Economy

According to the Department of Fertilizers, the present stock level is significantly higher than the usual buffer of around 33 percent, indicating improved advance planning, stocking and logistics management. The government has also assured farmers that there is no change in the Maximum Retail Price of major fertilizers, providing relief at a time when input costs and seasonal farm preparations remain crucial for the agricultural economy.

The export consignment was undertaken by Assam-based APEDA-registered exporter Salt Range Foods Private Limited. Officials said the honey was processed and packed at the company’s facility in Guwahati before being dispatched for the US market. The initiative is being viewed as a significant breakthrough for Assam’s beekeeping sector and the government’s broader efforts to integrate local agricultural products into global value chains.

The industry body’s assessment was based on an analysis of nearly 1,200 companies from the CMIE Prowess database. The data showed that manufacturing led the private capex recovery, accounting for around ₹3.8 lakh crore, nearly half of total private investment. Metals, automobiles and chemicals were among the major sectors driving the manufacturing-led expansion.

On the nominal side, SBI expects India’s nominal GDP growth to be around 12.2 percent in Q4 FY26. For FY27, nominal GDP growth is estimated at about 11 percent, based on an assumed deflator of nearly 4.5 percent. These numbers suggest that India’s growth story is not only being driven by real activity but also by relatively firm nominal expansion.