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IMPORT DUTY ON COTTON
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...
Shivraj Chouhan to launch 'Khet Bachao Abhiyan' on June 1 as Govt reviews fertiliser, fuel stocks amid West Asia crisisUnion Agriculture Minister Shivraj Singh Chouhan launches Khet Bachao Abhiyan nationwide from June 1. The campaign aims to reduce excessive...
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 ...
Brazil’s cotton farmers cash in on rally fueled by obstacles worlds awayBrazilian cotton farmers are poised to profit from a significant price rally, driven by geopolitical tensions impacting synthetic fiber pro...
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 ...
Uzbekistan’s evolution in the international financial systemUzbekistan's National Investment Fund has made waves with its groundbreaking IPO, now trading on international stock exchanges. This pivota...
What do China's new US farm purchases mean for global trade? | An explainerChina will purchase over $17 billion in US farm goods yearly for three years. This deal boosts agricultural trade significantly. Purchases ...
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...
Textile industry seeks removal of cotton import dutyIndia's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut impo...