ISLAMABAD: Pakistan’s textile and clothing exports rose by two per cent year-on-year to $8.9 billion in the first eight months of current fiscal year, the Pakistan Bureau of Statistics (PBS) reported on Friday.
“India’s exports will touch an all-time high of $330 billion this year surpassing the earlier peak of $314 billion recorded in 2013-14,” said Anup Wadhawan, Commerce Secretary.
The rupee appreciated by 20 paise to 69.14 against the US dollar in opening trade Friday, driven by sustained foreign fund inflows and higher opening of domestic equities.
Tirupur: The textile industrialists are worried that the sudden rise in cotton price might slowdown the already dull apparel busines.
A number of goods and services tax regime amendments, intended to simplify compliance for traders, will become effective in India from April 1, 2019.
By Vrishti Beniwal, Softer inflation in India puts the central bank in a position to support economic growth, said former governor Bimal Jalan.