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Monday, July 7, 2008

Textile Min seeks removal of 14% import duty on cotton

The Textile Ministry is seeking removal of the 14% import duty on cotton, according to NewsWire18 reports. There are no plans to impose export duty on cotton. They also have no plans to ban cotton exports.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Saturday, Jun 07
15:10 BoE's Greene speech 2
Monday, Jun 09
24h Whit Monday 0
04:15 Manufacturing Sales 1 1.1%
19:30 Wholesale Inventories 1 0% 0%
21:00 3-Month Bill Auction 1 4.25%
21:00 6-Month Bill Auction 1 4.15%
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