Speaking on the sidelines of the G20 Ministerial Meeting on Trade and Digital Economy, Commerce Minister Piyush Goyal called for more participation by Micro, Small, and Medium Enterprises (MSMEs) of developing nations in domestic and global trade, media reports said.
The Union Minister of Finance Nirmala Sitharaman started her Pre-Budget Consultations with different stakeholder Groups in connection with the forthcoming General Budget 2019-20 in New Delhi on Tuesday.
SPARTANBURG, S.C. — June 11, 2019 — Milliken & Company (“Milliken”), a global diversified manufacturer with more than a century and a half of textile expertise, today announced that it signed a definitive agreement to acquire Polartec, LLC (“Polartec”), a strong global brand known for its innovative performance textiles for outdoor and military apparel, from Versa Capital Management, LLC (“Versa”). The acquisition is expected to close in June.
The Tiruppur Exporters’ Association has said that the decision of the Reserve Bank of India to reduce the repo rate by 0.25 % gives confidence that there will not be any interest hike in the near future.
NEW DELHI: The Central Government would like the Goods and Services Tax (GST) Council, slated to meet later this month, to address the distress in India’s export sector on account of the US withdrawing preferential trade terms and an ongoing global slowdown by tweaking the GST rate on products which figure heavily in India’s export basket.
MEXICO CITY — Gary McKay, an entrepreneur from Australia, had run factories in China for 15 years before he moved to Latin America and eventually settled in the central Mexican city of Puebla.