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India's fertiliser units to form JV with UralChem

Financial Express Kolkata

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December 06, 2025

TO ENSURE Along-term supply of fertilisers and curb price volatility, Indian and Russian companies on Friday signed a memorandum of understanding (MoU) to form a joint venture (JV) for establishing a large urea manufacturing facility in Russia.

- SANDIP DAS

Rashtriya Chemicals and Fertilisers, National Fertilisers, and Indian Potash signed the MoU with UralChem, Russia’s largest producer of potash and ammonium nitrate, to set up a urea plant that is expected to ensure a steady supply of soil nutrients to India and reduce import costs.

The planned urea plant is expected to have an annual production capacity of 1.8 to 2 million tonne (MT). Technical parameters and financial viability of the JV are currently under discussion.

FLERE HISTORIER FRA Financial Express Kolkata

Financial Express Kolkata

IndiGo hires global expert to probe flight disruptions

AIRLINE APPOINTS CHIEF AVIATION ADVISORS LLC TO CARRY OUT REVIEW

time to read

1 mins

December 13, 2025

Financial Express Kolkata

Mexico duty to hit 75% of exports: GTRI

MEXICO'S DECISION TO hike tariffs on imports from India by upto 50% will impact 75% of the $5.75 billion worth shipments to the country, according to an analysis by Global Trade Research Initiative (GTRI).

time to read

1 min

December 13, 2025

Financial Express Kolkata

Intel tests chipmaking tools linked to China

INTEL, HAS TESTED chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by US sanctions, as per two sources with direct knowledge of the matter.

time to read

1 min

December 13, 2025

Financial Express Kolkata

Guaranteed rural job days to be hiked

IN ITS REPORT, tabled in March 2025, the parliamentary standing committee on rural development and panchayati raj had advocated increasing guaranteed workdays from 100 to 150 and raising wages to at least 400 per day.

time to read

1 min

December 13, 2025

Financial Express Kolkata

The future of Trump tariffs

IT REMAINS UNCERTAIN AS THE WORLD AWAITS THE PRONOUNCEMENT OF US SUPREME COURT

time to read

4 mins

December 13, 2025

Financial Express Kolkata

Sebi ends insider trading case against Pranav Adani

MARKETS REGULATOR SEBI on Friday cleared Pranav Adani, a director in several Adani Group companies and nephew of Adani Group chairman Gautam Adani, of allegations that he shared price-sensitive information and violated insider-trading rules.

time to read

1 min

December 13, 2025

Financial Express Kolkata

SBI reduces lending rates after RBI rate cut

STATE BANK OF India (SBI) on Friday revised its lending rates following the Reserve Bank of India’s latest 25-bps reduction in the repo rate.

time to read

1 min

December 13, 2025

Financial Express Kolkata

Gauging AI impact on growth, job losses

While offering a starting framework, two Niti Aayog reports overlook the potential of AI as a digital public infrastructure good

time to read

4 mins

December 13, 2025

Financial Express Kolkata

Food inflation in negative zone for sixth month

RETAIL FOOD INFLATION remained in the negative zone for the sixth consecutive month in November when it came in at (-) 3.91%, largely driven by base effect and subdued prices of vegetables, cereals, pulses, meat, eggs and spices.

time to read

1 min

December 13, 2025

Financial Express Kolkata

ICICI Pru AMC issue booked 72% on first day

THE INITIAL PUBLIC offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.

time to read

1 min

December 13, 2025

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