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Policy● Neutral for Indian equities
Govt absorbing up to Rs 2,700 per urea bag as global costs rise to Rs 3,000: Nirmala Sitharaman
The brief
- The Centre absorbs up to Rs 2,700 per urea bag as global costs rise to Rs 3,000
- Finance Minister Nirmala Sitharaman said the subsidy supports farmers
- Higher subsidy costs affect government finances and Indian fertiliser companies
- Sitharaman discusses BIT, FTA, UPI expansion with Qatar during Doha visit
- FM Sitharaman meets AIIB President, suggests expansion of financing beyond physical infra
- Sitharaman visits Qatar for AIIB meeting as India-Qatar investment talks may advance
- India's China trade deficit may not tell the full story, FM Sitharaman explains why
- FM Nirmala Sitharaman sets 10%+ growth target, pushes back against suggestion on ‘missed AI bus’