| India : No relief for exporters as RBI hikes key rates (November 03, 10)|
The mid-year review of RBI's credit policy saw a hike of 25 basis points in the repo and reverse repo rates, respectively while the cash reserve ratio (CRR) was left untouched at 6 percent. Though on expected lines to reign in inflation which has receded to single digit figure was still way above its comfortable level, businesses are likely to bear the brunt of this hike as lending rates are likely to move northwards. I feel, considering the current situation and today's move by RBI, exports are likely to face heat of hike in interest rate as well as an appreciating Rupee.
| Bangladesh : Bangladesh garment workers attack factory (November 03, 10)|
Hundreds of protesting Bangladeshi garment workers fought riot police and ransacked a factory north of Dhaka on Tuesday demanding full implementation of a new government-backed wage hike.
| India : India has potential to increase its textile share in world trade: Dayanadhi Maran (November 03, 10)|
Union Textiles Minister Dayanadhi Maran on Tuesday said India has the potential to increase its textile share in the world trade from the current level of 4.5 percent to eight percent to reach 80 billion dollars by 2020.
| Bangladesh : Bangladesh implements wage hike for garment workers (November 02, 10)|
A controversial 80 percent minimum wage hike for Bangladesh's three million garment workers came into force Monday with the government vowing to prosecute factories that fail to comply.
| Vietnam : International textile and garment machinery exhibition in HCM City (November 02, 10)|
More than 230 businesses from 18 countries and territories attended the 10th International Textile and Garment Industry Exhibition, which opened on at the Saigon Exhibition and Convention Center (SECC) on October 27.
| India : CCI treads cautiously as cotton ryots suffer (November 02, 10)|
Even as the cotton farmers are sulking over the support price, the Cotton Corporation of India (CCI) is believed to have decided to delay its entry into the market by a week. With heavy rains lashing several parts of the state, the CCI is unlikely to pick up stocks from the farmers till the rain threat eases.