Himatsingka Seide Limited reported consolidated revenue of Rs 661.02 crore for Q1 FY26, down 10.4% year-on-year, impacted by global trade uncertainty and proposed additional 25% US tariffs. EBITDA stood at Rs 124.75 crore with an 18.9% margin, compared to Rs 148.90 crore and 20.2% a year ago.
The recently finalised Free Trade Agreement (FTA) between India and the United Kingdom is expected to deliver substantial economic benefits, including a surge in Indian exports, enhanced worker mobility, and a boost in remittances, according to a report by S&P Global Market Intelligence. In 2024, Indian workers abroad sent home approximately US$ 130 billion, accounting
India’s apparel and home textiles trade with the UK is expected to double over the next five to six years, driven by the recently concluded Free Trade Agreement (FTA) between the two nations, according to credit rating agency ICRA. The FTA is anticipated to come into effect by calendar year 2026, pending legal formalities. Signed […]













