Textile prices likely steady for now, but global cotton risk lingers

New Delhi, July 22 -- The below-normal rainfall associated with El Nino may be good news for the cotton sector, as officials and industry executives expect farmers in key rain-fed states to shift from... Read More

Economic activity hits 32-month high in June, says Icra; retains Q1 growth forecast at 6.4-6.6%

New Delhi, July 22 -- India's economic activity accelerated sharply in June, with Icra's Business Activity Monitor (BAM) hitting a 32-month high on broad-based gains across high-frequency indicators. ... Read More

Centre plans to release onion buffer from September to bridge festive supply gap, curb price spike

New Delhi, July 20 -- With onion prices beginning to climb ahead of the festive and wedding season, the Centre plans to start a calibrated release of onions from its buffer stock from September to bri... Read More

Govt infra spending rises fivefold since 2014, touches nearly Rs.91 trillion

New Delhi, July 20 -- Prime minister Narendra Modi's government has sharply increased infrastructure spending since coming to power in 2014, with allocations rising to more than five times the level s... Read More

India tightens hydrogen fuel testing rules as clean mobility push gathers pace

New Delhi, July 19 -- As India prepares to expand hydrogen-based mobility, the Centre is tightening the technical framework for testing the quality of hydrogen used in fuel-cell vehicles, two people s... Read More

India Post eases international mail rules to take on private couriers

New Delhi, July 17 -- State-run India Post, which lost its dominance with the rise of private courier operators, has revamped its rules to make its services more competitive by introducing online book... Read More

NITI Aayog moots Rs.50,000-crore fund, schemes for biotech boost

New Delhi, July 17 -- The government's public policy think tank NITI Aayog has unveiled an ambitious blueprint to turn biotechnology into India's next major growth engine, proposing a Rs.50,000-crore ... Read More

Gujarat tops NITI Aayog's first investment friendliness index; Maharashtra, Tamil Nadu follow

New Delhi, July 17 -- Gujarat has emerged as India's most investment-friendly state in the first edition of NITI Aayog's Investment Friendliness Index, ahead of Maharashtra and Tamil Nadu, as the gove... Read More

Cost to capability shift key to hit $100 bn textile export target: CMAI

New Delhi, July 16 -- New Delhi: The textile and apparel industry will need to move beyond competing primarily on low-cost manufacturing and build capabilities in sustainability, product innovation, d... Read More

Govt lists five new Bills, including MSME and Income-tax amendments, in tentative Monsoon Session agenda

New Delhi, July 16 -- New Delhi: Ahead of the Monsoon Session of Parliament, which is scheduled to begin from 21 July, the government has proposed introducing five new Bills, including measures to ame... Read More

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