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India's jute industry revenue may fall 5-6% this fiscal, Retail News, ET Retail

An analysis of jute companies rated by CRISIL Ratings, accounting for 30% of the sector’s revenue, indicates as much.Exports, which form a third of the sector’s revenue of Rs 12,000 crore, are seen 15% lower this fiscal, after falling 8% last fiscal as overseas channel partners continue to destock amid slowdown worries in the US and Europe (key markets accounting for over 60% of the total exports from India).
Nitin Kansal Argha Chanda Representative Image Representative Imageindia Jute Packaging Materials Act Associate Director

Home Prices In China: China's new home prices fall for first time this year, dimming economic outlook, ET RealEstate

Home Prices In China: The 0.2% fall month-on-month came after Junes flat reading, according to Reuters calculations based on National Bureau of Statistics (NBS) data. Prices were down 0.1% from a year earlier, after a flat result in June.
Wang Tao Goldman Sachs Investment Bank National Bureau Of Statistics Representative Image National Bureau

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