by DIGITAL MEDIA EXECUTIVE | May 26, 2023 | Trade Analysis
Exporters have urged the government to allow small businesses availing themselves of the amnesty scheme to pay liabilities in instalments over a period of time instead of making the entire payment by September 30. The amnesty scheme is aimed at the one-time settlement...
by DIGITAL MEDIA EXECUTIVE | May 17, 2023 | Corporate Update
PDS Limited, a firm that provides tailored solutions to international brands and retailers, had a topline of 10,577 crores in fiscal 2023 (FY23), an increase of 20% from 8,828 crores in FY22. The business had a gross margin of 16.7%. With FY23 margins of 4.3%, EBITDA...
by DIGITAL MEDIA EXECUTIVE | May 5, 2023 | Business & Policy, Finance & Economy
The Lenzing Group, a major provider of specialty fibres to the textile and nonwovens sectors, performed well commercially during the first quarter of 2023, mostly reflecting market trends. However, after the market environment had significantly deteriorated in the...
by DIGITAL MEDIA EXECUTIVE | Apr 24, 2023 | Country Report
The Covid-19 outbreak exposed the weaknesses in our supply networks and the scarcity of necessary goods. It re-emphasized the necessity of the Atma Nirbhar Bharat initiative, and rightfully so.Awakening the ‘Make in India’ dream once more. But there is...
by DIGITAL MEDIA EXECUTIVE | Apr 10, 2023 | Textile Articles
On Friday, Federal Minister Piyush Goyal announced that the Rs 4,445 crore PM MITRA programme would create seven major textile parks in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh. The parks will bring in an estimated Rs...
by DIGITAL MEDIA EXECUTIVE | Apr 10, 2023 | Import/Export
Prior FTPs placed a strong emphasis on paying exporters according to their export performance. Transferrable scrips served as the medium of payment. They could be employed to pay customs duties. There were also numerous exemption plans. The transition to remission...
by DIGITAL MEDIA EXECUTIVE | Mar 20, 2023 | Textile Articles
According to Sanjay Kumar Jain of Delhi-based TT Ltd, “These parks will stimulate investment after the global slump is over and attract substantial foreign direct investment since they give world class facilities at a scale.” According to sources, the...
by DIGITAL MEDIA EXECUTIVE | Mar 15, 2023 | Finance & Economy
Synopsis Credit offtake rose by 15.5% year on year (y-o-y) for the fortnight ended February 24, 2023. In absolute terms, credit offtake expanded by Rs.15.6 lakh crore to Rs.134.5 lakh as of February 24, 2023 from March 2022. The growth has been driven by personal...
by DIGITAL MEDIA EXECUTIVE | Mar 13, 2023 | Country Report, PRICE REPORT, Product Report
According to a new market research report, the “Lithium-ion Battery Recycling Market by End Use (Automotive, Non-automotive), Battery Chemistry, Battery Components, Recycling Process (Hydrometallurgical Process, Pyrometallurgy Process, Physical/ Mechanical...
by DIGITAL MEDIA EXECUTIVE | Mar 10, 2023 | Finance & Economy, Yarn Price
Despite a predicted decline in price realisation of 3-5%, operating profitability for producers of polyester yarn will increase by 100 basis points (bps) year over year. A CRISIL analysis states that this will be fueled by fewer imports from China, cheaper raw...
by DIGITAL MEDIA EXECUTIVE | Mar 8, 2023 | Finance & Economy
Binary options trading has gained significant popularity in recent years due to its simplicity and potential for high returns. This type of trading involves predicting whether the price of a specific asset, such as stocks, currencies, or commodities, will go up or...
by DIGITAL MEDIA EXECUTIVE | Mar 2, 2023 | Country Report
According to a study conducted by the MSME Export Promotion Council, Gujarat has attracted nearly Rs 8 lakh crore in investment proposals over the last four years. Between 2018-19 and 2021-22, the proposals were made by the government, the Indian private sector, and...
