India drops to 15th place in FDI rankings, as investment inflows drop by 43%: UNCTAD report

Jun 21, 2024, at 05:11 am

New Delhi: India dropped seven places to 15th in the 2023 World Investment Ranking as foreign direct investment (FDI) inflows decreased by 43% to $28 billion, according to a report by the United Nations Conference on Trade and Development (UNCTAD) released on June 20.

Lack of widespread vaccination in developing countries leads to losses for tourism sector

Jul 02, 2021, at 10:39 pm

New Delhi/UNI: Developing countries have borne the biggest brunt of the COVID-19 pandemic’s impact on tourism, and South Asia is one of the world's most affected regions.

Trade in many developing countries projected to ‘nosedive’, warns UNCTAD

Jun 17, 2020, at 09:40 am

New York/IBNS: Trade in many developing countries is expected to take a “nosedive” in the second quarter of 2020, owing to the unprecedented effects of the coronavirus pandemic, UN economists said on Tuesday.

COVID-19 impact: Recession to hit developing nations, may spare India and China, says UN report

Mar 31, 2020, at 06:32 pm

New York/IBNS: The world economy will go into recession this year with a predicted loss of global income in the trillions of dollars, causing serious trouble for developing countries, with the likely exception of China and the possible exception of India, as per a UN trade report released on Monday.

Coronavirus could cut global investment by 40%, new estimates show

Mar 31, 2020, at 06:19 pm

New York/IBNS: A new UNCTAD analysis of how the coronavirus pandemic will affect global foreign direct investment (FDI) prospects shows that the negative impact will be worse than previously projected on 8 March.

Global creative economy shows resilience, growth: Report

Jan 15, 2019, at 10:03 am

Washington, Jan 15 (IBNS): With export growth rates of over 7% over 13 years, global trade in creative goods is an expanding and resilient sector buoyed by China, according to a new UNCTAD report.

Trade wars and protectionism threaten global shipping, warns UN agency

Oct 04, 2018, at 07:41 am

New York, Oct 4 (IBNS): Maritime trade is stronger than it’s been for five years, but “tit-for-tat” tariff battles and restructuring by shipping companies threaten to disrupt its role as a key player in global commerce, the UN said on Wednesday.