Nearly all brokerage houses are cautious on the cement sector, as price growth has almost stalled and demand is yet to recover from the impact of the General Elections, delayed allocations to major infrastructure projects, and heavy monsoon rains, especially in August.
Industry participants are calling for infrastructure upgrade, as industry experts seek a higher focus on railway safety.
Infrastructure woes continue to haunt and the industry is looking at the government to create provision of adequate infrastructure and abolish the negative fiscal regime that make it hard for industry players to make profits.
The sector has reported robust growth over the last 10 years with the Bharatiya Janata Party-led government spending around Rs 10,37,616.39 crore between 2014 and 2024 to construct 54,858 km of national highways.
The Centre has a target of bringing down India's fiscal deficit for FY25 to 5.1% of GDP, but will coalition politics make the govt become more populist in order to pacify allies? What about job creation, which is the opposition’s trump card against the Modi-led govt -- will the FM make it a priority? Tune into Editor’s Take with Stacy Pereira, where she discusses policy expectations from Budget 2024 with Shweta Punj.
While India has emerged as the world’s third-largest aviation market, with 4.2 lakh Indians flying daily domestically in 2024, over the last 10 years, the sector's profitability remains in question
Along with long-term plans that may be in the pipeline for the sector, any move on price rationalisation on early BOT and TOT projects will be closely watched.
Industry participants also want the central government to come out with a production-linked incentive scheme to boost the production of railway ancillary parts in India.
The full Budget 2024 is around the corner and many have started posting their expectations from Finance Minister Nirmala Sitharaman. Moneycontrol’s Santosh Nair & Stacy Pereira try to gauge what Dalal Street wants from Budget 2024
Management expressed positive long-term outlook for the sector and expressed confidence in Syngene's sustained performance on the back of improved fund flows into US biotech in the latter part of the year.
The interim budget follows a year when the Union Budget marked significant progress in addressing crucial reforms for the agricultural sector, with 'green growth' among its seven key focuses
The Indian economy is likely to continue its string of better-than-expected growth numbers as the statistics ministry is all set to releases data for July-September today. Economists see the GDP growing by 6.8% in Q2 FY24 – with some forecasting it to be as high as 7.2%. Meanwhile, the RBI forecast stands at 6.5%. While the headline growth number is expected to be impressive, it is the underlying numbers that tell the real story. Agri slowdown, industry revival, consumption demand are some of the aspects that would be closely monitored. Catch this chat between Moneycontrol’s Nandita Khemka and CNBC-TV18’s Latha Venkatesh to know more about what one should expect.
The Reserve Bank of India released the result of its forward-looking surveys on April 6. And while it is mostly good news, a couple of issues stand out
Data on Thursday showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, and that monthly producer prices increased by the most in seven months in January.
The tourism industry wants incentives and relief measures to recover from the COVID-19 pandemic .
While the recovery continues from two Covid shocks, the small business sector has also been severely hit due to the increased freight rates, high costs of raw materials and coal shortage.
The Finance Ministry has sought suggestions on taxation from industry and trade bodies.
The housing sector is facing problems like unsold inventory of residential units and incomplete projects due to which many homebuyers are still waiting to get possession of the property.
Though the industry had not been given direct incentives in the last couple of Budgets, the government has provided indirect support by way of the Make in India initiative and focus on rural economy and infrastructure
Pinning hopes on Finance Minister Nirmala Sitharaman, homemakers are expecting her to better understand their travails and expect her to reduce prices of daily need food items and school education.
Stanford Masters talks to Moneycontrol's research head Madhuchanda Dey about the RBI policy meet.
The real estate sector has been plagued by many challenges, including delays in projects owing to funding issues, complicated government diktats, unclear records and land titles and delays in obtaining approvals. The passage of R
"On the agricultural side, the government is working on agricultural machinery, equipment, irrigation infrastructure or water facilities. So there is a positive sentiment for overall sector", Akhilesh Maru, CFO of Shakti Pumps told CNBC-TV18.
A year after launch of PM Modi‘s ‘Startup India Campaign‘ curiosity has been built around what the budget 2017 will offer even as digital India has become a buzzword for the current government.