Rashtriya Chemicals & Fertilisers records 35 per cent hike in sale of ‘Suphala’ fertilisers

A PIB push statement reported that Rashtriya Chemicals & Fertilisers Ltd (RCF) has registered a hike of 35.47 per cent in the sale of fertilisers beneath the brand title ‘Suphala’ in April as in comparison to the equivalent period of time of 2019. This is irrespective of logistics and labour worries,

Suphala presents nitrogen, phosphorus, and potassium, which are crucial nutrients to the soil. It is is one particular of the effectively-regarded solutions of the PSU, which makes several vital industrial chemical substances and fertilisers.

The Chairman and Taking care of Director of RCF, S C Mudgerikar, in a tweet, reported that in the course of the ongoing pandemic, the company has ensured continual supply of fertilisers to the farmers with the assist of agriculture section of Maharashtra Govt. For the basic safety of farmers, fertilisers have been shipped to them at the boundary of their fields. Moreover, RCF’s Trombay

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Oil price slump: Centre may not hike excise duty for petro products

The Centre has ruled out an increase in excise responsibilities on petroleum, and believes that softening worldwide crude charges would dampen inflation, which would induce the Reserve Financial institution to slash coverage costs.

“We are not in favour of an excise duty hike as that would include to inflationary pressures for the conclusion-customers. Softening inflation thanks to oil charges would increase shoppers convenience,” a top rated government formal reported.


For 2019-20, the Centre experienced approximated regular crude price tag of $55

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