Day: May 15, 2023

May 15

Know about Pricing Transfer Factors in Multinational Business System

As companies expand globally, they often operate as a part of a larger multinational business system, consisting of various subsidiaries and affiliates in different countries. One of the challenges of operating within this system is setting prices for goods and services that are transferred between these different entities. This is where the concept of transfer pricing and transfer factors come into play. Transfer pricing is the practice of setting the price for goods and services that are sold between different Read Full Details…

May 15

Know about India’s Dynamic Trade Policy Created History in Foreign Trade

India has long been a hub of international trade and commerce, dating back to ancient times when it served as a major trading center for spices, textiles, and other goods. Today, India is one of the world’s fastest-growing economies and a major player in the global trade landscape. The country’s dynamic trade policy has been a key driver of this growth, allowing Indian businesses to expand their reach and compete on a global scale. Over the past few years, India’s Read Full Details…

May 15

Why UAE is India’s second biggest export destination?

The United Arab Emirates (UAE) is India’s second biggest export destination, accounting for about 9.2% of India’s total exports. The two countries have a strong economic relationship, with bilateral trade reaching $60 billion in 2020-21. The reasons behind this strong trade relationship and why UAE is such an important market for Indian exports : One of the main reasons for the strong trade relationship between India and the UAE is their geographical proximity. The UAE is located at the crossroads Read Full Details…

May 15

The World Economic Outlook as of May 2023

The global economy is facing a mixed outlook in May 2023, with several key factors affecting growth prospects for the year ahead. The ongoing COVID-19 pandemic remains a major concern, while issues such as inflation, supply chain disruptions, and geopolitical tensions are also impacting economic performance around the world. The International Monetary Fund (IMF) has revised its global growth forecast for 2023, predicting an expansion of 4.9%, down slightly from its previous estimate of 5.2%. The IMF cites a number Read Full Details…