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As DAP sales dip, farmers turn to more beneficial NPKS

Business Standard

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December 04, 2024

MOP sales buck trend, rise 20% in kharif 2024

- SANJEEB MUKHERJEE

As DAP sales dip, farmers turn to more beneficial NPKS

The perceived shortage of Di-Ammonium Phosphate (DAP) just before the critical rabi sowing season might have had an unintended benefit.

Sales of the more beneficial NPKS complex fertilisers have spiked year-on-year (Y-o-Y) during the April-October period, as farmers replenished their soils. Sales of Muriate of Potash (MOP) also rebounded, bucking a declining trend seen over the past two financial years.

This could also suggest that the drop in DAP sales might not adversely impact rabi crop yields, according to officials from the Fertiliser Association of India (FAI).

Data by FAI showed that NPKS sales between April and October increased almost 23.5 per cent Y-o-Y, while DAP sales dropped 25.4 per cent during the same period. The most common grade of NPKS—20:20:0:13—recorded the highest growth in sales, industry players said.

Business Standard'den DAHA FAZLA HİKAYE

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PFRDA sets up panel to modernise NPS investment framework

The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level Committee of Investment Experts for Strategic Asset Allocation and Risk Governance (SAARG) to review, recommend and modernise the investment framework under the National Pension System (NPS).

time to read

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JSW Steel to invest over ₹2 trn by FY31

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time to read

3 mins

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R-Day boost: Ecom, qcom firms witness up to 25% uptick in sales

Ecommerce (ecom) and quick-commerce (qcom) platforms have recorded an up to 25 per cent year-on-year (Yo-Y) jump in sales until a day before Republic Day (R-Day) on Sunday.

time to read

2 mins

January 26, 2026

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Shedding China baggage, India's luggage brands unpack manufacturing at home

For decades, China has dominated the global luggage and bag manufacturing industry.

time to read

3 mins

January 26, 2026

Business Standard

Race against time

Following a government directive, quick-commerce platforms have removed the 10-minute delivery promise from their branding.

time to read

1 min

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Ashok Leyland bats for more scrappage boost

Commercial vehicle major Ashok Leyland is batting for more government incentives to boost fleet replacement in the country.

time to read

1 mins

January 26, 2026

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Value of CDs climbs to ₹5.75 trn, rates cross 7% for marquee banks

Banks are depending more heavily on the market for certificates of deposit (CDs), whose worth climbed to a record ₹5.75 trillion in the fortnight to January 15, owing to deposit tightness in the system.

time to read

2 mins

January 26, 2026

Business Standard

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Trump's Greenland dreams strain Maga ties with Europe's Far-Right

Tensions over US President Donald Trump's plans to take control of Greenland have driven a wedge in the once ironclad link between Make America Great Again (Maga) supporters and Europe's far-right.

time to read

2 mins

January 26, 2026

Business Standard

With EU FTA, textile firms hope to surpass B'desh in European exports

India’s textile and apparel industry, and knitwear hub Tiruppur, is buoyant about the likely trade deal with the European Union (EU), expected to be sealed this week.

time to read

2 mins

January 26, 2026

Business Standard

Gold, coconut oil and consumption: Inside Kerala’s inflation streak

With the state reporting the highest inflation rates in India, Himanshi Bhardwaj explains why this is happening and how it could impact the polls

time to read

3 mins

January 26, 2026

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