30
Jul

Textile exports to U.S. down

By Biz2Credit Advisor

India showed a decline of 8.19 percent in U.S. dollars for textile and clothing exports, according to provisional data from the Directorate General of Commercial Intelligence and Statistics. The Indian government instituted two stimulus packages to help the sector in December 2008 and January 2009. Imports of clothing and textiles to the U.S. from the top five trade countries ...

read more

Around 714 million voters in India will go to the polls to elect the 15th Lok Sabha, selecting their representatives for the 545 seats in the house. Polling will take place in five phases starting April 16 and the results will be declared on May 16. The Lok Sabha election, the biggest such exercise in the world, will cost a whopping ...

read more

An increase in disposable income and a rise in the steel and cement sectors have raised the hopes of officials to achieve a 7 percent growth rate in the current fiscal year. Definite figures will be projected once the impact of the stimulus packages take shape. The stimulus packages include reduction in service tax and excise duty by two percent each. ...

read more