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India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free accessIndia and the UK's Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, granting 99% of Indian exports tariff-fre...
How a Noida-based apparel maker found its way into wardrobes worldwideCTA Apparels is embracing automation and vertical integration to enhance speed, transparency, and traceability. This shift positions them a...
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
Textiles minister Giriraj Singh targets ₹33 lakh crore textile market by FY31India's textile market is set to double to ₹33 lakh crore by 2030-31. This growth will create nearly 2 crore new jobs. The government is al...
Targeting to increase India's textile market size to Rs 33 lakh crore by FY2031: Giriraj SinghIndia aims to significantly boost its textile market to Rs 33 lakh crore by 2030-31. The government is focused on enhancing the income of h...
India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffThe United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibiti...
India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
Government clears 96 firms under latest textile's PLI round with Rs 12,823 crore outlayThe government has approved 22 additional companies under the textile PLI scheme. This brings the total selected firms to 96. These compani...
India's exports rising steadily due to policy push, reforms, official saysIndia's exports are seeing steady growth. Supportive government policies and improved infrastructure are key drivers. The nation aims for g...
Govt sets up six sector groups to fast-track ‘Make in India 2.0’ pushIn a bold move towards self-sufficiency, India is ramping up its domestic manufacturing initiatives! Six government-led teams are tasked wi...
Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut importsIndia is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to...
US plans additional 12.5% tariff; India says talks on Section 301 probes ongoingThe US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...
India-Oman trade pact creates strong export push for India's textile MSMEs: GovtIndia's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agr...
Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
US India trade relations: USTR reveals Section 301 findings, proposes 12.5% additional tariffs on imports from New Delhi & othersUS tariffs on India: The US Trade Representative has initiated a significant proposal for additional tariffs targeting India and 53 other n...
Assam's Muga silk gets Rs 411 cr boost with Mission Senehjori; set to empower 2.5 lakh weaversA significant Rs 411-crore project, Mission Muga Silk ‘Senehjori’, has been launched to boost Assam's Muga Silk industry. This initiative a...
Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...
South Korea launches new team to protect foreign workers' rightsSouth Korea's Ministry of Justice has launched a new team within the Korea Immigration Service to protect foreign workers' rights and preve...
Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...