Sensex has lost over 1,500 points in two sessions and Nifty neared 24,500 as markets reel from fears of a 50% US tariff on Indian exports. While sectors like textiles and shrimp may be hit, market veterans say most tariff…
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India is strategically targeting 40 countries, including the UK and Japan, to boost textile exports following the imposition of US tariffs. The initiative involves participating in international events and running sector-specific campaigns under a unified Brand India vision. These 40…
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Indian textile exporters are scrambling to address the fallout from the newly imposed 50% US tariff, anticipating significant revenue decline and potential job losses of around half a million. They are urgently negotiating with US buyers and seeking government support…
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The Indian government has extended the duty-free cotton import policy until December 31, 2025, to alleviate the impact of the 50% US tariffs on textile exports. This exemption, covering various levies, aims to lower input costs across the textile value…
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The Indian government is poised to simplify the GST structure, reducing tax slabs and rates on key consumer goods. This overhaul, expected to boost consumption by 0.2-0.3% of GDP, will make items like food products and durables more affordable. The…
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This has turned out to be precarious moment for the Indian garment industry as the implications of US tariffs extend far beyond financial figures. They touch the lives of countless workers who depend on the industry for their livelihoods, highlighting…
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