Top Headlines
  • Tiruppur MP requests revision of job work GST & MMF yarn

    By Jul 20, 2017 12:24 PM

    Member of Parliament from Tiruppur, V Sathyabama today spoke about the need for revision of Goods and Services Tax (GST) on job work on wearing apparel from 18 per cent to 5 per cent and also for revision of man-made fibre yarn GST from 18 per cent to 5 per cent in Parliament. She also handed over a memorandum directly to Union finance minister Arun Jaitley

  • Malkha spins a yarn of tradition

    By Jul 15, 2017 5:19 PM

    CHENNAI: According to the World Atlas, India is the second largest producer of cotton in the world, and yet their major cotton export is American cotton, which doesn’t grow here naturally. Indian cotton farmers are in heavy debt trying to compete with this global market, but some believe Malkha is the future. The Malkha initiative, started in 2003, strives to bring control of spinning and weaving. Uzramma, founder, Malkha India, recently held the talk ‘Malkha in the World’ onthe issue and the organisation’s goals

  • Don & Low in multi-million grass yarn investment

    By Jul 14, 2017 3:23 PM

    The company – part of Thrace Group, the Greece-based industrial solutions conglomerate – signed off on the investment last year and production of the new synthetic grass yarn started at the firm’s Angus site this week

  • Why India must have a new textile policy

    By Jul 12, 2017 11:21 AM

    India’s textile sector, covering everything from fibre to garments, has the second-largest employment after agriculture, employing an estimated 32 million workers. It has the potential to double this employment in the next seven years as per the vision document of the union textiles ministry. It is a sector which not only provides livelihoods to millions of households, but is a storehouse of traditional skills, heritage, and a carrier of heritage and culture too.

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Spot Prices
Cotton: Maharashtra (20/Jul 10:31 AM)

AGD (BB/29M) 43,000 0 0.00 %
Akola (Fardar/25/27M) 36,500 0 0.00 %
NGP (MECH-1/28M) 42,600 0 0.00 %
NGP (MECH-1/29M) 43,800 0 0.00 %
Yarn: Punjab (07/Jun 11:41 AM)

Ludhiana(20S Comb(Wrap)) 210 25 13.51 %
Future Prices (20/Jul 10:28 AM)
ICE Cotton No.2 (USC/LB)
Dec 31, 2017 68.32 0.23 0.34 %
Mar 31, 2018 68.00 0.28 0.41 %
May 31, 2018 68.61 0.19 0.28 %
ZCE (Yuan/Ton)
Jul 31, 2017 15,525.00 0.00 0.00 %
Sep 30, 2017 15,055.00 40.00 0.27 %
Nov 30, 2017 15,105.00 40.00 0.27 %
Exchange Rates (20/Jul 10:34 AM)
1 US $ = Rs 64.37
0.04 0.06%
1 UK £ = Rs 83.81
0.98 1.18%
1 Eur € = Rs 74.11
-0.12 -0.16%
100 ¥en = Rs 57.44
0.02 0.03%
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