Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 5.0
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 4.0
Article rating: 3.0
Article rating: No rating
Article rating: 4.5


World trade to grow at 4% in 2018: Economic Survey

Author: IANS/Monday, January 29, 2018/Categories: Economy

World trade to grow at 4% in 2018: Economic Survey

New Delhi, Jan 29 - The Economic Survey 2017-18 tabled in Parliament on Monday said that prospects for India’s external sector in this and the coming year "look bright with world trade projected to grow".

The survey presented by Finance Minister Arun Jaitley in Parliament projected the world trade to grow at 4.2% and 4% in 2017 and 2018 respectively from 2.4% in 2016.

"Export growth in 2016-17 was fairly broad based with positive growth in major categories except textiles and allied products and leather and leather manufactures," the survey said. 

"In 2017-18 (April-November) among the major sectors, there was good export growth in engineering goods and petroleum crude and products, moderate growth in chemicals and related products, and textiles and allied products; but negative growth in gems and jewellery."

As per the survey, the downside risks "lie in the rise in oil prices". 

"However, this could also lead to higher inflow of remittances which have started picking up," the survey said.

"The supportive policies like GST, logistics and trade facilitation policies of the government could help further."

Print Rate this article:
No rating

Number of views (125)/Comments (0)

rajyashree guha


Other posts by IANS
Contact author

Leave a comment

Add comment



Ask the Finapolis.

I'm not a robot
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest



The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free