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According to Rakesh Mehra, Convenor, CITIs Sub-Committee on Man-Made Fibre & Yarn, the inverted duty structure in viscose yarn and fibre also has led to the situation.

Viscose yarn imports soar on dumping

The industry has requested the government to levy anti-dumping duty on yarn as well.

22 Nov 2019 2:03 AM IST

In 2017, the growth was mainly aided by the increase in the adoption of FASTags among vehicle owners.

NH toll plazas to issue FASTags on the spot

NHAI also has identified dedicated FASTag lanes and are being enforced during the daily trial runs.

21 Nov 2019 1:44 AM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

Realty sees 115 insolvency cases, $1 billion stressed deals

As per the Insolvency and Bankruptcy Board of India, a total 115 insolvency cases have been filed as of September 2019...

21 Nov 2019 1:39 AM IST

Under the programme, so far 9,87,446 patients have been screened and 93,117 patients have been enrolled for long-term management through Ayurveda interventions, lifestyle modifications and yoga, the ministry said in a release.

Ayurveda gets a leg-up, now part of disease management

The government has initiated a programme for long-term management of non-communicable diseases using Ayurveda.

20 Nov 2019 3:44 AM IST

Muthoot Finance, which currently has 146 tonnes of gold pledged to them, has said auctioning off the pledged gold is the last resort.

Muthoot Finance acquires stake in IDBI MF

On November 8, the IDBI Bank said that its board had approved sale of its entire stake in IDBI Asset Management.

20 Nov 2019 3:32 AM IST

In case of certain claims, insurance companies can now entrust loss assessment to people other than licensed surveyors or not make any loss assessment at all. This can make processing of claims faster, especially during times of calamities.

Surveyor assessment waived in some cases

In case normal commercial claims below a certain claim amount, we do not do an assessment.

20 Nov 2019 3:23 AM IST

Mobile ad frauds are becoming a major challenge for marketers. Among Asian countries, India leads in mobile ad frauds.

India has high incidence of mobile ad frauds

Major types of ad frauds are cookie stuffing, adware traffic, data fraud and ad injection.

19 Nov 2019 3:59 AM IST

While onion prices have been going through the roof and had hit Rs 100 a kg in some markets, 63 per cent of the onions kept in the governments buffer stock had to be wasted as it became unusable.

Over 63 per cent of onion buffer stock rots

The onion will be imported by MMTC and supplied by Nafed across the country between November 15 and December 15.

19 Nov 2019 3:13 AM IST

Textiles and apparels were down by 3.21 per cent and of this textile exports slid 4.15 per cent. For the seven-month period, textile exports were down 8.84 per cent. Though apparel exports were down in October, during the seven-month period it was marginally up over last year.

Textile exports continue slide

Production of textiles and clothing in September also was down by 2.6 per cent and almost flat for the 6-month period.

18 Nov 2019 2:04 AM IST

The share of gold provided by local refineries has fallen by one-third in the first nine months of 2019. The gold in the bullion market was available at a discount for some months, making refining unviable.

Gold supply by domestic refineries dips by a third

The gold in the bullion market was available at a discount for some months, making refining unviable.

15 Nov 2019 2:31 AM IST

There was some resentment towards such people, particularly in the rural areas that later voted overwhelmingly in favour of leaving the European Union, or Brexit , meaning the British exit from the EU.

Brexit effect: Indian ultra-rich rush for London property

London property was available at an effective discount of 20 per cent between the EU referendum and October 2019.

15 Nov 2019 2:28 AM IST

E-commerce has been one sector which has been recording phenomenal value growth during festive season year-after-year.

Logistics demand for auto halves in festive season

In September quarter, logistics volumes recorded around 5 per cent drop due to the sluggishness in the economy.

14 Nov 2019 8:24 AM IST