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US President Donald Trump has reduced import duties on nearly 200 agricultural and food products, benefiting Indian suppliers of spices, tea, and processed foods. This move aims to address domestic pressure over rising prices, with India's exports of spices and processed foods expected to see significant gains. Indian suppliers of spices, tea and several processed foods are set to benefit after US President Donald Trump reduced import duties on close to 200 agricultural and food products, repor ...Read More >
NEW DELHI (Reuters) -Amazon on Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new U.S. import tariffs that were imposed in August. The company said it remained confident in its long-term growth and set a new target of reaching $80 billion in exports by 2030, driven by rising global demand for cosmetics, toys, furniture and apparel. Thousands of Indian artisans and small busine ...Read More >
New Delhi -- Amazon on Monday said it has helped Indian sellers surpass $20bn in total exports, including nearly $7bn this year, as small operators work to offset the impact of new US import tariffs that were imposed in August. The company said it remained confident in its long-term growth and set a new target of reaching $80bn in exports by 2030, driven by rising global demand for cosmetics, toys, furniture and apparel. Thousands of Indian artisans and small businesses were affected after the ...Read More >
NEW DELHI (Reuters) -Amazon on Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new U.S. import tariffs that were imposed in August. The company said it remained confident in its long-term growth and set a new target of reaching $80 billion in exports by 2030, driven by rising global demand for cosmetics, toys, furniture and apparel. Thousands of Indian artisans and small busine ...Read More >
While overall deal volumes remained stable compared to the previous quarter, values spiked sharply due to large-ticket strategic acquisitions. New Delhi: India's automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion in Q3 2025, according to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker. The surge in deal value was largely driven by Tata Motors' $3.8 billion acquisition of Iveco S.P.A., marking one of the largest outbound automoti ...Read More >
New Delhi, Oct 23 (SocialNews.XYZ) The festival of Bhai Dooj brought festive cheer and strong business momentum across India this year, generating an estimated Rs 22,000 crore in trade, according to the Confederation of All India Traders (CAIT) on Thursday. Delhi alone contributed nearly Rs 2,800 crore to this massive festive turnover, as people celebrated the special bond between brothers and sisters with gifts, sweets, and traditional rituals. Bhai Dooj, a festival that marks the love and af ...Read More >
Kolkata: While the city was busy celebrating the Diwali-Kali Puja festival on Monday night, doctors across many hospitals in the city were busy tending to patients with burn injuries caused mostly by firecrackers. From adults to children, the emergency wings of these hospitals saw a trickle of injured festive revellers. While most were lucky to escape with minor burns, a few patients were admitted as they needed further treatment.Between Sunday and Monday night, Belle Vue Clinic already treated ...Read More >
Mumbai, Oct 20: The recent goods and services tax (GST) rationalisation is set to lift revenue growth of organised apparel retailers by about 200 bps this fiscal, keeping the topline steady at 13-14 per cent for the second financial year in a row, a report said on Monday. The GST rate cut on apparel priced below ₹2,500 is likely to lift demand in the mid-premium segment, while the fast fashion or value segment will continue to drive the momentum, Crisil Ratings said in a report. Though limited ...Read More >
The restructuring of India's Goods and Services Tax (GST) has poised the organised apparel retail sector for a robust revenue growth of 13-14% this fiscal year, marking a steady trend for the second consecutive year, according to a report by Crisil Ratings. A crucial factor in this growth is the shift to a uniform 5% GST on garments priced below Rs 2,500, replacing a dual structure of 5% below Rs 1,000 and 12% up to Rs 2,500. This move is anticipated to significantly boost demand in the mid-prem ...Read More >
