Global trade is expected to decline in volume, the ministry said. India’s exports may see tepid growth this year as the country’s major export markets are forecast to decline sharply in 2023, the government said.Growth of global trade fell in 2022, “and is expected to be still lower in 2023 with a further decline in volume and value of trade on the back of slowing global output,” India’s Ministry of Finance said in monthly economic report.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)Featured Video Of The DayRBI Proposes Allowing All Inbound Travellers to Use UPI for Merchant Payments in India
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