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FURNITURE EXPORTERS
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
- Free trade pacts to boost furniture exports, domestic manufacturing: IndustryIndia's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic...
- IKEA sets up India development centre in push beyond sourcingIKEA has launched a new product development center in India. This positions India as a key hub for designing home furnishings for both loca...
- Spanish proverb of the day: 'Sometimes the remedy is worse than...' Life lessons on problem, solution, human nature, success and why one should think twice before actingSpanish proverb of the day highlights the saying “A veces el remedio es peor que la enfermedad” or “Sometimes the remedy is worse than the ...
- Delhi Chakka Jam for three days: Check what could be affected in Noida, Gurugram, Ghaziabad, Faridabad and other NCR regionsDelhi Chakka Jam Today News: A three-day Chakka jam in Delhi-NCR has been called by transport unions starting May 21. During these three da...
- India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- US oil reserves dropping sharply? Global oil prices swing as war disrupts supply and demandUS oil reserves dropping sharply? Global oil markets face volatility as Brent and WTI crude move after a four-year high. Strategic Petroleu...
- Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
- Indian wood and furniture exporters to gain competitive edge in US after Trump's 10% global tariff: GTRIIndian wood products and furniture exporters will become far more competitive in the US market, as tariffs on this category will be slashed...
- Government considering PLI scheme for furniture sector to ramp up manufacturingThe government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles a...
- After free trade pact, 80% of exports to UAE to be duty freeThe country would be able to export textiles worth an additional $2 billion in the next two years and treble the plastics exports to the UA...
- Govt may tweak customs duties on host of goods in Budget 2021"Expensive raw materials impact India's price competitiveness in the international market. The country's exports of furniture is very low (...
- Govt likely to impose restrictions on furniture importsIndia's furniture imports stood at $603 mn in 2018-19. Out of this, from China, it was $311 mn in that financial year. The other main expor...
- Carpenters from Jaipur, Jodhpur back in demand as furniture e-tailers rush to recruit themIndia's online furniture retail market is expected to reach Rs 15,000 crore in three years, from Rs 750 crore now, according to industry es...
- Grand Legend Furniture plans a major foray into the domestic marketGrand Legend Furniture, a Thiruvananthapuram-based furniture company, is planning a major foray into the domestic market.
- US housing slump hits India's furniture exportsThe collapse of the US housing market and the shutting down of retail stores in the US have put Indian furntiture exporters in a fix.
- Godrej plans acquisition in US and UKGodrej & Boyce Manufacturing Co Limited has earmarked Rs 460 crore for overseas acquisitions.
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