Month: April 2025

Union Minister Piyush Goyal met with Export Promotion Councils and industry bodies to discuss global trade challenges and opportunities. He praised exporters for achieving record exports of over $820 billion in 2024–25 despite...

AAFA has raised concern over President Trump’s 90-day tariff pause and new tariffs on US imports from China. CEO Steve Lamar criticised the volatility of trade policy, warning it increases costs and disrupts business. He...

The imposition of a 125 per cent US tariff on Chinese apparel significantly undermines China’s pricing advantage, causing importers to seek alternative sources. Countries like Vietnam, Bangladesh, and Indonesia stand to gain...

Prada has announced a definitive agreement to acquire 100 per cent of Versace from Capri Holdings for €1.25 billion (~$1. 39 billion), subject to adjustments. Versace will retain its creative identity within the Prada Group,...