Indian exporters are facing significant liquidity challenges,
compounded by high interest rates and a marked
decline in export finance, said Sanjay Budhia, Chairman of
the CII National Committee on EXIM.
These factors are underminin...

The Confederation of Indian Industry (CII) has proposed
a cautious fiscal strategy for the upcoming
Union Budget, recommending that the government
maintain a fiscal deficit target of 4.9 per cent of GDP for
2024-25 and 4.5 per cent ...

CARE Ratings has revised its gross domestic product (GDP)
growth forecast for fiscal year 2025 from 6.8 percent to 6.5
percent, reflecting a nuanced economic environment characterized
by multiple structural challenges.
The downward ...

India’s economic growth decelerated to an unexpected
5.4 per cent in the second quarter of FY25, sparking
discussions among economists about the need for targeted
reforms in the upcoming Union Budget 2025-26.
Key drivers of this s...

The government is conducting a comprehensive review
of regulations across sectors, aiming to streamline
rules and boost economic growth amid signs of slowdown,
according to multiple sources with direct knowledge of the
matter who re...

S&P Global Ratings projected that the Indian economy
is poised for ‘resilient growth’ in 2025, with inflationary
pressures expected to ease, leading to a ‘modest’ easing of
monetary policy by the Reserve Bank of India (RBI)...

India’s landmark trade agreement with the European
Free Trade Association (EFTA) is on track for implementation
by the end of 2025, according to Commerce and
Industry Minister Piyush Goyal.
The Trade and Economic Partnership Agree...

Commerce and Industry Minister Piyush Goyal expressed
confidence that India’s combined exports of
goods and services will exceed USD 800 billion in the current
fiscal year, setting a new record despite global economic
challenges. ...

The RISE for Impact project is collaborating with farmers
in the cotton supply chain to promote decent work by
integrating Fundamental Principles and Rights at Work.
Initiated at the request of a premium textile brand, the
project w...

To boost its economy and attract investments worth Rs
10,000 crore, the Andhra Pradesh government is prioritizing
the development of textile and garment industries in
the state. Leveraging abundant raw materials, the initiative
aims...

A Crisil Ratings analysis of 30 hosiery manufacturers,
representing approximately one-third of the industry
by revenue, suggests that Indian hosiery makers are set to
witness a 10-12 per cent year-on-year revenue growth this
fiscal....

In a pivotal moment for India’s apparel industry, Sudhir
Sekhri, Chairman of AEPC, emphasized the sector’s potential
to gain a larger share in global apparel imports. He noted
that India’s credibility among global brands has surg...

India’s cotton textile exports in 2023-24 were valued at
$12,258 million, reflecting a nearly 29 per cent decline
compared to 2021-22, as per data presented in the Rajya
Sabha during the on-going winter session.
In 2021-22, export...