Tag: USA

CITI expresses concern over potential additional tariffs by the U.S.

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CITI expresses concern over potential additional tariffs by the U.S.

The Confederation of Indian Textile Industry (CITI) has expressed concern over the potential impact on India’s textile and apparel exports because of the likely additional tariffs planned by the US following the signing of the ‘Lindsey O. Graham Sanctioning Russia and Iran Act of 2026’ by U.S. President Donald Trump. Ashwin Chandran, chairman of CITI,…

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Business

Soaring cotton prices put textile mills under pressure

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Soaring cotton prices put textile mills under pressure

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…

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Business

Deloitte to pay $21.5 million to settle U.S. government probe over DEI

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Deloitte to pay .5 million to settle U.S. government probe over DEI

Deloitte said it was ‌pleased to resolve the matter to “avoid the cost and distraction of protracted litigation”. File | Photo Credit: Reuters ​Accounting firm Deloitte will pay $21.5 million to settle a ⁠U.S. Department of Justice probe over diversity, equity and inclusion (DEI) practices, which President Donald Trump’s administration has cracked down on during his…

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World

Blame it on injuries, lack of practice for missing gold at Under-20 World Championships, say Indian athletes

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Blame it on injuries, lack of practice for missing gold at Under-20 World Championships, say Indian athletes

Medal winning athletes at the 2026 World Athletics U20 Championships in Oregon, USA, — Basant Kumar Meghwal, Ashish Yadav and Shahnavaz Khan — at a press conference in New Delhi, Wednesday, Aug. 12, 2026. | Photo Credit: – Indian athletes returned with three individual medals at the World Athletics Under-20 Championships last week but for…

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Sports

Indian garment exporters hope for tariff-rate quota from the U.S.

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Indian garment exporters hope for tariff-rate quota from the U.S.

Indian garment exporters are hoping for tariff-rate quota, which countries such as the Bangladesh have got, from Washington as India is also a major buyer of U.S. cotton. Officials in a couple of textile and apparel export promotion councils told The Hindu on Wednesday that the Indian government is trying to negotiate with the U.S….

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Business

Union government sets $21 billion textile export target for Tamil Nadu by 2030

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Union government sets billion textile export target for Tamil Nadu by 2030

Union Textile Minister Giriraj Singh (right) interacted with garment exporters in Tiruppur on Sunday. | Photo Credit: SIVA SARAVANAN S. The Union government has set a target of $21 billion worth textile and apparel exports from Tamil Nadu by 2030, said T.N. Venkatesh, Principal Secretary, Department of Handlooms, Textiles, Khadi, and Handicrafts, Tamil Nadu, in…

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Nation

ATHLETICS | Gulveer still in with a chance of making Asiad squad

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ATHLETICS | Gulveer still in with a chance of making Asiad squad

Gulveer Singh of Uttar Pradesh wins the men’s 5,000m race in the 65th National inter-State senior athletics championship at the Kalinga Stadium in Bhubaneswar on Wednesday, June 24, 2026. | Photo Credit: BISWARANJAN ROUT Even though Gulveer Singh clocked 13:52.92, well outside the Asian Games qualifying mark of 13:39.18, to win the men’s 5,000m at…

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Sports