India’s urea tender gets lowest offer at 5/tonne for West Coast delivery

India’s urea tender gets lowest offer at $425/tonne for West Coast delivery


According to the Fertiliser Association of India (FAI), urea imports surged 120 per cent to 7.17 mt during April–November of 2025-26 fiscal, mainly due to meet increased demand and decline in production

National Fertilizers (NFL) got the lowest offers for urea supply at $426.80 per tonne for delivery on east coast ports and $424.80 for delivery on west coast ports in its latest tender. The company plans to import 1.5 million tonnes (mt), on behalf of the government.

NFL floated the global bid on December 17 to import 1.5 mt of urea and the last date of submission of bids was January 2. The financial bids were opened on January 5.

According to the results, Koch Fertilizer LLC (Bid Id -952818) was the lowest bidder, quoting $424.80 per tonne for delivery at Pipavav, Deendayal (Ex-Kandla) and Mundra ports in Gujarat. It quoted $426.80 per tonne for delivery at Kakinada and Vizag ports in Andhra Pradesh.

Other bidders

Surprisingly, the highest bid was by Suvarnabhoomi Enterprises at $523 per tonne for delivery at Krishnapatnam, Gangavaram, Vizag and Kakinada in Andhra Pradesh and at $510 per tonne for delivery at Mundra, Deendayal, Adani Hazira, Dahej (all in Gujarat) and Jaigarh (Maharashtra) ports.

The other participants in the NFL’s urea import bid include Aditya Birla Global Trading, Agri Commodities & Finance FZ, Agrifields DMCC, Ameropa Asia, Aramco Trading Fujairah FZE, Chasemax International DMCC, Continental Traders, Dreymoor Fertilizers Overseas, Fertiglobe Fertilizer Trading Company (Dubai), Fertistream DMCC, Hexagon Fertilizers Asia, Indagro SA, India Coke And Power, Indorama Eleme Fertilizer & Chemicals FZE, Keytrade AG, Midgulf International, Macrosource LLC, Samsung C&T Corporation and Sun International FZE.

The previous bid on the government account was conducted by Indian Potash (IPL). In that tender, the imported urea was offered at $418.40/tonne, trade sources said. Though IPL had floated bids for 2 mt, the government finalised the deals for 1.5 mt only, based on the response.

Imports surge

Urea has been on the news for quite sometime due to farmers’ complaints about shortages and black marketting. Since the government has been supplying urea to farmers at a highly subsidised rate of Rs 267 for a 45-kg bag (equals about Rs 5,933/tonne) against current lowest rate of imported urea at Rs 38,232/tonne.

According to the Fertiliser Association of India (FAI), urea imports surged 120 per cent to 7.17 mt during April–November of 2025-26 fiscal, mainly due to meet increased demand and decline in production. It has said that urea sales reached 25.40 mt, which is 2.3 per cent up from the year-ago period whereas domestic production dropped 3.7 per cent to 19.75 mt.

“First, the structural shift toward import-driven supply management for nitrogen and phosphate nutrients and secondly, the strong performance of indigenous phosphatic fertilisers like SSP, have helped sales grow 15 per cent,” said Suresh Kumar Chaudhari, Director-General, FAI, while pointing out the two major points of the data.

“This signals a balanced approach—we are securing critical nutrients through planned imports while strengthening domestic phosphatic production. Going forward, FAI will focus on data-driven planning and diversification in nutrient use to support sustainable agriculture,” he said.

Published on January 6, 2026



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Venezuela Crisis और Petrol-Diesel: India को कितना फ़ायदा? | Paisa Live

Venezuela Crisis और Petrol-Diesel: India को कितना फ़ायदा? | Paisa Live


यह global geopolitics का सीधा असर Commodity Market पर दीख रहा है. Venezuela में America के दाखिल होने के बाद Gold, Silver और Copper जैसे Commodities में strong rally देखी जा रही है. लेकिन सबसे बड़ा फ़ायदा India को Crude Oil के front पर मिल सकता है. SBI Research Report के मुताबिक June 2026 तक Crude Oil के rates $50 per barrel तक आ सकते है, जबकि अभी prices $60 के आस-पास है, मतलब लगभग 20% की गिरावट. इससे Inflation control में रहेगी, CPI 3.4% से नीचे जा सकती है और GDP पर भी positive impact पड़ेगा. Oil सस्ता होने से Import Bill कम होगा, Foreign Reserve बढ़ेगा. सवाल बस यह है कि – क्या इसका फ़ायदा आप आदमी तक पहुंचेगा?



