US
Consumer Economy Export Fashion & Lifestyle

Tariff Turbulence: Duties Weave A Crisis For Indian Textiles

Even as the short-term prospects look grim, the situation reinforces the urgency of diversifying markets, driving innovation, and bolstering policy support

Read More
Brands Companies FMCG

Unilever Accelerates Growth Plans In India & The US

The company will invest disproportionately to ensure it gets the full benefits of Unilever’s scale and advantaged portfolio footprint in these markets, says CEO

Read More
Brands Companies Consumer

Nike To Reduce Reliance On China For US Market: Reports

The report notes that the company is looking to optimise its sourcing mix and allocate production differently across countries

Read More
Companies consumer Consumer E-commerce & Marketplaces

US May Push India To Allow Amazon, Flipkart Full Access To Ecommerce Market: Reports

The current regulatory framework allows US ecommerce firms to act only a marketplace, where other sellers list their products

Read More
consumer E-commerce & Marketplaces Economy Trade

India To Benefit From US Crackdown On Chinese Ecommerce Shipments: Report

The report states that starting 2 May, Chinese ecommerce shipments under USD 800 to the US will face a steep 120 per cent import duty, ending their duty-free entry.

Read More
Export Fashion & Lifestyle National News

Icra Forecasts 8-9% Growth For India’s Apparel Exports In FY25

The rating agency Icra has said that India’s apparel exports are likely to grow by 8 to 9 per cent in the financial year (FY) 2025, benefitting from the low base and with replenishment of stock in the United States (US) and the European Union (EU) regions. Following the tepid demand environment in FY24, Icra […]

Read More
Government International News

US Senators Push For Ban On Duty-Free Chinese Imports, Citing Unfair Competition

Two US Senators, Sherrod Brown and Rick Scott, are advocating for a significant crackdown on the influx of duty-free packages from China into the United States. They have called upon President Joe Biden to take executive action to address what they perceive as an unfair advantage given to Chinese products. In a letter to President […]

Read More
Electronics Export National News

India’s Electronics Exports Surge 50%, Reaching $23.58 Bn In FY23

India’s electronics industry witnessed a big surge in exports during the fiscal year 2022-23, as reported by the Electronics and Computer Software Export Promotion Council (ESC). The sector experienced a growth rate of over 50.25 per cent compared to the previous year, culminating in exports totaling USD 23.58 billion. This surge in exports was attributed […]

Read More
Brands Companies Fashion & Lifestyle Finance International News People

Superdry Reveals Wider Losses, CFO To Resign

Superdry’s Chief Financial Officer Shaun Wills will step down at the end of March, as the struggling fashion store revealed a larger half-year deficit on Friday as odd weather slowed sales amid a cost-of-living problem. Giles David has been designated the retailer’s interim CFO, starting 29 January. The London-listed firm reported an adjusted loss before tax […]

Read More
International News

Global Inflation Forecast Drops To 4.8% In 2024, Down From 9.2% In 2022

Global inflation continued to ease, giving hints of loosening of central bank interest rates in 2024. The global headline rates of inflation are projected to reach 4.8 per cent, a sharp decline from 5.9 per cent in 2023 and 9.2 per cent in 2022, chief economists at the World Economic Forum said in a report. […]

Read More