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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. Also Read | Will Cristiano Ronaldo Play Al-Nassr vs Al-Najma Saudi Pro League 2025-26 Match?. According to ...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 i ...Read More >
Mumbai: India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. Also Read: India's economy shows early strain; ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. Also Read ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. The report ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The credit ratio of India Inc declined in the second half of fiscal 2026, even as the overall credit outlook for the FY27 remains stable but cautious due to the ongoing West Asia conflict, noted Crisil Ratings in its latest projections. The credit ratio of Indian companies, which measures the proportion of rating upgrades to downgrades, stood at 1.50 times in the second half of FY26, moderating from 2.17 times in the first half. During the period, th ...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 >
KURNOOL: In a pioneering move, the State government has launched a pilot project using Danish Asphalt Fibre Reinforcement Technology to build durable roads. Roads and Buildings, Infrastructure and Investments Minister, BC Janardhan Reddy, laid the foundation stone for the road project in Sanjamala mandal of Nandyal district on Friday. The two-lane road between Mudigedu and Sanjamala village is being constructed using a mix of bitumen and high-tensile synthetic fibres such as aramid and polyole ...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 immediat ...Read More >
New Delhi, Jun 29 (PTI) The humble kolhapuri, style statement for affordable ethnic elegance and simply staple wear for many, catapulted to the rarefied runways of Milan with Prada rebranding the handcrafted chappal "leather flat sandals" at Rs 1.2 lakh. The outrage was instant and intense. That the GI-tagged footwear, a symbol of Indian craft that goes back centuries was appropriated by the Italian luxury label which featured it in Spring/Summer 2026 show, led to a massive debate on cultural t ...Read More >
New Delhi, Jun 28 (PTI) The humble kolhapuri, style statement for affordable ethnic elegance and simply staple wear for many, catapulted to the rarefied runways of Milan with Prada rebranding the handcrafted chappal "leather flat sandals" at Rs 1.2 lakh. The outrage was instant and intense. That the GI-tagged footwear, a symbol of Indian craft that goes back centuries was appropriated by the Italian luxury label which featured it in Spring/Summer 2026 show, led to a massive debate on cultural t ...Read More >
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