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RIL shares plunge 4.4% as it closes Russian oil tap for now

RIL shares plunge 4.4% as it closes Russian oil tap for now


Reliance had consumed on an average around 583,000 barrels per day of Russian crude oil in 2025
| Photo Credit:
YORUK ISIK

India’s crude oil imports from Russia are expected to decline in January 2026 as Reliance Industries (RIL) informed on Tuesday that it has not procured any cargoes from Moscow in the current month, a development that eroded ₹95,000 crore from its market cap at the end of today’s stock market trading.

“Reliance Industries’ Jamnagar refinery has not received any cargo of Russian oil at its refinery in the past three weeks approx. and is not expecting any Russian crude oil deliveries in January,” said the oil-to-chemicals conglomerate, which consumed on an average around 583,000 barrels per day of Russian crude oil in 2025.

By the end of Tuesday, RIL shares closed at ₹1,507.70 a share, a decline of 4.42 per cent from its previous close. During intra-day, its scrip fell by 5 per cent to hit a low of ₹1,497.05 on the BSE. The stock had hit an all-time high of ₹1,611.20 on Monday. Tuesday’s decline is the biggest fall since June 4, 2024.

India’s largest private sector refiner is a major consumer of Russian crude oil, which it processes into diesel, petrol and jet fuel and exports to markets in the European Union and the US.

In November 2025, RIL said that it stopped importing Russian crude oil into its SEZ refinery with effect from November 20. From December 1, all product exports from the SEZ refinery will be obtained from non-Russian crude oil. Besides, all pre-committed lightings of Russian oil are being honoured, with the final cargo loaded on November 12.

In October last year as well, RIL had said that it was assessing the impact of sanctions imposed by the US, European Union and the UK on crude oil imports from Russia and export of refined products to Europe. It also assured to comply with EU guidelines as well as any guidance from India.

In the meantime, Washington has been consistently increasing pressure on India to stop imports of Russian crude oil.

On Monday, US President Donald Trump said that India is buying less oil from Russia because Prime Minister Narendra Modi is a “good guy” and wants to make him happy. But he warned that Washington can raise tariffs on India “very quickly” if all purchases are not stopped.

Published on January 6, 2026



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RIL shares plunge 4.4% as it closes Russian oil tap for now

RIL stock slides 4.4% after disclosure of no Russian oil cargoes;


Reliance had consumed on an average around 583,000 barrels per day of Russian crude oil in 2025
| Photo Credit:
YORUK ISIK

India’s crude oil imports from Russia are expected to decline in January 2026 as Reliance Industries (RIL) informed on Tuesday that it has not procured any cargoes from Moscow in the current month, a development that eroded ₹95,000 crore from its market cap at the end of today’s stock market trading.

“Reliance Industries’ Jamnagar refinery has not received any cargo of Russian oil at its refinery in the past three weeks approx. and is not expecting any Russian crude oil deliveries in January,” said the oil-to-chemicals conglomerate, which consumed on an average around 583,000 barrels per day of Russian crude oil in 2025.

By the end of Tuesday, RIL shares closed at ₹1,507.70 a share, a decline of 4.42 per cent from its previous close. During intra-day, its scrip fell by 5 per cent to hit a low of ₹1,497.05 on the BSE. The stock had hit an all-time high of ₹1,611.20 on Monday. Tuesday’s decline is the biggest fall since June 4, 2024.

India’s largest private sector refiner is a major consumer of Russian crude oil, which it processes into diesel, petrol and jet fuel and exports to markets in the European Union and the US.

