Krishana Phoschem shares rose after its board gave in-principle nod to set up a 500 TPD DAP/NPK fertiliser plant and 300 TPD sulphuric acid unit at Meghnagar, MP.
DCM Shriram Ltd on Monday reported a 52 per cent increase in its consolidated net profit to Rs 178.91 crore for the quarter ended March on higher income. Its net profit stood at Rs 117.80 crore in the year-ago period. Total income rose to Rs 3,040.60 crore in the January-March period of the last fiscal from Rs 2,555.23 crore in the corresponding period of the preceding year. During the 2024-25 fiscal, the company's net profit increased to Rs 604.27 crore from Rs 447.10 crore in the preceding year. Total income rose to Rs 12,883.46 crore in the last fiscal year from Rs 11,529.83 crore in 2023-24. DCM Shriram is into chemical, sugar, farm solutions and fertilizer businesses among others.
Says FY25 subsidy now totals Rs 1.91 trn versus BE of Rs 1.68 trn
The White House said in a statement that Washington would help restore Russia's access to the world market for agricultural and fertiliser exports
India's rock phosphate imports from Togo have risen steadily over the past few years, with purchases made on a spot basis
The food subsidy for FY26 was estimated at Rs 2,03,420 crore, which is 3.04 per cent higher than the RE for FY25 but 0.9 per cent lower than the BE for FY25
Sources said that the unofficial cap on prices has been lifted and companies have been permitted to raise DAP and other complex rates by a specified amount
The collaboration marks a significant step towards addressing critical challenges in agriculture by introducing next-generation fertilisers
MOP sales buck trend, rise 20% in kharif 2024
The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth
As supplies of DAP have got squeezed, more and more growers are opting for complexes - mainly combinations of nitrogen, phosphorus, potash, and sulphur (NPKS) in various grades
As the gas prices dropped, the cost of producing urea has also come down, and with it its subsidy expenditure from the government
In these model villages or clusters, Iffco would undertake focused activities to encourage farmers to adopt nano products such as nano urea and diammonium phosphate
Supplies by the central government agencies in the coming weeks are expected to fill the demand-availability gap
There is a large difference in the cost of production between grey and green ammonia
The government has notified specifications of a new product 'Nano Urea Plus' fertiliser to be manufactured by cooperative IFFCO in the country for the next three years. Nano Urea Plus is a new version of nano urea meant for meeting crop nitrogen requirements at critical growth phases. As per the gazette notification, the government has approved Nano Urea Plus in liquid form with 16 per cent nitrogen content and pH value of 4-8.5 and viscosity of 5-30. This product will be manufactured by the cooperative major IFFCO for a period of three years, it said. "IFFCO's Nano Urea Plus is an advanced formulation of Nano Urea in which nutrition is redefined to meet crop nitrogen requirements at critical growth phases. It is used in place of conventional urea and other nitrogenous fertilisers for promoting soil health, farmer's profitability & sustainable environment," IFFCO Managing Director and CEO U S Awasthi said on a social media platform X. It also enhances the availability and ...
Use of green hydrogen in the production of ammonia can be achieved by putting up grass-root green ammonia plants and scrapping of existing plants
The government has provided nearly Rs 1.71 lakh crore as fertilisers subsidy till January in this fiscal year, Parliament was informed on Friday. In a written reply to Lok Sabha, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said the government provides subsidy on various fertilizers to ensure adequate availability of fertilizers at affordable prices to farmers. "The subsidy provided for fertilisers in the country for the year 2023-24 (as of January 31, 2024) is Rs 1,70,923 crore," he added. The Government has implemented Nutrient Based Subsidy (NBS) policy with effect from April 1, 2010, for Phosphatic and Potassic (P&K) Fertilizers. Under the policy, a fixed amount of subsidy, decided on annual/semi-annual basis, is provided on notified P&K fertilizers depending on their nutrient content. "Under this policy,P (maximum retail price) is fixed by fertilizer companies as per market dynamics at reasonable level which is monitored by the government. Accordingly, .
Weak near-term outlook could worsen cash flows for the company
The leak has been fully plugged and there is no cause for concern, the Tamil Nadu Pollution Control Board (TNPCB) said, following protests by people who sought closure of the plant