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India achieves export target for 07-08 |
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India has achieved its export target of $160 billion for 2007-08, according to Directorate General of Commercial Intelligence & Statistics, (DGCI&S). |
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Textile sector weighs 9.8 percent in inflation |
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The textiles group has an overall weight of 9.8% in the 11.80 percent of inflation for the week ended September 27, textiles ministry said. |
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Market turmoil: Stampede of fear into oil, gold |
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Current Outlook : weakness into 2009 ; commodity prices likely to be suppressed from equity outlook but may be trumped by stampede of fear into oil, gold, etc. Things are looking like a complete flight to safety - cash + gold -- forget useless bonds right now. |
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Bremen Cotton Exch finds raw cotton pollutant-free |
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The current survey of the Bremen Cotton Exchange confirms that raw cotton from the 2008/09 crop is completely pollutant-free. In all raw cotton from 15 countries were tested, for the first time samples from China and Pakistan were also analysed |
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Addis Ababa to host India-Ethiopia JTC meeting |
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Addis Ababa will host the fifth India-Ethiopia Joint Trade Commission meeting from 6th and 7th October, 2008. |
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Cotton prices decline across India |
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Cotton prices in Punjab have dropped by Rs 100-150 per quintal on account of increased arrival of the crop and low procurement by spinning mills. |
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US crisis affects cotton prices, mill consumption |
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Cotton prices fell sharply in September, affected by the crisis in the U.S. financial system. The Cotlook A Index dropped from 78 cents per pound on September 1 to 68 cents per pound on September 30, according to Intenational Cotton Advisory Committee.
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Have you heard of Gold Circle in Cotton? |
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Have you heard of Gold Circle in Cotton? If not, it is going to be a reality in India. India's leading agri commodity bourse, the National Commodity and Derivatives Exchange (NCDEX), chalked out plans to launch Gold Circle in cotton. |
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Textiles sector inflation index remains unchanged |
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Textiles sector has an overall weight of 9.8 percent in the WPI index based inflation rate for the week ended September 13. |
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Govt not to curb cotton exports: Vaghela |
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The government on Thursday said it will not considering banning cotton exports even though estimated production outweighing domestic demand for the season beginning October. |
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India to draft new textile policy |
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India will come out with a new textile policy which aims at significant changes in the textile sector, the Textile Minister Mr Gulihatti Shekhar said. |
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Textiles group weighs heavily in inflation rate |
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Textiles group has an overall weight of 9.8 percent in the inflation rate of 12.14 percent announced Thursday, keeping its high influence in determining the key rate. |
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India's potential for GI registrations high |
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At present only 100 products have been registered under the Geographical Inidcations Registry in India. But there is potential for registering over 1000 products. Pochampally saree, Darjeeling tea, Basmati, Mysore Sandal are among the registered. |
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Rosebys to launch franchised outlets in India |
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Rosebys, UK's leading home decor retailer, is going against its tradition of opening its own stores and has decided to take the franchising route. It is launching its first outlet in Calcutta on October 14, 2008. Rosebys will also start business in other nations. |
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Cotton prices to rise by 5% |
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Indian cotton prices in 2008-09 season are likely to rise by 5 per cent over and above the minimum support prices in line with expected increase in prices of the commodity globally. |
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Textile Inflation reduces by 0.24% |
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The W.P.I. Index based rate of inflation for the week ending 30.08.2008 has been provisionally estimated at 12.10% as against the previous week’s level of 12.34%, |
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India to have a Cotton Price Index soon |
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Soon India may have a Cotton Price Index for the first time modeled on ICE Futures, US and UK’s Cotlook Index. Cotton Association of India will launch the index after its proposed launch of two new cotton futures contracts |
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Pulipaka appointed chairman of Coir Board |
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Sesh Kumar Pulipaka has been appointed as the new chairman of Coir Board with effect from September 1. |
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Cotton subsidy:Brazil asks for WTO sanctions on US |
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Latin American economic giant Brazil on Tuesday appealed for WTO sanctions of up to $4 billion on the US for the subsidies it has paid to its cotton farmers |
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Land area under major crops dip by 24 percent |
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Drastic decline of about 24 percent were reported in land areas used for cultivation of 10 major crops including maize, sugarcane, arhar and cotton so far during the current kharif season, according to agriculture ministry. |
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Prospects for Tech Textiles bright in India |
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India is definitely the next destination hub for technical textiles which is presently growing at 13.3 percent per annum. A seminar organised by Confederation of Indian Industry pointed out that technical textiles is the next best opportunity to invest in India. |
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Gold
