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FERTILISER SUBSIDY INCREASE
Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costsWith rising prices of imported soil nutrients stemming from ongoing conflicts in West Asia, the fertiliser ministry is pushing for a substa...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
West Asia crisis: Why India needs a fertiliser security strategyIndia’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent...
RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
PMK leader Anbumani Ramadoss urges Centre, TN govt to curb rising fertiliser pricesFarmers face distress due to soaring fertiliser costs. PMK leader C Ramadoss calls for government intervention. He urges subsidies and affo...
Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for IndiaIndia's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. ...
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...
Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
India's fertilizer subsidy may cross ₹3 lakh crore if West Asia crisis prolongsIndia’s fertiliser subsidy bill could surge past a record ₹3 lakh crore this fiscal if the West Asia crisis continues, sharply exceeding th...
Adequate availability of fertilisers for upcoming Kharif sowing season: GovtIndia is set for a robust Kharif season with ample fertilizer supplies. Domestic production and imports have ensured comfortable stock leve...
RBI dividend provides fiscal buffer, but inflation risks loom large: Kanika Pasricha, Union BankThe Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cut...
IPL Biologicals opens 3rd plant in Vadodara, raises capacity to 7,000 KL/yearIPL Biologicals Ltd has inaugurated its third biological manufacturing facility in Vadodara, Gujarat. This new plant represents a Rs 200 cr...
Fertilisers not easily available in international market, pushes for organic farming: Union Minister Shivraj Singh ChouhanUnion Agriculture Minister Shivraj Singh Chouhan highlighted global fertilizer procurement difficulties. He urged states and farmers to emb...
India's fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official saysIndia's fertiliser subsidy bill could rise by Rs 70,000 crore to Rs 2.41 lakh crore in 2026-27. This increase is driven by higher import co...