Cement demand growth set to halve this fiscal
CRISIL expects cement demand growth to witness a mid-cycle slowdown to 5-5.5% on-year this fiscal, down sharply from 12% in fiscal 2019. Growth would be lower compared with even fiscal 2018, when it had printed 9%.
Sentiment among MSEs moderates
The quarter ended June 30, 2019, saw a moderation in sentiment among micro and small enterprises (MSEs), the 7th CriSidEx survey shows.