GST is not just an accounting changeover, but a systemic one. The countries who adopted GST faced inflationary pressures during early stages of the cut-over time, but proved otherwise in the long run.

Cement production in India commenced more than 100 years ago with the setting up of a 1,000 tonne a year plant in Porbandar in Gujarat in 1914. There has been no recorded history of the commodity until World War II, when the industry was brought under controls by deeming it an essential commodity.

There has been a call from a few sections of the real estate industry for the Centre to set up a cement regulatory authority.

The Competition Commission of India (CCI) has imposed penalties on 10 cement companies and their apex association - Cement Manufacturers Association (CMA) for cartelisation. The CCI has levied penalties on 10 cement companies.

The Competition Commission of India (CCI) has imposed penalties on 10 cement companies and their apex association - Cement Manufacturers Association (CMA) for cartelisation. The CCI has levied penalties on 10 cement companies.

The ´Big 5 Construct India 2016´ was held in Mumbai from Sept 28th to 30th. The fourth edition had focused on affordable housing and green building best practices. Local and international institutional representatives and industry leaders from the construction fraternity were seen at the ´Big 5 Construct India 2016´.

ICACI had organised a two-day event on December 18th and 19th, 2015, to commemorate Late RN Raikar, who had during his lifetime consistently striven to honour persons of Indian origin making exemplary contributions

In a major verdict, the Competition Appellate Tribunal(COMPAT) set aside Rs. 6,316.59 crore penalty imposed on 11 cement firms by CCI on cartelisation charges and asked the fair trade regulator to hear the matter afresh.

Traditionally, construction involving concrete had been a labour-intensive activity in India. The demand for higher speed of construction, especially for residential and commercial housing, and infrastructure projects involving construction of flyovers, highways, roads, airports, etc.