India’s major and non-major ports recorded a nearly 2 per cent year-on-year decline in international maritime cargo volumes in April, as ongoing tensions in West Asia and disruptions around the Strait of Hormuz impacted trade flows.
Indian Prime Minister Narendra Modi delivered one of his strongest warnings yet on the state of the global economy, cautioning that the world risks losing decades of progress against poverty if ongoing crises are not urgently addressed.
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