In India’s textile industry, there exist both mechanical and chemical recycling methods. The fabric recycling structure in India is quite lazy In 2022, the textile industry emerged as a major contributor to pollution in India, ranking third after plastic and paper waste. This led it to be a significant source of environmental concern, the textile […]
The latest data from the commerce department revealed that China’s total shipments of personal computers and laptops to India stood at 89.4 per cent in December, which when compared to the period from April to December was found to be at 76.4 per cent in FY 2024. December spelled a different story for China’s imports […]
Foreign enterprises’ direct investment in China climbed to its lowest level since the early 1990s last year, highlighting the country’s hurdles as Beijing seeks more outside investment to boost its economy. China’s direct investment obligations in its balance of payments increased by USD 33 billion last year, an 82 per cent decrease from 2022, according […]
India raised the windfall tax on petroleum oil to Rs 3,200 per tonne on Saturday, a considerable increase from the previous rate of Rs 1,700. Furthermore, the windfall tax on diesel and aviation turbine fuel remains unchanged, at zero, as stated by the government late last Friday. This development follows a preceding decision on 16 […]
The Indian government has imposed a 50 per cent export duty on molasses and extended lower import duties on edible oils for another year. Aimed at bolstering domestic ethanol production and ensuring edible oil affordability. This high export tax will apply to molasses, a crucial component in the production of ethanol. According to a notification […]
As the retail landscape in India evolves, industry leaders and visionaries share their perspectives on the anticipated trends, challenges, and growth prospects for the year 2024 In the dynamic realm of India’s retail sector, a landscape marked by constant evolution, industry leaders and forward-thinking visionaries are poised to navigate the intricate tapestry of trends, challenges, […]
In a pivotal year for Latin American soy production, Argentina and Brazil are set to drive significant growth in soybean crushing volumes in 2024. This surge, propelled by Argentina’s crop recovery and Brazil’s higher biodiesel mandate, is poised to reshape global soybean dynamics, as per S&P Global. India, a major consumer of vegetable oils, is […]
Sugar prices in Pakistan have increased to Rs 185 per kg, with the country’s Economic Coordination Committee (ECC) asking relevant agencies to check for the hoarding and smuggling of sugar, Dawn reported. Dawn is a reputed Pakistan-based English daily. The rising wholesale rates have been providing an opportunity for various online mart and retail shop […]
India’s real estate sector is expected to expand to USD 5.8 trillion by 2047 when the country celebrates its 100th year of Independence, according to a report. The current real estate is estimated to be about USD 477 billion. The report released by real estate consultant Knight Frank India in association with the National Real […]
