Economy

Rupee Crashes Past 90 As Trade Deal Uncertainty And Outflows Intensify

Textile Insights December 5, 2025

The rupee slid to a record low beyond 90 per dollar on December 3, driven by persistent foreign outflows, heavy offshore speculation and uncertainty over the delayed India–US trade deal. The currency has been weakening for several sessions, repeatedly setting new lows and renewing concerns over

Economy

India’s Economic Growth Slows To 14-Month Low In October: ICRA

Textile Insights November 27, 2025

India’s economic activity growth eased sharply in October 2025, with the ICRA Business Activity Monitor registering a year-on-year increase of just 5.9%, the slowest pace in 14 months, compared with 8.3% in September. The slowdown was driven by excess unseasonal rainfall 149% of the long-period average alongside the impact of US tariffs and penalties and […]

Economy

Government Implements Four Labour Codes, Marking Historic Reform For India’s Workforce

Textile Insights November 27, 2025

The Government of India has implemented the four Labour Codes from 21 November 2025, marking one of the most significant labour reforms in the country’s history. Replacing 29 existing laws, the Codes on Wages, Industrial Relations, Social Security and Occupational Safety, Health and Working Conditions establish a modern, unified regulatory framework aimed at strengthening

Economy

DuPont Global Awards Honour Breakthrough PPE & Emergency Response Innovations

Textile Insights November 24, 2025

DuPont has announced the global winners of its 2025 DuPont Innovation Awards for Thermal and Mechanical Protection, celebrating breakthrough products in personal protective equipment (PPE) and emergency response. This marks the first year the awards were opened globally to innovations using Nomex or Kevlar fabrics, reflecting the rising need for multi-hazard protection.

Economy

Giriraj Singh Inaugurates Special Handloom & Handicraft Exhibition At IITF 2025

Textile Insights November 24, 2025

Union Minister of Textiles Giriraj Singh inaugurated the Special Handloom & Handicraft Exhibition-cum-Sale at the India International Trade Fair (IITF) in Bharat Mandapam, New Delhi. The event was attended by Neelam Shami Rao, Secretary, Ministry of Textiles, along with senior ministry officials. Speaking at the inauguration of the Textiles Pavilion, the Minister said

Economy

German Economic Outlook Weakens As LEI Falls

Textile Insights November 9, 2025

The Conference Board Leading Economic Index (LEI) for Germany fell for the second consecutive month in August 2025, declining 0.5% to 87.6 (2016=100), following a 0.2% drop in July. Despite the recent monthly declines, the LEI still recorded 0.3% growth over the past six months, the same pace as the previous six-month period. The Conference […]

Economy

Germany’s Fiscal Expansion Expected To Lift Growth Above Forecasts, Says Goldman Sachs

Textile Insights November 9, 2025

Germany’s plan to significantly increase spending on infrastructure and defence is set to push economic growth above its long-run potential and above current market expectations over the next several years, according to a new outlook from Goldman Sachs Research. The government led by Chancellor Friedrich Merz has announced €500 billion in infrastructure investment over 12

Economy

Vietnam, Austria Seek Stronger Ties In Skilled Labour And Investment

Textile Insights November 6, 2025

Vietnam is looking to deepen cooperation with Austria in skilled labour exchange and investment, Vietnamese Ambassador to Austria Vu Le Thai Hoang said during a working session with Rene Tritscher, head of the Austrian Business Agency (ABA). Ambassador Hoang highlighted Vietnam’s favourable investment climate, inviting Austrian companies to explore opportunities in

Economy

Staubli Unveils SAFIR PRO S37 Automatic Drawing-in Machine At ITMA Asia 2025

Textile Insights October 29, 2025

At ITMA Asia 2025, Staubli has unveiled its latest innovation, the SAFIR PRO S37 automatic drawing-in machine, setting new benchmarks in weaving automation and precision. Designed to handle filament yarns at high speed, the SAFIR PRO S37 ensures efficient workflow and exceptional fabric quality, catering to demanding applications such as airbags, sportswear, waterproof

Economy

AUTEFA Solutions Showcases Production Technology At ITMA Asia 2025

Textile Insights October 29, 2025

AUTEFA Solutions is showcasing its full-line production technology at ITMA Asia + CITME 2025 Representing its three Business Units, Nonwovens, Baling Technology, and Woollen Carding — the company is featuring state-of-the-art machinery, including the trade-fair premiere of the Stylus ONE needle loom. The Stylus ONE, based on proven Fehrer technology, delivers up to 1,500