The Russian invasion of Ukraine has been escalating in the past few days. The European Union and other major countries have imposed sanctions on Russia. Due to these conditions, the world economy is in peril. It has been a highly volatile situation for major economies including the Indian markets. Ukraine and Russia play an important […]
Today morning, Russian President Vladimir Putin announced that a “full-scale invasion” has started in Ukraine by the Russian military. The conflict started looming weeks before as tensions raised between Russia and its neighboring country. Now that the NATO-allied countries have started to implement sanctions over Russia, it is believed to disrupt economies throughout the globe. […]
In a historic way, India and the United Arab Emirates (UAE) signed a Comprehensive Economic Partnership Agreement (CEPA) o 18th February. Crown Prince of Abu Dhabi Sheik Mohamed bin Zayed Al Nahyan and Prime Minister Narendra Modi signed this mega-deal during a virtual meeting. Industrialists are praising the government for this move. But will it […]
The last couple of years have been a bumpy ride for the textile industry. With pandemic stalling manufacturing, an increase in cotton prices, labor shortages, etc. it was evidently a nightmare. But if we look at the numbers, there has been a 41% increase in textile exports from April-December 2021 against last year. Smaller countries […]
Leaders from various countries flew to Davos, Switzerland to discuss the disastrous future the world is moving towards. They discussed for more than four days about various topics. But climate change, environmental protection, human rights, and child labor were the topics the leaders focused on. The apparel industry and its supply chain are tightly interwoven […]
The novel coronavirus has a new name and new features now. Omicron. It is a highly transmissible mutated version of the COVID-19 virus. It was first reported on 24 November 2021 in South Africa and is quickly becoming the dominant variant. It is now discovered in more than 57 countries. After almost two years of […]
Last week was all about the Chinese energy crisis. The issue was broadcasted on each and every news channel. We have seen them. Unfortunately, a similar crisis is brewing in India as well. There have been consistent load shedding and power outages across India. Are we going to face a similar situation to China? Let’s […]
