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
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
Lessons for India from Donald Tump's tax cuts, market mood changes post-corporate tax slash; all this and more on Moneycontrol Pro
The sharp cut in corporate tax rates and the subsequent market reaction has led to technical, fundamental and data analysts changing their views.
According to the data released by the government on Monday, output of coal, crude oil, natural gas and refinery products recorded negative growth in July.
Eight core sectors growth slows down to 0.2% in June on contraction in oil-related sectors, cement production
Growth of eight core industries dropped to 0.2 percent in June, mainly due to a contraction in oil-related sectors as well as cement production, according to official data
ACC June quarter net profit surges 39% to Rs 456 cr driven by improvement in operating performance, sales
Cement maker ACC Thursday reported 38.61 percent rise in consolidated net profit at Rs 455.68 crore for the quarter ended 30 June, 2019 helped by an improvement in operating performance and sales
Growth of core sector industries slows to 2.6% in April on decline in crude oil, natural gas and fertiliser output
The growth of eight core infrastructure sectors slowed down to 2.6 percent in April, due to negative growth in crude oil, natural gas and fertiliser output
Core sectors' growth slows down to 2.1% in February on fall in output of crude oil and refinery products
The growth of eight core sectors slowed down to 2.1 percent in February due to fall in output of crude oil and refinery products, official data showed on Monday
Core sectors' growth falls to 19-month low of 1.8% in January on poor performance by crude oil, refinery products and electricity
Growth of eight core sectors slowed down to 1.8 percent in January due to fall in output of crude oil, refinery products and electricity, official data showed on Thursday
Domestic cement sector to see modest growth in FY20, manufacturers to benefit from continuing demand push: Report
Between 2008 and 2018, cement demand increased at 6.15 percent CAGR, while capacity increased at nine percent CAGR.
Pulwama terror attack: Pakistan has no official information about India withdrawing MFN status, says official
India on Friday announced the withdrawal of the MFN status for Pakistan, following the deadly terror attack on CRPF personnel in Pulwama in Jammu and Kashmir, and hiked the customs duty by 200 per cent on goods originating from Pakistan with immediate effect on Saturday.
JSW Cement hikes Dolvi plant capacity to 2.2 MTPA; firm eyes to achieve overall production target by December 2020
With this expansion from one MTPA to 2.2 MTPA, the current installed capacity of the company has increased to 12.6 MTPA, JSW Cement said in a statement issued here.