Amul welcomes Budget 2026-27; sees boost for cooperatives, dairy, rural economy
Dairy major Amul welcomed the Union Budget 2026-27, saying it will provide transformational support to the cooperative movement, the dairy sector and the rural economy. “The Union Budget 2026-27 presented by finance minister Nirmala Sitharaman has announced several landmark initiatives aimed at strengthening India’s cooperative ecosystem, dairy sector, animal husbandry infrastructure and rural livelihoods, reinforcing […]
Nestle India net profit jumps 45 pc to Rs 998 cr in Dec qtr
FMCG major Nestle India reported a 45.12 per cent rise in consolidated net profit to Rs 998.42 crore for the third quarter ended December 2025, on the back of a nearly five-year high volume growth, driving its highest-ever quarterly revenue. The company had posted a consolidated net profit of Rs 688.01 crore in the corresponding […]
Govt announces duty benefits on inputs used for seafood, leather exports
The government proposed an increase in the duty-free import limit for specified inputs used in the export of processed seafood products and leather or synthetic footwear. For the processing seafood products segment, the limit will be increased from the current one per cent to three per cent of the FOB (free on board) value of […]
Heritage Foods welcomes Budget focus on dairy, livestock sector
Heritage Foods Ltd Executive Director Brahmani Nara welcomed the Union Budget 2026, describing it as a watershed moment for India’s dairy and livestock sectors. Heritage Foods Ltd is promoted by Andhra Pradesh Chief Minister N Chandrababu Naidu’s family members. Nara said the budget reflects several strategic priorities highlighted in the company’s pre-budget expectations and goes […]
Food, fertiliser and fuel subsidy pegged lower by 4.47 pc in FY27 Budget
The government’s annual subsidy expense on food, fertiliser and fuel is pegged 4.47 per cent lower at Rs 4,10,495 crore during the 2026-27 fiscal. According to the Union Budget 2026-27, the revised subsidy for food, fertiliser and fuel for the current 2025-26 fiscal year is estimated at Rs 4,29,735 crore. Food subsidy is estimated at […]
