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Lower output, price rise to hit cotton yarn margins

India’s cotton production is expected drop by over 5% in cotton season 2019 (the CS is usually from October 1, 2018, to September 30, 2019) due to low water availability and inadequate south-west monsoon in key cotton producing states and higher incidences of pest attacks.




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Cyclone Fani impact: Surat textile industry reels from Rs 500-crore losses

To make matters worse, a sizeable number of labourers from Odisha are employed in the Surat textile industry, said Ashish Gujarati, president of Pandesara Weavers' Association.




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Weak exports, uncompetitive prices to hit cotton spinners, says report

With India exporting roughly one-third of its cotton yarn production every year, trends in export demand play a crucial role in determining the overall performance of the domestic spinning sector. 




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India’s shrimp exports to the US rises by 14 pct in January-June 2019

Total imports of shrimp by US for the first six months of 2019 remained flat at 300,683 tonne compared to 302,495 tonne imported during the same period of 2018. Overall, US imported 695,332 tonne of shrimps last year.




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Govt, RBI done all that they could for NBFCs: SBI chief Rajnish Kumar

There is nothing further the government can do, Kumar said, adding that there is liquidity, partial credit enhancement and interest rates have moderated. Asked about the progress made in the resolution of stressed NBFC Dewan Housing Finance (DHFL), Kumar said: “That you should ask the company.”




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Easy loans: Banks to sanction retail loans through portal

Industry members claim that the turnaround time after loan sanctions through the portal has been long. In a meeting with finance minister Nirmala Sitharaman earlier this month, an industry association raised a complaint to this effect.




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Bankers see opportunity in MSMEs – here’s how

The extent to which banks are using data to lend to SMEs can grow dramatically as almost every bank is working towards this initiative as there is a big opportunity, said the SBI chairman.




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Plan to charge zero MDR for large merchants is faulty, says expert

Finance minister Nirmala Sitharaman in the FY20 Budget abolished MDR charges for all merchants having a turnover of over Rs 50 crore which would lead the payment companies taking a hit on their margins.




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Avanti Feeds: Maintain ‘Buy’ with a target price of Rs 400

We note the stock price correction of 30% over the past four months offers an attractive entry price and we retain our 'Buy' rating with a DCF-based target price of Rs 400.




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Texmaco Rail: Maintain ‘Buy’ with TP of Rs 69

While we like the company’s diversified segmental presence, we moderate our order inflow and execution assumptions due to the ongoing economic slowdown and slower traction in railway EPC projects.




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Why digital OOH is the new frontier of marketing

A Nielson study has highlighted that OOH enjoys significant advantages over conventional forms of offline advertising




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Relaxo’s Gaurav Dua on life beyond work

From Netflix to Apple, among others are some of his favourite brands




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Tupperware’s Deepak Chhabra on life beyond work

iPhone, Bose, Alexa are some of his favourite brands




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One on One: Building Loyalty On Mobile With Jack Philbin, CEO, Vibes

What's up with Apple Wallet?




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Pega Diary: We're Selling Change

Taking a deeper dive into how CRM is changing, and how customer engagement or experience, and AI-powered automation, are two sides of the same coin




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Webcast Preview: Revamp Your Video Marketing In 5 Steps

Join us on June 12 as we take an in-depth look at video marketing strategy




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4 Online Video Trends (And When To Use Them In Your Marketing)

In the rapidly-growing video marketing space, it's essential to stay ahead of emerging trends




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Don’t force industry to pay wages during COVID-19 lockdown

Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival




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Risk, uncertainty and COVID-19: A stark choice

Risk has a known probability distribution. For uncertainty, the probability distribution is unknown. Covid-19 makes us confront uncertainty, not risk




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Safety first: Punish attacks on doctors, but also focus on dispelling Coronavirus fears

Traditionally, our response to laws failing to arrest healthcare violence has been to simply increase the quantum and severity of punishment the next time.




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Magnanimity of the rich: Cricket needs to take a leaf out of tennis’s book to maintain equilibrium

When the game returns, the struggling cricket boards will be dependent on three superpowers—India, England, Australia—for bailouts




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Need faster labour reforms if the economy is to thrive

Parliamentary panel’s recommendations aren’t bold enough, and in some areas, they are even regressive.




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Dial-A-Doctor: eSanjeevani portal for telemedicine a welcome move by govt

As more governments integrate the service—Himachal Pradesh was latest to do so, on April 21—one can expect traffic to increase.




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Post-pandemic economics: The new normal will not be very different from the old one

Idealist notions of the State overtaking the Market as the one in charge are unfounded.




