Pesticides

Budget should allocate funds on R&D to develop pesticides, organic manure

The Union budget to be presented by Finance Minister Nirmala Sitharaman on February 1 should look forward to allocating funds on research and development (R&D), said a top official of Insecticides India Limited.

Paris court dismisses Caribbean pesticide use case against French govt

Nearly 20 years after Caribbean islanders sued to hold the French government criminally responsible for the banana industry's extended use of a banned pesticide in Martinique and Guadeloupe, a panel of judges has dismissed their case, ruling that it's too hard to determine who's to blame for acts committed so long ago. The judges in Paris described the use of chlordecone from 1973-1993 as a scandalous environmental attack whose human, economic and social consequences affect and will affect for many years the daily life of the inhabitants of the two French Caribbean islands. But they also asserted that even in the 1990s, scientists had not established links between chlordecone and illnesses in people. How dare they write such a historical and scientific untruth, Christophe Lguevaques, an attorney involved in the case, said in a statement issued on Thursday. Chlordecone, also known as kepone, was patented in the 1950s by scientists working for Allied Chemical, a US company based in N

Pesticide sale via e-com sites welcome but may see more fakes, fear players

A section of players is wary of the proliferation of counterfeit products unless more checks and balances are put in place

Bees and drones give wings to farmers

Areas where drones are making their presence felt include seed propagation, pesticide spraying, yield prediction, land records, insurance assessment, and crop monitoring

Astec Lifesciences hits record high in a weak mkt; stock up 24% in 3 days

The stock of pesticides & agrochemicals company surpassed its previous high of Rs 2,178.85, which it had touched on July 20, 2022

Online system for product certificates not working well: Pesticide industry

Industry players, however, alleged that the portals-- computerized registration of pesticides (CROP) and plant quarantine information systems (PQIS) are not functioning smoothly

India Pesticides shares jump 16% to close at Rs 343.2 on listing day

It touched a high of Rs 368 and a low of Rs 340 with nearly Rs 980 crore worth of shares changing hands.

India Pesticides initial public offering subscribed 29 times on last day

The initial public offer of India Pesticides Limited was subscribed 29 times on the closing day of the subscription on Friday. The Rs 800-crore IPO received bids for 56,07,11,650 shares against 1,93,10,345 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) category was subscribed 42.95 times, non-institutional investors 51.88 times, and those for Retail Individual Investors(RIIs) 11.30 times. The initial public offer (IPO) comprised a fresh issue of Rs 100 crore and an offer for sale of Rs 700 crore. The offer was in a price range of Rs 290-296 per share. On Tuesday, India Pesticides raised Rs 240 crore from anchor investors. Proceeds from the fresh issue would be used towards funding the working capital requirements and general corporate purposes. India Pesticides is an R&D-focused agrochemical technical company, which has growing formulations business in herbicides, insecticides, and fungicide segments. It also manufactures active pharmaceutical ...

Should you subscribe to India Pesticides IPO? Here's what analysts say

India Pesticides IPO: Analysts have largely assigned 'Subscribe' rating to the issue on the back of positive growth prospects, strong financials and reasonable valuations

Govt to consider bringing down GST on pesticides to 5% from 18%

This is part of efforts to bring parity in taxation on agro-inputs

Industry highlights flaws in Pesticides Management bill, seek more scrutiny

CCFI has claimed that the Pesticides Management Bill 2020 has over a dozen drawbacks and the proposed legislation should be sent to a select committee of Parliament.

IPFT along with NRCSS develop new bio-pesticide to control insects

IPFT in collaboration with ICAR-National Research Center on Seed Spices (NRCSS) hasdeveloped a new bio-pesticide formulation that helps in controlling various insects in seed spice crops

Pesticides Management Bill needs more consultations, say farm experts

The bill, which was introduced in the Rajya Sabha in March this year, seeks to protect the interest of farmers and ensure they get safe and effective pesticides

Haryana govt hires drones for spraying pesticide on locust swarms

The Haryana government is prepared to deal with locust attacks and has hired drones for spraying pesticide if needed, state agriculture minister J P Dalal said

Swarms of locusts reach Gurugram, likely to spare Delhi for now

The crop-destroying swarms first attacked Rajasthan and then spread to Punjab, Gujarat, Maharashtra and Madhya Pradesh

Pesticides makers threatens to move to court over ban on 27 products

They claim the govt acted at the behest of foreign NGOs in imposing the ban

PMFAI opposes govt idea to ban 27 pesticides fearing biz loss of Rs 6K cr

The total market size of Indian pesticides industry is around Rs 40,000 crore, of which around Rs 18,000 crore is domestic sales

Govt fixes minimum percentage of local content in 55 chemical, pesticides

According to the new norm, the minimum local content has been fixed at 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent during 2023-25, an official statement said

Illogical ban

Govt should review its proposal on agro-chem products

Another looming threat

Govt should prepare to protect farms from locust invasion