With Canada’s apparel market forecast to be worth almost $29.66 billion by 2020, a 20 per cent increase from 2016, representatives from more than 20 countries will convene in Toronto next month from August 19-21, at the Apparel Textile Sourcing Canada (ATSC) 2019 show to present international trade opportunities to the booming Canadian apparel sector.
This year’s Tex-Summit Global forum interpreted the development trend of China’s textile industry and related policies, global textile industry and machinery trade data. It also addressed problems and opportunities in development of global printing, dyeing and finishing industry, and carried out discussions to help the industry improve quality and efficiency.
The government is examining the issue of foreign portfolio investors (FPIs) coming under the purview of increased surcharge on high-income earners, CBDT (Central Board of Direct Taxes) chairman, P.C. Mody said at an ASSOCHAM event held in New Delhi.
Lending major State Bank of India (SBI) on Friday said that it has waived charges on RTGS and NEFT transactions with effect from July 1.
FIEO, Drip Capital MoU: In a bid to provide exporters with training in technology and invoice factoring, Drip Capital — a US-based fintech company — has signed a memorandum of understanding (MoU) with the Federation of Indian Export Organisations (FIEO) — the apex body for export promotion set up in partnership with the government of India.
Bhubaneswar: Over 15,000 micro, small and medium enterprises (MSME) units are lying closed in Odisha as per a survey conducted way back in 2006-07, state MSME minister Dibya Sankar Mishra informed the state assembly today.