UREA
GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra Pradesh
GAIL (India) and KRIBHCO have signed an agreement to explore constructing a urea plant in Andhra Pradesh. The plant is expected to generate direct and indirect job opportunities for local residents. Officials aim to set up a facility producing 1.27 million tons of urea per year in Srikakulam. The state government will support the initiative by providing land and infrastructure.
Government approves Rs 62,370 cr fertiliser subsidy for Rabi 2026-27
The Union Cabinet has approved a nutrient-based subsidy of Rs.62,370 crore for RABI season 2026-27. This subsidy amount is significantly higher than the previous season's budget of Rs.37,952.29 crore. Global shortages and price escalations of fertilizers were influenced by the ongoing conflict in West Asia. The government aims to ensure affordable prices for fertilizers by rationalizing the subsidy on phosphatic and potassic fertilizers.
The much awaited Noida-Greater Noida West metro link, a mega museum and more: Inside the Cabinet's Rs 77,101 crore package
On Wednesday, the Union Cabinet approved significant proposals for infrastructure and business support across India. The government will allocate ₹3,230 crores for the Yuge Yugeen Bharat Museum in New Delhi. A metro rail project linking Noida and Greater Noida will receive ₹2,390 crores for development. Additionally, ₹62,370 crores will be set aside for NBS rates on fertilizers for the Rabi 2026-27 season.
NTPC sole applicant in second round of coal gasification scheme
The second round of applications for the coal gasification scheme saw participation from only NTPC Ltd. In contrast, the first round attracted five companies, highlighting a change in interest levels. The scheme aims to reduce import dependence while supporting the production of industrial feedstocks from domestic coal. NTPC's involvement is considered a positive sign amidst limited interest from other firms.
NTPC submits two coal gasification project proposals under govt's Rs 37,500 crore scheme
NTPC Limited has submitted proposals to establish coal gasification projects for producing urea, methanol, and dimethyl ether. The Ministry of Coal announced that applications for the third round will open on November 10. January 11, 2027, is set as the deadline for these applications. The government's initiative aims to expand domestic production and support the broader use of indigenous resources.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment which bore the brunt of the selling. The same logic will operate in reverse as they start buying, focusing once again on the safer and more liquid large-cap stocks.
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Manipur Chief Minister announces new handloom department at MANITEX 2026 to boost local artisans
Manipur Chief Minister Yumnam Khemchand Singh has announced a future upgrade for the Handloom and Handicrafts sector. The government is considering establishing a full-fledged department dedicated to this important economic area. During his speech at the Manipur International Textile Expo, he emphasized the sector's contribution to the state's identity.
Budget 2027: Customs duty relief on 118 goods under review
The Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input from respective line ministries and industry stakeholders regarding these exemptions. Goods under review include materials for power projects and certain medical devices. A focus is on correcting the inverted duty structure to support local manufacturing initiatives. The outcomes of this review will influence the upcoming budget for 2027-28.
‘I will serve people till my last breath’: PM Modi responds to Kharge's remarks
During a gathering in Banaskantha, Gujarat, Prime Minister Narendra Modi spoke passionately about his commitment to serving the public. He took jabs at the Opposition for supposedly finding enjoyment in moments of national distress and causing unrest. Modi assured farmers that the government is ensuring a steady supply of fertilizers at reasonable prices, even amid global price fluctuations due to conflicts in the Gulf, promising ongoing support for their welfare.
India's fiscal deficit for April-September at Rs 7.14 lakh crore, widens to 42.1% of FY27 aim
India's fiscal deficit for the first six months of the fiscal year reached Rs 7.14 lakh crore. Total receipts during this period equaled Rs 18.35 lakh crore, which is 50.3% of the budget estimate. Revenue receipts accounted for Rs 17.57 lakh crore, with net tax revenue being Rs 12.76 lakh crore. Non-tax revenue was reported at Rs 4.81 lakh crore, which is lower than last year.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
Here’s one thing that is worth clarifying, because it is in the headlines. Large global technology companies have been announcing heavy spending on AI, and there has been some correction in those stocks because of it. It is natural to worry that this will spill over into the Indian market. It most likely will not.
GSFC plans Jamnagar acid plant to cut fertiliser input import dependence
In a major move, Gujarat State Fertilizers and Chemicals has announced plans to establish a new plant in Jamnagar dedicated to the production of sulphuric and phosphoric acid. This facility will play a crucial role in ensuring the availability of essential raw materials for phosphate fertilizers, particularly in light of increasing prices driven by geopolitical tensions.
World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%
Global commodity prices are projected to rise significantly in 2026, driven by conflict in the Middle East and supply disruptions. Energy prices are likely to escalate by 32% due to decreased oil supply and increased consumption. Food prices are expected to increase about 10% in 2026 due to rising farm costs and disrupted grain shipments. The World Bank emphasizes the urgency of supporting vulnerable countries facing economic hardships.
Ladakh becomes India’s first fully organic Union Territory, individual farmer certification next
Ladakh has been declared India’s first fully organic Union Territory, promoting chemical-free agriculture practices. The administration aims for individual farmer certification to enhance market opportunities for organic produce. Efforts include a ban on chemical fertilizers and distribution of organic fertilizers to support farming transitions. The goal is to strengthen market linkages and improve farmers' incomes while safeguarding water and soil resources.
QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnerships
QClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking progress towards drug discovery applications.
Link fertiliser subsidies to area & crop productivity: ICRIER
India is recommended to shift from product-based fertiliser subsidies to direct support for farmers to improve soil health. It involves integrating digital records of cultivation and crop-specific nutrient requirements for more effective subsidy targeting. The reports emphasize the necessity of incorporating tenant farmers and sharecroppers in these digital systems. Improved targeting of subsidies could lead to better investment in soil health and sustainable practices.
Union agriculture minister launches campaign to promote sustainable farming
Union Agriculture Minister Shivraj Singh Chouhan has inaugurated the 'Khet Bachao Abhiyan,' a campaign dedicated to advancing sustainable farming techniques across the nation. Its goals include enhancing soil health and encouraging efficient resource use.
Urea imports surge 40% despite push to cut chemical fertilisers
Total urea imports in the April-September period rose to 5.589 million tonnes from 3.979 million tonnes in the first half of last fiscal year. Local sales fell 4.1% to 18.52 million tonnes. The sales were down primarily due to poor rainfall in large parts of the country deterring farmers from spending on soil nutrients, said a senior executive at a large urea firm.
Speedy project approvals, assured buyers key to India's 100 MT coal gasification target by 2030
India has set a target to gasify 100 million tonnes of coal by 2030 with significant investments. The coal ministry estimates the investment required will be between Rs 2.5 and 3 lakh crore. A streamlined single-window approval process is essential to facilitate this ambitious project. Coal gasification is expected to reduce India's import dependence on methanol and natural gas.
BCGCL starts construction work on Rs 25,000 cr gasification project, Rs 15k cr work awarded
Bharat Coal Gasification and Chemicals Ltd has begun construction for a significant coal gasification project in Odisha. The project involves an investment of Rs 25,000 crore, aimed at producing technical grade ammonium nitrate. Most tenders have been awarded, with Rs 15,000 crore worth of contracts already distributed. Major work is divided between BHEL and Larsen & Toubro for specific project packages.
Fertiliser stocks: Combination of strong headwinds and structural repair. Who will win? 9 stocks, 4 with upside potential of up to 31%
For the better part of a decade now, every time this critical sector has run into trouble, the government has stepped in. The clean-up began with small steps. The mandatory coating of urea with neem was an early one. It was a measure that was not financial on the face of it; but it changed the sector’s economics by stopping the diversion of subsidised fertiliser to other uses.
Bihar joins Maharashtra, UP in curbing sale of non-subsidised fertiliser
Bihar has imposed restrictions on the sale of non-subsidised fertilisers to control access for farmers. These restrictions could limit the availability of advanced crop nutrition products through existing distribution networks. Industry executives warn that this move may lead to significant losses and hinder investment in new technologies. Concerns have been raised about potential impacts on soil health and crop productivity.
India shields city gas users as Hormuz crisis threatens South Asia's LNG demand
India has shielded city gas supplies from Middle East LNG disruptions by cutting deliveries to fertiliser plants, refineries and industrial users, helping it weather the crisis better than Pakistan and Bangladesh, Wood Mackenzie said. Even so, India has faced sharply higher LNG prices and an estimated 1.5 million-tonne reduction in gas demand, as the regional supply shock reverses earlier expectations for South Asian LNG growth.
India’s next fertiliser revolution: New-age nutrients to complement conventional fertilisers
India’s fertiliser strategy must, therefore, evolve from a question of choosing between conventional and new-age fertilisers to one of integrating both.
Adani Enterprises has finally got strong winds filling its sails
Adani Enterprises’ outlook is improving as several incubated businesses reach commercial scale. CARE Ratings has upgraded AEL to AA, citing stronger financial flexibility after its ₹15,000-cr QIP and Adani Airports monetisation. Airports, Kutch Copper and roads are expected to drive FY27 earnings, while data centres, new energy, defence and aluminium offer longer-term growth.
Tea Research Association launches TocklAI, the world's first AI model for tea
The Tea Research Association has launched TocklAI, an AI model designed specifically for the tea industry and trained on Tocklai Tea Research Institute’s verified research archive. The tool will help planters and small growers with pest control, soil health, climate adaptation, processing and compliance, using more than 2,000 digitised scientific publications.
Government to review fixed costs for urea plants, subsidy payouts may change
In response to rising production costs, the government is launching a sub-committee to assess fixed-cost payments for urea producers. This initiative may lead to changes in the payment framework, directly impacting government subsidy allocations. The current fixed-cost formula has been stagnant since the financial year 2002-03, prompting industry advocates to request that heightened costs be factored into forthcoming reviews.
Government tracks fertiliser diversion through e-way bills as supply fears rise
The government has implemented a strategy to use e-way bill data to monitor subsidised fertiliser movement. Concerns over fertiliser supply due to the Iran war have prompted the Finance Ministry's analysis of trucking routes. Reports of route deviations and illegal unloading emphasize the significance of tracking fertiliser distribution. Increased enforcement has resulted in thousands of raids and notices against violators across India.
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