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Reserve Bank of India is likely to cut repo rate by 25 basis points in the April policy due to weak economic activity, benign inflation and soft global growth, says a report.

After a decade, the Reserve Bank of India is set to lift the ban on ‘exotic currency derivatives’, the double-edged, fancy products that had left a trail of destruction in 2007-08 amid allegations of mis-selling and court battles when bets by corporates backfired as the euro, Yen and Swiss franc surged. 

Niti Aayog and ABB Ability Innovation Centre on Tuesday organised a workshop to discuss regulatory and financial concerns relating to the adoption of Artificial Intelligence (AI) and automation technology by MSMEs. The industry and policymakers discussed various aspects of AI and automation adoption.

Armenia’s textile industry is not in the hands of one person. This is what Prime Minister Nikol Pashinyan declared during a discussion on the report on the activities of the government in 2018, responding to the question from Deputy of the Bright Armenia Party Mane Tandilyan.

A meeting of the Pakistan senate standing committee on commerce and textile held last week at the parliament under its chairman Mirza Muhammad Afridi witnessed briefings regarding the annual review of the budget and its utilisation by the textile division and the relevant rules of procedures.

The higher regional court of Stuttgart has recently passed a consumer-friendly judgement with far-reaching consequences for any advertising using the Global Organic Textile Standard (GOTS) logo and/or name.

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