Current Affairs

Refiberd Wins CFDA x eBay Circular Fashion Fund – A Big Leap for Sustainable Fashion

In a remarkable achievement for circular fashion innovation, California-based startup Refiberd, co-founded by Sarika Bajaj and Tushita Gupta, has won the prestigious CFDA x eBay Circular Fashion Fund. The startup received a funding of 300,000 US dollars, which is approximately 2.5 crore rupees in Indian currency. This recognition marks a major milestone not only for […]

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India’s Handloom Exports on the Rise: Tradition Meets Global Demand

India’s handloom industry is one of the oldest and most culturally rich sectors of the country, providing livelihood to over 3.5 million weavers and artisans. Despite the challenges posed by rapid industrialization and mechanized textile production, the handloom sector has shown remarkable resilience. What’s even more impressive is that handloom exports have been growing steadily,

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The Looming Impact of Trump’s Tariffs on American Clothing Prices

The recent implementation of extensive tariffs by President Donald Trump is poised to significantly affect the American clothing industry and consumers. Given that over 97% of clothing sold in the U.S. is imported, primarily from countries like China, Vietnam, Bangladesh, and India , these tariffs are expected to lead to notable price increases. This article

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India’s Startup Ecosystem: A Tale of Ice Cream Dreams and Missed Deep Tech Ambitions

India proudly holds the title of the world’s third-largest startup ecosystem, with over 100 unicorns and a staggering 150,000+ startups by 2025. Yet, at a recent pre-Mahakumbh Startup meet, Commerce and Industry Minister Piyush Goyal didn’t mince words. He painted a stark picture: while China pours billions into semiconductors, AI, and quantum computing, India’s youth

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The Battle Between Old and New: Why Traditional Businesses Resist Disruptive Innovations

  Innovation has always been an important part of human progress. Every time someone comes up with a new idea, product, or method, it has the potential to change how people live and work. Sometimes, these changes are small. Other times, they are so big that they force entire industries to adapt or risk shutting

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Waterless Washing: The Future of Laundry in a Water-Starved World

  Imagine this: washing a pile of dirty clothes without using a single drop of water. It may sound like a sci-fi fantasy, but this innovation is not only real—it’s already being used in parts of the world. And in a country like India, where millions struggle daily with water scarcity, this technology might just

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Is the Rich Getting Richer Because of Your Shopping Habits?

  Have you ever paused for a second while ordering something online and wondered — “Where is my money really going?” You might think it’s just a ₹499 kurti, a ₹150 Swiggy order, or a ₹999 mobile accessory. But collectively, these purchases are shaping our economy in a way that quietly benefits the ultra-rich —

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Threading Global Ties: India’s Handloom Industry Gets a Boost from UK FTA & Miss World 2025

The Indian handloom industry is on the brink of a global transformation with two significant developments: the nearing conclusion of the India-UK Free Trade Agreement (FTA) and the grand stage set for the 72nd Miss World pageant in Telangana. While distinct in their nature, both these events are poised to elevate India’s rich handloom heritage

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Union Budget 2025: Empowering India’s Handloom Industry with New Schemes & Funding

The Union Budget 2025, presented on February 1, 2025, has introduced several initiatives aimed at revitalizing India’s handloom industry. These measures are designed to support weavers, artisans, NGOs, and handloom sellers, ensuring sustainable growth and preserving traditional crafts. Key Initiatives and Allocations in the 2025 Budget: Cotton Mission: A five-year mission with an allocation of

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Brands on Sustainability in 2024: A Mixed Bag of Progress and Regress

Sustainability in 2024 has taken an intriguing turn as brands find themselves at a crossroads. While some corporations have diluted their climate pledges, others, particularly in the European Union, are forging ahead with ambitious sustainability goals. This shift reveals the complex dynamics of environmental commitments in the face of economic pressures, public scrutiny, and evolving

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