Markets on the Rise
BSE Sensex ends above 18,000
The BSE Sensex rose for the third straight session on Wednesday, up 2 percent to its highest level in more than six months, as falling inflation bolstered appetite for shares in interest rate-sensitive sectors such as banks, automobiles and infrastructure. Full Article
Reuters Showcase
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
India textile sector needs more stimulus - minister
NEW DELHI, June 1 |
NEW DELHI, June 1 (Reuters) - The Indian textile sector will require more fiscal stimulus from the government and 300 billion rupees of investment annually to maintain growth momentum, the textile minister said on Monday.
"There are many challenges before the textile sector. The government will impart momentum to this $52 billion industry by striving to achieve a growth rate of 8-10 percent per annum," Dayanidhi Maran told reporters.
India's textile exports have been hit after recessions at developed nations. (Reporting by Rajesh Kumar Singh; Editing by Ramya Venugopal)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints





Follow Reuters