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New norms may choke China imports

India is tightening quality controls for consumer and capital goods, officials say, a move that follows calls to curb cheap imports from China amid diplomatic tensions between the world’s two most

Brokerages see consumption stocks doing well in new year

As Samvat 2073 winds to a close, brokerages see a variety of consumption-driven stocks doing well in Samvat 2074.

CBI to look into Fairfax detective's Bofors allegations

The CBI on Wednesday said it would look into the “facts and circumstances” of the Bofors scam mentioned by private detective Michael Hershmam (in pics), who alleged that the Rajiv Gandhi-led Congre

Bidding war heats up for $5b Amazon HQ2

It’s the prize of a lifetime – a $5 billion investment creating 50,000 well-paid jobs that everyone wants, but only one US city will get.

Textile exporters face growth, profitability pressures amidst multiple headwinds

Indian textile exporters have been facing multiple headwinds over the past few months, which have affected their pace of growth and profitability.

Textile market

In August 2017, India’s market share in home textile exports to the US (sum of all products) remained flat YoY.

GST and strong rupee hit textile exports

The first quarter post-GST caused heavy damage to the textile trade in the two Telugu states of Andhra Pradesh and Telangana with traders facing acute credit crunch and drastic fall in margins due

Post-Diwali, govt will seek ATRs on shell firms

The Centre is planning a major crackdown on shell companies after Diwali when it seeks action taken report (ATR) from the state governments on bogus businesses that have become breeders of black ec

Metals market to take cues from Beijing

All eyes are on Beijing now. The global metals market is also looking forward to what Chinese president Xi Jinping says at the ongoing 19th Communist Party Congress.

Telcos may get financial relief by Dec

Financially stressed telcos could expect post-Diwali gift from the government in form of a financial relief package, officials close to the development told Financial Chronicle.

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