price drop Archives - India Podcast

Cement Prices Drop in Telugu States Following GST Reduction

Amar Desai — Thu, 25 Sep 2025 05:47:20 +0000

Cement prices in Telugu states have declined following the reduction of GST from 28% to 18%. This has led to a price drop of up to Rs. 30 per bag, benefiting both consumers and construction projects.

Depending on the brand, prices have fallen significantly. Bags previously priced at Rs. 290 are now available for Rs. 260, while those costing Rs. 370 have come down to Rs. 330. On average, 23–25 lakh tonnes of cement are sold monthly across the two states.

Although rainy season and previous rate hikes had slowed sales temporarily, experts believe that the price reduction is likely to boost demand again. Builders, contractors, and individual buyers are expected to take advantage of the lower rates for ongoing and upcoming construction projects.

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Tomato Prices Plunge, Farmers Express Distress in AP

Amar Desai — Thu, 25 Sep 2025 05:29:59 +0000

Farmers in Andhra Pradesh are expressing concern over the sharp decline in tomato prices. At the Pattikonda market in Kurnool district, tomatoes have been selling for only Rs. 2 to Rs. 3 per kilogram over the past two days, leaving growers worried about their income.

On Wednesday, traders purchased 25 kg tomato bundles at rates ranging between Rs. 150 and Rs. 300 per bundle, further highlighting the steep price drop. Farmers are urging the Marketing Department to intervene and ensure the government-guaranteed minimum price of Rs. 8 per kilogram is implemented, as promised earlier.

The significant price fall has not only impacted farmers’ earnings but also created uncertainty about the sustainability of tomato cultivation in the region. Timely action by authorities is considered essential to protect farmers’ interests and stabilize the market.

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Gold Prices Surge, Buyers Stunned

Anil Vanna — Mon, 08 Sep 2025 05:59:54 +0000

Despite seasonal trends, gold demand remains strong, pushing prices sharply higher in recent weeks. Buyers in Hyderabad have been left shocked as rates climbed nearly ₹6,000 per 10 grams within a month. The steep rise has sparked concerns that gold may soon become unaffordable for ordinary people.

Between August 30 and September 6, the price of 10 grams of gold increased by ₹4,750. This relentless upward trend has created anxiety among consumers who traditionally view gold as a secure investment. However, a slight decline today brought temporary relief.

On September 8, the price of 24-carat gold in Hyderabad dropped by ₹110 per 10 grams, while 22-carat gold fell by ₹100. After the correction, 24-carat gold stood at ₹1,08,380 per 10 grams and 22-carat gold at ₹1,08,490 per 10 grams.

Silver prices also eased, dropping by ₹1,000 per kilogram, bringing the rate to ₹1,37,000. With both gold and silver showing marginal declines, buyers experienced some short-lived relief, though analysts caution that the long-term trend still points upward.

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