Economy

World Bank Approves US$ 500 Mn For Morocco’s Jobs And Green Growth Push

Textile Insights April 13, 2026

The World Bank has approved a US$ 500 million financing package for Morocco under the First Jobs and Green Growth Development Policy Loan, aimed at boosting employment, strengthening SMEs and accelerating the country’s green transition. The programme, the first in a planned series of three

Economy

India Growth To Ease to 6.6% In FY27: World Bank

Textile Insights April 13, 2026

India’s economic growth is projected to moderate to 6.6% in FY27, as elevated energy prices and supply chain disruptions linked to tensions in the Middle East weigh on overall activity, according to the latest update from the World Bank. Despite the expected slowdown, the country is set to remain one of the fastest-growing major economies […]

Economy

India Eyes Deeper Gulf Partnerships Post Ceasefire

Textile Insights April 13, 2026

India is intensifying its diplomatic and economic engagement with the Gulf at a time when the region is cautiously stabilising after weeks of geopolitical strain, positioning itself as both a dependable energy partner and a broader anchor of economic confidence. With a fragile ceasefire easing tensions involving Iran, Israel and the United States, New Delhi […]

Economy

Bangladesh Garment Sector Hit By Iran Conflict, Rising Costs

Textile Insights April 9, 2026

Bangladesh’s garment industry is facing renewed pressure as the Iran conflict disrupts shipping routes and drives up energy costs, threatening the country’s key export engine. The ready-made garment (RMG) sector, which contributes over 80% of export earnings and employs around 4 million people, is witnessing slower momentum as logistics delays and rising freight costs

Economy

Tax Uncertainty Tops Bangladesh Pre-Budget Talks

Textile Insights April 8, 2026

Foreign business chambers have raised concerns over tax unpredictability, rising fiscal burden and trade policy imbalances during a pre-budget consultation in Dhaka, urging the government to create a more stable and investor-friendly environment. The issues were highlighted at a discussion organised by the European Union Chamber of Commerce in Bangladesh with the National

Economy

RBI Likely To Hold Rates Amid Inflation Risks From Global Turmoil

Textile Insights April 7, 2026

Reserve Bank of India is expected to keep the benchmark repo rate unchanged at 5.25% in its April monetary policy review, as rising inflation risks linked to the ongoing Middle East crisis complicate the outlook, according to economists. A poll indicates that the central bank is likely to adopt a cautious approach amid heightened uncertainty […]

Economy

Ludhiana Textile Sector Weathers LPG Crisis, But Cost Pressures Mount

Textile Insights April 7, 2026

Ludhiana’s textile and hosiery industry has remained largely insulated from the ongoing LPG shortage that has disrupted manufacturing activity in several parts of the country, thanks to its continued reliance on alternative fuels. Unlike major textile hubs such as Surat, where a widespread shift to LPG has forced production cuts and temporary shutdowns, Ludhiana’s units

Economy

Moody’s Cuts India Growth Forecast To 6% Amid West Asia Conflict Risks

Textile Insights April 7, 2026

Moody’s Ratings has lowered India’s GDP growth forecast for FY27 to 6%, down from its earlier estimate of 6.8%, citing the economic impact of the ongoing West Asia conflict on energy supplies, inflation, and overall growth momentum. In its latest credit opinion report, Moody’s warned that prolonged disruptions particularly in LPG shipments could lead to […]

Economy

India’s Growth Momentum Shows Early Signs Of Moderation Amid West Asia Shock

Textile Insights March 30, 2026

India’s economic trajectory, which remained firmly resilient through early 2026, is now showing initial signs of moderation as external pressures begin to filter into the domestic landscape, according to the latest Monthly Economic Review released by the Ministry of Finance. The report highlights that escalating geopolitical tensions in West Asia, combined with a sharp

Economy

S&P Global Raises India’s FY27 Growth Outlook To 7.1%, Flags Geopolitical Risks

Textile Insights March 26, 2026

S&P Global has revised India’s economic growth forecast upward for FY2026–27, projecting GDP expansion at 7.1 percent, an increase of 40 basis points from its earlier estimate. Despite the upgrade, the agency expects growth to moderate from the estimated 7.6 per cent in the current fiscal year (FY2025–26). In its latest Asia-Pacific economic outlook, the […]