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Mumbai: Welspun Living has taken a key step in strengthening its global manufacturing footprint, activating production at its newly built US facility focused on home textile products. Welspun Living confirmed that its subsidiary, Welspun USA Inc., has partially commenced commercial production at its pillow manufacturing unit in Nevada. The production began on March 31, 2026, marking the operational rollout of the new facility. The Nevada unit is part of a previously approved capital expenditure plan of US 13 million dollars, as referenced in the company's earlier announcement. The investment is aimed at building local manufacturing capabilities in the US market and strengthening supply chain efficiency. The new facility focuses on pillow manufacturing, allowing Welspun to expand its presence in the home textiles segment. This move supports diversification within its product offerings and aligns with demand trends in the US consumer market. By establishing manufacturing operations in the US, the company enhances its global footprint and positions itself closer to key markets. The phased commencement indicates a gradual ramp-up of production capacity at the facility. The Nevada facility's partial production start marks a strategic milestone for Welspun Living, supporting its expansion plans and reinforcing its presence in the global home textiles industry.
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
NEW DELHI (Reuters) -Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India's biggest trading partner in goods, with bilateral trade hitting $137.5 billion in the 2023/24 fiscal year, up nearly 90% over the past decade. "We are now maximising our efforts to finalise negotiations by the end of the year," Maros Sefcovic, EU trade chief, said at an event, noting they were working on a deal to "unlock investment ...Read More >
New Delhi [India], April 3 (ANI): Industry leaders and experts have welcomed the Centre's decision to grant a full customs duty exemption on critical petrochemical products in response to the ongoing conflict in West Asia. The move, aimed at stabilising supply chains and reducing cost pressures on downstream sectors, is seen as a strategic intervention to protect domestic manufacturing. According to experts, the temporary exemption, effective until June 30, 2026, provides essential relief to industries ranging from pharmaceuticals and textiles to automotive components. The disruption in the ...Read More >
The government has reopened the application period for the Production Linked Incentive (PLI) scheme for white goods, covering air conditioners and LED lights, until November 10. The move comes after a strong response from the industry and rising investment interest under the programme. Originally, the fourth round of applications was open from September 15 to October 14. The reopening gives manufacturers additional time to participate and benefit from incentives designed to boost domestic produc ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
New Delhi: The government on Thursday exempted customs duty on select critical petrochemical products for three months till June 30, aiming to cushion domestic industries from supply disruptions triggered by the ongoing West Asia conflict. Describing the move as a "temporary and targeted relief", the Finance Ministry said it will help ensure availability of key inputs, reduce cost pressures and maintain supply chain stability. The measure is expected to cost the exchequer about Rs1,800 crore. CBIC Member (Tax Policy) Sanjay Mangal said the exemption is intended to support sectors heavily dep ...Read More >
Bhubaneswar: Chief Minister Mohan Charan Majhi on Wednesday asserted that rapid industrialisation will soon reverse the trend of job-driven migration from Odisha, as the state positions itself as a major hub for employment generation in eastern India. Speaking at the inauguration of a large apparel manufacturing unit set up by Page Industries at Ramdaspur in Cuttack district, the Chief Minister said the state is witnessing a transformative phase where local employment opportunities will bring back migrant workers. The newly inaugurated unit, built with an investment of around ₹750 crore, is ...Read More >
Chandigarh: Officials of Municipal Corporation Chandigarh have revealed that the top 20 property tax defaulters of the city are yet to clear dues of over Rs 190 crore, while property tax arrear cases worth Rs 62 crore are under litigation in the Punjab and Haryana high court. Citing different reasons, occupants of seven properties, out of the top 20, have challenged the MC's arrears amount, following which the authority failed to recover the amount from them. All these properties fall under the commercial category. As per official data of the Municipal Corporation, Chandigarh, commercial prope ...Read More >
