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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...
No overcapacity in steel, textiles; India's consumption remains low: DGTRIndia has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products ...
In 1934, a chemist pulled a sticky polymer into a thread, and nylon moved toward everyday lifeIn a twist of fate, a humble lab experiment by chemist Julian Hill in the 1930s turned a sticky substance into a global phenomenon. What st...
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...
Textile sector: Time for a relook as tariff tantrum may soon be history? 5 textile stocks with upside potential of up to 27%The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
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...
CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exportsThe move aims to boost the competitiveness of India's MSME-dominated textile sector amidst global challenges and support the nation's targe...
Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on MondayTextile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton impo...
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
Govt exempts customs duty on cotton imports for five monthsThe government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material...
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 ...
India, Canada aim to seal free trade deal by November-end, Goyal says Carney 'shaved off a month'India and Canada are working towards a free trade agreement. Talks are progressing with a target for conclusion by year-end. This pact aims...
Jingle bell blues: Christmas orders from US, Europe drop 10-15% as West Asia crisis bitesChristmas goods orders from key markets like the US and Europe have seen a 10-15% dip this year. Global economic uncertainties, rising raw ...
India-Canada FTA talks can be concluded before year end target: Piyush GoyalIndia and Canada are actively negotiating a comprehensive economic partnership agreement. Officials express optimism for concluding the fre...
Piyush Goyal to visit Canada next week with 150-member industry delegation; trade talks on agendaCommerce Minister Piyush Goyal will lead a large business delegation to Canada next week. The visit aims to speed up free trade agreement t...
Govt in 'advanced stage of consultation' on industry's demand for cotton import duty removalThe Indian government is actively considering removing the 11 percent customs duty on raw cotton imports. Ministries are in advanced talks ...
Textile industry seeks cotton import duty cut as prices surge 25%, output falls shortIndian textile makers are urging the government to abolish the 11% import duty on raw cotton. Domestic prices have surged by 25% in two mon...
Tamil Nadu seeks duty-free cotton imports to support textile sector: CM Vijay writes to PMHe highlighted the severe crisis facing the state's massive textile and apparel export industry, which employs lakhs, due to soaring cotton...
Apparel industry representatives meet Vice President, seek removal of 11 pc import duty on cottonApparel industry representatives met Vice President C P Radhakrishnan and other ministers, urging the removal of an 11% import duty on cott...