Tag: india

Textile mills, garment units seek measures to improve cotton availability

September 8, 2026 admin

E With cotton and yarn prices continuing to fluctuate, textile mills and garment units in Tamil Nadu are seeking measures to improve cotton productivity and availability. Spurt in demand for cotton yarn globally is among the main reasons for volatility in its prices, said Ashwin Chandran, chairman of the Confederation of Indian Textile Industry. International…

Business

U.K. recognises India’s carbon credit scheme under its carbon tax mechanism: official

September 7, 2026 admin

Representative image | Photo Credit: Getty Images/iStockphotos In a major breakthrough, the U.K. has recognised India’s Carbon Credit Trading Scheme as a qualifying criterion for pricing relief under its carbon border adjustment mechanism (CBAM), a move that would reduce the tax burden on domestic exporters, an official said on Monday (September 7, 2026). In a…

World

Chess in India is massive, says Magnus Carlsen

September 7, 2026 admin

Carlsen’s Pipers are at the top of the GCL table. | Photo Credit: Allen Egenuse J. Ahead of the Global Chess League, Magnus Carlsen had joked about how his team, Alpine APL Pipers, had done during his absence last year and hoped that it would not do worse this time. He should be pleased now….

Sports

Filatex India to invest ₹300 cr in polyester textile recycling plant in Gujarat

September 3, 2026 admin

For Illustration | Photo Credit: Special Arrangement Filatex India is investing around ₹300 crore to set up a polyester textile recycling plant in Gujarat with an annual capacity of 27,000 tonnes, Chairman and Managing Director Madhu Sudhan Bhageria said. The plant is expected to be commissioned next month and will recycle polyester textile waste into…

Business

Japanese credit rating agency JCR upgrades India to A-, Finance Ministry welcomes move

September 2, 2026 admin

Finance Ministry says the upgrade comes against the backdrop of a challenging global environment and underscores the continued strengthening of India’s economic fundamental | Photo Credit: The Hindu The Japan Credit Rating Agency (JCR) has upgraded India’s credit rating by one notch from BBB+’ to ‘A-, it announced on Wednesday, on the back of India’s…

Business

Soaring cotton prices put textile mills under pressure

September 2, 2026 admin

Cotton yarn spinning at a textile mill in Coimbatore | Photo Credit: The Hindu : Textile mills are witnessing a revival in cotton yarn demand, with capacity utilisation crossing 90%, but a sharp rise in cotton prices is raising concerns over the sustainability of operations. “The demand for cotton yarn started reviving almost five months…

Business

CERN Chief in India: Why mega-science projects matter

September 2, 2026 admin

The world needs more mega-science projects, said Director-General of CERN, Mark Thomson, during his visit to Mumbai on Monday (August 31, 2026) for the India premiere of ‘The Peace Particle’, a documentary on CERN. The documentary premiered at the Tata Institute of Fundamental Research. During the programme, Dr. Thomson also delivered an address titled ‘Particle…

Science

AI, Physical AI to reshape India’s ER&D opportunity: NASSCOM

September 1, 2026 admin

Rajesh Nambiar, President, Nasscom | Photo Credit: The Hindu Artificial intelligence (AI) is reshaping India’s engineering research and development (ER&D) landscape, while the emergence of Physical AI is opening up new opportunities across robotics, autonomous systems, intelligent products and industrial applications, NASSCOM said in Bengaluru on Tuesday. Physical AI is an advanced branch of AI…

Business

Duleep Trophy | Gurnoor goes old school: the more you bowl, the stronger you become

September 1, 2026 admin

North Zone’s Gurnoor Brar bowls during the Duleep Trophy 2026 semiFinal against South Zone, at the BCCI Centre of Excellence grounds, in Bengaluru on August 31, 2026. | Photo Credit: K. MURALI KUMAR At a time when fast bowlers in India are being wrapped in cotton wool, Gurnoor Brar appears to be cut from…

Sports

GDP growth comes in at 7.8% in Q1, slower than last quarter but quicker than last year

August 31, 2026 admin

The growth in India’s Gross Domestic Product (GDP) stood at 7.8% in the April-June 2026 quarter (Q1 FY27), quicker than the 6.9% recorded in Q1 of last year, but slower than the 8.6% of the January-March 2026 quarter. The stronger performance in Q1 of this year as compared to last year has been driven by…

Business