Sales of induction cooktops and electric kettles have surged in the wake of cooking gas supply concerns due to the war in West Asia, according to industry players. The government on Friday held discussions on measures to encourage companies to ramp up production of induction heaters and compatible utensils amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official said. The crisis has disrupted the movement of ships carrying oil and g ...Read More >
CHENNAI: IT and Digital Services Minister Dr Palanivel Thiaga Rajan on Thursday acknowledged the declining share of agriculture in the state's GDP - driven in part by the rapid growth of electronics manufacturing - but cautioned that unchecked structural imbalances in the rural economy could weaken the social fabric. "It is vital to the health of society that small and medium-sized farm organisations, especially in the plains and hill regions, receive targeted support to survive and grow," he said, while speaking at the 44th Foundation Day of National Bank for Agriculture and Rural Developmen ...Read More >
Chief Economic Advisor V Anantha Nageswaran Chief Economic Advisor V Anantha Nageswaran on Wednesday said US tariffs-related challenges will dissipate in the next one or two quarters, and urged the private sector to do more as the country navigates through other longer-term challenges. He attributed the growth slowdown in FY25, which saw a deceleration to 6.5 per cent from FY24's 9.2 per cent, to tight credit conditions and liquidity issues. The right agriculture policies can add 25 per cent to ...Read More >
Mumbai (Maharashtra) [India], July 3 (ANI): In a major move to boost industrial development and job creation in Maharashtra, the Cabinet Sub-Committee on Industries, chaired by Chief Minister Devendra Fadnavis, today approved investment proposals worth Rs 1,35,371.58 crore in thrust sectors and high-technology-based industries. These projects are expected to generate around 1 lakh direct and indirect employment opportunities across the state. Also Read | 'I Will Come Again': Man Posing As Delivery Agent Rapes Woman Techie After Entering Her Pune Flat, Clicks Selfie and Leaves Threatening Mes ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
India's Diwali sales hit a record high of Rs 5.40 lakh crore in goods and Rs 65,000 crore in services. This represents a 25 percent increase over last year. GST reforms and strong consumer demand fueled this growth. Brick-and-mortar stores saw a significant revival. Rural and semi-urban areas contributed substantially to the sales surge. Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the coun ...Read More >
Bengaluru (Karnataka) [India], April 4 (ANI): The ongoing conflict in West Asia is sending ripples through the pharmaceutical industry, with raw material costs on the rise, says Jatish Sheth, Director of Srushti Pharmaceuticals. While speaking to ANI, Sheth highlighted that pharmaceuticals are vulnerable to disruptions in petrochemical supply chains, as many raw materials used in formulation are petrol-based. "Pharmaceuticals are affected. Raw materials which are used for manufacturing formulation, they use petrol-based products... If the petrochemical supply is affected, the synthesis raw m ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in Srinagar, and two in Budgam district -- (KNO) ...Read More >
Themed 'Gateway to Growth: Harnessing Opportunities under India-UK CETA', the programme brought together senior government officials, diplomats, Export Promotion Councils (EPCs), industry leaders, and trade associations to deliberate on the transformative potential of the agreement for Indian exporters. The outreach event marked a crucial step towards strengthening India-UK trade ties and positioning Indian exporters to make the most of the CETA agreement. Anna Shotbolt, deputy trade commissioner, South Asia, British High Commission in India, described the CETA agreement as a 'milestone in bi ...Read More >
New Delhi: India's goods exports in June fell a tad from a year earlier, but a sharper drop in imports aided the trade deficit to narrow to a four-month low. Exports reduced 0.05% year-on-year to $35.14 billion, a seven month low, while imports fell 3.71% to $53.92 billion, leaving a trade deficit of $18.78 billion compared with $20.84 billion in June last year. Exports to the US in the past month rose sharply to $25.52 billion from $20.89 billion, despite the base tariff on Indian goods shippe ...Read More >
MUMBAI: Global trade wars have pushed companies to speed up the diversification of their supply chains and India will be key to Ikea's sourcing strategy where it is expanding beyond textiles to build supply capabilities in plastic, metals, and furniture, said Patrik Antoni, CEO at the Swedish retailer's India unit, who took charge earlier this month. While exporting products (largely textiles) from India to the US would mean higher retail prices for American consumers, in India, the expansion of local sourcing would allow Ikea to shore up its overall exports from the market as well as reduce p ...Read More >
