The escalating Iran conflict has triggered a sharp surge in global oil prices, posing significant risks for oil-dependent Asian economies, with countries such as India, Thailand, South Korea and Philippines among the most vulnerable due to their high reliance on imported energy, according to a
The long-suspended Indo-Tibet trade route through the Shipki La pass in Kinnaur is set to reopen from June this year, marking a significant revival of traditional cross-border commerce halted since 2020 due to the Covid-19 pandemic. Himachal Pradesh’s Tribal Development and Revenue Minister Jagat Singh Negi said the easing of earlier restrictions and improving conditions
The Indian rupee briefly slipped past the 94 per dollar mark for the first time in intraday trade on March 23rd, before staging a recovery to close unchanged at 93.53 against the US dollar, as persistent global and domestic pressures kept the currency volatile. At the interbank foreign exchange market, the rupee opened weaker at […]
India’s push to deepen global economic partnerships and strengthen domestic industry gathered pace as Union Commerce and Industry Minister Piyush Goyal held a series of high-level interactions with international counterparts and business leaders. In a virtual meeting with Marcelo Ebrard, Secretary of Economy of Mexico, the discussions centred on expanding bilateral trade,
The Confederation of Indian Textile Industry–Cotton Development and Research Association (CITI–CDRA), in collaboration with the ICAR-Central Institute for Cotton Research, Shaktiman Agro and RASI Seeds, organised a live demonstration on machine harvesting of cotton at the HDPS Cotton Farm of CICR in Nagpur on February 27. The programme featured a technical session with
India’s economic resilience is coming under renewed pressure as escalating tensions involving the United States, Israel and Iran begin to disrupt its deep economic linkages with the Gulf, a region central to its energy security, trade flows and remittance inflows according to a report by The New York Times. Only weeks ago, India appeared well […]
State-owned oil marketing companies have implemented a steep hike in industrial diesel prices, raising rates by Rs 22 per litre while leaving retail prices unchanged, signalling a targeted approach to margin recovery amid sustained pressure from global crude markets. As per a March 22 report by Nomura, the price of diesel sold to bulk and […]
Surat’s textile processing sector is scaling down operations, with mills set to remain shut two days a week as cost pressures and supply disruptions intensify. The decision, taken unanimously by the South Gujarat Textile Processors Association (SGTPA), reflects growing stress in one of India’s largest textile manufacturing hubs. The move is aimed at curbing production […]
Gartex Texprocess India Mumbai, incorporating The Denim Show, will bring together the garment and apparel manufacturing value chain from April 9–11, 2026, at the Bombay Exhibition Centre. Amid strong growth in India’s USD 179 billion textile sector, the exhibition will serve as a key platform for machinery manufacturers, technology providers, fabric suppliers, and
Vardhman Polytex has approved the issuance of INR-denominated, listed, senior, secured, rated, redeemable Non-Convertible Debentures (NCDs) worth up to Rs 35 crore on a private placement basis. The decision was cleared by the company’s board of directors at its meeting held on March 19, 2026, subject to necessary regulatory approvals. Vardhman Polytex is engaged in […]





















