Covid-19 Lockdown To Severely Impact Textile Sector Earnings

The virus-triggered global lockdowns, especially in key EU and US markets, are bound to impact growth of the Indian garment and textile industry, at...

Deloitte Forecasts Mild Downturn To Severe Slowdown For Indian Economy

The COVID-19 pandemic has created a number of challenges for the government through its adverse impacts on economic growth and domestic demand. It is...

We Need To Learn Some Lessons From This Crisis

Novel Coronavirus! It is a war with an invisible enemy. The virus that started in Wuhan, China has now impacted almost all parts of...

China’s economy shrank 6.8% in Q1 2020

The coronavirus pandemic has dragged China's economy into its worst three-month period in decades — and the road toward recovery will likely be long....

RBI Cuts Reverse Repo Rate From 4% To 3.75%

The Reserve Bank of India (RBI) announced a host of measures, including injecting Rs 50,000 crore via targeted long-term repo operations, so that banks...

Subdued Exports Could Hit Textile Sector’s Recovery: Ind-Ra

India Ratings and Research (Ind-Ra) believes that textile companies across the value chain could witness a top line contraction of 20%-25% yoy in FY21,...

Industry Welcomes RBI Package To Address COVID-19 Crisis

This massive cut has brought down repo rate to 4.4%, which is the lowest ever.Cuts repo rate by a 75 basis points This massive cut...
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman announcing the several relief measures across multiple sectors in view of COVID-19 outbreak, during a press conference through video conference, in New Delhi on March 24, 2020.

India’s FM Announces Rs 1.7 Trillion Relief Package

The FM announced a slew of measures to ease the burden on the poor who will be hit hard by the lockdown.India’s finance minister...
Brexit

What Next After Britain’s Exit From The EU

Traders the world over selling to EU customers will likely know that the UK “Brexited” from the European Union on 31 January 2020 at...

Retail Sector Expectations From Union Budget 2020

With budget 2020 being around the corner, there is hope that the new policies will have a positive impact on the retail and the...

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