News for 'Indian Textile Industry'

'Economic rebound has run out of steam'

'Economic rebound has run out of steam'

Rediff.com9 Mar 2023

'When the average growth in the last three years was just 2.5%, how does that make us the fastest growing country?' 'They only tell you what has happened in the last 2 years; they are not taking into account what happened in FY21 on account of their mistakes.'

'If you want to invest, invest quickly'

'If you want to invest, invest quickly'

Rediff.com30 Jun 2023

'Very few of small investors stay invested for those three or four or five years.' 'If there's like a six month, one-year period when market is not doing well, you exit.' 'After the market has run up, you get in again.' 'This way you will never make returns.'

Sensex drops 273 pts on sell-off in pharma, bank stocks

Sensex drops 273 pts on sell-off in pharma, bank stocks

Rediff.com27 Jul 2021

Equity benchmark Sensex tumbled over 273 points on Tuesday, tracking losses in index majors Reliance Industries, Dr Reddy's and Axis Bank amid a massive selloff in Chinese markets. Despite opening on a positive note, the 30-share BSE index turned red to end 273.51 points or 0.52 per cent lower at 52,578.76, while the broader NSE Nifty fell 78 points or 0.49 per cent to 15,746.45. Dr Reddy's was the top loser in the Sensex pack, plunging over 10 per cent, after the company reported s 36 per cent decline in consolidated net profit at Rs 380.4 crore for the quarter ended June 30, 2021, on account of higher expenses.

COVID-19 surge not so worrying if serious cases, deaths are low: Experts

COVID-19 surge not so worrying if serious cases, deaths are low: Experts

Rediff.com31 Aug 2020

'The new cases should be divided into three categories - mild, moderate, if a patient needs oxygen, and severe, if he/she needs ventilator support'

No end to cotton farmers' woes in Maharashtra

No end to cotton farmers' woes in Maharashtra

Rediff.com13 Aug 2014

A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone.

Trending! NaMo, Rahul jackets

Trending! NaMo, Rahul jackets

Rediff.com27 Mar 2019

With Lok Sabha elections around the corner, these bandhgalas with PM Narendra Modi and Rahul Gandhi's face printed on them are in vogue.

Rocket Boys: Our heroes have come back in flesh and blood

Rocket Boys: Our heroes have come back in flesh and blood

Rediff.com8 Feb 2022

Rocket Boys offer an overwhelming experience to me and many others who saw Homi Bhabha in action at Trombay, observes Dr K S Parthasarathy, former Secretary, Atomic Energy Regulatory Board.

India needs to reinvent manufacturing: Mukesh Ambani

India needs to reinvent manufacturing: Mukesh Ambani

Rediff.com19 Oct 2020

India's most valuable company Reliance Industries was once fined for producing more than its licensed capacity, its owner and richest Indian Mukesh Ambani said on Monday as he pitched for a push to manufacturing to make the country 'Aatmanirbhar' or self-reliant.

Order books improving but labour shortage still an issue: Exporters

Order books improving but labour shortage still an issue: Exporters

Rediff.com2 Aug 2020

India's exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country's trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent.

The unexplored foreign destinations that want Indian travellers

The unexplored foreign destinations that want Indian travellers

Rediff.com8 Nov 2017

Just an hour or so from the ones we commonly throng to, they promise a lot more for a lot less.

VRS offered by companies to pick up further: Experts

VRS offered by companies to pick up further: Experts

Rediff.com14 Apr 2014

The VRS has been mostly offered to cut costs in wake of economic slowdown, the experts said.

How Tamil Nadu has transformed to attract mega investment

How Tamil Nadu has transformed to attract mega investment

Rediff.com8 Mar 2021

A team of more than 60 people under Neeraj Mittal, an IAS officer, was instrumental in getting up the New Industrial Policy 2021 targeting investments of around Rs 10 trillion by 2025.

Sitharaman has some good news for 'honest taxpayers'

Sitharaman has some good news for 'honest taxpayers'

Rediff.com7 Jan 2020

In a bid to curb harassment of taxpayers, Sitharaman said, a faceless e-assessment scheme was launched in October to eliminate interface between an assessing officer and a taxpayer.

The Satish Kaushik You Never Knew

The Satish Kaushik You Never Knew

Rediff.com9 Mar 2023

'I did a small role in Masoom.' 'Do you remember the scene where an old man brings Jugal Hansraj to Naseer's house?' 'I put on the full make-up of an old man and stood in front of Shekhar.' 'He had no choice but to take me.'

Why Piyush Goyal is peeved at some in India Inc

Why Piyush Goyal is peeved at some in India Inc

Rediff.com23 Aug 2021

Union Minister of Commerce and Textiles Piyush Goyal has stirred up a hornet's nest by taking on India Inc, specifically the Tata group, which is among the companies that lobbied against the Modi government's pro-consumer draft e-commerce policies. While Goyal's comments, made at a Confederation of Indian Industry (CII) event, were streamed live on YouTube, the industry lobbying body later edited the video and subsequently withdrew the entire speech. Goyal had said the Tata group and other Indian companies often lobbied for their interest, while ignoring national interest.

Is my portfolio good?'

Is my portfolio good?'

Rediff.com31 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Netherlands is now India's 5th-largest export destination

Netherlands is now India's 5th-largest export destination

Rediff.com23 May 2022

The Netherlands has emerged as India's fifth-largest export destination in 2021-22 (FY22), jumping from its 10th position a year ago. Exports to the fifth-largest economy in the European Union (EU) bolted 94 per cent to $12.5 billion in the financial year ended March 31. In FY22, the Netherlands surpassed Hong Kong, Singapore, the UK, Germany, and Nepal to become India's largest export destination in the EU. Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place.

