Jul 20, 2021 09:03 AM IST
The reinstatement of the rebate on state and central taxes and levies will make garment exporters competitive
- Jul 15, 2021 02:19 PM IST
The Cabinet has extended the existing export-promotion scheme for textiles until March 2024 but experts say the sector, which is one of India's biggest job creators, needs more support to face fierce competition from rivals such as Bangladesh, Vietnam and Cambodia
- Dec 02, 2020 11:31 AM IST
Sales of Lux Industries, Dollar Industries, Rupa & Co. grew at a decent pace in the September quarter, helped by sales of economy range products and growth in smaller urban centres
- Aug 04, 2017 02:55 PM IST
The Council, headed by Finance Minister Arun Jaitley, will also review at its meeting the implementation of the new Goods and Services Tax (GST) regime since July 1 and may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest.
- Mar 21, 2017 09:43 PM IST
Ludhiana seems to be the one-stop destination for almost all businesses right from auto parts to garments to industrial goods. This episode discusses what more needs to be done to augment the growth of the micro, small and medium enterprise (MSME) sector.
- Dec 21, 2016 09:14 PM IST
According to the amendments, readymade garments sold in loose form have been exempted from Legal Metrology (Packaged Commodities) Act, 2011, a senior official of the Textiles Ministry said.
- Oct 18, 2016 12:59 PM IST
Arvind shares hit record high of Rs 368.50, up 5.5 percent intraday Tuesday. CLSA raised target price on the stock to Rs 418 from Rs 362 as it expects the shift in favour of garments business and the asset-light expansion model to drive further improvement in return on capital employed (RoCE) over the next three years.
- Sep 20, 2016 04:31 PM IST
In an interview to CNBC-TV18, Sajjan Kedia, VP-Finance & Corporate Compliances at Lux Industries said Dankuni, West Bengal plant should be operational by September-end or first week of October.
- Mar 01, 2016 04:30 PM IST
Targeting a realistic 11 percent increase in tax revenue in 2016-17, the Budget has attempted to make domestic industry competitive, fuel demand and create jobs, Revenue Secretary Hashmukh Adhia said
- Nov 16, 2015 10:18 PM IST
The central government has notified the Schedule of revised All Industry Rates of Duty Drawback effective from November 23, 2015, the Finance Ministry said. Duty drawback is refund of duties on imported inputs for export items
- Jul 29, 2015 10:00 AM IST
Ashapura Intimates Fashion Ltd’s Valentine brand was adjudged “Lounge & Nightwear Brand of The Year”, which is a National Award ...
- Nov 12, 2013 11:45 AM IST
According to Arvind's Sanjay Lalbhai, the huge growth in textile and clothing is responsible for improvement in the margins of the company for the quarter ended September.
- May 10, 2012 09:32 PM IST
India's exports picked up in April after falling in March but only grew 3.2% from a year earlier.
- Sep 07, 2011 12:46 PM IST
Taking the trade route to cement bilateral ties, Prime Minister Manmohan Singh has announced duty-free import of 61 items from Bangladesh that were barred from entering India.
- Feb 17, 2011 08:14 AM IST
Blame the high price of cotton for T-shirts that might feel just a bit scratchier this spring, or pants that seem to stretch out after one washing.