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FERTILIZER SUBSIDY BILL
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...- India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
- Finalising NFL's tender to import 17 lakh tonnes of urea; stock comfortable for Kharif season: GovernmentIndia is securing vital fertilizer supplies for the ongoing Kharif season. The government is finalizing imports of 17 lakh tonnes of urea t...
- India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok GulatiIndia’s fertiliser subsidy regime is facing scrutiny; rising global fertiliser and energy prices and rising fiscal pressures expose its ine...
- Urea imports may get 50% cheaper before kharif season as China eases suppliesIndia is set to import urea at significantly lower prices. This development follows a sharp decline in global urea rates after a recent spi...
- 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...
- 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 considers spending curbs to protect fiscal deficit targetIndia's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...
- 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...
- 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...
- 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...
- Top fertiliser companies float tender to buy 600k t SulphurTop Indian fertiliser firms have united to buy a large quantity of sulphur. This critical raw material is needed for phosphatic fertilisers...
- 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...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- The Hormuz blockade: Why a fragile ceasefire may not lower global oil pricesBrent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...
- Healthcare isn't a luxury: Balancing private equity growth with patient affordability in IndiaPrivate equity has boosted India’s healthcare capacity and efficiency, but rising costs and premiums risk limiting access. Strong regulatio...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Budget 2023: India may spend less on fertilizer subsidy to ease fiscal burdenOfficials are considering slashing the fertilizer subsidy bill to 1 trillion to 1.5 trillion rupees ($18 billion) for the 2023-24 fiscal ye...
- Government's Rs 2 lakh cr fertilizer project a washout: CAGThe government spent Rs 2, 70, 648 crore on fertilizer subsidy between 2003 and 2010, but fertilizer production increased by a meagre 14 me...
- High crude prices to put pressure on fiscal deficit: RBIRBI warned high crude prices could inflate the petroleum and fertilizer subsidy bill and put pressure on fiscal deficit
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