Simplified Trade Finance
Last week Finance Minister Nirmala Sitharaman presented the union budget 2019-20 which was also dubbed as ‘budget of the decade’
The Economic Survey 2019-20 has likely raised industry expectations for the Union Budget 2020, due to be presented by Finance Minister Nirmala Sitharaman on 1st February.
Earlier this week, the International Monetary Fund (IMF) cut India’s FY20 growth forecast to 4.8% citing the domestic slowdown and NBFC crisis.
As Iran-US tensions steadily rose following the assassination of Qasem Soleimani by the US, global trade and international relations took a big hit.