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Arbitrary arbitration: Enforcing global awards is getting more complicated

“The export without permission would have violated the law, thus, enforcement of such award would be violative of the public policy of India”, the SC said.




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Rebooting the economy: India needs a stimulus package of at least 5% of GDP

To bounce back from the pandemic quickly, India needs a stimulus package of at least 5% of GDP that focuses on broad-based development in laggard eastern states.




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Why is rupee sacrosanct?

If the government were to follow FICCI’s recommendations and put out a package of 5-6% of GDP, with a focus on both the poor and the MSME sector, it is possible that the rupee may decline to, say, 85 or 90.




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Why it is time to end Covid-19 lockdown

The lockdown has achieved its purpose. Extending it may not be worth the cost.




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Saving the rural economy: The govt will have to deepen its procurement operation

In the long term, the govt will have to deepen its procurement operations, expanding from the wheat-paddy complex.




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Breathing easy on ventilator quality

A good ventilator must be a high-precision product, a combination of top-class engineering efforts, optimum manufacturing capability, and robust financial backing.




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Lacking Leadership: Trump, Bolsonaro and others need to take their accountability seriously

The president has claimed that he was being sarcastic when he talked about injecting disinfectant and exposure to high-dose UV rays as ways to fight Covid-19.




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A new White Revolution: How COVID-19 could benefit the dairy industry

Covid-19 could benefit the dairy industry as consumers could shift from meat-based to dairy-based protein. The govt may consider reducing GST on ghee and milk fat from 12% to 5% .




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COVID-19 may double poverty in India

Even a 25% fall in their incomes due to the lockdown will make 354 mn more people poor. fixing this with cash transfers will cost the govt Rs 19,500 cr per month.




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South Korea’s COVID-19 success story

The country’s NGOs and trade unions were critical in monitoring the situation, and reaching vulnerable groups.




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Corona’s many facets complicate the treatment

It is not just the lungs, it affects the heart, kidneys, brain... this is making treatment—and a lasting cure—difficult.




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Taxpayer money deserves a little more respect

As for MFs, many of them are backed by strong parents—in India and overseas—and this is the time for them to support their offspring.




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Schools are functioning despite extraordinary challenges, no ground to deny them fees

However, the High Court rejected this invocation of Rule 165, ruling that the it specified only the payability conditions of fees, and not the chargeability of it.




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Govts may not be able to isolate the true toll of the Covid-19 pandemic

Globally, experts are looking at “excess mortality” or mortality gaps as another measure of the coronavirus death toll. This approach compares the number of deaths during a certain period to the historical average.




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India’s lightbulb moment: Not using this crisis for meaningful energy sector reform would be a waste

The trend of low power demand, now furthered in the post-Covid economy, and increased RE generation, will continue to put a ceiling on the PLF of the thermal fleet.




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COVID-19’s costly trade-off: Unless lives are preserved, livelihoods become redundant

Coronavirus is ensuring the trade-off, especially for developing economies is significant, notwithstanding efforts to strike a balance




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COVID-19 pandemic: Reviving the aluminium industry to challenge China

The industry is the most apt for creating livelihoods. Govt should consider supporting SMEs in the sector through tariffs to prevent their collapse due to the pandemic




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Coronavirus crisis: India simply can’t afford another lockdown extension

Even supporting the poor—whose numbers will double—can cost Rs 65,000-130,000 crore per month




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Why extending lockdown could be catastrophic

Extending the lockdown well beyond mid-May would shave 8-9% off the real GDP. but, the damage being done doesn’t seem to be filtering up to those in charge




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Rishi Kapoor: A ‘lovely lover’ who was destined to be a star

Rishi Kapoor was old Bollywood, but he was also cracklingly fresh, spoke to an India trembling on the cusp of a new era




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Fighting Covid: Need to expand Aarogya Setu to make it better

It must include those quarantined as well instead of just the infected; wider testing critical if the app has to work.




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Covid crisis: Govt orders like no pay and job cut can severely dent business confidence

Government orders on waiver of rents impinge on contractual rights.




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Covid fallout: 265 million people likely to face acute food insecurity

Corona will worsen world hunger, while malnutrition facilitates increased vulnerability to the pandemic.




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Dressing Covid numbers: Bengal’s handling of the Covid outbreak raises many questions

Bengal’s handling of the Covid outbreak raises many questions.




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Covid-19: Time to think of key tax reforms — Few suggestions

The Covid 19 crisis is an opportunity to redefine tax policy and law. A calibrated approach to balance welfare economics with a vision to pioneer economic activity and national growth is needed.




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Across The Aisle: Imagination is everything in war against reality

On May 3, the governments would have got 40 days time to do those things; the question is, do governments need more time?