Cement prices to remain strong in second half of FY2021
Cement

Cement prices to remain strong in second half of FY2021

The COVID-19 pandemic has changed the trend in cement pricing this year. Cement prices have been rising sharply surprising analysts. Contrary to historical trends of lower cement prices quarter-on-quarter in the third quarter of the calendar year due to softness in demand during the Diwali seas...

The COVID-19 pandemic has changed the trend in cement pricing this year. Cement prices have been rising sharply surprising analysts. Contrary to historical trends of lower cement prices quarter-on-quarter in the third quarter of the calendar year due to softness in demand during the Diwali season and the lower exit prices in Q2 on account of the monsoon. In the third quarter of FY2021, average cement price is up 0.8 per cent QoQ so far across India, as against a decline of 1.1 per cent - 0.7 per cent QoQ seen in the past 5-10 years. And even as variable costs rise, cement spreads (price minus power, fuel and freight costs) are expected to remain strong in H2 FY2021.

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Infrastructure Transport

Madhya Pradesh Launches PM Shri Tourism Helicopter Service

Madhya Pradesh has achieved a national first by launching the PM Shri Tourism Helicopter Service, establishing India’s first intra-state air connectivity. Chief Minister Dr Mohan Yadav inaugurated the service at Raja Bhoj International Airport, Bhopal, marking a significant step towards transforming the state’s tourism infrastructure. Following the launch, four helicopters departed for Ujjain, symbolising the start of regional air tourism. The initiative, led by the Madhya Pradesh Tourism Board, will operate under a Public-Private Partnership (PPP) model, connecting the state’s key reli..

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Technology

Garuda Aerospace CEO Honoured by Tamil Nadu Governor

Chennai, 3 November 2025: Agnishwar Jayaprakash, Founder and Chief Executive Officer of Garuda Aerospace, was felicitated by Tamil Nadu Governor Thiru R.N. Ravi for his exceptional contribution to India’s drone technology ecosystem. The recognition was presented during the Foundation Day celebrations of several States and Union Territories at Bharathiar Mandapam, Raj Bhavan, in Chennai. The honour acknowledges Jayaprakash’s leadership in strengthening the country’s unmanned aerial vehicle (UAV) capabilities and his efforts in harnessing technology for social good. He was also recognised..

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Infrastructure Urban

Hindustan Zinc’s EcoZen Delivers 75 per cent Lower Carbon Emissions

Udaipur, 3 November 2025: Hindustan Zinc, the world’s largest integrated zinc producer and among the top five global silver producers, has reinforced its sustainability leadership with EcoZen, Asia’s first low-carbon zinc brand. The innovation achieves over 75 per cent lower carbon intensity than conventional zinc, setting new standards in green manufacturing and industrial decarbonisation. Produced using renewable energy and certified under REACH standards, EcoZen helps avoid an estimated 400 kg of carbon emissions for every tonne of steel galvanised. It supports India’s Viksit Bharat ..

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