Latest News on Cement
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Cement - Total results - 78
Feb 28, 2019
Core sectors' growth falls to 19-month low of 1.8% in January on poor performance by crude oil, refinery products and electricityGrowth 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
Feb 27, 2019
Domestic cement sector to see modest growth in FY20, manufacturers to benefit from continuing demand push: ReportBetween 2008 and 2018, cement demand increased at 6.15 percent CAGR, while capacity increased at nine percent CAGR.
Feb 18, 2019
Pulwama terror attack: Pakistan has no official information about India withdrawing MFN status, says officialIndia 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.
Feb 11, 2019
JSW Cement hikes Dolvi plant capacity to 2.2 MTPA; firm eyes to achieve overall production target by December 2020With 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.
Jan 28, 2019
Budget 2019: Govt should instruct banks to allocate part of new disbursements for critical needs of real estate sectorIn the past five years, share of banks in addressing funding needs of the real estate industry has been going down with most of the demand being catered to by housing finance companies and NBFCs.
Jan 07, 2019
Cement sector to remain buoyant on housing demand, infrastructure: ICRA report"The domestic cement capacity utilisation is expected to remain moderate at around 70 percent in FY2020 despite an estimated demand growth of 7-8 percent in FY2019-FY2020 due to capacity overhang. This is likely to continue pricing pressures thereby leading to pressure on margins," Icra said.
Jan 02, 2019
GST collection drops to Rs 94,726 cr in December; compliance improves as sales returns rise to 72.44 lakhArray
Dec 19, 2018
GST Council likely to slash tax on auto tyre, cement to 18%; Saturday meet aims to lessen burden on commonersWhile a GST rate cut on cement to 18 percent is likely to cost about Rs 20,000 crore annually to the exchequer, the council is still likely to go ahead.
Dec 13, 2018
GST Council may look to rationalise 28% slab; taxes on cement may be cut in its meeting next weekThe GST Council, chaired by Finance Minister Arun Jaitley and comprising his state counterparts, has pruned the 28 percent slab by cutting tax rates on 191 goods over the last one-and-a-half year, leaving only 35 items in the highest slab.
Oct 31, 2018
Core sector growth slows down to 4-month low of 4.3% in September as production of crude oil, natural gas declinesEight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 4.7 percent in September 2017.