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UREA SUBSIDY
Govt absorbing up to Rs 2,700 per urea bag as global costs rise to Rs 3,000: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman stated that the Centre absorbs a significant urea subsidy for farmers. This subsidy currently sta...- India's fiscal deficit for April-August at Rs 7.10 lakh crore, widens to 41.9% of FY27 aimAs FY27 progresses, India's fiscal deficit climbed to an alarming Rs 7.10 lakh crore within the first five months, representing 41.9% of th...
- 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.
- BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
- Fiscal deficit target for FY27 achievable, but slower nominal GDP growth may pressure fiscal space: ReportIndia's fiscal position remains comfortable in early FY27 months. Slower nominal GDP growth could pressure the fiscal deficit target. Gover...
- India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala SitharamanIndia's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fi...
- China to supply bulk of India’s fertiliser tender in major saleChina will ship at least 1.2 million tons of urea to India soon as part of India's recent tender for the key fertiliser. This marks an impr...
- India’s budget math brightens with asset sales target in sightIndia's fiscal position has improved significantly from earlier concerns. The government is set to exceed its asset sale target for the fir...
- FACT, Paradeep Phosphates, RCF, other fertiliser stocks rally up to 13%. Here's whyShares of fertiliser companies rallied up to 13% on Tuesday after Russian President Vladimir Putin assured India of uninterrupted fertilise...
- Ambani's Rs 2.7 lakh cr underground bet can save India from shocksReliance Industries has proposed a Rs 2.73 lakh crore, 30-year investment to develop an underground coal gasification complex in Andhra Pra...
- War-driven windfall gains for chemical makers likely to fade in Q2, demand remains key risk: Kotak Institutional EquitiesProfit gains made by several Indian chemical companies in the first quarter due to higher prices are likely to weaken in the second quarter...
- Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla TyresHimadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding ...
- Fertiliser giants bet big on specialty productsSpecialty fertilisers, widely used in horticulture, are gaining popularity as farmers seek better yields and more efficient use of nutrient...
- Urea, DAP kept affordable for farmers despite a global price surge: PM Modi in his Red Fort addressPrime Minister Narendra Modi highlighted government efforts to provide affordable fertilizers. He stated that urea and DAP are available to...
- India’s cheap-urea model faces an expensive reckoningIndia faces rising fertilizer costs, prompting a review of its subsidy system. Global supply chain issues and war have doubled procurement ...
- Urea import costs ease as India's fertiliser subsidy bill pressure set to easeIndia's new urea tender is expected to secure the nutrient at lower prices. Rashtriya Chemicals and Fertilizers received bids significantly...
- 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’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...
- 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...
- 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...
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