What India needs to become $5 trn economy

What India needs to become $5 trn economy

Rediff.com14 Sep 2021

India will need $8 trillion (around Rs 588 lakh crore) of gross capital formation or new greenfield assets to become a $5 trillion (around Rs 368 lakh crore) economy by FY2027, a report said. The report by Deloitte said despite the COVID-19 disruption, FDI inflow into the country provides necessary optimism and display underlying strengths of the Indian economy. In FY2020-21, FDI inflows (including equity, re-invested earnings, and capital) amounted to a record $81.72 billion, 10 per cent higher than the previous financial year, it said.

'We must buy less, buy better and wear it for longer'

'We must buy less, buy better and wear it for longer'

Rediff.com23 Aug 2021

''Fashion without a conscience is a ticking time bomb.'

Can India Deal with Halahal In Amrit Kaal?

Can India Deal with Halahal In Amrit Kaal?

Rediff.com15 Aug 2022

We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.

Bombay Dyeing stitching together a new story

Bombay Dyeing stitching together a new story

Rediff.com9 Aug 2018

Bombay Dyeing is betting on creating a range of unique, customised textile products, a route that is largely unexplored by the home textiles players although several industry reports and consumer behavior studies have talked about the potential for personalisation.

No Achche Din for Varanasi's traditional handloom weavers

No Achche Din for Varanasi's traditional handloom weavers

Rediff.com9 Jun 2015

As India's top designers including Tarun Tahiliani, Vikram Phadnis, David Abraham, Rohit Bal, Rajesh Pratap Singh and Wendell Rodricks gather in Varanasi today to try and give a boost to the Benarasi handloom sari, in an initiative by designer turned BJP politician Shaina NC, Rashme Sehgal outlines the crisis facing the weavers.

Why we import what we do from China

Why we import what we do from China

Rediff.com22 Jul 2020

We import from China not because we love China, but because they sell us these things at cheap prices, points out Rathin Roy.

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Rediff.com12 Nov 2020

The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.

Not a Budget for Employment

Not a Budget for Employment

Rediff.com12 Feb 2021

It is important to increase employment in general. It is even better to increase good quality jobs. Strategically, it is important to move people from farms to factories to improve overall labour productivity. It is important to improve job opportunities for women, for urbanites and for the educated. The Budget does not contain ideas to do any of this, points out Mahesh Vyas.

Indian economy has revived? Not quite!

Indian economy has revived? Not quite!

Rediff.com13 Feb 2015

Large and small businesses alike have delivered low-key performances.

LFW GenNext: Meet the new kids on the block

LFW GenNext: Meet the new kids on the block

Rediff.com1 Feb 2017

These young guns will introduce fresh designs into Lakme Fashion Week Summer/Resort 2017.

Women on night shift: A lesson from Tamil Nadu

Women on night shift: A lesson from Tamil Nadu

Rediff.com12 Aug 2014

The move to allow women to work the night shift, by amending the Factories Act, has been opposed in Delhi by the Mahila Congress, the Indian National Congress's women's wing, and the All India Trade Union Congress.

Most bizmen miffed with Budget, question fiscal maths

Most bizmen miffed with Budget, question fiscal maths

Rediff.com1 Feb 2018

Corporate honchos from real estate sector to manufacturing to textile say the Budget does not have enough to help their sectors

IITians urged to be job creators rather than job seekers

IITians urged to be job creators rather than job seekers

Rediff.com5 Oct 2017

The youth have to turn into entrepreneurs if India's massive demographic dividend is to be taken advantage of: Smriti Irani.

Ramie: The ancient fabric that could transform Indian dressing

Ramie: The ancient fabric that could transform Indian dressing

Rediff.com30 Mar 2018

Ramie was used in ancient Egypt and China long before cotton was introduced to the Far East.

Modi sees India's manufacturing output to grow by $520 bn in 5 yrs

Modi sees India's manufacturing output to grow by $520 bn in 5 yrs

Rediff.com5 Mar 2021

Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.

Bulls charge up D-street as prospects of Fed rate hike wane

Bulls charge up D-street as prospects of Fed rate hike wane

Rediff.com27 Aug 2015

Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.

Sensex rebounds; zooms 429 points at close

Sensex rebounds; zooms 429 points at close

Rediff.com19 Feb 2020

On the Sensex chart, Bajaj Finance, HUL, RIL, ONGC and HDFC emerged as the top gainers.

ASK AJIT: Will these shares make me rich?

ASK AJIT: Will these shares make me rich?

Rediff.com30 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

'Rate hike will throw lot of people out from jobs'

'Rate hike will throw lot of people out from jobs'

Rediff.com23 May 2022

'Nobody is talking about the inequality that is going to come.'

Manufacturing sector activity ends 2020 on high note

Manufacturing sector activity ends 2020 on high note

Rediff.com4 Jan 2021

India's manufacturing sector activity strengthened in December, with manufacturers stepping up production and input buying amid efforts to rebuild their inventories following business closures earlier in the year, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 56.4 in December, a tick higher than November's reading of 56.3 and above the critical 50 threshold for the fifth straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.

Achhe din? Over 3 lakh Indians get jobs under govt schemes

Achhe din? Over 3 lakh Indians get jobs under govt schemes

Rediff.com20 Feb 2018

The aim was to skill 1 crore by 2020.

India among top 10 FDI destinations in 2014

India among top 10 FDI destinations in 2014

Rediff.com25 Jun 2015

FDI inflows into India were $34 billion in 2014, up 22%.

'India had some of the best jewellery in the world'

'India had some of the best jewellery in the world'

Rediff.com27 May 2022

Suneet Varma discusses his fondness for jewellery, his newly-minted role as a jewellery designer, and why he'd like people to reconsider their love for gold jewellery.