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India seeks discount in rare one-year urea import tender, say sources -Nidhi Verma

-ThePrint.in New Delhi: India has issued a global urea tender asking producers to quote a discount for the supply of 600,000 tonnes of urea, industry sources said and a document shows, as the nation seeks to cut import costs and secure cheaper supplies of the soil nutrient. India, where soil nutrients are sold at below market rates, annually imports urea through tenders by authorised companies such as India Potash Ltd, Rashtriya Chemicals...

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Number Theory: Four key questions that will matter for the economy in 2023 -Pavitra Kanagaraj and Abhishek Jha

-Hindustan Times As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? Here are four questions whose answers hold the key. Will the war in Europe end? Russia’s invasion of Ukraine in February 2022, the sweeping western sanctions against Moscow, and the supply chain...

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India set to sign deals to secure fertiliser imports India -Zia Haq

-Hindustan Times Indian fertiliser and chemical companies have also accelerated investments in several mineral rich North African nations so as to hedge against price spirals and volatility. New Delhi: India is on the verge of signing long-term deals with several countries to secure fertilizer imports, critical for food security amid increasing geopolitical uncertainties , a government official said, requesting anonymity. Union chemicals and fertilisers minister Mansukh Mandaviya is set to travel to Morocco...

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Oil slides after IMF says slowing global growth engines portend tougher 2023 -Florence Tan

-ThePrint.in IMF Managing Director Kristalina Georgieva said Sunday that US, Europe and China are all slowing down simultaneously, making 2023 tougher than 2022 for the global economy. Singapore: Oil prices slid on Tuesday from their highest levels in a month on a stronger dollar and after the head of the International Monetary Fund warned of a tougher 2023 as major economies experience weakening activity. Brent crude futures dropped 98 cents, or 1.1%, to...

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India's farm sector performance has improved over the years, shows latest FAO report

The World Food and Agriculture – Statistical Yearbook 2022, released in December 2022, provides its readers a plethora of useful statistics and data across the countries pertaining to agriculture and food security. The yearbook by Food and Agriculture Organization (FAO) primarily covers four themes -- Economic Dimensions of Agriculture; Production, Trade and Prices of Commodities; Food Security and Nutrition; and Sustainability and Environmental Aspects of Agriculture.  While going through the report,...

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