A decline in exports in sugar season 2023 (October 2022 to September 2023) coupled with a 3 per cent increase in the fair and remunerative price of sugarcane will impact the profitability of sugar mills this financial year.
New Delhi [India], June 29 (ANI) Operating profitability of home textile makers is seen moderating 150-200 basis points (or 1.5-2.0 percentage points) to 13 per cent during this financial year 2022-23, weighed down by lower export demand and a sharp increase in raw material and transportatio
Islamabad [Pakistan], July 3 (ANI): Already burdened by high inflation, rising food prices, raised electricity charges, Pakistan's trade deficit widened by 32.9 per cent, or USD 7.616 billion, in the outgoing fiscal year (FY21).
Islamabad [Pakistan], June 3 (ANI): Pakistan's merchandise trade deficit in May has ballooned by 134 per cent from the previous year due to lower export proceeds and higher than expected imports, according to data from the commerce ministry on Wednesday.