Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
cement sector News
GDP numbers: How did cash-dominated sectors perform so well despite demonetisation?
Thu, Mar 02, 2017
What is hard to believe in the given GDP numbers was the performance of cash-dominated sectors where analysts expected a significant slowdown post demonetisation, but has seen uptick compared to Q2FY17.
India's Q3 GDP numbers may not have recorded true impact of demonetisation
Wed, Mar 01, 2017
State Bank of India (SBI) in its report said, “The Q3FY17 estimates are crucial in the sense that it should have given the impact of what happened in the economy during those two months of demonetisation.”
Demonetisation may lead to lower growth for cement sector, report says
Tue, Feb 28, 2017
Analysts at India Ratings said, “The operating profitability of cement manufacturers in FY18 to be around the FY16 and estimated FY17 levels, due to stable demand growth, despite increase in input costs. Demand will be backed by an increase in government expenditure.”
Stable outlook of Indian corporates will bring sustained economic growth further: Moody's
Wed, Jan 04, 2017
Laura Acres, Managing Director in Moody's Corporate Finance Group said, Strong GDP growth, capacity additions and stabilizing commodity prices will support EBITDA growth of 6%-12% over the next 12-18 months,"