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The textiles and apparel industry seem to be in the midst of an inventory recession. It is battling a 25-35% fall in domestic sales even as exporters offload unsold stocks in the market.
India’s cotton production is at a historic low. Not just cotton yield, but the country’s cotton exports are also facing unprecedented pressure amidst a highly volatile global market.
A chemical found in broccoli and other leafy greens may prevent and treat illnesses caused by some coronaviruses, including COVID-19 and the common cold.
The gross GST revenues collected in December 2021 stood at Rs1,29,780 crore, 13 per cent higher than the GST revenues collected in the same month of 2020, and 26 per cent higher than the GST revenues in December 2019.
India Inc on Friday welcomed the GST Council’s decision to defer the proposed GST hike on textiles.