Fashion
Trade deals, fiscal policy back India’s credit fundamentals: CareEdge
These developments could enhance the diversification and scale of India’s exports and support medium-term growth prospects, it noted in a release.
At the same time, the budget signals a steady and calibrated approach to fiscal consolidation, anchored in maintaining deficit target with continued emphasis on capital investment, it said.
CareEdge Global Ratings believes India’s recent trade deals along with its fiscal policy path uphold the BBB+/stable credit profile.
These could enhance the diversification and scale of exports and back medium-term growth.
While India’s public debt levels and interest burden are high, resilient domestic demand, diversified growth drivers and comfortable external buffers may back macroeconomic stability.
From a credit perspective, the improved tariff setting supports near-term growth prospects and enhances the predictability of export-linked revenues.
By placing India on a more competitive footing relative to other emerging market exporters, these agreements could support export momentum amid a fragmented global trade environment, remarked CareEdge Global.
While India’s public debt levels and interest burden remain elevated, resilient domestic demand, diversified growth drivers and comfortable external buffers are expected to support macroeconomic stability over the near to medium term, it said.
Sustained progress on revenue mobilisation, delivery on disinvestment targets and effective debt management will be critical to maintaining fiscal credibility and supporting India’s credit profile over the medium term, it added.
Fibre2Fashion News Desk (DS)
New US tariff measures are reshaping global trade, creating uneven gains and losses, according to UNCTAD.
Developed economies improved their relative tariff position by 3.5 points by February 2026; while developing and least developed countries saw declines.
Sectoral impacts, including in wool, show shifting competitiveness as tariff gaps redirect trade flows and sourcing decisions.
Source link
Germany remained Hungary’s largest sourcing partner, supplying garments worth $***.*** million and accounting for a **.** per cent share of total imports. Spain followed with imports of $***.*** million, capturing a **.** per cent share, while China ranked third at $***.*** million, or *.** per cent of total inbound shipments, according to the *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence tool TexPro.
Regional suppliers continued to play a strong role in Hungary’s sourcing mix. Slovakia shipped garments valued at $***.*** million, representing an *.** per cent share, while Slovenia contributed $***.*** million, or *.** per cent. The data highlights Hungary’s deep integration with neighbouring Central and Eastern European apparel supply chains.
The agreement was signed after nine months of negotiations.
BGMEA and AmCham Bangladesh have welcomed the signing of a reciprocal tariff pact with the US, terming it as a positive development for the apparel sector.
Garments manufactured using US inputs will be exempt from such tariffs and that will improve Bangladesh’s market access to the US, BGMEA noted.
The provision can encourage deeper supply-chain integration and promote value addition, AmCham said.
Garments manufactured in Bangladesh using cotton and man-made fibres imported from the United States will be exempt from such tariffs and that will improve Bangladesh’s market access to the United States, BGMEA noted.
It, however, emphasised that proper evaluation and traceability mechanisms must be ensured to fully benefit from the provision allowing the use of US-origin raw materials.
The trade body observed that while US cotton is of better quality, it is relatively expensive as well. If local spinning mills can ensure competitively priced yarn, the agreement could create substantial opportunities for export growth, it added.
The deal reflects constructive engagement between two longstanding economic partners and sends a positive signal to global investors amid heightened uncertainty in international trade, an AmCham statement said.
The provision that allows zero-tariff access for certain products manufactured with US inputs has the potential to encourage deeper supply-chain integration, promote value addition and strengthen backward linkages between US producers and Bangladeshi manufacturers, it added.
Fibre2Fashion (DS)
AI Training Poster In India Catches Genpact VP’s Attention As Tech Buzz Hits Streets
US tariff shifts create new trade winners & losers: UNCTAD
Stocks to buy: What’s the outlook for Nifty for February 16-20 week? Check list of top stock recommendations – The Times of India
-
Business6 days agoAye Finance IPO Day 2: GMP Remains Zero; Apply Or Not? Check Price, GMP, Financials, Recommendations
-
Fashion6 days agoComment: Tariffs, capacity and timing reshape sourcing decisions
-
Tech6 days agoRemoving barriers to tech careers
-
Entertainment6 days ago‘Harry Potter’ star David Thewlis doesn’t want you to ask him THIS question
-
Fashion6 days agoADB commits $30 mn to support MSMEs in Philippines
-
Sports6 days agoWinter Olympics opening ceremony host sparks fury for misidentifying Mariah Carey, other blunders
-
Fashion6 days agoSaint Laurent retains top spot as hottest brand in Q4 2025 Lyst Index
-
Entertainment1 week agoVictoria Hervey calls out Andrew’s powerful circle in Epstein revelations