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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 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 CropLife asks farmers to tap zaid season window after rabi loss and below normal monsoon ahead 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
NUE fertilizers set to safeguard food security amid global NPK shortages from ongoing wars
By Komal Shah Bhukhanwala · 2026-05-23 · via Economy News, Latest Economic News Today | The HinduBusinessLine

As geopolitical tensions escalate fertilizer supply disruptions worldwide, innovative high Nutrient Use Efficiency (NUE) fertilizers have emerged as a game-changer for ensuring food security. These advanced solutions enable farmers to maintain balanced crop nutrition while slashing the use of bulk NPK and water-soluble fertilizers by 25 per cent to 50 per cent, conserving precious resources and mitigating shortages driven by the ongoing Middle East war and other conflicts.

Traditional NPK fertilizers, critical for nitrogen (N), phosphorus (P), and potassium (K) supply, face acute global shortages. Production halts, export bans, shortages of basic raw materials such as ammonia and sulphur, and skyrocketing prices threaten yields for staple crops like wheat, rice, and maize, risking food inflation and hunger for billions. High NUE fertilizers counter this crisis by delivering nutrients more efficiently to plants, minimizing losses from leaching, volatilization, or runoff—common issues with conventional products that waste up to 50-70 per cent of applied fertilizers.

Industry experts believe that the transition toward high-efficiency nutrient technologies could redefine the future of Indian agriculture by creating a more resilient and self-sustaining farming ecosystem. As climate variability, supply chain instability, and input cost inflation continue to challenge conventional agricultural models, innovative NUE solutions offer farmers a reliable alternative that combines productivity with sustainability. The ability to maximize nutrient uptake while minimizing wastage is becoming increasingly critical for safeguarding long-term agricultural output.

Growing adoption

The growing adoption of advanced fertilizer technologies also supports the government’s broader objectives of reducing subsidy burdens and promoting environmentally responsible farming practices. By requiring lower application volumes and improving nutrient delivery efficiency, these solutions can significantly reduce excessive fertilizer usage that often leads to soil degradation and water contamination. As per the Ministry of Jal Shakti, more than 50 per cent of the districts in the country have exceeded permissible limits of groundwater nitrate, which is a huge public health risk. India is also the second-largest emitter of nitrous oxide, a greenhouse gas largely emitted from the use of nitrogen-based fertilizers, and it stays in the environment for 120 years with 300 times the global warming potential of carbon dioxide. Thus, a shift towards alternative high NUE formulations not only supports healthier ecosystems but also contributes to building a more balanced and regenerative agricultural economy for future generations.

Increased collaboration and communication with states and KVKs, faster regulatory approvals targeting sustainability and self-reliance, farmer education initiatives and extension work, and continued investment in research and innovation will play a vital role in scaling these technologies nationwide. As India aims to strengthen food security while maintaining its position as a major agricultural producer, advanced nutrient management solutions are poised to become a cornerstone of the country’s next phase of agricultural transformation.

Ensuring better availability

Doing more with less is now a reality through our SRT and ORT platforms, including water-dispersible granules and water-disintegrable granules. These technologies use less energy to produce more, give higher yields, deliver higher returns to farmers, improve soil health, enhance biofortification and quality of food, manage food inflation, and prevent shortages—empowering farmers to not just survive but thrive amid global disruptions. Minimising bulk fertilizers while utilising the SRT and ORT solutions will not only produce more food and protect our waterways long term, but also ensure bulk fertilizer availability in the following rabi season amid the ongoing West Asia conflict.”

To ensure that India continues to produce enough food not just for itself, but also for exports and increasing total agricultural GDP, adoption of balanced nutrition through high NUE fertilizers is not just an option, but essential amidst this crisis. Not only will these solutions enhance farm productivity, farmer income, and food and nutrition security, but they are also available in India and will allow for reduced dependence on imports. The solutions are not dependent on imported ammonia, phosphorus, and potash. Atmanirbharta lies at the core of the SRT and ORT platform.

The key benefits include enhanced yields from 10 per cent to 40 per cent, while reducing the use of traditional bulk or water-soluble fertilizers by 25-50 per cent, reduced subsidy spends, improved soil microbial health, improvement in groundwater health and quality, improved long-term public health, protection of waterways from eutrophication, and reduced greenhouse gas emissions. These benefits help preserve NPK stockpiles for sustainable agriculture, prevent food crises, and ensure long-term food and nutrition security.

The author is Executive Director, SML Limited and SUMIL

Published on May 23, 2026