The technical textiles market in India, worth USD 29 billion in 2023-24, is set for significant expansion, fuelled by Budget 2025's increase in Basic Customs Duty (BCD) on knitted fabrics and tax breaks for textile machinery, according to Rubix Data Sciences, an analytics services provider.
Dubai Capitals took home the cash prize of USD 700,000 while the Desert Vipers were awarded USD 300,000. Chasing 189, Sikandar Raza provided the decisive late surge with a blistering 12-ball 34, sealing victory in the final over. Earlier, Rovman Powell's 63 and Shai Hope's composed 43 (in 39
Foreign institutional investors (FIIs) continue to hold approximately USD 800 billion worth of Indian equities, but their ongoing selling remains a risk for the stock market, according to a report by BNP Paribas Exane, a European equity research firm.
Ahead of Prime Minister Narendra Modi's visit to France to co-chair the AI summit, Coumar Ananda, President of the Chambers of Commerce and Industry France-India, claimed that trade between India and France has remained below USD 20 billion, an increase from the earlier range of USD 15-18
The government's substantial incentives for manufacturing, a vast low-cost workforce, and rapidly improving infrastructure are further strengthening India's position. As a result, the country is becoming a preferred destination for foreign investment and trade collaborations.
In a post on X, Musk said that the Treasury Department and his Department of Government Efficiency have reached an agreement changing reporting requirements for all outgoing government payments.
The central government aims to target the export of USD 10 billion worth of technical textiles under its National Technical Textiles Mission, MoS textiles Pabitra Margherita informed Rajya Sabha this week.
After weeks of exhilarating cricket and a prize pool exceeding USD 1 million on the line, the tournament now reaches its grand conclusion, as per an ILT20 press release.
By 2030, the market size is expected to reach USD 1 trillion, a sharp rise from USD 200 billion in 2021. The retail, hospitality, and commercial real estate segments are also witnessing significant growth, providing crucial infrastructure for India's expanding economy.
The global diamond certification market is projected to grow to USD 1 billion by 2028, up from USD 600 million currently, driven by a 25 per cent increase in lab-grown diamond (LGD) certifications, according to Morgan Stanley.
Step Dubai 2025, the MENA region's leading tech event, returns for its 13th edition on February 19-20 in partnership with Dubai Internet City. The event will host over 8,000 attendees, 200 speakers, and a USD 9 billion fund presence.
US President Donald Trump, while reaffirming the military partnership between the US and Japan, revealed that Japan has committed to doubling its defence spending by 2027 and also highlighted the recent approval of nearly a billion dollars in foreign military sales to Tokyo.