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BusinessApr 08, 2026 04:36 PM

UP: CM calls shift from production to profitability, prosperity in farming

Lucknow, April 8 (UNI) While inaugurating the 6th Uttar Pradesh Agricultural Science Congress 2026 here on Wednesday, Uttar Pradesh Chief Minister Yogi Adityanath presented a comprehensive and forward-looking vision for the overall development of the agriculture sector. He clearly stated that "The time has come to take agriculture from production to productivity, from productivity to profitability, and ultimately from profitability to prosperity. The vision of an Atmanirbhar Viksit Bharat will ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 08:34 AM

RBI likely to hold rates; metal, mining stocks to benefit from high energy prices

New Delhi, April 7 (SocialNews.XYZ) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank's $70 per barrel assumption, a report said on Tuesday. "Current oil prices are 50 per cent above RBI's assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening," the report from SBI Mutual Funds said. The AMC firm noted metals and mining a ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 06:33 AM

15.20L already using PNG in Surat; 1,805 new commercial applications: GSPCL MD

Stating that the city had 15.20 lakh domestic piped natural gas (PNG) connections, Gujarat State Petroleum Corporation Ltd (GSPCL) Managing Director Avantika Singh stated that people applying for new connections by June 30 were eligible for a discount of Rs 500. "There are 15.20 lakh domestic PNG (piped natural gas) connections in Surat city. The government is in constant coordination with oil and gas companies to ensure that they do not face any problems in obtaining a regular gas supply. In a ...Read More >

Economic Times - Politics - News Image
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PoliticsApr 08, 2026 06:07 AM

Skymet predicts below-normal monsoon in India this year; El Niño to hit second half

New Delhi: India is expected to get below-normal monsoon rainfall in 2026 as the El Nino weather pattern would weigh on precipitation in the second half of the June-September season, said private weather forecaster Skymet, sparking concerns about crop output, consumption, and inflation. Rainfall is expected to be 6% below normal or 94% of the Long Period Average (LPA) of around 817 mm for the four-month-long season. Rainfall in June is projected at 101% of LPA, falling to 95% in July, accordin ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 04:34 AM

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

Benchmark Brent crude cost about $109 a barrel on Tuesday, and has remained ⁠above or around $100 for more than three weeks, up over 50% from about $70 just before the conflict began on February 28. Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. "As this shock gets bigger and bigger, the risks of recession are rising significantly...There are likely some thresho ...Read More >

Abtak.com - Business - News Image
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BusinessApr 08, 2026 02:33 AM

Crop-specific roadmaps being devised with states for scientific farming: Shivraj Singh Chouhan

"In the coming time, the entire agricultural system will be based on Farmer ID. Distribution of fertilisers and several schemes will be linked to it, and seeds and fertilisers will also be distributed through this ID," Chouhan said. He added that Farmer IDs are being created across the country, and the process is expected to be completed within the next three months. In Rajasthan, around 10 lakh farmers are yet to be covered, and directions have been issued to expedite the process, he said. T ...Read More >

The Spokesman Review - Business - News Image
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BusinessApr 08, 2026 01:21 AM

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

SAN FRANCISCO/AHMEDABAD, India - Kevin Kelly is in a tough spot. What he says are unprecedented price increases in the weeks since the United States waged war on Iran mean the Californian, who makes plastic bags for groceries, may have to break contracts he cannot afford to honor with his customers. Thousands of miles away in India, gas shortages have closed dozens of plants that export aluminum products around the world. And in Britain, some farmers are eking out their fertilizer stocks as pri ...Read More >

Abtak.com - Business - News Image
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BusinessApr 07, 2026 11:34 PM

No immediate fiscal stress, India says, even as oil surge tests the budget- Moneycontrol.com

Government faces higher subsidy costs due to rising oil prices India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and ...Read More >

Kuwait Times - Business - News Image
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BusinessApr 07, 2026 11:28 PM

India expects no immediate risk to FY27 deficit goal - kuwaitTimes

NEW DELHI: India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritize capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and airports, which the government sees as critical to su ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 07, 2026 10:49 PM

Maharashtra News: 'Western Regional Agriculture Council To Boost Centre-State Coordination,' Says Mi...

Mumbai, April 7: Maharashtra Agriculture Minister Dattatray Bharne on Tuesday said that the Western Regional Agriculture Council will play a crucial role in strengthening coordination between the Centre and states while providing a clear direction for the growth of the agriculture sector. Speaking at the council held in Jaipur, Bharne expressed confidence that decisions taken at the forum would directly benefit farmers in Maharashtra and boost agricultural development. Regional council aims fo ...Read More >

Abtak.com - Business - News Image
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BusinessApr 07, 2026 09:33 PM

Govt faces fiscal pressure if fuel prices not passed on: PwC expert

PwC India's Ranen Banerjee warns the government faces fiscal pressure if rising crude oil prices aren't passed to consumers. He says holding pump prices is unsustainable and could hit the fiscal deficit or force cuts in capital expenditure.Fiscal Pressure and Difficult Choices The government may face increasing fiscal pressure if rising global crude oil prices are not passed on to consumers, with the potential for a significant impact on the fiscal deficit, said Ranen Banerjee, Partner and Econ ...Read More >

LatestLY - Business - News Image
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BusinessApr 07, 2026 09:05 PM

Business News | If Pump Fuel Prices Not Increased Soon, Govt May Face Tough Choice of Fiscal Pressur...

