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Rating agency ICRA expects cement companies to suffer from strain on their profitability in the coming quarter because of weak demand and the hike in rail...
The domestic cement demand is expected to be at 7 per cent in FY2019 and around 8 per cent in FY2020, driven by housing, primarily rural...
The demand growth trend picked up steam in FY18. Expectations are rife that FY19 will consolidate these gains and result in higher capacity utilisation, if not...
The Goods and Service Tax (GST) on cement has been fixed at 28 per cent, the highest rate in the GST tax band. Its rollout on...
Ratings agency ICRA says that an expected revival in the infra space may help cement demand to grow to around 4 to 5 per cent in...
India’s demand for cement is expected to rise to 6 per cent in the current financial year against 4.6 per cent in 2015-16, ratings agency ICRA...
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