FERTILISERS
Explained: Why are Vedanta investors disappointed on Rs 17,000-crore Jaiprakash acquisition bid
Vedanta’s Rs 17,000 crore bid for Jaiprakash Associates assets raises concerns over weak synergies, debt risks, and limited turnaround potential. Analysts question the addition of non-core, litigation-prone businesses, though the staggered payment eases cash flow pressure. Shares fell 2.2%, reflecting investor skepticism amid volatile markets.
Uni Abex Alloy to invest Rs 100 crore to double production capacity of high-performance alloys
Uni Abex Alloy Products Ltd will invest over Rs 100 crore to double its high-performance alloys production capacity by FY26. The expansion at its Dharwad facility in Karnataka aims to meet rising demand from industries like iron, steel, petrochemicals, and fertilizers. This strategic move will increase production from 6,000 to 12,000 metric tonnes per annum.
Japan's Mitsui to operate ONGC's ethane carriers; equity structure under discussion
Mitsui O.S.K. Lines will operate two very large ethane carriers for ONGC to import petrochemical feedstock for OPaL's Dahej facility, with imports starting around mid-2028. The firms are discussing a joint venture, with Mitsui likely holding a majority stake in the Korean-built ships.
Congress workers, farmers stage protest over fertiliser shortage in Mauganj; over 500 detained
Over 500 Congress workers and farmers protested in Mauganj, Madhya Pradesh, alleging fertiliser shortages and other issues, leading to clashes with police as they attempted to reach Chief Minister Mohan Yadav. Protesters breached barricades erected to prevent them from meeting the CM, citing harassment and lathi charges against farmers seeking fertilisers.
US tariff issue: PM Modi has become 'enemy of the nation', claims Mallikarjun Kharge
Mallikarjun Kharge criticized Prime Minister Modi, alleging he prioritized friendship with Donald Trump over national interests, leading to detrimental US tariffs. Kharge emphasized India's tradition of non-alignment and accused Modi of damaging the country's international standing by openly endorsing Trump. He also highlighted issues the Congress plans to address in upcoming elections, including unemployment and farmers' concerns.
GST rate cuts to benefit 10 crore dairy farmers: Ministry of Cooperation
The GST rate cuts on dairy products, farm inputs, and food processing items are set to positively impact over 10 crore dairy farmers and bolster the cooperative sector, according to the Ministry of Cooperation. This restructuring addresses inverted duties in fertilizer manufacturing, aiming to stabilize prices for farmers and ensure timely input availability.
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193 people dead in rain-related incidents this monsoon in Rajasthan: Agriculture minister
Rajasthan Agriculture Minister Kirodi Lal Meena reports 193 rain-related deaths this monsoon. This is the highest ever death toll. The state faces huge crop losses. A survey is underway, and it will be completed by September 15. The Union government plans strict laws against fake fertilizers, seeds, and pesticides. Baran district is the most affected by rainfall.
GST reductions to boost cooperatives, farmers, rural enterprises
The Ministry of Cooperation reports that recent GST reforms will strengthen the cooperative sector, enhance product competitiveness, and boost rural entrepreneurship. Rate reductions benefit farming, animal husbandry, and food processing, making essential goods more affordable. Dairy farmers and consumers receive direct relief through exemptions and lowered taxes on related products, promoting sustainable practices and increasing incomes for cooperatives.
GST rationalisation could increase pressure on the oil and gas sector, says ICRA
The Goods and Services Tax rationalisation is set to impact various Indian sectors. Oil and gas may face increased production costs. However, consumer demand and producer sentiment are likely to improve. Renewable energy projects can expect reduced capital costs. The automobile industry anticipates a revival in sales. Rural housing will benefit from lower cement taxes.
Drier weather threatens India's tea exports, global supply
Climate change is severely impacting India's tea plantations, particularly in Assam, with rising temperatures and erratic rainfall reducing yields and threatening the industry. This decline in production, coupled with increasing domestic consumption, is expected to shrink India's tea exports, potentially driving up global prices.
How will the recent GST changes affect different sectors of the economy?
GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benefit. Two-wheeler makers with higher than 350 cc bikes may face negative impact. Retail-focused lenders could see improved credit demand. Renewable energy companies may gain from GST reduction on solar cells.
A GST 'Budget' for aspiring citizens
The Indian government has implemented significant economic reforms. These reforms include GST rate rationalization and structural changes. The aim is to boost India's competitiveness and economic growth. Rate reductions on essential goods will benefit citizens. This will lead to increased consumption and GDP growth. Simplified tax structure and trade facilitation are also key components. MSMEs will experience easier business operations.
GST rate cut on raw materials offers lifeline to struggling fertilizer manufacturers
The reduction in GST rates on key fertilizer raw materials like sulphuric acid and ammonia to 5% has relieved the industry, according to SFIA. This move addresses a long-standing tax disparity where inputs were taxed at 18% while finished fertilizers were at 5%, easing liquidity pressures and benefiting MSMEs.
GST Council approves faster export refunds for claims below ₹1,000
The measures will improve the liquidity condition of exporters amid the US imposing 50% tariffs on India. The US decision would impact around $48.2 billion of outbound shipments based on 2024 trade values. The GST Council recommended an amendment to the rules to provide for sanction of 90% of refund claimed as provisional refund "on the basis of identification and evaluation of risk by the system", the council said in a statement.
GST 2.0 gets the green light: What gets cheaper and costlier from September 22?
