Month: July 2019

Budget will help inclusive development of textile industry: CITI

Posted by Editorial Team | Jul 6, 2019 | Domestic

The slew of positive announcements made by Union finance minister Nirmala Sitharaman in Budget...

Union Budget 2019-20: A mixed bag for textile and apparel industry

Posted by Editorial Team | Jul 5, 2019 | Domestic

The Clothing Manufacturers Association of India (CMAI) stated that the Budget 2019-20 announced by...

Corporate tax reduced to 25 per cent for turnover up to Rs. 400 cr

Posted by Editorial Team | Jul 5, 2019 | Domestic

In continuation of the government’s policy of phased reduction in corporate tax rates, Union...

Mayer & Cie. takes positive stock of ITMA 2019

Posted by Editorial Team | Jul 5, 2019 | Global

For the circular knitting machine manufacturer Mayer & Cie. (MCT) this year’s ITMA ended with...

US GDP grows in first quarter of 2019

Posted by Editorial Team | Jul 5, 2019 | Global

The US economy grew at an annualised rate of 3.1 per cent in the first quarter of this year,...

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