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TEXTILE PURCHASES STATISTICS
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsFrom a macro perspective, it is clearly a good time to be bullish. But as valuations remain high in parts of the market despite the recent ...
- Women consumers contribute 55.5% of textile buys, sarees, trousers key products: govt studyWomen lead textile purchases, accounting for 55.5% of spending. Man-made fibers are gaining popularity over cotton. The market has seen sig...
- China factory activity posts worst contraction in six monthsThe official manufacturing purchasing managers index declined to 49, the National Bureau of Statistics said in a statement on Sunday.
- Ghost factories could be China’s new growth driverIn China’s industrial output figures, Only one line item out of two dozen, consistently showed double-digit growth in recent months.
- Guilty of indulgence, Kalaari MD restricts apparel shopping for a year and says it made her happierVani Kola shared her tricks to avoid unnecessary clothes shopping.
- Textile firms in China and Pakistan are in deep distress. Can India be the beneficiary?The Indian textile and apparel market is looking at an unlikely and short-lived opportunity to gain global dominance. It remains to be seen...
- China's factory activity shakes off virus hit, expands at fastest pace in over three yearsUpbeat data released on Monday suggests the world's second-largest economy is on track to become the first to completely shake off the drag...
- Fast fashion industry wants cheap, disposable & trendy clothes, but it comes at a priceGlobal apparel consumption is estimated to be around $1.8 trillion making it around 2.3% of global GDP. The global demand is forecast to gr...
- India’s growing economic reliance on China may be tough to breakTrade links between the two countries are strong and reducing India’s reliance on China won’t be easy.
- Tirupur yarn spinners pilot app to beat price volatilityEntrepreneurs in the southern hub have faced acute losses recently as their supplies of polyester and cotton yarn failed to find purchasers.
- Factory activity in June accelerates at fastest pace in 4 monthsManufacturing sector growth in June expanded at fastest pace since Feb, supported by growing order flows, especially from overseas, an HSBC...
- China manufacturing growth acceleratesChina’s manufacturing growth accelerated for the first time in four months, easing concern that monetary tightening may lead to a slowdown ...
- Govt mulls ways to rein in spiralling yarn pricesAfter failing to control cotton prices, the Central government now wants check yarn prices.
- China manufacturing grows at the slowest pace in 17 monthsChina’s manufacturing grew at the slowest pace in 17 months in July after government clamp down. Track global trends while picking stocks |...
- Textile companies upset as government suspends TUFThe textile industry is upset over the suspension of subsidy for new projects under the technology upgradation fund (TUF) scheme.
- TuF subsidy denial for new projects upsets textile industryThe textile industry is upset over the suspension of subsidy for new projects under the technology up-gradation fund (TuF) scheme.
- Indian companies buy land abroad for agricultural productsOver 80 Indian cos invest around Rs 11,300 cr in huge plantations; eye export market for products.
- Cotton exports may fall as domestic prices riseDespite latest estimates by the Cotton Association of India (CAI), which has put exports at 40 lakh bales by August 2009, the industry beli...
- Weaker exports, quake pull down China’s manufacturing growthAccording to a survey of more than 700 companies in 20 industries, including energy, metallurgy, textile, automobile and electronics, index...
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