Global Trade

Goldman Sachs warns Iran conflict could slow global growth, stoke inflation

Under its baseline forecast, Goldman expects oil prices to increase a bit further before moderating to $76 per barrel on average in the first quarter of 2026 and $65 in the fourth quarter

Managing the fallout: West Asian conflict can be challenging for India

Oil imports account for 3.1% of gross domestic product, and according to Nomura, every 10% rise in oil prices worsens India's current account by 0.4 percentage point

Tariffs run into legal troubles but will remain at core of Trump's agenda

The US Supreme Court's tariff ruling dents Donald Trump's leverage, reshaping global trade talks and placing India in a relatively stronger negotiating position

India-US trade in context: How it compares with the EU, China and others

India and the US have announced a trade deal to ease tariffs. Here's how the India-US trade relationship compares with India's major partners and the world's largest trade corridors

A world remade by rivalry: Each country must chart its own future

As the rules-based order fractures, geopolitics, minerals and energy rivalries are reshaping climate action, trade, and the future of global cooperation

Economic Survey 2025-26: External environment likely to remain volatile

For India, this could mean tougher competition for investment, slower growth in global trade volumes, and greater sensitivity of external flows to policy and geopolitical developments

The Economic Survey's global outlook: A world that has structurally changed

Economic Survey 2026 says India is better placed than many economies due to strong macro fundamentals, but warns these buffers will not fully insulate it from global volatility

Market signals: Global factors will continue to drive stock markets

Indian investors are in a difficult spot, given the uncertainty. In January to date, the benchmark Nifty saw a small correction of around 3.3 per cent after gaining 9.8 per cent in 2025

'A spirit of dialogue' at WEF, Davos, amid Trump's unilateralism

As donald trump completes one year of his second term, the world economic forum at davos opens amid rising tariffs, geopolitical fragmentation and a renewed push for global dialogue

Cloudy skies over US-EU trade deals: India prepares for headwinds

Amid political turmoil in the US and EU, India's hopes of quick trade deals face growing uncertainty, calling for realism and preparation for worst-case scenarios

Best of BS Opinion: Duopoly risks, urban woes and global disruptions

From Vodafone Idea's AGR moratorium and concerns over telecom duopoly to urban governance failures, global trade disruptions and India's openness to capital, here is today's opinion newsletter

Localising economy, well-being of majority key to resilient communities

Tariffs have been weaponised. They are now tools for reconfiguring global trade and foreign policy

2025: When multilateralism weakened, but global trade remained resilient

In 2025, multilateral trade rules weakened as the US raised tariffs, yet global trade stayed resilient, led by strong supply chains, China's leverage and India's adaptive policy response

The great trade balancing act: India weathers US tariffs, diversifies trade

One lesson India learnt the hard way in 2025 was the danger of excessive dependence on the US market

Why 2026 is poised to be another rocky year for global trade flows

Houthi attacks in the Red Sea have largely subsided since the Gaza peace plan took effect in October, making the old route more appealing

How 2025 turned global trade into a test of endurance, not just rules

The US is redefining global trade policy landscape

Exim matters: US reform proposals challenge WTO's basic principles

US proposals to reform the WTO question core principles like MFN and special treatment for developing nations, deepening divisions and raising doubts over the future of rules-based trade

Global trade getting weaponised through tariffs, says Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said global trade is increasingly "getting weaponised" through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage. "Trade is getting weaponised through tariff, through many other measures and India will have to negotiate its way carefully in this, and not just take care of tariff but I think overall our economy strength is what is going to give us that additional advantage," Sitharaman said at Times Network's India Economic Conclave 2025. She said that globally it is now "very clear" that trade is not free and fair. "India can be lectured saying you (India) are very inward-looking, you are a tariff king and so on. But tariff has been weaponized," she said adding India's intention was never to weaponise tariffs. India, she said, only safeguarded its domestic industries against flooding which happens from a ...

Datanomics: Brics, SCO gain ground, but G7 holds the edge in GDP and trade

Putin questioned G7's economic dominance, as new data shows BRICS and SCO nations overtaking the bloc in global GDP share under purchasing power metrics

A new book reviews the global history of how capitalism took over the world

Sven Beckert's sweeping global history reframes capitalism as a centuries-long, often violent world-making force - rich in detail, ambitious in scope, and certain to provoke debate