User: dnguru Topic: Cotton Yarn
Category: Cotton Yarn
Last updated: May 30 2018 01:41 IST RSS 2.0
 
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Cotton exports estimated to reach 7.5 million bales, highest in 4 years 29.5.2018 Business Standard: Today
This will result in relatively large exports in the lean season
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Padam Cotton Yarns reports standalone nil net profit/loss in the March 2018 quarter 29.5.2018 General News
Reported sales nil
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Indian textile markets firming up, says SIMA 21.5.2018 General News
The Indian Textiles and Clothing (T&C) industry has registered 5.37 per cent export growth in 2017 as against 3.94 per cent globally, despite the challenges of demonetisation and GST on the sector, Southern India Mills Association (SIMA) said here today. "The Indian T&C exports increased from 35.5 billion US Dollars in 2016 to 37.4 billion USD in 2017 and textiles exports (yarns, fabrics and made-ups) were up by 7.82 per cent. Clothing exports (garments) increased by 2.82 per cent in 2017 compared to 2016," SIMA chairman P Nataraj said today. India remained the world's second largest T&C exporter in 2017, accounting for 4.95 per cent global share, while China, the largest exporter, had 34.2 per cent share in 2017,he said. Nataraj said countries like Germany, Vietnam, Spain and India are capturing the export space vacated by China, registering increase in exports in 2017. In 2017,India sustained itself as the largest cotton yarn exporting country with a 25 per .
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IMA supports PETA call for manja ban 1.5.2018 Hindu: Medicine & Research
Injuries and deaths to humans and animals need to be prevented, says appeal
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Yarn manufacturers seek policy intervention on hank yarn 25.4.2018 General News
Textile yarn manufacturing mills in the region today urged Union Textiles Minister, Smriti Irani to take steps to reduce the Hank Yarn Obligation from 40 per cent to 10 per cent and enable ease of doing business for the cotton textile industry. In identical letters to the minister, managing directors of nearly 400 such mills said in the post-GST era, the demand for hank yarn has drastically reduced as both cone yarn and hank yarn have been brought under the same rate of five per cent GST. In view of this, spinning mills were not in a position to market the hank yarn and fulfil the obligation after the implementation of GST, which might lead to severe penal action against these mills as the obligation is covered under the Essential Commodities Act, they said. Considering this, an urgent policy intervention in this regard was very much essential to prevent such consequences, as these kind of unrealistic restrictions were making the mills globally uncompetitive despite the
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Textile, handloom dominated day three of India Runway Week 23.4.2018 General News
The concluding day of India Runway Week (IRW) was high on textile and handloom with five designers from the past seasons dedicating their line to textiles and handlooms during the finale show.
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Can India benefit from a US-China trade war? 16.4.2018 Sify Finance
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US-China trade war: Can it help India surmount its own trade deficit? 16.4.2018 Latest News
China is India's largest trading partner with bilateral trade reaching almost $72 billion in 2016-17, an increase of 88% from $38 billion in 2007-08
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Trade war: Tariffs on US may help India treble cotton exports to China 5.4.2018 Business Standard: News Now
India is looking to sell 2.5 million to 3 million bales, each of 170 kg, to China in the next season beginning in October
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Textile exports likely to miss $45bn target for FY18 1.4.2018 General News
Textile and garment exports are likely to miss the USD 45 billion target for 2017-18, as the industry reels under the impact of GST roll out and tariff advantages enjoyed by competitors like Bangladesh and Vietnam, according to textile industry body CITI. "At best, we will come close to USD 40 billion," CITI (Confederation of Indian Textile Industry) President Sanjay Jain told PTI, terming it a "disappointing year". In fact, shipments from the textile and clothing sector have consistently missed annual targets set by the government in at least the previous three financial years, since 2014-15. Analysis of data put out by the DGCIS (Directorate General of Commercial Intelligence and Statistics) under the commerce ministry, reveals the true picture of shipments from the sector. During the April-February 2017-18, exports of readymade garments of all textiles stood at Rs 97,983.99 crore, registering a 6.25 per cent decline over the same period last year. In February alone, shipments ...
