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IMPACT OF COTTON SHORTAGE
The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
India likely to see below-normal rainfall in second half of monsoon: IMDIndia's monsoon rainfall for August and September is predicted to be below normal. The India Meteorological Department forecasts precipitat...
For decades, the Soviet Union planned to reverse the flow of Siberia's mighty rivers, turning them south to water Central Asia, one of the largest schemes ever seriously proposedA Soviet engineering dream aimed to reverse Siberian rivers for Central Asian agriculture. This ambitious plan involved studying over 120 i...
Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
El Niño is set to further disrupt India's $300 billion farm supply chainIndia's crucial monsoon rains are delayed, disrupting the nation's $300 billion farm economy just as planting season begins. This agricultu...
Banned cotton seeds carve out ₹600 cr parallel marketBanned HTBt cotton seeds are now popular in India. These seeds account for 15% of the market. Farmers use them to cut labour costs. Industr...
Cotton industry operating below capacity, wants import duty junkedPrices of raw unprocessed cotton, also called as kapas, have fallen by 15% to 20% in the ongoing cotton season from Rs 9,500-10,000 per qui...
Goyal tells stakeholders to resolve cotton price issueThe minister called upon the spinning and trading community to ensure hassle-free supply of cotton and yarn first to the domestic industry ...
Import duty removal on cotton may help bring down prices: Textile SecyCurrently, cotton imports attract 5 per cent Basic Customs Duty (BCD) and 5 per cent Agriculture Infrastructure Development Cess (AIDC). Th...
Garment and leather goods exporters face shortage of workers due to rising covid casesThe exporting units at Noida fear that if they do not deliver the export orders on time due to shortage of manpower and rising cotton price...
Indian textile industry faces shortage of Viscose Staple Fibre, wants duties to be removedThe industry has been pleading the Government to remove anti-dumping duty of USD 0.103 to 0. 512 per kg imposed on the VSF during the last ...
Weak export, high cotton prices to dent spinners' profitabilityThe improved domestic mill consumption in China has reduced its dependence upon imports, adversely impacting yarn exports from India.
Demonetisation hits disposable incomes and sales of textile goodsThe impact is expected to be pronounced on the unorganised segment, which forms a large part of the domestic textile sector where cash rule...
Outlook for cotton textiles negative-to-stable: India RatingsMuted international demand for cotton and surplus production are likely to keep cotton prices stable and range- bound during 2013.
RIL to sell textiles business, appoints NM Rothschild to manage the saleThe Mukesh Ambani company has hired NM Rothschild to manage the sale, a top official directly involved with the sale said.
- Reliance industries to sell textile business, including Only Vimal segment
Reliance industries, India's largest private sector company, has decided to sell its textiles business, including its iconic brand Only Vim...
- Indian firms purchase cotton from Pakistan
Indian firms have purchased 10,000 cotton bales from Pakistan at 75 cents per pound for urgent delivery, leading to an increase in the pric...