by TEXTILE VALUE CHAIN | May 23, 2024 | Import/Export, News & Insights
goods coming in and out of the United States. The continued growth in container units highlights the Port of Los Angeles’ importance in the global supply chain and its role in supporting the economy. In April 2024, the Port of Los Angeles reported processing...
by TEXTILE VALUE CHAIN | May 6, 2024 | Finance & Economy, News & Insights
Economists foresee a deceleration in the growth of factory output, indicated by the Index of Industrial Production (IIP), with a projected decrease to 4.7% in the fiscal year 2025 from the estimated 6.1% in FY24. This anticipated slowdown is attributed to the...
by TEXTILE VALUE CHAIN | Apr 20, 2024 | Finance & Economy, News & Insights
Highlights: Global Economy Fed keeps policy rate unchanged. Policymakers stick to plans of three rate cuts in 2024. BoJ raises short term interest rate after 8 years. Markets expect 75bps of Fed rate cuts in 2024 starting June vs earlier expectation of 150bps starting...
by TEXTILE VALUE CHAIN | Apr 17, 2024 | News & Insights, Sustainability
The winners of this year’s Innovation Awards given by the leading international trade fairs, Techtextil and Texprocess, have been chosen. A total of 15 winners in eight categories receive the coveted awards for their pioneering research, new products, processes or...
by TEXTILE VALUE CHAIN | Apr 8, 2024 | Finance & Economy, News & Insights
The need for higher income and a better work-life balance forces more and more people to look for supplementary sources of income. Among those, investing stands out as a legal and potentially profitable way to accrue wealth, safeguard personal savings against...
by TEXTILE VALUE CHAIN | Mar 27, 2024 | News & Insights
“Los Angeles is excited to partner and support India’s aspiration to become the third largest economy by 2027. We are here to strengthen people to people and business connections with India and this is the prime time to strengthen our partnership as India is the...
by TEXTILE VALUE CHAIN | Mar 20, 2024 | Business & Policy, Finance & Economy, News & Insights
The India-EFTA Trade and Economic Partnership Agreement (TEPA) marks a significant milestone in India’s pursuit of Free Trade Agreements (FTAs) by fostering closer economic ties with European Free Trade Association (EFTA) countries – Switzerland, Norway,...
by TEXTILE VALUE CHAIN | Feb 13, 2024 | Finance & Economy, News & Insights
Growth in India’s industrial output accelerated to 3.8% in December improving from an eight-month low of 2.4% in November. Encouraging sequential growth across the mining, manufacturing and electricity sectors has supported growth during the month despite an...
by TEXTILE VALUE CHAIN | Feb 6, 2024 | Finance & Economy, News & Insights
Key Highlights: The overall economic outlook remains upbeat despite challenges in specific sectors. RBI is likely to revise its growth projections upward. While headline inflation is elevated, primarily due to rising food prices, core inflation remains relatively...
by TEXTILE VALUE CHAIN | Jan 31, 2024 | Insurance, News & Insights
The Russia-Ukraine conflict has already been hindering global trade, but now, the Houthi attacks on ships travelling through the Red Sea have intensified the difficulties faced by traders. The attacks have forced shippers to reroute their vessels, resulting in delays,...
by TEXTILE VALUE CHAIN | Jan 31, 2024 | Finance & Economy, News & Insights
The Bharat Chamber of Commerce (BCC) in collaboration with the Indian Council of Arbitration organised a Symposium on ‘Unravelling India’s New Foreign Trade Policy for India’s Growth’ on Saturday at ‘The Oberoi Grand’ in Kolkata. The symposium aimed to shed light on...
by TEXTILE VALUE CHAIN | Jan 22, 2024 | Finance & Economy, News & Insights
January 20, 2024: The Indian delegation at the 54th World Economic Forum (WEF) Annual Meeting, from January 15 to January 19, 2024, in Davos, Switzerland, made an impactful showcase as India was in the spotlight throughout the event, attracting attention to its strong...
