The Indian textile industry is entering a decisive phase as the recent tariff easing by the US greatly improves its global competitiveness and resets the sectoral economy.The immediate reduction in US tariffs on Indian textiles from 50% to 18% has brought long-awaited relief to an industry that has been struggling with margin compression, regulatory costs […]
The Benchmark indices of India, Nifty and Sensex, extended their losing series to a seventh straight session on Monday, dragged down by selling in car, IT and Pharma shares. The trade remained with markets that moved in a narrow reach. The Nifty closed at 24,634.90, a decrease of 19.80 points or 0.08%, while the 30 […]
Sharnals and textile exporters fell no less than 12% on Thursday after the 50% rate of US President Donald Trump came into force on Indian input, the competitiveness was running out and caused a broad sale in some of the most export -dependent companies in India. Shares of the leading shrimp expiders of India fell, […]