The Reserve Bank of India has rolled out the Digital Payments – E-Mandate Framework, 2026 to make recurring digital transactions more seamless, secure and user-centric, while strengthening a consent-driven autopay ecosystem. A key feature of the framework is the mandatory 24-hour pre-debit
India’s textile industry has urged the Government of India to allow duty-free cotton imports as domestic prices continue to rise in line with global trends, putting pressure across the value chain. The sharp increase in cotton prices is impacting margins from spinning mills to garment exporters, with exporters particularly vulnerable due to fixed long-term contracts […]
The Government of India has revised stock limits on raw jute to ensure fair distribution, curb hoarding, and stabilise prices following a sharp surge in recent months. The move amends earlier restrictions issued by the Jute Commissioner on March 20, 2026, amid concerns over tight supplies as market prices continued to remain well above the […]
India-linked tariff refunds on exports to the United States are estimated at US$ 10–12 billion, following the opening of a US$ 166 billion claims window by US authorities for duties imposed during the administration of Donald Trump that were later struck down by courts, according to the Global Trade Research Initiative. The refund process, which […]
India’s economy is projected to grow at 6.4% in 2026 and 6.6% in 2027, according to the Economic and Social Survey of Asia and the Pacific 2026 released by United Nations Economic and Social Commission for Asia and the Pacific. The report highlights India as the primary growth engine in South and South-West Asia, where […]
The Aditya Birla Group, a US$ 67 billion global conglomerate headquartered in Mumbai, highlighted its expanding capabilities in technical textiles at Techtextil 2026 in Frankfurt, strengthening India’s growing stature as a global hub for high-performance textile solutions. The group’s participation imitates its strategic evolution from a US$ 5 billion textile value chain
The Tirupur Exporters Association (TEA) has called on the Reserve Bank of India (RBI) to introduce targeted funding mechanisms for MSME exporters and issue clear directives to banks to ensure seamless credit flow to the sector. The demand was raised during an interactive session jointly organised by TEA and RBI, focusing on the private investment […]
The Ministry of Commerce and Industry has rolled out key reforms to streamline the functioning of Norms Committees under the Directorate General of Foreign Trade, aiming to accelerate approvals under export-linked schemes and ease processes for exporters. The move focuses on faster clearance of applications under the Advance Authorisation (AA) and Duty-Free Import
India is navigating the ongoing oil price surge and West Asia conflict from a position of resilience, with GDP growth projected at 6.8%–7.1% for FY27, according to a report by SBI Research. The report noted that unlike past oil shocks that triggered recessions in the United States, the current scenario is different due to strong […]
New Zealand and India are set to formally sign their long-awaited Free Trade Agreement (FTA) on April 27 in New Delhi, marking a significant step forward in bilateral trade ties, with notable implications for the textile and apparel sectors. Confirming the development, Trade and Investment Minister Todd McClay said the agreement has completed legal verification […]





















