(Representative Image; Credit- iStock) China’s Commerce Ministry said Thursday that it will investigate the fashion company PVH, which owns brands like Tommy Hilfiger and Calvin Klein, for suspected violations of trade rules. The ministry said Thursday in statements posted online that it would investigate the company’s suspected boycott of products from the far western Xinjiang…
The commerce ministry is mulling to set up a task force for the gem and jewellery industry to address the challenges faced by the sector. This aligns with the task force that the government has set up for the textile sector. The proposal comes after the commerce secretary Sunil Barthwal met the members of the…
NEW DELHI: India’s merchandise exports dipped marginally in March to USD 41.69 billion, and by 3.11 per cent during the last fiscal year to USD 437.06 billion mainly due to continued geopolitical turmoil, and depressed global trade.Imports, too, declined in March as well during the entire 2023-24. Trade deficit, or the gap between imports and…
The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of Indian gem and jewellery exporters, has reaffirmed its commitment to facilitating cooperation to address the G7’s concerns with regard to industry compliance. The commitment from the industry comes following the visit of a high-powered delegation from G7 countries to Mumbai and Surat in…
