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GENEVA: India has paid out far more in cotton subsidies than the World Trade Organization allows, with payments "vastly in excess" of what it had officially declared, the United States said in a filing to the trade watchdog on Monday. 

Last weekend’s was not the first‘ he said-he responded’ episode involving former RBI governor Raghuram Rajan and finance minister Arun Jaitley.

Emerging currencies fell on Monday as the American greenback built on last week's gains and hit a 16-month high, while oil prices rose after Saudi Arabia announced plans to slash production in December.

BEAVERTON – Sportswear conglomerate Nike has filed for two patents which relate to smart garment concepts. The first, “an article of footwear with soil-shedding performance”, has been described as a self-cleaning shoe, with a sole that absorbs water from the terrain in one step, and expels it in the next.

In Bangladesh, as per the latest wage structure, an entry-level operator in apparel sector will get $95 (Tk8, 000) a month, which is $68 (Tk5, 300) in the current wage structure

The Ministry of Finance is inviting retail shoe and clothing merchants to take advantage of the customs duty waiver that is available to businesses to reduce the cost of importing goods.

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