GST Meeting Cheaper, Costlier: The GST Council has approved changes to India's indirect tax structure. Many daily-use goods will become cheaper from September 22. Food items, consumer goods, and renewable energy devices will see reduced tax rates. However, sin goods and luxury items will remain under higher taxation. Coal will be taxed at a higher rate. Restaurants and lottery services face revised rules.
GST cuts on farm inputs, dairy products 'big Diwali gift' for farmers: Agri industry
Industry leaders applaud the government's GST rate reduction on agricultural inputs and dairy products, anticipating significant relief for farmers facing rising costs and unpredictable weather. The move is expected to increase farmer incomes by lowering input costs and promoting the adoption of advanced technologies. Reduced GST on dairy products will improve affordability, boost consumption, and support dairy farming families.
GST 2.0: Biggest gainers and losers of the new tax regime
India has announced revised Goods and Services Tax (GST) rates. Finance Minister Nirmala Sitharaman announced GST cuts on many items. The changes will impact good from dairy items to cars. New rates take effect from September 22. Daily use items see lower taxes. Cars, TVs, and cement also get tax cuts. Apparel costing over 2,500 rupees will see a tax increase.
Consumption boost and GST reforms set to drive economic growth and sectoral gains: Sunil Subramaniam
India’s economic landscape is poised for a significant uplift following the government’s recent policy announcements aimed at boosting consumption and reducing GST burdens.
GST 2.0: What’s next for businesses and what can India Inc do?
The GST Council's recent announcements focus on rate consolidation, trade facilitation, and improved consumer ease. Rate reductions on B2C products aim to boost affordability, while input rate cuts for solar, textiles, and fertilizers correct inverted duty structures. The removal of the 'intermediary' provision simplifies export regulations.
Parag Milk, other agriculture and dairy stocks rally up to 7% after GST cuts
Agri and dairy stocks like Parag Milk, Dodla Dairy, and Kaveri Seeds gained up to 7% after the GST Council slashed rates on fertilisers, farm machinery, and dairy products. The cuts, effective September 22, aim to ease costs for farmers and consumers.
Extension of export obligation period for chemical imports to provide relief to exporters: Govt
The government has extended the export obligation period for chemical imports. This extension, under the advance authorisation scheme, moves from six to eighteen months. The Ministry of Chemicals and Fertilisers says this will help exporters. It simplifies trade and boosts the global market position of Indian goods.
Govt to evaluate fertilizer subsidy schemes; may incorporate changes to enhance effectiveness
The Development Monitoring and Evaluation Office (DMEO), under the NITI Aayog, will undertake the evaluation of urea subsidy and nutrient based subsidy schemes which together cost the exchequer in excess of Rs 1,77,000 crore in 2024-25. The aim is to assess the relevance, efficiency, effectiveness, sustainability, impact, coherence, and equity of the schemes with the Urea Subsidy scheme in operation since 1977 while the Nutrient Based Subsidy Scheme has been in place since 2010.
Shortage to scam: Fake fertilisers, pesticides flood farms - how much is China to blame?
With limited supply, a rise in agrochemical input demand has created fertile ground for counterfeit products, an issue further aggravated by China’s export restrictions, which were later relaxed, say experts.
Agriculture Ministry to create dedicated portal for farmers' complaints: Shivraj Singh Chouhan
Union Agriculture Minister Shivraj Singh Chouhan has announced the creation of a dedicated portal to address farmers' grievances and ensure their prompt resolution. He instructed officials to prioritize resolving complaints related to substandard inputs like fertilizers, seeds, and pesticides, emphasizing the need to protect farmers from exploitation.
18 companies to go ex-dividend on Tuesday. Last chance to buy shares for eligibility
Investors eyeing dividend payouts from listed companies must act today, as September 2, 2025, is the record date. Ratnamani Metals & Tubes leads with a 700% dividend, followed by Gabriel India at 295%. Chemical and fertilizer companies are prominent, with significant payouts from Deepak Fertilisers and Gujarat Narmada Valley Fertilizers & Chemicals.
Stock Radar: RCF took support above 100-DMA, breaks out from downward sloping channel line; stock down 27% from highs
Rashtriya Chemical Fertilisers Limited stock showed support above its 100-DMA. It broke out from a downward channel in August. Experts suggest medium-term traders can consider buying. The stock hit a high of Rs 206 last year, then fell. It bounced back from a low in April.
India's first indigenous water-soluble fertiliser technology to cut Chinese import dependence
India has achieved a significant breakthrough in fertilizer technology, developing its first indigenous water-soluble fertilizer production process after seven years of research. This "Make in India" initiative, supported by the Ministry of Mines, aims to reduce the country's heavy reliance on Chinese imports.
China to reimpose specialty fertilizer export curbs from Oct, India braces for price surge: SFIA
India's specialty fertiliser sector anticipates new supply issues. China plans to reinstate export restrictions starting in October. This could lead to price increases for farmers. Rajiv Chakraborty of the Soluble Fertilizer Industry Association shared this. Companies are trying to secure supplies before the restrictions begin. Indigenous supplies might help later. India heavily relies on Chinese specialty fertiliser imports.
Freshokartz reaches Rs 200 crore ARR with launch of private label brand NuKrishi
Agri-tech startup Freshokartz has significantly increased its revenue to Rs 77 crore in FY25, achieving a profit of Rs 3.1 crore. The company, which launched its private label brand NuKrishi, is targeting Rs 200 crore in revenue for FY26.
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