CEA: China-Plus-One Relevant, India's Competitiveness to Grow

Chief Economic Adviser V. Anantha Nageswaran states the China-plus-one framework remains crucial for global businesses despite high US tariffs on Indian exports. He emphasizes reforms will boost India's manufacturing competitiveness over time.

Sebi Approves NSE IPO After Decade-Long Wait

The National Stock Exchange has secured Sebi approval for its IPO, ending a nearly decade-long wait. The offer for sale will see existing shareholders dilute stakes while the exchange receives no funds.

PE Firms Pursue RedTape in ₹5,000 Crore Footwear Deal

Global private equity firms Apax Funds and Advent International are in talks to acquire a majority stake in Indian footwear maker RedTape, valuing the company at ₹4,500-5,000 crore. The deal highlights growing investor interest in India's expanding footwe

Cotton Price Hits ₹59,000 in Coimbatore as Import Duty Returns

Cotton prices in Coimbatore have surged to ₹58,000-59,000 per candy, up from ₹56,000 in mid-January, following the expiry of the import duty waiver. This price hike is severely impacting Tamil Nadu's spinning mills, which account for 46% of India's total.

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