ADIDAS RAISES FULL-YEAR FORECAST, SEES 55% GROWTH
Germany-based sports brand Adidas has recorded positive second-quarter results driven by increase in all its market segments except Greater China. The company reported a 55%...
Category : Trade
Centre Takes Series of Measures for Technology Upgradation and Modernisation in Textile Industry
With a view to catalyse technology up-gradation and modernisation in textile industry in the country to make it globally competitive, Ministry of Textiles is implementing...
UK SEES DECLINE IN ONLINE SALES
Online retail sales fell at their highest rate in history last month despite overall spending remaining high amid fears the online boom could be coming...
Removal of import duty on cotton Demands Exporters
The Cotton Textiles Export Promotion Council (Texprocil) has appealed to the Union Textile Minister Piyush Goyal to remove the Customs Duty on cotton as it...
RoSCTL Scheme on apparels and made-ups Extended till 31 March
Rebate of State and Central Taxes and Levies on apparels and made-ups has been extended till 31 March The scheme is aimed at generating lakhs...
GHCL’s demerger gets a nod from Shareholders and Creditors
GHCL, India’s leading Chemical & Textile Company, announced that the secured creditors have approved the scheme of demerger of GHCL’s Inorganic Chemicals and Textile businesses....
Retailers and traders Now in MSME sector, Associations Concerned
In a longstanding demand from retail and trade industry associations, Minister of MSME Nitin Gadkari last week reinstated the status of retailers and wholesale traders...
RBI EXTENDS THE INTEREST EQUALISATION SCHEME
The Reserve Bank of India (RBI) extended the validity of the interest equalisation scheme (IES) for pre-and-post-shipment rupee export credit for three months till September...
LAND ALLOTMENT FOR APPAREL PARK IN NOIDA COMPLETE, COUNTDOWN FOR SETTING OF FACTORIES BEGIN
The Yamuna Expressway Industrial Development Authority (YEIDA) has completed allotment of land for a 150-acre apparel city, being developed by the Noida Apparel Export Cluster...
Textile Minister calls for Investigation on Increasing Cotton Prices
Union Textile Minister Smriti Zubin Irani called for a third party study of sudden spike in cotton yarn prices which affects the prospects across the...