Union Minister of Textiles Smriti Zubin Irani on Friday said that exports of apparel increased 2 percent in the last five years from 2014-15 to 2018-19.

Union Minister of Textiles Smriti Zubin Irani said that the government is implementing the Handloom Marketing Assistance (HMA) scheme for promotion of handloom products.

Finance Minister Nirmala Sitharaman on Thursday said those FPIs who wish to be out of the net of the surcharge on high networth individuals may consider the option of structuring as companies as the foreign portfolio investors registered as trusts will have to pay the new tax surcharge.

New Delhi: Directorate General of Commercial Intelligence and Statistics (DGCIS) data shows a 2 per cent increase in the export of apparel in the sector of textile in five years.

Commerce and industry minister Piyush Goyal  chaired a meeting to formulate an action plan to boost sale volumes on the government e-marketplace (GeM).

The rupee snapped its three-day losing streak to close 17 paise higher at 68.80 against the US dollar July 19 as market participants pinned their hopes on an aggressive rate cut by the US Federal Reserve later this month.