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Indian textile exports to remain strong amid global shifts; FTA negotiations with EU to offer growth opportunities

While domestic demand is expected to remain moderate due to lower discretionary spending and overst…

ANI   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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Investing in India’s manufacturing sector: Opportunities and outlook

India's economic landscape is a tapestry of growth drivers, with the manufacturing sector emerging …

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Stock market today: Sensex dips over 250 points, Nifty also opens in red on August 8, 2024

Almost all broad market indices were trading in red, incurring marginal losses, with the exception …

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Stock market today: Sensex inches up over 700 points, Nifty rises over 1% in early trade on August 8th, 2024

ONGC, Coal India, Hero Moto Corp, Mahindra and Mahindra and Infosys gained early edge in today's tr…

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Indian textile exports surge by 9.59% in May despite global economic challenges

Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, …

ANI   


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Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman acknowledged uncertainties in India's garment sector prompted b…

PTI   


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Raymond shares hits record high after textile company's board announces demerger of real estate arm

The shares of Raymond surged around 10 per cent to Rs 3236 per share as the stock markets opened th…

ANI   


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Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA

The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…

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India's manufacturing sector growth falls to 18-month low in December on softer rise in orders, output

India's manufacturing sector growth fell to an 18-month low in December amid softer increase in fac…

PTI   


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India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA

Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…

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Indian manufacturing sector growth expected to continue: FICCI survey

Indian manufacturing has accelerated through the second quarter of 2023-24 and is likely to continu…

ANI   


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New fund alert: 'Axis India Manufacturing Fund'

Axis Mutual Fund has launched the Axis India Manufacturing Fund, an open- scheme that mirrors India…

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Indian brides go austere with lower priced, light-embroidery trousseaus this season

The wedding season in India has seen no growth or even a drop in sales for clothing retailers, with…

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Indian private sector to take a cue from government and raise investments in fixed assets

India's investment into fixed assets reached a ten-year high in Q4 FY23, at 35.3% of GDP, with priv…

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India's footwear, textile exports vulnerable to global slowdown: Crisil

A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make I…

ANI   


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Rules of origin for medical devices sector remains a sticking point under India-UK proposed FTA

Finalising the rules of origin for the medical devices sector remains a sticking-point in the propo…

PTI   


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Alok Industries, Arvind, Deepak Spinners, Trident gain on PLI for textiles sector, analysts expect the rally to continue

A few textile company stocks gained on Wednesday as investors cheered the government’s approval for…

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Odisha banks on infra, skilled labour to attract investments in textile sector

Industries Minister Dibya Shankar Mishra, while addressing the 'Invest India Exclusive Investment F…

PTI   


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India’s plan for new textile parks includes a ₹10 crore incentive each year for units with 100 employees

In a bid to give a boost to India's textile sector, the government today announced the PM Mitra Yoj…