Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.
Regular investment in gold-linked financial instruments will safeguard against price fluctuation and do away with storage cost.
A top leader of the Communist Party of India -Maoist has gone missing and the organisation suspects that he is in the custody of special investigations bureau of Andhra Pradesh police.