India’s textile and garment exports registered an almost flat growth at $41.4 billion in 2014-15, against $40.8 billion in the previous fiscal, falling short of this year’s target of $45 billion, according to media reports. ...
Tags: Garment Exports, Textiles Exports
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
The Ministry of Finance on Monday announced adjustments on the tariffs levied on the import of personal items to stimulate domestic consumption. Starting from June 1, import tariffs on suits and sneakers will be trimmed from 14-23 percent ...
Tags: Import Tariffs, personal items
The Union Cabinet has given its approval to review of Foreign Direct Investment (FDI) Policy on investments by non-resident Indians (NRIs), persons of Indian origin (PIOs) and overseas citizens of India (OCIs), according to an official ...
Tags: FDI Policy, Union Cabinet
China, the world's largest industrial robot market for the second year running in 2014, aims to become one of the leading manufacturers of the machines by 2030, trade delegates were told on Thursday. The goal was set out at the annual ...
Tags: Industrial Robot, Robot Industry
Michael Stephen, chairman of the Oxo-biodegradable Plastics Association and deputy chairman of Symphony Environmental Technologies, discusses how this material biodegrades in the outdoor environment. Oxo-biodegradable plastics have from ...
“The booming Indian retail sector will need around 56 million workforce by 2022,” says a report from the National Skill Development Corporation (NSDC). “The sector will also have one of the highest incremental human ...
Facing criticism on retail FDI issue, the government has sought to downplay the continuation of the policy permitting 51per cent FDI in the multi-brand retail sector saying the BJP's stand remains the same on the matter, according to media ...
Tags: retail FDI issue, UPA policy
Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
Textiles secretary SK Panda has expressed optimism about the future of the handloom sector. At a meeting in New Delhi to discuss the revival of handloom, with particular focus on increasing earning of handloom weavers, Panda asserted that ...
Tags: Handloom Sector, Textile Ministry
Health Canada is contemplating to remove fruit juices from the category of healthy dietary choices under Canada's Food Guide as juices increasingly come under the scanner for promoting obesity. The current Food Guide recommends ...
Tags: Health Canada, Fruit Juices
Apparel Export Promotion Council chairman Virender Uppal has said there has been a vacuum in a policy support in the readymade garment (RMG) manufacturing export industry, according to a statement by AEPC. Uppal has requested the ...
Tags: Apparel Export, Apparel
The government is working towards creating an ambitious grid programme in order to fulfill Prime Minister Narendra Modi’s vision of providing quality power to all by 2019, Minister of State with independent charge for Power, Coal and ...
Tags: Quality Power, Power Grid
The Australasian Railway Association (ARA) has expressed disappointment in the Federal Government’s 2015-16 Budget, which announced the lion’s share of transport infrastructure funding to go toward roads, and no new money for ...
Tags: Rail Industry, rail infrastructure
China’s cotton yarn market, one of the biggest in the world, has been relatively quiet since the country ended its cotton stockpiling policy last year. However, exhibitors at the Yarn Expo Spring show in 2015 had said they have seen ...
Tags: Yarn Expo, Yarn Market