Citi
Fashion & Lifestyle Manufacturing

US Tariffs Weigh On India’s Textile, Apparel Exports In January

India’s textile and apparel exports fell in January amid high US tariffs, CITI data show. Icra says recent tariff cuts to 18 per cent may aid recovery and improve margins.

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Companies Consumer Economy Export

Citi Seeks Immediate Govt Support On US Tariff Issue

The industry body urges the Centre to take concrete measures in the form of fiscal support and policy decisions related to raw material availability

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Economy Export

US Tariff Hike Complicates The Challenging Situation For Textile Exporters: Citi

Citi says that the tariff hike is a huge setback for India’s textile and apparel exporters, as it has further complicated the challenging situation

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News

Citi, Revlon Lenders Strike Deal Over $500 Mn Accidental Payment

Ending litigation of more than two years, Citigroup Inc has arrived at an agreement with all 10 Revlon Inc lenders that it has mistakenly paid about $500 million on a loan. As Revlon’s loan agent, Citigroup accidentally used its own money in August 2020 to prematurely pay off an $894 million loan owed by billionaire […]

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