Indian retail REITs are poised for significant growth, projected to reach Rs 60,000-Rs 80,000 crore by 2030, forming a substantial portion of the overall REIT market. As Grade A malls mature into stable assets, 2-3 new retail REITs are expected to launch, mirroring global trends where retail REITs are a key market component. Indian retail Real Estate Investment Trusts (REITs) could become a Rs 60,000-Rs 80,000 crore market by 2030, roughly 30-40% of India's overall REIT market, which is project ...Read More >
New Delhi [India], October 16 (ANI): India's apparel exports witnessed a sharp decline of 14.8 per cent during the July-September quarter of FY2025-26, according to a recent analysis by the Confederation of Indian Textile Industry (CITI). The report, based on estimates released by the Press Information Bureau (PIB), highlights that apparel exports dropped from USD 3,636 million in Q2 FY2024-25 to USD 3,097 million in Q2 FY2025-26, reflecting sluggish global demand and continued challenges in ke ...Read More >
New Delhi [India], October 16 (ANI): India's apparel exports witnessed a sharp decline of 14.8 per cent during the July-September quarter of FY2025-26, according to a recent analysis by the Confederation of Indian Textile Industry (CITI). The report, based on estimates released by the Press Information Bureau (PIB), highlights that apparel exports dropped from USD 3,636 million in Q2 FY2024-25 to USD 3,097 million in Q2 FY2025-26, reflecting sluggish global demand and continued challenges in ke ...Read More >
Chennai: Despite a full month of 50 per cent US tariffs, quite intriguingly, India's merchandise exports grew both yearly as well as sequentially in September. As per the government data, merchandise exports grew 6.75 per cent on a y-o-y basis and 3.64 per cent on a m-o-m basis. The exports to the US were down by just 11.9 per cent. Merchandise exports in September rose 6.75 per cent to $36.38 billion against $34.08 billion in the same month last year. September exports rose 3.64 per cent again ...Read More >
New Delhi: A calmer inflation outlook and recent tax relief have given India's urban consumers room to breathe, and to spend. Deloitte's latest consumer survey shows a rebound in discretionary spending, especially in leisure, restaurants, electronics and household goods. The upcoming festivals and easing prices are nudging households to loosen their wallets, even as job-related anxiety threatens to temper the mood. "Consumers remain financially confident, supported by easing price inflation con ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Fashion and apparel brands accounted for nearly 60 per cent of retail leasing by direct-to-consumer (D2C) brands in the first half of this year (H1 2025), a report said on Wednesday. It was followed by the Homeware and Furnishings (12 per cent), Jewellery (12 per cent) and Health and Personal Care (6 per cent). Between 2020 and 2022, several digital-first brands witnessed considerable growth, mainly fuelled by a rise in online shopping during the COVID-19 pand ...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 commission ...Read More >
Textiles Minister Pabitra Margherita is visiting Moscow to bolster trade ties with Russia in the textile sector. The visit follows US tariffs on Indian goods and aims at expanding India's market reach. The visit includes inaugurating an apparel fair, engaging Indian and Russian industries for bilateral cooperation. In light of recent US tariffs, India's Union Minister of State for Textiles, Pabitra Margherita, is setting his sights on strengthening Russia-India trade relationships. His visit un ...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 obli ...Read More >
New Delhi, Sep 30 (PTI) As the free trade agreement between India and four European nations EFTA will come into effect from Wednesday, several Swiss products like wines, chocolates, apparel, and watches will become cheaper in the domestic market. On the other hand, Indian labour-intensive sectors, such as certain agri goods like tea and coffee, fruits, processed, textiles, marine products, leather, sports goods, toys, and gems and jewellery, will get greater market access in the member countrie ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
Chennai : Motilal Oswal Mutual Fund (MOMF), which follows the QGLP (Quality, Growth, Longevity, Price) investing framework announced the launch of the Motilal Oswal Consumption Fund. This open-ended equity scheme is designed to capture India's multi-decade consumption growth story, now transitioning into an evolved phase of luxury and discretionary spending. The New Fund Offer (NFO) will be open for subscription from October 1st to October 15th, 2025. India's consumption is undergoing significa ...Read More >
