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FERTILISER PRODUCTION DIP
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...- How the rain gods impact the Indian economyIDFC FIRST Bank Chief Economist Gaura Sengupta analyzes how El Nino and monsoon performance shape India's economic growth and inflation. Wh...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- M&M total sales jumps 37% to 1.06 lakh units in JuneMahindra & Mahindra witnessed a robust 37% surge in total sales for June, reaching 1,06,207 units. Domestic SUV sales climbed 28%, while co...
- Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
- US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
- El Nino threat: Centre rolls out kharif contingency plan to shield cropsAgriculture ministry has directed states to prepare district-wise crop strategies, and promote short-duration crops such as pulses, certain...
- India seeks 2.5 million metric tons of urea amid Middle East supply disruptionsIndia is set to import 2.5 million metric tons of urea. This move aims to strengthen domestic fertilizer supplies. The state-run agency Ind...
- West Asia turmoil to swell fertiliser subsidy by up to Rs 25,000 Crore, hit output: Crisil RatingsIndia faces a potential Rs 20,000-25,000 crore increase in its fertiliser subsidy bill. Domestic production of fertilisers may also fall by...
- 8 BSE500 stocks trade at all-time highs: What should you do with them?From a fundamental perspective, Poonawalla Fincorp stock looks overvalued as the ROE is negative 20 per cent and no significant growth in r...
- Infra growth slows down to 4.8% in October; fertiliser, crude oil declineDuring April-October 2018-19, the eight sectors recorded a growth rate of 5.4 per cent against 3.5 per cent in the same period last year.
- Core sector growth slows down to 4-month low of 4.3 per cent in SeptemberEight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 4....
- Tata Chemicals mulls selling fertiliser business for $1 billion; asks Kotak Mahindra to scout for strategic buyersTata Group Chairman Cyrus Mistry has initiated a plan to and sell the fertiliser business in his first major restructuring move after becom...
- Budget 2014: Fertiliser industry welcomes the Budget proposal of a new urea policy"I am not sure whether Budget 2014-15 has provided for any additional amount to repay the outstanding subsidy carried forward."
- Reliance Industries stops gas supplies to power plants; Jyotiraditya Scindia wants EGoM meetKG-D6 output last month fell to 16.46 mn standard cubic meters per day, not even sufficient to meet requirement of urea-manufacturing plant.
- Core sector growth dips to 2.2 per cent in April; electricity, crude oil and coal industries contractShowing clear signs of economic slowdown, the growth rate of eight core sectors halved to 2.2% in April on account of sharp dip in natural ...
- Govt asks RIL to meet gas demand of fertiliser, power companies firstFaced with falling production from KG-D6 fields, the government has asked Reliance Industries to first supply natural gas to priority secto...
- GSFCL Q4 net dips 63 pcGujarat State Fertilisers and Chemicals (GSFCL) on Thursday reported a 62.5 percent fall in net profit for the March quarter at Rs 36.82 cr...
- Fix fertiliser subsidy amounts for the farmer’s benefitWhat’s required is decontrol of fertiliser prices. If prices are decontrolled, then the subsidy amount can be fixed.
- Naphtha beats LNG as cheaper fertiliser fuelFor the first time, fertiliser companies have begun paying a higher price for spot LNG (liquefied natural gas) than for naphtha.
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