New Delhi [India], April 7 (ANI): The government may face increasing fiscal pressure if rising global crude oil prices are not passed on to consumers, with the potential for a significant impact on the fiscal deficit, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Also Read | Powerball Winning Numbers for Monday, April 6, 2026: Who Won the USD 231 Million Powerball Jackpot?. Speaking to ANI, Banerjee said that the current strategy of holding pump prices despite rising ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 08:50 PM

Crop-specific roadmaps being devised with states for scientific farming: Shivraj Singh Chouhan

Jaipur, Apr 7 (PTI) Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan on Tuesday said the Centre is working with states to prepare crop-specific agricultural roadmaps based on their geographical and climatic conditions to promote scientific farming and enhance farmers' income. Addressing a press conference here, the minister said data related to soil, water and weather is being analysed to ensure that scientific methods reach farmers at the field level. He said the Centre pl ...Read More >

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BusinessApr 07, 2026 07:49 PM

Rajasthan hosts 1st regional agriculture conference of western states

Jaipur, Apr 7 (UNI) union Agriculture Minister Shivraj Singh Chouhan today said that India has extended the plank of the Swadeshi (self reliance) in attaining total Food Security for feeding her 140 crore plus population. Addressing the first regional agriculture conference of the western states here, the Minister said, "In the present day global scenario, dependency on others (nations) to feed our population is not an ideal situation, not even a viable state. "That is why Prime Minister Naren ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 07:40 PM

Govt doubles 5-kg LPG cylinder quota to ease supply concerns amid Hormuz tensions

New Delhi, Apr 7 (PTI) The government has doubled the daily quota of market-priced 5-kg LPG cylinders for migrant workers as part of a broader push to stabilise fuel supplies amid disruptions linked to tensions around the Strait of Hormuz. Unlike the subsidised 14.2-kg cylinders that are used in household kitchens for cooking, the 5-kg bottles are priced at market rates. A 5-kg cylinder costs Rs 549 in Delhi as against the Rs 913 price for a 14.2-kg domestic cylinder. The 5-kg cylinders are av ...Read More >

Social News XYZ - Business - News Image
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BusinessApr 07, 2026 07:40 PM

RBI likely to hold rates, inflation could rise to 4.5-4.8 pc: Report

New Delhi, April 7 (SocialNews.XYZ) India's headline CPI could rise to between 4.5 and 4.8 per cent from a base case of about 4 per cent, and RBI's April policy is likely to keep rate changes on hold in a cautious tone, a report said on Tuesday. The report from Yes Bank said GDP growth is expected to moderate to about 7 per cent with downside risks if the US-Iran war persists. "Growth has remained resilient so far, supported by domestic demand - both private consumption demand and government's ...Read More >

Abtak.com - Business - News Image
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BusinessApr 07, 2026 07:29 PM

Govt To Roll Out Rs 2.5 Lakh Crore Credit Guarantee Scheme Amid West Asia Crisis

Govt is likely to roll out a Rs 2.5-lakh-cr credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis The central government is likely to roll out a Rs 2.5-lakh-crore credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis, Moneycontrol.com reported, citing two government officials. The proposed scheme will expand the existing Emergency Credit Line Guarantee Scheme (ECLGS) framework, which was introduced in 2020 to a ...Read More >

Social News XYZ - Politics - News Image
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PoliticsApr 07, 2026 06:06 PM

Congress confident of decisive UDF victory in Kerala amid strong anti-incumbency: Shashi Tharoor (IA...

Thiruvananthapuram, April 7 (SocialNews.XYZ) Senior Congress leader Shashi Tharoor expressed strong confidence in the United Democratic Front's (UDF) prospects in the Kerala elections, projecting a clear victory for the alliance while downplaying the Bharatiya Janata Party's (BJP) impact in the state. In an extensive interaction with IANS, he also shared his views on Prime Minister Narendra Modi's campaign, governance issues, key national policy debates, and India's diplomatic approach to globa ...Read More >

Reuters - Business - News Image
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BusinessApr 07, 2026 05:13 PM

India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources say

NEW DELHI, April 7 (Reuters) - India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and airports, which the government se ...Read More >

The Hindu - Business - News Image
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BusinessApr 07, 2026 02:06 PM

Sensodyne India Rolls out 'Know Your Dental Age' Campaign - An Oral Health Awareness Initiative Supp...

