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Iran-US war pushes polymer, resin prices up 60%; plastics exporters squeezed despite ceasefireFreight rates jump up to 10x, polymer prices rise 60%, while supply disruptions and supply chain delays strain MSMEs and the sector's expor...- Centre waives duties on key petrochemical products amid supply disruptions due to Iran warIndia has waived import duties on crucial chemicals like ammonium nitrate, methanol, and PVC for three months, starting April 2nd. This mov...
- Over 95% of textile growth in the last 15 years has come from the MMF segment: Filatex’s BhageriaThe CMD of the textile firm highlights the saturation being felt in the natural fibre segment in India over the past few years.
- GAIL re-engages process licensor for revival of Mangalore PTA plantGAIL (India) Ltd. has revitalized its plan to launch a PTA manufacturing plant in Mangalore. The state-owned gas utility has re-engaged INE...
- A small token with nostalgic feel bloats in valueThe market cap of this token was more than $16.2 million, but it has reported a market cap of less than $870,000, according to the data fro...
- Buy Filatex India, target price Rs 85: ICICI DirectFilatex India Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 1404.40 Crore) operating in Textiles s...
- Operating profits of polyester yarn firms to rise 15-20% in FY21: CrisilRaw material cost has started moderating because of the outbreak of coronavirus.
- Anti-dumping duty revoked on PTA importPurified terephthalic acid (PTA) producers such as Reliance Industries Ltd, Indian Oil Corp, JBF and MCPI face a hit on their margins as th...
- Abolition of anti-dumping duty on PTA, a step in the right direction: SIMAThe Ministry of Textiles has envisaged to increase the textile business size from the current level of around US$ 169 billion to US$ 350 bi...
- Global demand for polyester to remain weak: ICRAGlobal growth in polyester consumption is expected to be at a CAGR of about 6%.
- Over 125 million mobile phone users in Pakistan may lose connectionsInterior Minister Nisar Ali Khan last week set the deadline for the top five telecom operators - Mobilink, Ufone, Telenor, Warid and Zong.
- Chemical makers not in favour of PTA between India, SACUThe chemical manufacturing sector in SA is not in favour of a PTA between India & SACU as it would affect the small traders in the region.
- RIL moves to ward off petrochem challenge from state firmsThe step will help Reliance consolidate its leadership position in the petrochemicals space by warding off challenges from state-run oil co...
- DMT plant sale: It's curtains for troubled corp historyA small advertisement tucked away in a corner of a national daily announced the sale of Bombay Dyeing’s dimethyl terephthalate plant at Pat...
- Supreme Court asks RIL to pay Rs 50 crore to BPCLThe Supreme Court on Monday asked Mukesh Ambani-owned Reliance Industries to pay Rs 50 crore within two weeks to BPCL for the price differe...
- IOC to pump up capacity at HaldiaIndian Oil Corporation (IOC) is set to invest close to Rs 5,000 crore over the next three to four years to expand capacity of its refinery ...
- 'No plans to make fuel prices uniform'Government has no plans to make the retail selling price of petrol and diesel uniform across the country.
- Duty cut for Mauritius rum gets TERC nodThere is good news for Bacchus worshippers. Soon they will be able buy exquisite rum from Mauritius in their local markets really cheap by ...
- Mauritius rum for Indian wineIf you get to say cheers with imported rum at affordable prices in the near future, thank Mauritius.
- Pak retains 10% import duty on Indian teaPakistan has turned a deaf ear to the demands of the Indian tea industry.
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