by TEXTILE VALUE CHAIN | Jan 10, 2024 | Business & Policy, Insurance, News & Insights
10 January 2024, Hong Kong The Eurofins Assurance network of companies is pleased to announce that it has received ISO/IEC 17020:2012 accreditation from ANSI National Accreditation Board (ANAB) for its consumer products inspection services. ISO/IEC 17020:2012 examines...
by TEXTILE VALUE CHAIN | Jan 8, 2024 | Import/Export, Insurance, News & Insights
The Red Sea crisis has begun to impact India’s export sector, leading to a rise in shipping and insurance costs for shipments to the European Union (EU), the east coast of the United States (US), parts of Africa, and the Middle East. A senior government official...
by TEXTILE VALUE CHAIN | Dec 20, 2023 | Insurance, News & Insights
Overview The non-life insurance industry reported a premium of Rs 20,897.6 crore in November 2023, rising by a more sedate 8.8%, compared to last month’s 13.6% and 22.1% in November 2022. This slower growth can primarily be attributed to slow growth in Health and...
by TEXTILE VALUE CHAIN | Dec 7, 2023 | Insurance, News & Insights
Introduction Flood insurance is a critical component of protecting your assets, especially in an era of unpredictable weather patterns. However, numerous myths surround flood insurance, causing confusion and potentially leaving homeowners vulnerable. This article aims...
by TEXTILE VALUE CHAIN | Nov 21, 2023 | Articles, Finance & Economy, In-Depth Analysis, Insurance, News & Insights
In today’s unpredictable world, safeguarding our financial well-being is paramount. Term insurance is a robust shield, ensuring that you and your loved ones are protected, whatever may happen. Read all about the core concept of term insurance, its advantages,...
by TEXTILE VALUE CHAIN | Nov 18, 2023 | Insurance, News & Insights
Overview Following robust growth in FY23, first-year premium numbers in FY24 have been moving in a subdued manner. For the month of October 2023 witnessed an increase of 7.6%, breaking the fall observed for the last three months. Despite this improvement, the...
by TEXTILE VALUE CHAIN | Oct 12, 2023 | Articles, In-Depth Analysis, Insurance
Following robust growth in FY23, first-year premium numbers in September 2023 witnessed a decline of 15.5%, an improvement from the 18.5% decrease observed in August. This trend was preceded by a more substantial drop of 28.7% in July and compares unfavourably to a...
by TEXTILE VALUE CHAIN | Jun 20, 2023 | Insurance
Overview In May 2023, the non-life insurance industry reported a premium of Rs 18,196.0 crore growing by 18.1% y-o-y, compared to 25.3% in the same period last year. Meanwhile, for the first two months of FY24, the industry has continued to report double-digit ...
by DIGITAL MEDIA EXECUTIVE | Apr 4, 2023 | Textile Articles, Trade Analysis
Under the new Foreign Trade Policy (FTP), which also envisions the formation of a “whole of government” ministerial panel to address the complaints of small exporters, exporters may soon be able to obtain insurance coverage for some losses incurred as a...
by DIGITAL MEDIA EXECUTIVE | Apr 1, 2023 | cotton industry
(Lubbock, USA, March 31, 2023)—Cotton sector will be witnessing testing times. Over 1500 participants are gathering during March 30-31, as part of Texas Cotton Gin show in Lubbock before the beginning of the planting season in May in High Plains of Texas. While there...
by Manali bhanushali | Mar 13, 2021 | HR & Education, News & Insights
Abstract The education sector along with other major sectors of India are badly affected by the pandemic which has forced us to stay in lockdown. This has widely affected the Textile industry as well, and has created a bad impact on the UG, PG students and Ph.D...
by TEXTILE VALUE CHAIN | Nov 21, 2019 | Industry And Cluster, News & Insights
In 2018-19, 29.93 lakh bales have been imported and 42.83 lakh bales exported up to 31.01.2019as per Directorate General of Commercial Intelligence and Statistics (DGCIS), Kolkata. Cotton balance sheet including quantity of import and export as finalized by the Cotton...