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Textile, leather exporters pin hopes on BTA

Financial Express Ahmedabad

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July 31, 2025

THE 25% US tariff on Indian merchandise imports has jolted the country's $37-billion textile and apparel export industry, dashing hopes of gaining ground in the world's largest apparel market and wresting share from key rivals like China, Bangladesh, and Vietnam.

- NARAYANAN V & KRISHNA BAROT

US President Donald Trump on Wednesday announced that Indian goods will face a 25% tariff starting August 1—a sharp increase from the current 10% baseline, though slightly lower than the 26% rate he had proposed during his April 2 'Liberation Day' address.

Financial Express Ahmedabad'den DAHA FAZLA HİKAYE

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Petrol, diesel costlier by 90p, 2nd hike in less than a week

PETROL AND DIESEL prices were raised again on Tuesday — the second increase in less than a week — as state-run oil marketing companies (OMCs) continued efforts to reduce mounting under-recoveries triggered by elevated crude oil prices, higher freight costs and rupee depreciation amid the Iran conflict.

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‘In three years, all claims will be processed by AI’

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OpenAI avoids costly court loss to Musk, but neither side unscathed

AFTER PREVAILING IN its court fight with Elon Musk, OpenAI — the ChatGPT maker valued at $852 billion — remains on track for what could be one of the largest initial public offerings in history.

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New system to empanel insolvency professionals

● Listed IPs cannot refuse assignments under new norms

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360 ONE seeks up to $500 million for private credit fund

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Financial Express Ahmedabad

Putin to visit Delhi in Sept for BRICS summit

RUSSIAN PRESIDENT VLADIMIR Putin will attend the BRICS summit in New Delhi on September 12-13, according to a presidential aide.

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Financial Express Ahmedabad

Zee Ent slips to net loss of ₹102 crore

ZEE ENTERTAINMENT (ZEE) reported a quarterly loss on Tuesday for the January-March period, as weak advertising demand and higher expenses hurt earnings.

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Financial Express Ahmedabad

India Inc braces for the anxious consumer as crisis hits home

INDIA'S MIDDLE CLASS, long seen as the backbone of the country’s consumption engine, is entering a more anxious phase. On a humid evening in Mumbai, the parking lot outside a neighbourhood mall is packed. But inside, shoppers are hesitating longer at supermarket aisles, skipping big-ticket purchases and gravitating towards discount racks.

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Govt slaps gas theft charge on RIL-led consortium in SC

IN A DISPUTE with a Reliance Industries-led consortium over gas migration in the Krishna Godavari (KG) basin, located off the Andhra Pradesh coast, the Centre on Tuesday accused the consortium of stealing the Oil and Natural Gas Corporation’s share of natural gas.

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Financial Express Ahmedabad

Annual advertising jamboree looks to define AI-led future

INDIA'S ANNUAL ADVERTISING festival, Goafest, will commence today at the Taj Cidade de Goa at Dona Paula. This is the 19th edition of the festival, which will bring together over 60 industry leaders to drive over 20 knowledge sessions and 15 masterclasses over the next three days.

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2 mins

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