After several years of consolidation and price weakness, the cement industry may be moving towards a more stable phase. Pan-Indian, average cement prices have risen through the past three months consecutively.
Container prices have shot up by up to 300 per cent in the past one month owing to geopolitical tensions between Israel and Iran following the former's attack on Hamas, causing shortages and pushing consumer durables companies to increase prices. Companies have planned increases but some are yet to decide on the extent of the increase.
Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity.
Opposition leaders, including Leader of the Opposition Sushma Swaraj, met Speaker Meira Kumar and said if the government does not discuss the issue tomorrow itself, they would move an adjournment motion in the House.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
Cheaper goods and services and stability in overall prices, as well as higher exemption in personal income tax rates is also on the wish list of the common man.
Vegetable vendors and wholesalers have blamed rains for disruption in tomato supply, leading to the price of the kitchen staple skyrocketing in retail markets of the national capital. Local vendors are selling tomatoes in the price range of Rs 80 to Rs 120 per kg, depending on the quality and the localities. Anil Malhotra, a member of the Azadpur Agricultural Produce Marketing Committee (APMC), said tomato prices shoot up every monsoon but it was never this high.
A sharp correction in stock prices, signs of rural recovery, and lower raw material costs have not been enough to change brokerages' cautious stance on the top-listed paint companies. Concerns over rising competition and weak demand continue to weigh on sentiment.
Cooking gas or Liquified Petroleum Gas (LPG) price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said on Monday.
Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
India's energy ambitions are pushing global coal prices. India's import of coal from South Africa is expected to go up big time in the coming days.
Keeping the possibility of early general elections in mind, the Bharatiya Janata Party has drawn up an aggressive campaign strategy with a special focus on southern states, and "development and good governance" as its agenda, senior party leader Venkaiah Naidu said.
Concerned over surging prices, Finance Minister P Chidambaram said on Friday the government will not hesitate to take more fiscal and monetary measures to contain inflation.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.
Residential real estate saw a significant fall in supply in the quarter ended June, while office space recorded a steep decline in demand, as well as supply, in the first half of the year, according to reports by international consulting firms.
Extending gains for the fifth day in a row, gold prices surged to a 52-week high here at Rs 15,000 per ten gram on aggressive buying by funds in line with firming overseas trend.
A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.
'And America will invite India in to have really an extraordinary opportunity and relationship with us.'
Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
Consider a combination of a base policy and a super top-up policy.
The Securities and Exchange Board of India (Sebi) on Thursday debarred Pacheli Industrial Finance and six others entities from the markets in its bid to crack down on a "pump and dump" case, substantiated by a probe into Rs 850 crore preferential allotment and examination of alerts around price movement of the firm's stock.
S&P Global Ratings on Tuesday cut India's GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. In its Economic Outlook for Asia-Pacific (APAC), S&P said despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
The government expects onion prices to fall below Rs 40 per kilogram by January from the current average price of Rs 57.02 per kilogram, Consumer Affairs secretary Rohit Kumar Singh said on Monday. Last week, the government banned onion exports till March next year after the retail sales price of the kitchen staple crossed Rs 80 per kg in the national capital and the prices in mandis remained around Rs 60 per kg. To a query on when the onion prices are expected to fall below Rs 40 per kg, Singh said, "very soon... January"
The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December
The latest spike in the Vix is a sign that investors are visibly rattled by global developments and fear a further drawdown in stock prices, experts said.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
The metro, it seems, is politics-proof -- even if it comes at a high cost.
The total vehicle retail sales in India witnessed a 32 per cent on-year rise in October to 28,32,944 units with all segments including two-wheelers and passenger vehicles registering strong growth, Federation of Automobile Dealers' Association (FADA) said on Wednesday. The total vehicle retail sales in October 2023 stood at 21,43,929 units, as per FADA. The strong growth in October this year was largely driven by the rural market, especially boosting two-wheeler and passenger vehicles sales, supported by increased Minimum Support Price (MSP) for Rabi crops, FADA said.
Samajwadi Party chief Akhilesh Yadav on Monday criticized the Uttar Pradesh government over the severe traffic congestion in Prayagraj, claiming it has led to a shortage of essential commodities and inconvenienced devotees visiting the Maha Kumbh Mela. He also posted a video on X with people sharing their experiences and pointing out at the chaos. Yadav alleged that the officials are giving orders sitting in their rooms but are not coming down to the ground and that residents of Prayagraj have got nothing except filth, traffic jams and price rise.
Milk supplies could improve with the monsoon, provided the rains are not excessive.
While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.
'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
'If the US stagnates and falls into a recession, the dollar will weaken, oil prices will also dip. This augurs well for India.'
The smartest homes are not the ones that dazzle with tech, but the ones that disappear into your daily life while quietly elevating it.
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.
The four commodities, which have been banned, constitute only four per cent of the total index.
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