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cotton: Operating margins for the cotton spinning industry to improve 11.5-12.0% in FY 2024

Demand expected to pick up from H2 FY2024, with an improvement in orders from the downstream apparel companies gearing up for Spring/Summer season of 2024. ....

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Domestic cotton demand to see improvement from H2 FY24: ICRA, Retail News, ET Retail

The rating agency expects demand for the industry to improve. However, an expected moderation in cotton prices will lead to lower realizations, which is likely to translate to a 7% year-on-year (YoY) decline in revenues to about Rs 34,000 crore in FY24. ....

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Bets on rate cut off as inflation flares

Inflation may average 5-5.4% in FY24, higher than old estimates ....

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Rising vegetable prices may push India's inflation to 5.5 per cent: Economist -

Rising vegetable prices may push India's inflation to 5.5 per cent: Economist -
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CPI inflation seen rising to 4.6% in June on higher vegetable prices, fading base effect

With the favourable base effect continuing to fade, India s Consumer Price Index (CPI) inflation is expected to have increased in June from May s 25-month low of 4.25 percent. ....

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