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… of India’s total textile exports of textile goods worth $36.61 … state in the country in textile goods during 2024-25 and … of India’s total textile exports of textile goods worth $36.61 … of the total exports of textile goods, readymade garments contributed to …Read More
Australia’s six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index slowed to 0.6 per cent in March, down from 0.9 per cent in February, reflecting trade policy disruptions and market sentiment.
While the Australian economy faces manageable tariff shocks, growth is expected to slow to 1.9 per cent in 2025.
Financial market developments have contributed to the slowdown.Read More
Syensqo and China Petroleum & Chemical Corporation have signed a Strategic Partnership Framework Agreement to boost collaboration in advanced materials and specialty chemicals.
Key focus areas include carbon fibre, specialty polymers, sustainability, and supply chain management, with aims to drive innovation across aerospace, energy, and transportation sectors.Read More
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China and the UAE are enhancing their strategic partnership through increased investment, but textiles and apparel trade has seen declines in 2025.
Apparel exports from China to the UAE fell by 47.1 per cent in January-February, and fabric exports dropped by 23.5 per cent.
Despite a strong past, trade in textiles has been slowing since 2021, with declines in the years following.Read More
Consumer confidence in the Netherlands fell to -37 in April, down from -34 in March, marking the seventh consecutive month of decline.
The economic outlook component dropped to -61, and willingness to buy among consumers decreased to -20.
The April figure is significantly below the long-term average of -10, with the all-time low at -59 in late 2022.Read More
Armenian deputy minister for economy Edgar Zakharyan has urged a visiting delegation of the Association for the Promotion of Foreign Markets of China’s Shaoxing Keqiao city to invest in his country and set up joint textile ventures.
The delegation was requested to explore the possibility of Armenian manufacturers participating in international exhibitions organised in China.Read More
Concerned over the impact of the US tariff hikes on India, the central bank, in its latest monthly bulletin, said higher tariffs may reduce exports and slow down domestic demand, affecting net external demand and overall growth.
As prices of energy and metals have fallen sharply, while gold prices have been highly volatile, it has added uncertainty to India’s inflation outlook, it noted.Read More