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Cotton spinners to recover profits on improving demand: Icra 28.3.2018 General News
Cotton spinners are likely to recover their profits in the March quarter as domestic demand has started showing signs of restoration, said a report. Even as the cotton prices are expected to remain firm, rating agency Icra in its report said domestic demand has started showing signs of improvement because of transition to GST and changes in export incentive structure subsiding. "The domestic demand for cotton yarn has shown a good recovery in the recent months, reporting an annual 14 per cent growth during October 2017-January 2018," said Jayanta Roy, senior vice-president and group head, corporate sector ratings, Icra. Spinners have witnessed a multi-year low profitability in the last two quarters due to demand-side pressures and high cotton fiber prices. The agency said even though the expectations of a healthy crop remain for calender year (CY) 2018 with an estimated annual growth of 5 per cent, slower pace of arrivals and mounting concerns on fiber quality have ...
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Cotton Corporation's fibre procurement jumps eight-fold this year 24.3.2018 Latest News
Procures 1.2 million bales this year, up from 150,000 bales a year ago as cotton prices witness sharp volatility
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India's cotton plantings to fall as pest dents farmers' income 20.3.2018 General News
MUMBAI (Reuters) - Cotton planting in India, the world's top producer of the fibre, could fall 12 percent in the 2018/19 crop year as infestation by the pink bollworm has slashed farmers' incomes and prompted them to choose other crops, industry officials said.
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High fibre: India cotton exports gather pace as global prices rally 15.3.2018 General News
MUMBAI (Reuters) - India's cotton exports have been gathering pace after global prices jumped to four-year highs, with traders in the world's top producer of the fibre signing contracts in the last three weeks to ship over 1 million bales, industry officials told Reuters.
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High fibre: India cotton exports gather pace as global prices rally 15.3.2018 Reuters: Money News
MUMBAI (Reuters) - India's cotton exports have been gathering pace after global prices jumped to four-year highs, with traders in the world's top producer of the fibre signing contracts in the last three weeks to ship over 1 million bales, industry officials told ...
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Despite Doklam standoff, India-China bilateral trade hits historic hig... 7.3.2018 DNA: Bangalore
Despite Doklam standoff, India-China bilateral trade hits historic hig...
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India-China bilateral trade hits historic high of USD 84.44 bln in 2017 7.3.2018 Deccan Herald - Breaking News Rss Feeds
The India-China bilateral trade has reached USD 84.44 billion last year, a historic high notwithstanding bilateral tensions over a host of issues including the Doklam standoff. A rare novelty of the bilateral trade otherwise dominated by the Chinese exports was about 40 per cent increase of Indian exports to China in 2017 totaling to USD 16.34 billion, data of the Chinese General Administration of Customs accessed by PTI here showed. The bilateral trade in 2017 rose by 18.63 per cent year-on-year to reach USD 84.44 billion. It is regarded as a landmark as the volume of bilateral trade for the
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Despite Doklam, India-China Trade Hits Historic High Of $ 84 Billion 7.3.2018 NDTV News - Latest
The India-China bilateral trade has reached $ 84.44 billion last year, an historic high notwithstanding bilateral tensions over a host of issues including the Doklam standoff.
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Despite Doklam, Indo-China trade hits historic high of $84.44 bn in 2017 7.3.2018 Business Standard: Front Page Headlines
The bilateral trade in 2017 rose by 18.63 per cent year-on-year to reach $84.44 billion
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India wants to strengthen trade ties with Egypt: Indian envoy 7.3.2018 General News
India seeks to further strengthen its bilateral cooperation with Egypt in the textiles sector through trade and investment, India's ambassador here said today. Ambassador Sanjay Bhattacharyya said textile products had played an important role in the growth of Indo-Egyptian bilateral trade. "India and Egypt have had a long tradition of exchanges in the textiles sector. Textile products particularly yarn as well as fabric are popular in Egypt and constitute one of the dominant products in our bilateral trade basket. "India looks forward to working with Egypt to further strengthen the bilateral cooperation in textiles sector through trade and investment, Bhattacharyya said. His remarks came as delegation from the Cotton Textile Promotion Council, also known as Texprocil, comprising 22 Indian textile companies are set to participate in the 'Cairo Fashion and Tex Exhibition' to be held here from tomorrow. The Indian companies will showcase their best range of products and use the three-day
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