Cement prices fall, profits shrink in Sept

13 Nov 2013 CW Team

Despite moderate growth in cement dispatches and substantial savings on fuel costs, cement companies saw their profits sink in the July-September period due to a sharp drop in cement prices and higher freight expenses. ACC Ltd, Ambuja Cements and UltraTech Cement reported 45-50 per cent year-on-year declines in their net profits during the quarter. The all-India average despatches growth, according to an industry estimate, was 3.5 per cent in the September quarter. On the cost front, companies made savings on coal costs with thermal coal prices in the international market touching a multi-year low of $78 a tonne (down 11 per over last year).

Infrastructure Urban

14 Jan 2026

PM Modi Engages Youth at Viksit Bharat Young Leaders Dialogue 2026

Prime Minister Narendra Modi addressed the concluding session of the second edition of the Viksit Bharat Young Leaders Dialogue (VBYLD) 2026 at Bharat Mandapam, New Delhi, marking the culmination of the four-day event on National Youth Day. The programme coincided with the birth anniversary of Swami Vivekananda and witnessed enthusiastic participation from young leaders across the country.Interacting with the youth, the Prime Minister said that many participants were not yet born when he first took oath as Chief Minister, and were still children when he assumed office as Prime Minister in 2014..

India’s Skilling System Shifts to Unified, Outcome-Led Framework

Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education Jayant Chaudhary chaired the first General Body Meeting of the National Council for Vocational Education and Training (NCVET) at Kaushal Bhawan, New Delhi. Addressing the meeting, the Minister said that India’s skilling ecosystem is undergoing a paradigm shift from fragmented systems to a unified, outcome-oriented framework aligned with education, industry and future technologies, with NCVET playing a central role in making the transition credible, transparent and learn..

25th All India Major Port Cultural Meet Concludes at Paradip

The 25th All India Major Port Cultural Meet 2025–26 concluded on a grand note on January 11 at Jayadev Sadan, Paradip Port, after four days of vibrant cultural performances and artistic celebrations. The event was organised by the Paradip Port Authority (PPA) in association with the Major Ports Sports Control Board and brought together cultural talent from major ports across the country.The valedictory ceremony was graced by P L Haranadh, Chairman, Paradip Port Authority, as the Chief Guest. Addressing the gathering, Shri Haranadh congratulated all participating artistes for their captivatin..