India’s Ministry of Textiles has sanctioned a pricing framework that guarantees domestic jute mills an 8.19% return on capital (ROC) for providing jute bags designated for food grain packaging ...

According to the Indian Jute Mills Association, the new pricing formula will result in only a 4-5 per cent increase in the price of gunny sack supplies. In contrast, the Office of the Jute ...

This implies that mills will earn the predetermined percentage of profit on the capital invested, regardless of market fluctuations of input costs, he said. According to the Indian Jute Mills ...

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An eight-year-old girl was strangled and her body was found in an army cantonment area in Delhi after she resisted a teen's effort to rape her, the police said. A 19-year-old, who lived in the ...

Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act. Industry operators ...