Gokaldas Exports, other textile stocks zoom up to 8% as US slaps 35% tariff on Bangladesh

The newly announced tariff, set to take effect on August 1, is slightly lower than the 37% rate initially proposed in April. Nevertheless, it remains well above the standard 10% baseline and is likely to affect Bangladesh’s competitiveness in the global garment supply chain.

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IPO-bound Flipkart shifts domicile to India

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