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ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia projectA significant boost for India's green energy ambitions! ACME Group's joint venture with Japan's IHI Corporation has secured a massive $5 bi...- World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptionsIndian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the nee...
- Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
- RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
- India fertilizer offers sink in sign of easing supply strainIndia's urea import prices have dropped sharply, less than half of April's rates. This indicates global fertilizer supply issues are easing...
- India set to hike biogas prices, subsidies under new programIndia is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies wi...
- Shivraj Chouhan to launch 'Khet Bachao Abhiyan' on June 1 as Govt reviews fertiliser, fuel stocks amid West Asia crisisUnion Agriculture Minister Shivraj Singh Chouhan launches Khet Bachao Abhiyan nationwide from June 1. The campaign aims to reduce excessive...
- India needs structural reforms, not subsidies, to shield economy from West Asia shocks: ReportIndia must shift from subsidy reliance during global crises to structural reforms for economic resilience. Rising geopolitical tensions hig...
- India’s next big energy bet may come straight from China’s coal handbookThe Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and...
- After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
- India expects annual fertiliser subsidy bill to rise by 20%India's fertilizer subsidy bill is set to rise by 20% this financial year. This increase is driven by higher prices caused by the Middle Ea...
- Oil prices surge from Iran conflict boosts global biofuel demandGlobal oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia ar...
- Assam Hydrocarbon and Energy Company Limited seeks 10 per cent participating interest in Oil India LimitedRepresentatives of Assam Petrochemicals Limited (APL) and Assam Hydrocarbon and Energy Company Limited (AHECL) also called on the Union Min...
- Feedstock subsidy to BCPL would provide socio-economic benefits to Assam: Sarbananda SonowalThe Chief Minister expressed deep gratitude to Prime Minister Narendra Modi for this landmark decision and said that the decision reflected...
- Panel of ministers to discuss gas supply to urea unitsBesides, the urea policy and nutrient-based subsidy for Phosphatic and Potassic fertilisers will also be on the table, the sources added.
- MCFL and 2 other naptha-based plants resume production: Ananth KumarRecently, Deepak Fertilisers had said it has sold over 26 lakh shares, representing 2.2 per cent stake, in MCFL.
- GAIL's subsidiary BCPL seeks over Rs 12,000 crore subsidyGAIL-promoted BCPL, which is setting up a petrochemical project 'Assam Gas Cracker Project', has sought subsidy of more than Rs 12,000 cror...
- Government approves additional compensation to FACTThe company was expected to use LNG gas as feedstock for production of ammonia or start using imported ammonia.
- Urea makers stare at delayed subsidies, gas trouble: CrisilUrea makers will continue to face working capital pains in the next fiscal amid uncertainty over the next budget subsidy, said Crisil.
- Pegging policy to outputNEW DELHI: PETROLEUM minister Ram Naik's announcement that gas would be supplied at market rates to fertiliser companies may well have tipp...
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