MARKET & ECONOMY​

Raymond recently announced its unaudited financial results for the fourth quarter and year ended March 31, 2014. The textile segments sales for the quarter witnessed an increase of 4 per cent at Rs 534 crore on the back of higher realisation

The National Textile Corporation (NTC) launched its flagship store, Brand India, on at Craft Museum, Pragati Maidan, New Delhi. In order to ensure the best designs, NTC has roped in ace designer Raghavendra Rathore to design exclusively for Brand India.

According to the data published by US Department of Agriculture (USDA), by importing 83.4 thousand bales of cotton from US last year between 12-19 December, Turkey passed China which is known as largest importer of cotton.