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RBI
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RBI Governor Rules out Financial Crisis
Aug 28, 2015Despite the recent stock market crashes around the world on the heels of China devaluing the yuan, Reserve Bank of India Governor Raghuram Rajan has said he doesn't believe that there's a financial crisis looming. "Based on what I've seen ...
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India Ratings Projects Increase to 7.7%
Apr 29, 2015A leading domestic rating agency India Ratings has projected a 7.7 per cent growth this fiscal driven by domestic demand. The projection is marginally low from the official growth forecast of 7.9 per cent. "We expect GDP to grow by 7.7 ...
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Tirupur Exporters' Association Welcomed RBI to Reduce The Policy Repo Rate by 25 Basis
Mar 5, 2015Tirupur Exporters’ Association has welcomed today’s decision of the Reserve Bank of India (RBI) to reduce the Policy Repo Rate by 25 basis points (bps) from 7.75 per cent to 7.50 per cent, and urged banks to pass on the benefit ...
Tags: Repo Rate
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RBI Reduced The Policy Repo Rate Under The Liquidity Adjustment Facility
Jan 16, 2015The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
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EdgeAX Apparel and Retail Industry Solution with The Latest Release of AX 2012 R3
Aug 13, 2014EdgeAX, a unit of Visionet Systems, Inc. and the partner of choice for leading global enterprises in the Apparel and Retail industries, has announced compatibility of its EdgeAX Apparel and Retail industry solution with the latest release ...
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Banswara Syntex Saw Its Bottom-Line Growing Over Two-Fold in The Quarter
Jan 17, 2014Despite tough economic environment and rising input costs, the Rajasthan-based Banswara Syntex saw its bottom-line growing over two-fold in the quarter ended September 2013, helped by turnaround in exports in line with the rupee ...
Tags: Banswara, Lycra, RBI, readymade garments
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Exports of Jute Products From India Want to Reach RS. 28bn in Value During The 2013-14
Jan 6, 2014Exports of jute products from India is expected to reach Rs. 28 billion in value during the 2013-14 fiscal year, owing to the increasing demand for jute from the West, said Beela Rajesh, executive director, Handloom Export Promotion Council ...
Tags: jute products, Textile
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India Earned Nearly US$ 15 Billion Through Exports of Textiles and Apparel in H1 2013-14
Jan 2, 2014India earned nearly US$ 15 billion through exports of textiles and apparel in the first six months of the current financial year 2013-14, according to the latest data released by the Reserve Bank of India (RBI). According to the ...
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RBI Has Executed a Master Services and Supply Agreement
Dec 13, 2013RayBiotech (RBI) has executed a master services and supply agreement with the Proteomics and Metabolomics Core Facility of Colorado State University in Fort Collin, Colorado. Under the deal, RayBiotech will offer biomarker discovery and ...
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The Growth of RMG for The Month of November 2013 Is 21.29%
Dec 12, 2013Dr. A Sakthivel, Chairman AEPC, has expressed satisfaction over the exports growth for the month of November 2013. In reaction to the trade data released Chairman AEPC said, “The garment exports have been registering a positive growth ...
Tags: Garment Exports, Apparel
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Chairman AEPC Has Welcomed The Exports Growth of 13.47% for The Month of October 2013
Nov 14, 2013Chairman AEPC Dr. A Sakthivel has welcomed the exports growth of 13.47% for the month of October 2013. Speaking on the export growth Dr. A Sakthivel stated that, “ With the stabilization of rupee and structural changes in the ...
Tags: AEPC Chairman
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Chairman AEPC Stated RBI Have Also Increased The Policy Repo Rate Under LAF
Oct 30, 2013Reacting to the Second Quarter Review of Monetary Policy Statement 2013-14, Dr A Sakthivel, Chairman AEPC, stated that, “The synergistic efforts of all the stakeholders including Govt. has resulted in the average export growth of ...
Tags: Repo Rate, Chairman AEPC
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AEPC Chief Has Expressed Disappointment Over The Increasing The Repo Rate
Sep 24, 2013Chairman AEPC Dr A Sakthivel, on behalf of the garment & textiles industry has expressed disappointment over the increasing the repo rate. In a statement made, Chairman Dr. Sakthivel stated that, “The availability of capital is ...
Tags: AEPC Chief, Apparel
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Entire Jewellery Industry of India Is Upset with Curbing Import of Gold to Contain CAD
Jun 27, 2013Entire jewellery industry of India is highly upset with the government's recent measures to curb import of gold to contain the Current Account Deficit (CAD) as it (the industry) has already started feeling the impact of condensed supply of ...
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Dr.A. Sakthivel, Chairman - AEPC Said Industry Has Been Disappointed with RBI's Stand
Jun 18, 2013In the credit policy issued, RBI has not touched the Key rates and unchanged. In a reaction to RBI's monetary policy, Dr.A. Sakthivel, Chairman - AEPC said Industry has been disappointed with RBI's Stand. Apparel SMEs were expecting a ...
Tags: India, Apparel&Accessories, AEPC
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