In November 2025, RIL said that it stopped importing Russian crude oil into its SEZ refinery with effect from November 20. From December 1, all product exports from the SEZ refinery will be obtained from non-Russian crude oil. Besides, all pre-committed lightings of Russian oil are being honoured, with the final cargo loaded on November 12.

In October last year as well, RIL had said that it was assessing the impact of sanctions imposed by the US, European Union and the UK on crude oil imports from Russia and export of refined products to Europe. It also assured to comply with EU guidelines as well as any guidance from India.

In the meantime, Washington has been consistently increasing pressure on India to stop imports of Russian crude oil.

On Monday, US President Donald Trump said that India is buying less oil from Russia because Prime Minister Narendra Modi is a “good guy” and wants to make him happy. But he warned that Washington can raise tariffs on India “very quickly” if all purchases are not stopped.

Published on January 6, 2026



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IPO Alert: Bharat Coking Coal IPO में Invest करने से पहले जानें GMP, Price Band| Paisa Live

IPO Alert: Bharat Coking Coal IPO में Invest करने से पहले जानें GMP, Price Band| Paisa Live



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<p data-start="0" data-end="683" data-is-last-node="" data-is-only-node="">Bharat Coking Coal IPO निवेशकों के बीच चर्चा में है। ₹1,071 करोड़ के इस IPO में 46.57 करोड़ शेयर पूरी तरह Offer For Sale के तहत लाए जा रहे हैं। IPO 9 January 2026 को खुलेगा और 13 January को बंद होगा। Allotment 14 January को और BSE व NSE पर listing 16 January 2026 को संभावित है। Price band ₹21&ndash;₹23 प्रति शेयर रखा गया है। एक lot में 600 शेयर होंगे, यानी retail investors के लिए minimum investment ₹13,800 से ₹13,800&ndash;₹13,800+ के बीच होगा। इस IPO में कंपनी का business model, growth potential, valuation, investment strategy और possible listing gains पर चर्चा की जाएगी। 2026 के बड़े IPOs में रुचि रखने वाले निवेशकों के लिए यह अहम IPO है, इसलिए निवेश से पहले पूरी जानकारी समझना जरूरी है।</p>
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Zepto rolls out in-app UPI as delivery platforms bring payments in-house

Zepto rolls out in-app UPI as delivery platforms bring payments in-house


The rollout underscores how payments — once a largely invisible backend function — are emerging as a strategic layer for India’s largest delivery platforms

Quick commerce firm Zepto rolled out an in-app Unified Payments Interface (UPI) feature allowing users to complete transactions within its app without being redirected to third-party payment platforms such as Google Pay or PhonePe.

The move comes as large consumer internet platforms increasingly seek to bring payments in-house to streamline checkout flows, reduce transaction failures and lower dependence on external UPI apps. Zepto has not made a formal public announcement on the launch or on the structure or partnerships underpinning the offering at the time of publishing.

Broader shift

Zepto’s in-app UPI rollout places it alongside rivals Swiggy and Zomato, both of which have introduced proprietary UPI solutions over the past year, signalling a broader shift in how food delivery and quick commerce platforms are approaching payments.

Swiggy recently launched Swiggy UPI using the National Payments Corporation of India’s (NPCI) UPI plug-in framework, which enables users to complete transactions entirely within the Swiggy app after a one-time setup. The company has said the integration helps reduce checkout times and payment failures by eliminating the need to switch between apps during transactions.

Bank-led

Zomato, meanwhile, has taken a more bank-led approach, rolling out its UPI service in partnership with ICICI Bank. The offering allows users to create a Zomato-linked UPI ID and make real-time payments directly within the app, effectively positioning Zomato closer to issuing a full UPI handle via a banking partner.

For Zepto, which has been aggressively scaling its dark store network and order volumes, tightening the payments layer fits into its broader focus on speed, reliability and conversion efficiency. Reducing friction at checkout is particularly critical in quick commerce, where ordering decisions are highly time-sensitive.

The rollout underscores how payments — once a largely invisible backend function — are emerging as a strategic layer for India’s largest delivery platforms, as competition intensifies across food delivery and quick commerce and margins remain under pressure.

Published on January 6, 2026



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