The Central Government has approved US $ 3.55 million to establish a huge textile park in Dharmavaram, she added, and the NDA administration would bring the weaving industry back to its former splendour.
Business News
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Converse steps into India with its first exclusive brand outlet in Mumbai. Located on Linking Road, the store offers an immersive experience with signature sneakers, artistic installations, and a dynamic launch event.
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Lehar Footwears Ltd posted a 37 per cent drop in Q2 net profit, citing subdued retail sales and election-related disruptions. The company is optimistic about recovery, with US $ 35.26 million in orders for vocational tool kits under the PM Vishwakarma Scheme.
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The Government has appointed three new permanent representatives to the Minimum Wage Board, as announced by officials from the Labour Ministry, as per reports.
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Moody's Investors Service recently said that it had reduced Bangladesh's long-term credit ratings from B1 to B2, shifting the country's outlook from 'stable' to 'negative,' according to sources.
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In a strategy change, Bangladesh has reportedly chosen to focus its efforts on creating a single model economic zone rather than trying to create 100 smaller ones.
