E-comm welcome to work within India's laws: Piyush Goyal
“We welcome e-commerce to work within the framework and the laws of the land,” Piyush Goyal said at the Times Now Summit. The minister said that e-commerce platforms are supposed to work as an agnostic platforms, giving buyers and sellers an opportunity to transact there. “The platform cannot push buyers towards a certain seller,” he added.
Coronavirus effect: Global buyers turn to India for textiles, ceramics and homeware
In the past 10 days or so, Indian manufacturers and expor...
Welspun India Q3 results: Net jumps 50% at Rs 75 crore
Revenue from operations for the said period stood at Rs 1,665.4 crore
Stock market update: Cement stocks mixed; Century Textiles up 5%
The NSE Nifty50 index was trading 13.20 points up at 11992.85.
Mega textile parks on the anvil; government revamps scheme
The government is considering a plan to set up 1,000-acre mega textile parks as it revamps the Scheme for Integrated Textile Park . A total of 59 textile parks have been sanctioned under SITP by the textiles ministry out of which 22 textile parks have been completed and rest are under various stages of construction Textiles ministry has circulated a cabinet note.
Budget 2020: FM proposes National Technical Textile Mission at Rs 1,480-cr outlay
Finance Minister Nirmala Sitharaman on Saturday proposed National Technical Textile Mission with an outlay of Rs 1,480 crore over four years to cut down imports.
Abolition of anti-dumping duty on PTA, a step in the right direction: SIMA
The Ministry of Textiles has envisaged to increase the textile business size from the current level of around US$ 169 billion to US$ 350 billion by 2025 and to US$ 650 billion by 2030 in its draft Textile Policy being formulated by the Government.
Budget 2020: New reforms announced in budget will accelerate economy, says PM Modi
Budget 2020: New reforms announced in budget 2020 will accelerate economy, PM Modi said on Saturday. The PM said agriculture, infrastructure...
Buy Century Textiles, price target Rs 580: Manas Jaiswal
The analyst suggested a stoploss at Rs 549.
Buy Century Textiles, price target Rs 573: CK Narayan
The analyst suggested a stoploss at Rs 556.
Requested govt to allocate adequate funds : SIMA Secretary on Union Budget 2020
The Union Budget 2020 has to be presented this week. Textile industry is expecting positive announcements in general budget. The textile ind...
Stock market update: Cement stocks advance; Century Textiles gains 2%
Century Textiles, JK Cements and Andhra Cements were among the top gainers.
Buy Century Textiles & Industries, price target Rs 550: CK Narayan
The analyst suggested a stoploss at Rs 530 .
Cotton prices fall in India on China virus scare
Traders anticipate a squeeze in demand from China due to the prevailing situation there.
SIMA urges Union textile minister to intervene in cotton trading policies of CCI
The Southern India Mills’ Association chief has urged the Union textile minister to instruct CCI to sell the cotton at market price so that the spinning mills could procure the cotton at a competitive price.
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