by DIGITAL MEDIA EXECUTIVE | Jun 8, 2023 | cotton industry
Despite a large crop this season, farmers have chosen not to aggressively sell cotton because the current prices are lower than they were last year. As a result, the arrival of cotton at market yards has been gradual. The GujCot Association reports that, as of May,...
by DIGITAL MEDIA EXECUTIVE | Jun 3, 2023 | Finance & Economy
According to financial market experts surveyed by ZEW Mannheim, the inflation rate in the Eurozone is anticipated to continue high but gradually drop over the coming years. The survey results, which were released in May 2023, indicate that it is likely that the...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | cotton industry, COTTON PRICE
The Southern India Mills Association (SIMA), the apex body of spinning mills in South India, has asked farmers to dispose of cotton stocks held back by them before the monsoon begins to fetch better prices. “It will be difficult to gin cotton during the rainy season,”...
by DIGITAL MEDIA EXECUTIVE | May 29, 2023 | Business & Policy
To foster an environment where micro, small, and medium-sized enterprises (MSMEs) may grow their operations and draw in more investments, the government will provide incentives for the construction of industrial parks on private property. Despite the fact that...
by DIGITAL MEDIA EXECUTIVE | May 22, 2023 | Import/Export
India’s total exports (goods plus services) increased by 14.2% over 2021–22 to reach a high of $772.9 billion in 2022–23, above the nation’s objective of $750 billion. Since the pandemic subsided, the performance has been outstanding. But difficulties...
by DIGITAL MEDIA EXECUTIVE | May 19, 2023 | COTTON PRICE
According to a prominent trade organisation, India’s cotton exports are expected to reach their lowest level in 18 years in 2022–2023 after production fell short of local demand for the second straight year. Lower exports from the largest producer on the planet...
by DIGITAL MEDIA EXECUTIVE | May 18, 2023 | Trade Analysis
According to official figures, India’s goods exports decreased 12.7% year over year to $34.66 billion in the first month of FY24 due to weak demand and a global economic downturn. In April, the trade imbalance reached a 20-month low of $15.2 billion, down from...
by DIGITAL MEDIA EXECUTIVE | May 10, 2023 | COTTON PRICE, Fibres and Yarns
INSIGHTS Mumbai and Tiruppur’s cotton yarn markets are seeing sluggish buying and falling pricing. Mumbai market mills and dealers are under pressure to sell stocks, which lowers stock prices. The lack of demand in Tiruppur causes vendors to lower their prices....
by DIGITAL MEDIA EXECUTIVE | May 8, 2023 | cotton industry, COTTON PRICE
The domestic market for cotton is seeing fewer arrivals, which is causing a rise in the demand for imported cotton in the textile industry. Sources claim that 2.50 lakh duty-free bales from Australia have been ordered by Indian spinners. In three months, this cargo is...
by DIGITAL MEDIA EXECUTIVE | May 8, 2023 | Business & Policy, Finance & Economy
INSIGHTS According to the most recent Hamburg Commercial Bank purchasing managers’ index survey, the eurozone economy continued its monthly expansion at the start of the second quarter, extending the expansionary trend witnessed since the year’s...
by DIGITAL MEDIA EXECUTIVE | May 6, 2023 | science and technology
As a producer of high-performance aluminium flyers, InspirOn Engineering (P) Limited (IEPL) has established itself on a global scale. The business is prepared to exhibit their goods at ITMA Milan in 2023. Every four years, a European textile-based location hosts ITMA,...
by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | Finance & Economy
The growth outlook for Nepal’s economy remains highly uncertain. While robust tourist arrivals, healthy remittances flows and forex reserves provide comfort, several headwinds could offset the positive impact. Heavy reliance on imports, dismal foreign direct...