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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe US Ambassador meets Oil Minister Puri over expanding energy purchases Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; ready for summer demand Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India’s textile and garments exports to the US declined 28.7% in February 2026 Why India’s ₹5 pack won’t disappear, but getting smaller West Asia conflict: LPG usage at 21-month low in March E-way bill generation surged all time high of over 14 crore in March Cotton prices firm up tracking global prices Corn prices poised to fall on Iran-US ceasefire pact Air India at critical stage of transformation: Tata Sons Chairman FYL91 commences new flights to Hyderabad, Rajahmundry and Vijayawada Telangana’s GST revenue up 15% in last 3 months ASMS launches agri-commerce network AYOU in Hyderabad Ladakh turns to apricot blossoms to stretch short tourism season Govt proposes overhaul of company incorporation rules to cut paperwork, enable risk-based checks HAL delivers 4 helicopters to Coast Guard Charter services operators urge review of ATF pricing Structural gaps affect growth of India’s high-value horticulture sector: Report Rubio set to visit India in May to discuss trade, tariffs, defence, Quad DGFT rolls out procedure for allocation of calcined coke Qatar vows to remain reliable energy supplier to India amid West Asia tensions Gadkari bats for 100% land acquisition before approving NH projects India must rethink West Asia energy reliance after biggest shock in decades, says ONGC chief Sumeet SSG partners Pinnacle Industries to strengthen Maharashtra’s EMS fleet Consumer durables growth muted as demand slows, margins shrink: HDFC Securities March 2026 was the fourth-warmest month on record, says European weather agency India relaxes rice exports norms to some European countries Unseasonal rains damage rabi crops on 2.49 lakh ha, wheat most affected: Agri Minister ADB projects 6.9% growth rate for current fiscal, 70 bps lower than FY26 India-UK FTA likely by May 1; EU trade deal expected by year-end Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardest India in talks with 20 more countries to open market access: Piyush Goyal ADB ups India's FY27 growth projections to 6.9% Iran control of Strait of Hormuz in focus as tanker turns back, Trump raises concerns India mulls creating 30-day LPG strategic reserve Fire at Mumbai airport terminal delays flights Lesson from West Asia conflict is to factor-in adverse scenarios while framing policies: Oil Secretary Maharashtra government expands agricultural oversight structure Surging Raw Material Costs Hit PVC and Packaging Industries Hard Unseasonal rain, hailstorms, may drag Indian wheat output by over 5% Milky Mist beats FY26 targets, IPO on track, says CEO Delegation to visit Washington as India, US look to revive trade deal talks Only 10% of Indian key reservoirs are filled over 80% IMF warns of deepening global food crisis as fertilizer prices surge Yara India to ramp up digital strategy to strengthen retailer connectivity War-induced risks cushioned by ample buffer for India: World Bank DGS issues direct pass-through of port concessions to exporters amid West Asia crisis Israel allows import of Indian okra seeds, wants virus-free declaration India now seen as ‘safe anchor’, offers stability, predictability and prospects: Shaktikanta Das Indian trade delegation to visit Washington this month Construction equipment sales fall 13 per cent in FY26 on project delays, weak execution: FADA El Niño threat puts brakes on FY27 auto growth as rural demand risks rise Indian govt hikes NBS fertilizer rates for kharif season by up to 21% to ₹41,533.81 crore
CropLife asks farmers to tap zaid season window after rabi loss and below normal monsoon ahead
2026-04-09 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Private forecaster Skymet has projected a below-normal monsoon for 2026 at around 94 per cent of the long-period average, with a 30 per cent probability of drought, while NOAA has indicated a 62 per cent chance of El Niño emerging in June–August

Private forecaster Skymet has projected a below-normal monsoon for 2026 at around 94 per cent of the long-period average, with a 30 per cent probability of drought, while NOAA has indicated a 62 per cent chance of El Niño emerging in June–August | Photo Credit: SHIV KUMAR PUSHPAKAR

CropLife India, an industry body of pesticides manufacturers, has issued an advisory for the on-going sowing of crops in zaid season urging farmers to prioritise timely sowing, science-based crop protection and responsible input sourcing amid unseasonal rains and hailstorms impacted rabi crops heavily in several States.

After the loss of some rabi crops, the cropping window in current zaid season (falls after rabi and before kharif season) is critical for farmers to raise their incomes this year, it said.

“Farmers who have suffered rabi losses cannot afford to miss the zaid window. Every week of delay in sowing compresses the growing period and directly reduces yields. Our advisory focuses on what farmers can act on right now — selecting heat-tolerant varieties, ensuring irrigation every five to seven days, using mulch to conserve moisture and regular scouting for pests such as red spider mites, aphids and fruit flies, whose cycles accelerate in summer heat.

“With residual moisture from unseasonal rain still present in some areas, vigilance against fungal diseases is equally important. Timely, need-based use of crop protection products, in line with label directions and Good Agricultural Practices, can make a significant difference in protecting yields during this short but vital season,” said Durgesh Chandra, Secretary General, CropLife India.

Successive western disturbances have damaged harvest-ready rabi crops across Rajasthan, Haryana, Uttar Pradesh, Madhya Pradesh and other States, CropLife said in a statement. It has also prompted Union Agriculture Minister Shivraj Singh Chouhan to direct officials to expedite coordinated crop loss assessments. In several regions, these disruptions has delayed field preparation for the zaid crops, it said.

Iran war impact

Besides, disruptions to global supply chains and key shipping routes due to the conflict in West Asia have raised input costs including crop protection across agricultural sectors. Though the decision to temporarily waive customs duty on key petrochemical inputs is a welcome step, the full benefit is expected to materialise only in subsequent production cycles.

Private forecaster Skymet has projected a below-normal monsoon for 2026 at around 94 per cent of the long-period average, with a 30 per cent probability of drought, while NOAA has indicated a 62 per cent chance of El Niño emerging in June–August, the industry body said.

A weaker monsoon outlook makes zaid season returns even more important as a financial buffer ahead of an uncertain kharif, it said.

“While the evolving geopolitical situation offers some near-term relief to supply chains, uncertainty remains and cost pressures have not fully eased. In such an environment, supply gaps and price volatility increase the risk of counterfeit or substandard crop protection products entering the market. This is a particular concern during the Zaid season, where even one failed spray application on a short-duration crop can result in total yield loss. Farmers must purchase only from licensed dealers, verify product authenticity and strictly follow label and leaflet directions,” Chandra said.

It recommends harvesting before monsoon arrival, use of drip irrigation for water efficiency during peak summer heat, organic or plastic mulch to conserve soil moisture and regular field monitoring with need-based application of crop protection products.

According to latest government data, the sowing in current zaid season has reached 58.29 lakh hectare (lh) as of April 3, as against 57.80 lh in the year-ago period. The paddy acreage has reached 30.12 lh against 32.59 lh, pulses at 8.79 lh from 7.02 lh, oilseeds 7.74 lh from 7.42 lh and maize 7.18 lh from 7.01 lh. The normal (last five years’ average) crop acreage in Zaid season is 75.37 lh whereas last year the area was higher at 83.92 lh.

Published on April 9, 2026