According to the World Bank's latest Migration and Development Brief, India saw the highest amount of remittance inflows in the world in 2023 at $125 billion. This was driven by several factors: Firstly, declining inflation and strong labor markets in high-income source countries such as the U.S., UK and Singapore...
India’s Bilateral Trade Agreements Boost its Economy
Among other factors, a country’s economic health is determined by trade flows. The movement of goods across countries forms the backbone of international trade. Small and medium businesses account for about half of India’s merchandise exports. This underlines the significance of the estimated 60 million micro, small and medium enterprises...