India’s apparel exports clock strong growth in April driven by US market

IANS | May 16, 2025 2:44 PM

New Delhi, May 16 (IANS) India's Textile & Apparel (T&A) exports have continued their upward trajectory, recording a growth of 7.45 per cent in April 2025 compared to the same month of the previous year. This positive trend was primarily driven by the strong performance of the apparel segment, which registered a robust 14.43 per cent growth year-on-year, an analysis of the data released by the Ministry of Commerce showed.

Economists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26

IANS | May 16, 2025 1:15 PM

Mumbai, May 16 (IANS) Economists expect the Reserve Bank of India's (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale of dollars to prop up the rupee as it sharply depreciated during 2024-25, are reported to have shot up. This higher profit will be transferred to the government as a dividend in 2025-26.