NEW DELHI, Sept 26 (Reuters) - Taiwan is seeking to double its exports of chips and electronics to India over the next five to seven years as smartphone shipments from the country ramp up thanks to demand from the U.S., the head of the island's main trade body said. India's smartphone exports to the U.S., which are currently exempt from elevated tariffs, jumped nearly 40% from a year earlier to $8.43 billion in the first five months of the fiscal year that started in April, according to industry ...Read More >
NEW DELHI: India is working on the principle of self-reliance and building value chains that will safeguard the country during difficult times when there is turbulence in global trade, Commerce and Industry Minister Piyush Goyal said at a CII event here on Tuesday. "We are building capabilities, supply chains, and value chains which can help us in difficult times, and ensure we will not be subjected to any weaponisation of trade and we will always be in a position to meet our international obligations," said Goyal. The commerce minister's comments come at a time when India is facing a major ...Read More >
New Delhi: Amid the West Asia conflict, the Government of India exempted customs duty on key petrochemical products till June 30, 2026, Finance Ministry said on Thursday. Import duty was cut to benefit including plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments and also provide relief to the end users, i.e, the consumers, the ministry said. The government took the decision to remove customs duty on critical petrochemical products as global supply chains have been disrupted due to the ongoing US-Israel and Iran war. The finance m ...Read More >
NEW DELHI: The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. In a statement, the finance ministry said in light of the ongoing conflict in West Asia and the consequent disruptions in global supply ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
Jaipur: Two workers died while five others are feared trapped after soil caved in during pipeline excavation work in Rajasthan's Bharatpur on Sunday morning, police said. According to officials, some labourers were filling a 10-foot-deep trench dug to lay a pipeline near Jangi ka Nagla village when the soil caved in. Twelve workers got trapped under the soil. Upon hearing the cries, other labourers and project staff started rescue attempts, but the depth and heaviness of the soil made immediate efforts difficult, they said. District administration, police and disaster management teams reach ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
New Delhi: With export diversification at the top of India's trade agenda, commerce and industry minister Piyush Goyal is set to embark on a three-nation tour in October -- Singapore, Qatar and South Africa -- to push Indian goods into new markets and also advance talks on the long-pending India-European Union (EU) free trade agreement on the sidelines, two senior government officials said. Goyal will travel to Singapore in the first week of the month, followed by Qatar, and then South Africa for the G20 trade ministers' meeting. The push on the diplomatic front comes as India's negotiating ...Read More >
MUMBAI (Reuters) -Indian Prime Minister Narendra Modi and British counterpart Keir Starmer hailed the potential on Thursday of their months-old trade deal to transform commercial links, as London unveiled further Indian investment in Britain. Starmer is in the financial capital of Mumbai on a two-day visit to India, joined by more than 100 leaders from Britain's business, culture and university sectors, as he rushes to harvest the trade deal signed in July. The deal agreed to cut tariffs on goods from textiles to whisky and cars, and allow more market access for businesses in the world's fif ...Read More >
MUMBAI, INDIA - OCTOBER 9: British Prime Minister Keir Starmer is greeted by Prime Minister of India Narendra Modi, on his arrival at Raj Bhavan on October 9, 2025 in Mumbai, India. Leon Neal/Pool via REUTERS MUMBAI (Reuters) -Indian Prime Minister Narendra Modi and British counterpart Keir Starmer hailed the potential on Thursday of their months-old trade deal to transform commercial links, as London unveiled further Indian investment in Britain. Starmer is in the financial capital of Mumbai on a two-day visit to India, joined by more than 100 leaders from Britain's business, culture and un ...Read More >
New Delhi [India], April 2 (ANI): India's manufacturing PMI eased to 53.9 in March from 56.9 in February, according to the HSBC India Manufacturing PMI report released on Thursday. This deceleration indicated the weakest improvement in overall business conditions in nearly four years, with the headline figure slipping below its long-run average of 54.2. As per the report, the sector faced a significant cooling effect as several domestic and global headwinds converged to dampen the momentum seen in previous months. The report noted that a combination of factors, including fierce competition a ...Read More >