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Tamil Nadu CM seeks cotton import duty removal as yarn prices spike to ₹330/kg

CM Stalin urged PM Modi to scrap cotton import duty as Tamil Nadu's textile sector faces a crisis with yarn prices climbing from ₹301 to ₹330 per kg. Met CII in Chennai to push investments and ease of doing business agenda.

The Hindu BusinessLine · 5/15/2026, 10:11:28 AM

Rupee at record 95.75/USD; PM urges Indians to skip foreign trips, gold, imports — retail tailwind

CEA Nageswaran flags halting rupee fall as FY27 priority after 5% slide, $23bn FPI exodus and CAD breaching 2% of GDP. Modi's swadeshi nudge — avoid non-essential overseas travel, gold buys, favour local goods — could redirect discretionary wallets toward domestic retail and Make-in-India brands.

Indian Express · Business · 5/15/2026, 1:48:41 AM