Tirupur: A suggestion to list micro, small and medium enterprises (MSMEs) in the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) evoked lukewarm response from knitwear industrialists in the city.

We have obtained an advance authorisation and got it invalidated in favour of a domestic supplier for supply of an intermediate. The domestic manufacturer has obtained an advance intermediate authorisation and imported his inputs duty-free.

Indian rupee on Tuesday was trading marginally higher against US dollar, tracking gains in Asian currencies market. At 9.08 am, the rupee was trading at 68.88 a dollar, up 0.05% from its previous close of 68.94. The home currency opened at 68.90 a dollar.

The rupee ended almost flat at 68.96 per US dollar Monday as participants preferred to wait on the sidelines to see the outcome of RBI's first-ever rupee-dollar swap auction.

New Delhi, Mar 25 (KNN) The continuous increase in cotton price is reducing international competitiveness of the Indian textile value added industry and also affect exporters negatively said Confederation of Indian Textile Industry (CITI).