and the closing down of business are looming threats.
Tags: Zero-Covid policy, Global Economy, World Trade, Maersk, China