Fertiliser firms’ working capital borrowings set to rise: ICRAThe subsidy requirement of Rs. 1250 billion includes a subsidy backlog which is expected to increase.
03 Jan, 2020, 03.57 PM IST
Budget carries strategy spelt out in Economic Survey: MM MurugappanOverall investment in the economy should get support through the proposed infusion of Rs 70,000 crore into public sector banks, Murugappan,...
08 Jul, 2019, 04.17 PM IST
Budget 2019: ICRA hopes rationalisation of subsidy under NBS schemeICRA also expects a reduction of the import duty on LNG to nil from 2.5% currently, resulting in lowering of the cost of production and the...
03 Jul, 2019, 04.34 PM IST
DBT to impact fertiliser industry's working capital: ReportRatings agency Icra has raised concerns over a subsidy backlog of more than Rs 23,000 crore by March, which is nearly 33% of the budgetary ...
21 Feb, 2018, 06.30 PM IST
DBT to negatively impact fertiliser industry’s working capital cycle in the near term: ICRAAdditionally, under the existing system of subsidy dispensation, sale is reported when the fertilisers are sold to wholesalers/retailers wh...
21 Feb, 2018, 04.14 PM IST
DBT of fertilizer to increase working capital for cos: ICRAThe subsidy backlog is expected to be more than Rs 230 billion at the end of March 2018, which is nearly 33% of the budgetary allocation of...
21 Feb, 2018, 03.36 PM IST
Budget must stimulate agriculture sector to help fertilizer players: IcraThe next budget needs to have several policy measures to give a stimulus to the agricultural sector such as on irrigation, crop insurance a...
18 Jan, 2018, 06.24 PM IST
Fertiliser subsidy arrear drops to Rs 23,000 crore: Ananth KumarThe direct benefit transfer (DBT) for fertiliser subsidy, which is being implemented in some states, will be rolled out across the country ...
05 Dec, 2017, 07.35 PM IST
Fertiliser Ministry gets Rs 10,000-crore under special banking arrangementThe SBA, under which fertilizer companies can take loans against subsidy receivables, would help the industry meet its fund requirements ti...
06 Feb, 2017, 05.59 PM IST
Fertiliser stocks surge up to 9% on direct subsidy transfer expectationsFertiliser stocks climbed over 9 per cent on Friday after reports surfaced that the government is planning to directly transfer fertiliser ...
26 Feb, 2016, 04.24 PM IST
Chemical fertilizer companies could see a mix bag performance going aheadReducing gas prices, tightening of efficiency norms and gas pooling for domestic urea units will reduce the government of India’s (GoI) sub...
01 Feb, 2016, 03.14 PM IST
Maharashtra aims to finish backlog in small irrigation scheme subsidyMaharashtra Revenue Minister Eknath Khadse today told the Legislative Council that the government is planning to grant subsidies to small i...
15 Dec, 2014, 02.52 PM IST
Jan Dhan Yojana: 5.29 crore accounts opened; 1.78 crore RuPay cards issuedThe benefit of Pradhan Mantri Jan Dhan Yojana (PMJDY) can be extended to existing account holders without opening a new account.
02 Oct, 2014, 05.51 PM IST
Budget 2011: Tea industry seeks continuation of orthodox subsidy schemeITA said the subsidy backlog for 2008-09 and 2009-10 be released, so that producers were encouraged to continue production of the variety.
23 Feb, 2011, 02.50 PM IST
- Govt starts clearing backlog on interest subsidy against bank loans
In a bid to prop up institutional financing for modernisation of textile mills, the textile ministry has started clearing the pending backl...
21 Jul, 2009, 11.12 PM IST
- Stimulus package for textiles to have minimal impact in Guj
Stimulus package for the textile sector announced by Union government will have minimal impact on the sector in Gujarat.
08 Dec, 2008, 04.05 PM IST
- PINC has maintained 'buy' on ABG Shipyard
PINC has maintained 'buy' on ABG Shipyard's stock with a revised 12-month price target at Rs195 due to the robust order backlog gives us a ...
05 Nov, 2008, 12.47 PM IST