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FERTILISER SUBSIDY BURDEN
Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burdenLanded sulphur prices in India have doubled since January to around $1,050-1,100 a tonne, according to industry estimates.- Moody's raises India's FY27 economic growth forecast to 7% citing resilience, but warns of inflation risksMoody's Ratings increased India's economic growth forecast for fiscal year 2027 to seven percent. The agency cited the nation's resilience ...
- Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
- S&P affirms India ratings at 'BBB/A-2' with 'stable' outlookS&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term p...
- 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 ...
- 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...
- 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...
- 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...
- Cabinet approves Rs 37,952 cr subsidy for P&K fertiliser for 2025 rabi seasonThe Union Cabinet has sanctioned a substantial Rs 37,952 crore subsidy for phosphorous and potassic fertilisers. This financial support is ...
- L&T, fertiliser stocks could be Budget beneficiaries: Sudip Bandyopadhyay, InditradeGovernment focus on public spending to benefit large construction companies like L&T.
- India Ratings pegs fertiliser subsidy for FY16 at Rs 71,000 croreFertiliser subsidy for FY16 is expected to increase to about Rs 71,000 crore from around Rs 65,000 crore in FY15, says a report by India Ra...
- Gas price hike may hit urea companies' profits; raise govt subsidyThe hike in domestic natural gas price is likely to put an extra fertiliser subsidy burden of Rs 8,300 crore on the exchequer and will hit ...
- Fertiliser companies vexed as govt yet to release subsidy duesThe fertiliser ministry has asked finance ministry to make an interim banking arrangement to support the operations of fertiliser units.
- PMEAC suggests government to dismantle farm subsidies without causing disarrayAs a vehicle for increasing income of the producers, subsidies have proved to be an inefficient and inequitable instrument, PMEAC said.
- Government defers urea price hike by 10 per centThe government today deferred the Fertiliser Ministry's proposal to hike retail prices of urea by 10 per cent to Rs 5,841 per tonne for the...
- Government mulls hiking urea retail prices by 10% this fiscalGovernment is mulling increasing retail price of urea, a key fertiliser, by 10 per cent to reduce its subsidy burden in the current fiscal.
- Fertilisers stocks are rallying due to shifting of subsidy burden from books: Phani Sekhar, Angel BrokingI cannot see any other reason why they are rallying simply because as the subsidy burden get shifted out of their books.
- Fertiliser subsidy likely to touch Rs 1,02,000 cr: SecyIndia's fertiliser subsidy is likely to touch Rs 1,02,000 cr this fiscal, about Rs 14,000 cr less than the revised estimate, even as the go...
- FM maintains subsidy on fertilizersIn a major relief to farmers, government on Monday said it would continue with the fertiliser subsidy regime and a restructuring of the mec...
- Fertiliser consumption to come downFertiliser consumption in 2004-05 is likely to be low due to deficient rainfall in some parts of the country though the fertiliser subsidy ...
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