Import dependency of India's urea industry to fall 10-15 pc this fiscal

India's Urea Industry Marches Towards Self-Sufficiency

India's urea industry, a significant contributor to the country's chemical fertilizer demand, is on the brink of a significant shift. The industry, which currently relies on imports for 30% of its needs, is expected to reduce this dependency to 10-15% in the near-to-medium term. Aug 21, 2024
India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally. Aug 11, 2024