Page 4 - Fertiliser

India boosts fertiliser imports from Canada, Israel as Russian supply hit

India is boosting fertiliser imports from nations including Canada and Israel to ensure sufficient supplies for the coming summer sowing season

Russia-Ukraine crisis to push up fertiliser prices, govt subsidies

India's agriculture sector is expected to face the heat from hostilities between Russia and Ukraine which are expected to push up prices and availability of Potash

Grasim becomes net debt-free on standalone basis after fertiliser arm sale

In Dec quarter results, the company said its consolidated revenue was up 16% at Rs 24,402 crore while profit after tax was Rs 1,746 crore, up 26% YoY

IFFCO ranks first among top 300 cooperatives in the world, retains position

The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has been ranked 'number one Cooperative' among the top 300 cooperatives in the world.

Fertiliser scam: HC asks Tihar for report on medical condition of RJD MP

The Delhi High Court Monday asked the Tihar jail authorities to file a report on the current medical condition of RJD Rajya Sabha MP Amarendra Dhari Singh

Food, fertiliser bills push govt subsidy up three times in FY21

The government spent Rs 5.3 trillion in food subsidies during the pandemic-hit last year--over five-fold increase over 2019-20 when it spent Rs 1.08 trillion

Centre hikes fertiliser subsidy by 140%; farmers to get DAP at old rate

A govt statement said the Centre would spend an additional Rs 14,775 cr on fertiliser subsidy in the current financial year

Green hydrogen may soon be a must for fertiliser, refinery units: R K Singh

Plan is to replace use of imported ammonia in farming, petroleum, steel and other sectors; Gadkari bats for all govt vehicles to go electric

Fertiliser subsidy: Experts say structural reforms in the offing

These could include direct cash transfer, encouraging rational use of fertilisers

Fertiliser firm RCF sells industrial products worth Rs 200-cr so far

State-owned fertiliser firm RCF has sold industrial products worth Rs 200 crore till July 27 in this financial year.

Fertiliser body concerned as subsidy dues payable to cos cross Rs 33,000 cr

FAI Director General Satish Chander demanded that the government should clear subsidy arrears at the earliest as delay in payments is hurting liquidity of manufacturers

Fertiliser movement through coastal shipping now eligible for subsidy

This decision would promote transportation of fertilisers through coastal shipping under the Ministry's flagship Sagarmala programme

Non-urea fertiliser prices rise again, no relief for farmers in sight

Companies claim farmers could have been shielded if Centre had released additional subsidy during the year

India's dependence on fertiliser imports to continue in medium-term: Study

The country consumes 55 million tonne of fertilisers annually, of which 72 per cent is domestically produced while the rest is imported, says India Ratings and Research (Ind-Ra)

Fertiliser self-sufficiency a distant goal

Consumption to rise 20% till 2024; neem coating and direct benefits transfer not yet proven successful

Policy tweaks boost India's fertiliser sector

The country's import dependence for urea stands at 20-25% of the total demand

Fertiliser policy change to affect firms differently

Fertiliser companies are likely to pass on subsidy benefit to consumers

Indian fertiliser companies to raise potash prices after subsidy cut

Prime Minister Narendra Modi's cabinet last week cut potash subsidies by 20 per cent

Fertiliser shares rally up to 16% ahead of Cabinet meet

Madras Fertiliser, Rama Phosphates, RCF and FACT have surged more than 10% each.

Harvesting times for fertiliser firms

Fresh triggers after the note ban have helped fertiliser stocks not only gain lost ground but register good returns.Expectations of a decline in subsidy receivables in FY18 after the Union Budget, hopes of demand improvement following the UP elections, as well as talk of fast-tracking fertiliser reforms have helped these stocks gain in the past few months. With these gains, the one-year returns given by these stocks too have been phenomenal. Coromandel International, Chambal Fertilisers, GSFC, Tata Chemicals, Deepak Fertilisers, etc have gained 52-98 per cent in the past one year. There could be more gains ahead.This reversal in fortunes for fertiliser stocks in FY17 comes after three challenging years. The deficient monsoons, high raw material prices, elevated subsidy receivables, and policy stagnation had contributed to their underperformance earlier. While substantial improvement in the monsoon in 2016 provided the first trigger, falling prices of natural gas and those of MoP ...