Cement

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data

FICCI suggests resuming operations of downstream industries to minimise COVID-19 impact on cement sector

Industry body FICCI on Tuesday suggested the government to resume operations of downstream industries like real estate and construction of roads and highways to minimise the impact of COVID-19 pandemic on the cement sector

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20

The output of eight core infrastructure industries shrank by 6.5 percent in March due to fall in production of crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity amid the coronavirus lockdown

Coronavirus: Hit on domestic cement demand likely to be transient, says Kotak Institutional Equities

Even though the ongoing temporary shutdown in the wake of Covid-19 has impacted construction activities across the country resulting in a decline in cement uptake, the hit on domestic demand is transient, says Kotak Institutional Equities

Emami Group to sell cement business to Nirma Group company Nuvoco Vistas at enterprise value of Rs 5,500 cr

Emami Group on Thursday said it has entered into a binding agreement with Nuvoco Vistas Corporation Limited, part of Nirma Group, to sell 100 percent equity in Emami Cement Limited at an enterprise valuation of Rs 5,500 crore

Union Budget 2020-21: Infra firms pitch for captive renewable energy policy, exemption from cross subsidy charges

Infrastructure sector on Friday urged the government to bring captive renewable policy and exempt from cross-subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory boundaries

Core sector output shrinks second month in row by 5.8% in October, lowest in over decade

Output of eight core infrastructure industries contracted for the second month in a row by 5.8 percent in October, the lowest in over a decade, indicating the severity of economic slowdown

Core sector output shrinks by 5.2% in September; except for fertilisers, all industries witnessed negative growth

Output of core infrastructure industries shrank by 5.2 percent in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday

WPI inflation at 39-month low of 0.33% in September: Near zero wholesale prices offer more bad news to a slowdown-hit economy

Wholesale price inflation (WPI) nearing zero means companies are beginning to lose pricing power and deflationary fears are looming over the economy

Core sector output growth declines to 45-month low of 0.5% in August; coal, crude oil, cement among major industries worst hit

During April-August, growth in the eight core industries grew by 2.4 percent from 5.7 percent in the year-ago period