by TEXTILE VALUE CHAIN | May 24, 2024 | Finance & Economy, News & Insights
The sharp rally in the stock market ahead of Lok Sabha election results reflects an optimistic outlook for the world’s fifth largest economy despite global economic and geopolitical uncertainties. The Sensex has crossed a record 75,300 mark which signals investor...
by DIGITAL MEDIA EXECUTIVE | Jun 6, 2023 | News & Insights
According to the Federal Statistical Office (Destatis), in April 2023, almost 45.7 million people who called Germany home had jobs. In March 2023, the number of people with jobs increased by 15,000 (0.0%), seasonally adjusted, which was a smaller increase than in the...
by DIGITAL MEDIA EXECUTIVE | May 27, 2023 | Import/Export
According to exporters, India’s exports of commodities to the European Union country from industries like garments, footwear, and leather goods are anticipated to suffer as a result of Germany’s economy declining for two straight quarters. Germany’s...
by DIGITAL MEDIA EXECUTIVE | May 25, 2023 | apparel
The State government is supporting numerous ambitious projects, which will result in a significant boom for Sircilla’s garment industry and related sectors. The most notable of them is an apparel manufacturing facility being built by Bengaluru-based Texport, a...
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | Business & Policy
Richland County will be the site of the first South Carolina operations for Xerxes, a Shawcor Ltd. affiliate. 80 new employment will be added by the business. With the installation of a new production facility for its Xerxes division, Shawcor Ltd., the parent company...
by DIGITAL MEDIA EXECUTIVE | May 20, 2023 | Finance & Economy, Trade Analysis
As two sizable democracies, India and the EU have a long history of shared principles, political interactions, and shared interests. The resumption of negotiations for a bilateral trade agreement coincided with the 60th anniversary of the two economies’...
by DIGITAL MEDIA EXECUTIVE | May 19, 2023 | Trade Analysis
According to a formal statement released on Tuesday, India and the European Union (EU) have agreed to quicken the ongoing free trade agreement negotiations by reaching consensus on all matters. The topic was raised during a meeting in Brussels between Piyush Goyal,...
by DIGITAL MEDIA EXECUTIVE | May 19, 2023 | News & Insights
INSIGHTS The seasonally adjusted unemployment rate in Australia increased by 0.1 percentage points to 3.7% in April. A 4,000 job loss occurred, and 18,000 more people became unemployed. To 64.2%, the employment-to-population ratio decreased by 0.2 percentage points....
by DIGITAL MEDIA EXECUTIVE | May 11, 2023 | Business & Policy, PRICE REPORT
The nation’s purchasing and supply executives predict that the U.S. economy will continue to grow slowly for the remainder of 2023 in their Spring 2023 Semiannual Economic Forecast. Despite ongoing inflation and geopolitical uncertainties, expectations for the...
by DIGITAL MEDIA EXECUTIVE | May 10, 2023 | Finance & Economy
In its 117th State Level Single Window Clearance Authority (SLSWCA) meeting, which was presided over by Odisha Chief Secretary Pradeep Kumar Jena, the Odisha Government on Monday approved 11 projects with investment plans totaling Rs 2,840 crore. 11 industrial...
by DIGITAL MEDIA EXECUTIVE | May 5, 2023 | Market Reports
One of the first sectors to join the Northern Province after the Sri Lankan civil war ended in 2009 was the garment industry in an effort to inject much-needed capital into the community’s reconstruction. After more than ten years, the garment industry is still...
by DIGITAL MEDIA EXECUTIVE | May 5, 2023 | Fibres and Yarns
According to the latest Manufacturing ISM® Report On Business® from the nation’s supply executives, the manufacturing sector’s economic activity shrank in April for the sixth consecutive month after 28 months of gain. Timothy R. Fiore, CPSM, C.P.M., Chair...