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India clears Rs6,000cr for textile industry

  New Delhi / Tribune News Service The cabinet cleared a Rs.6,000 crore package for the textile sector, aimed at generating 10 million jobs over the next three years and improving the sector’s competitiveness globally. The sops, which include incentives related to tax, production and labour to garment makers, are meant to help India overtake Bangladesh and Vietnam in apparel ...

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China, US, EU pledge to tighten product safety in e-commerce

  BEIJING / AP US, European and Chinese regulators say they will jointly enforce product safety in online commerce, and an American official said they are making progress on crafting standards for hoverboards. The statement by American, European Union and Chinese officials reflects the rapid growth of international e-commerce, which the officials said “has created new challenges” in protecting consumers from ...

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N Korea mobilizes on 200-day economic speed campaign

  WONSAN / AP The bright red slogans hang from buses, government buildings and even some restaurants and gas stations, urging North Koreans to work harder to make the country’s 200-day “speed campaign” a success. “Have you carried out the plan for today?” one poster asks. It’s the second such drive this year, and while outside economists doubt their effectiveness, ...

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