● Neutral for Indian equities
India working with Russia, Ukraine to secure grain shipments: Jaishankar
The brief
- India is working with Russia and Ukraine on a limited resolution for grain and fertiliser shipments
- Grain and fertiliser shipments matter to Indian agriculture and fertiliser companies
- Fertilisers have gone through the roof; no country can sustain buying at this level: FM Sitharaman
- Fertiliser prices, Hormuz disruption threaten global food security: Nirmala Sitharaman
- India's Drought Risk: Which Stocks Could Feel The Impact Of A Weak Monsoon And Rural Demand Shock?
- India’s fertiliser subsidy may exceed ₹3 lakh crore in the current fiscal
- Jaishankar Warns Of 'Major Food Crisis' In Coming Months Amid Disrupted Grain Shipments, Fertilizers Shortage, Super El Nino