New Delhi, Delhi, India - Business Wire India Sensodyne, Haleon's leading oral care brand, is strengthening its commitment to better oral health in India with the launch of its 'Know Your Dental Age' initiative, placing the concept of Dental Age at the forefront of proactive care. India continues to face a significant oral health gap, with 9 in 10 people experiencing dental issues and most seeking treatment only when symptoms become severe. To drive early awareness and encourage preventive habi ...Read More >

mint - Business - News Image
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BusinessApr 07, 2026 11:41 AM

Govt plans ₹2.5 lakh cr credit guarantee scheme for businesses affected by West Asia crisis | Mint

New Delhi, Apr 7 (PTI) The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 11:40 AM

Govt plans Rs 2.5 lakh cr credit guarantee scheme for businesses affected by West Asia crisis

New Delhi, Apr 7 (PTI) The government is considering a Rs 2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to Rs 100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidi ...Read More >

Abtak.com - Business - News Image
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BusinessApr 07, 2026 10:33 AM

Gas supply under constant watch, stocks adequate: official

Civil Supplies Director Nupur Ajay Kumar on Monday said the government is continuously monitoring the supply systems for gas, petrol and diesel to maintain sufficient stocks in the State. Addressing the media, Ms. Nupur Ajay Kumar said that although global conflicts have had some impact, necessary measures are in place to ensure an uninterrupted supply of Liquefied Petroleum Gas (LPG). She warned of strict action against any irregularities in the supply chain. The State's refineries currently ...Read More >

The New Indian Express - Business - News Image
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BusinessApr 07, 2026 10:29 AM

No shortage of LPG, petrol in Andhra: Civil supplies Director

VIJAYAWADA: Civil Supplies Director S Nupur Ajay Kumar on Monday stated that there is no shortage of LPG, petrol, diesel, or fertilizers in the state and urged the public not to panic. Addressing a joint press conference at the State Civil Supplies Corporation office in Kanuru along with PIB Director G Suresh Kumar, she said the government has taken all necessary steps to ensure uninterrupted supply of essential commodities. She stated that despite global uncertainties, adequate stocks are bei ...Read More >

The Times of India - Business - News Image
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BusinessApr 07, 2026 09:54 AM

Prudent fiscal management has created room for RBI to cut rates: Finance minister

NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the government's prudent fiscal management over the last decade has created room for the RBI to cut rates and allow the Centre to offer targeted support to affected sectors."It is also important to note that a good public finance policy improves the counter-cyclical capacity of fiscal policy - especially the ability to 'lean against the wind' in economic downturn. Today, many countries with high debt and large deficits have no room to ...Read More >

News24 - Politics - News Image
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PoliticsApr 07, 2026 09:39 AM

Farmer Registry will become the basis for delivering benefits of government schemes to farmers: CM Y...

Lucknow: Chief Minister Yogi Adityanath said, "The Farmer Registry is extremely important for ensuring that farmers in the state receive the benefits of various government schemes in an easy, transparent, and timely manner." He directed that the Farmer Registry be linked with all agriculture and departmental schemes so that registered farmers can receive priority benefits in wheat procurement, as well as in the purchase of pulses and oilseeds, and access to seeds, fertilizers, crop protection c ...Read More >

Abtak.com - Politics - News Image
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PoliticsApr 07, 2026 08:34 AM

CM pushes to link farmer registry with govt schemes

Yogi Adityanath on Monday stressed on farmer registry for ensuring that farmers in the state receive the benefits of various govt schemes in an easy, transparent and timely manner.He directed that the farmer registry be linked with all agriculture and departmental schemes so that registered farmers can receive priority benefits in wheat procurement, as well as in the purchase of pulses and oilseeds, and access to seeds, fertilisers, crop protection chemicals, agricultural equipment and other sch ...Read More >

The New Indian Express - Business - News Image
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BusinessApr 07, 2026 07:36 AM

Farmer ID now must to purchase urea

SHIVAMOGGA: Farmers will now need a farmer ID (FID) to buy urea fertiliser, Joint Director of Agriculture Kiran Kumar stated in a press release on Monday. The new rule takes effect from the 2026-27 kharif season. Kumar said that the measure is aimed at bringing transparency to fertiliser distribution and curbing black market sales. Under the system, fertiliser will be distributed through the K-Kisan software based on each farmer's landholding size and crop, ensuring that only the required quant ...Read More >

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BusinessApr 07, 2026 06:26 AM

India issues tender for 2.5 mln metric tons of urea amid Mideast supply disruptions

NEW DELHI, April 7 (Xinhua) -- Amid supply disruptions in the wake of the situation in the Middle East, India has floated a global tender seeking to import 2.5 million metric tons of urea, officials said Monday. The state-run Indian Potash Limited has already issued a tender in this regard, with bids due by April 15. India relies on global markets to meet its demand for urea. The demand for the key crop nutrient is expected to increase as the monsoon sets in and the summer-sowing season begins ...Read More >

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BusinessApr 07, 2026 05:24 AM

India has enough fiscal space to push capex, support sectors impacted by West Asia crisis: FM

New Delhi, April 6: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said, it improves the counter-cyclical capacity , especially the ability to 'lean against the wind' ...Read More >

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