Here is what to expect, as the largest ever Pakistani business delegation visits Delhi on April 13 to showcase their local industry, reports CNBC-TV18's Malvika Jain.
While the draft FDI policy on retail is at a fairly advanced stage of approval, a proposed condition may not be compatible with WTO norms. The CoS has formed another panel to look in to the issue, reports CNBC-TV18's Malvika Jain.
A realistic price range for cotton in the domestic textile market will once again exist, after the Centre lifted restrictions on cotton exports and moved to bring exports under Open General Licence (OGL). Textile Secretary Rita Menon told CNBC-TV18 that the cotton prices would marginally rise after the lift on export ban.
The government has set up a target of USD 14 billion for garments exports in the 2011-12 fiscal as demand is on the rise in the western markets, Textiles Secretary Rita Menon today said.
The government decided to permit exports of an extra 10 lakh bales of cotton during the current season ending September. Rita Menon, textile secretary doesn’t see impact on industry margins due to cotton exports.
In a bid to incentivise cotton yarn exports, the ministry of commerce is likely to reinstate the duty entitlement passbook scheme for the sector.