Reliance Consumer Products Limited has signed a significant agreement. The agreement is worth Rs 40,000 crore with the Food Processing Industries Ministry. The aim is to establish integrated food manufacturing facilities across India. RCPL will invest over Rs 1,500 crore in Maharashtra and Andhra Pradesh. The company aims to become India's largest FMCG company. Reliance Consumer Products Ltd (RCPL) on Thursday signed a Rs 40,000-crore agreement with the Food Processing Industries Ministry to es ...Read More >
Riding high on the resounding success of his sold-out UAE concert produced and presented by Team Innovation, critically acclaimed Punjabi music icon AP Dhillon has announced his much-anticipated return to India with an expansive 8-city arena tour. This landmark run marks Dhillon's homecoming following last year's sold-out performances across select cities. AP Dhillon's 'One of One' India Tour 2025 touted as his most ambitious tour to date and marking his third run in India, is set to kick off i ...Read More >
Bhopal, Sep 16 (SocialNews.XYZ) The PM Mitra Textile Park, Dhar, is expected to generate 1 lakh direct jobs upon completion, with an additional 2 lakh indirect employment opportunities once fully operational, Chief Minister Mohan Yadav said here on Tuesday. Addressing a gathering at the mela, CM Yadav emphasised the historical significance of cotton farming in the state. "More than 6 lakh families in Madhya Pradesh are engaged in cotton cultivation, a tradition that dates back to the British c ...Read More >
Bhopal, Sep 16 (PTI) Prime Minister Narendra Modi will lay the foundation stone for the country's first PM MITRA Park and launch the fortnight-long 'Sewa Pakhwada' during his visit to Madhya Pradesh's Dhar district on Wednesday, CM Mohan Yadav has said. The PM will also launch the Swasth Nari Sashakt Parivar Abhiyan on Wednesday at Bhainsola village in Dhar district, Yadav said in a statement to the media on Monday night. Under the campaign, camps will be organised for health and nutrition at ...Read More >
Chennai: MSME exports who have been hit by the high US tariffs, are also facing challenges with their bank credit. MSMEs with US exposure are witnessing a downgrade in their credit rating after the 50 per cent tariff came into effect. As a result, MSMEs will end up paying higher interest rates besides providing substantial collateral. Several companies, especially MSMEs in the sectors which have a high exposure to the US, are currently facing a threat of credit rating downgrade. The external cr ...Read More >
New Delhi: The Indian government's decision to allow duty-free cotton imports, mainly from the United States, is expected to provide some relief to the country's apparel exporters, who face a 50% duty in the US. Industry leaders believe the move will help manufacturers by raising the share of US-origin inputs in finished garments, partially shielding them under America's reciprocal tariff rules. Under the new tariff structure, duties are applied only to the portion of a product that does not us ...Read More >
Chennai: E-commerce shipments as well as parcels sent to relatives in the US will now be subjected to tariffs as the US has suspended the exemptions for smaller packages valued $800 or less. The suspension of tariff from Friday will have a six-month transition period to a new tariff regime. The tariff rates on small packages will be calculated in one of two ways starting August 29. As per the first option, a flat rate of $80 to $200 per item, depending on the country of origin, will be levied. ...Read More >
New Delhi, Aug 29 (PTI) India's largest retailer Reliance Retail is confident of delivering a 20 per cent CAGR over the next three years and is looking to scale its FMCG business by over eightfold in the next five years to Rs 1 lakh crore, besides investing invest Rs 40,000 crore to create Asia's largest food parks. Reliance, which now eyes global expansion of FMCG business "will invest Rs 40,000 crore (USD 4.7 billion) to create Asia's largest integrated food parks with AI-driven automation, r ...Read More >
Need to stay united, must stand up to bullying, says Maruti Chairman RC Bhargava (File image) India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India Chairman R C Bhargava said on Thursday at the company's 44th Annual General Meeting (AGM) in New Delhi. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this ma ...Read More >
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