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FERTILISER SUBSIDY
India's 'BBB-' rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growthFitch Ratings kept India's sovereign credit rating at BBB- with a stable outlook. Robust growth and solid external finances balance fiscal ...
GOBARdhan Scheme can help reduce gas imports by $5 billion, says IBAThe GOBARdhan Scheme is expected to significantly reduce India's gas import bill. This initiative aims to convert organic waste into clean ...
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
India’s fertiliser imports, production plunge as West Asia war drives costsIndia's fertilizer production and imports have fallen sharply in the June quarter. This decline is due to inflated raw material prices caus...
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
States conducted over 1.69 lakh raids so far in FY27 to curb hoarding of fertilisers: GovtStates have conducted over 1.69 lakh raids to curb fertilizer malpractices. 270 FIRs have been registered against defaulters for these viol...
Tur importers seek govt nod to expand sourcing networkImporters are urging the government to approve new tur and urad supplier destinations. Brazil is attempting to cultivate tur for India, wit...
Bharat atta, rice set for market return ahead of festive seasonThe government plans to resume selling subsidized Bharat Atta and Bharat Rice soon. This initiative aims to provide staples at lower prices...
Fertiliser industry seeks hike in subsidy rate for Kharif season due to rising raw material costThe Fertiliser Association of India seeks higher subsidy rates for the upcoming Kharif season. Raw material prices have significantly incre...
Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
Fitch warns AI market correction emerging as major global credit riskRatings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...
Farmers should be ‘businessmen’ who respond to market demand, not just grow rice and wheat: NITI Aayog’s Ashok LahiriLahiri stressed the need for greater adoption of science and technology, noting that productivity per acre for several Indian crops remains...
Major respite for India on fertiliser front as urea prices finally fallGlobal urea prices declined last month, easing pressure on India's fertiliser subsidy bill. However, prices remain significantly higher tha...
Deloitte projects 6.5-6.8% GDP expansion in FY27, growth to strengthen in second halfDeloitte India on Sunday projected India's economy to grow between 6.5% and 6.8% in the current financial year, with momentum expected to p...
LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocationIndia's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the bud...
FAI hails Cabinet nod to NIPU-2026, calls it a major boost to fertiliser self-relianceThe policy offers investors a secure return and protects them from currency fluctuations. These reforms will enhance financial viability an...
How beavers helped a struggling England farm secure a £1 million deal and spark a multimillion-pound revivalA Lincolnshire rewilding project aims to prove nature restoration's profitability. Beavers will be reintroduced to a 1,525-acre farm, trans...