News

Textile stocks in Monday's trade rallied with some of the stocks from the pack making sizable gains of up to 20 per cent. Stocks like Parmeshwari Silk Mills, Donear Industries, Advance Lifestyles, Samtex Fashions stood out as the top perfomers on May 19, 2025.

As per reports India's ban on Bangladeshi imports via the land ports could result in an additional business of over Rs 1,000 crore for the domestic textile as per experts.

According to an ANI report, India has imposed fresh restrictions on imports from Bangladesh via land ports, affecting goods amounting to USD 770 million. This amounts to nearly 42 per cent of total bilateral imports, according to the Global Trade Research Initiative (GTRI).

The restriction in this regard came from the Union Ministry of Commerce and Industry on Saturday following directions from the Directorate General of Foreign Trade (DGFT).

(This is a developing story)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.