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What is Essential Commodities Act that India invoked amid Iran warEssential Commodities Act has been invoked by the government due to the Iran war disrupting global gas supply. Natural gas and LNG are bein...- Govt invokes Essential Commodities Act to ensure natural gas supply, orders refineries to divert key streamsIndia has invoked the Essential Commodities Act to secure domestic cooking gas supplies. The ongoing Middle East conflict has disrupted glo...
- Weaving out of trouble: Handloom industry looks at Budget 2018 to solve woesThe Budget allocation for the handloom sector was Rs 710 crore in 2016-2017, but was reduced to Rs 604 crore for the year 2017-2018.
- From niche to chic: Retailers, ecommerce players find potential market in hand-woven fabricsWhile brands like Fabindia have always worked with handloom fabrics, those like Aditya Birla Fashion and Retail and Titan Group are now rea...
- Textile body urge government to remove hank yarn obligationIndian Texpreneurs Federation, an apex body of the textile industry in the region has suggested the Centre to remove the hank yarn obligati...
- Can PM Narendra Modi's policies really help the struggling handloom workers?The 2010 handloom census paints a harrowing picture of the work and life of Indian weavers, once thought to be the best in the world.
- 'Cotton output likely to be 340 lakh bales this season'In the last cotton season, the natural fibre production stood at 352 lakh bales and exports were to the tune of about 127 lakh bales.
- Government approves Rs 2,350-cr package for handloom weaversThe government has approved the Rs 2,350-crore package for weavers in the crisis-ridden handloom sector, Minister Anand Sharma said.
- Project UP: Congress showers pre-poll goodiesCongress sought to cover both the western and eastern flanks of poll-bound UP by inducting Ajit Singh as Cabinet minister and clearing a Rs...
- ET classroom: Essential commodities actThe Prime Minister will soon hold a meeting of chief ministers to discuss the alarming food price situation and review the implementation o...
- CBEC exempts service tax on essential commodityThe government has exempted a number of goods like food grains, fertilisers and farm inputs from paying service tax for transportation thro...
- Ailing textile sectorThere isn't any quick-fix solution for the industry which exports 55% of output.
- Inflation nears 12% as fuel costs riseAnnual inflation, based on wholesale price index, climbed further to 11.89% in the week ended June 28, outpacing the previous week’s 11.63%...
- No parity between cotton and yarn prices: SIMAThe increase in the prices of cotton has paralysed the textile industry and even the top mills are incurring huge losses.
- Rid textile industry of regulatory baggageThe government’s recent decision to abolish the cess on ready-made garments is minuscule reform.
- Indians should feel free to spendFinance minister Jaswant Singh wants Indians to feel that the country has moved to an economy of plenty.
- Just roll over: Sinha gives away without giving upWhile the list of amendments moved is the longest such list in recent memory, the concessions granted add less than 0.12% of GDP to the fis...
- Govt issues new Textiles Order 2001THE GOVERNMENT has issued a new Textiles (Development and Regulation) Order 2001 diluting the powers of the Textiles Commisioner to control...
- Cotton mills seek more excise dutiesARMED with a study by Crisil Advisory Services, cotton textile mills have called for imposition of 2 per cent excise duty on ginned cotton,...
- ICMF blue print to up revenue by Rs 881crCOTTON millers on Friday released a blue print suggesting restructuring of India’s textile taxation structure which could increase excise r...
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