According to her, more than 8,000 exporters are facing this working capital crunch. Chennai: Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over Rs 5,000 crore under the MEIS scheme have been blocked. This could continue to pull down apparel exports in the coming months Read More →

The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1. Though it was reinstated later for other export sectors, it is still not available for apparels and made-ups. Chennai: Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over Rs 5,000 crore under the Read More →

Adobe has released its first Digital Price Index for apparels, leveraging data from Adobe Analytics Cloud. The data reveals tremendous choice, volume and velocity in the online apparel category. Nearly half of the 7,000 new apparel products that appear online each day target women, while one-quarter men and the rest children, babies and footwear. The Read More →

Silver weekly-based delivery prices on Thursday dropped below the crucial Rs 46,000 mark by tumbling Rs 1,020 to Rs 45,745 per kg, in line with a sluggish trend overseas amid reduced offtake by industrial units at the domestic market. On the other hand, gold held steady in scattered deals. Traders said gains in equities and Read More →

Celebrating its golden jubilee, the Gem & Jewellery Export Promotion Council (GJEPC) recently held a Jewellers for Hope Charity Dinner in association with De Beers as part of its corporate social responsibility (CSR) initiatives. Although several gemstone and jewellery companies host individual charity programmes, GJEPC’s Jewellers for Hope is the only event where jewellers come Read More →

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