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EDIBLE OIL DEMAND DURING FESTIVE SEASON
Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...- Retail prices of cooking oils may fall after duty cut: Industry body IVPACooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...
- India ramps up LPG output as festival season beginsIndia’s state-owned refiners have raised domestic LPG production to around 44,000 tonnes a day as festive-season demand rises and renewed c...
- Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
- West Bengal plans own edible oil brand, starting with mustard oilWest Bengal is preparing to launch its own mustard oil brand as part of a self-sufficiency initiative. The state government aims to boost o...
- Auto sales growth likely to normalise after festive inventory build-up; West Asia inflation a risk: ReportIndia's automobile sales are expected to experience near-term support due to inventory build-up before the festive season. Demand remains s...
- Maharashtra FDA seizes adulterated food worth over Rs 1.36 cr, suspends 12 licences after statewide festive crackdownMaharashtra FDA seized and destroyed suspected adulterated, substandard and unhygienic food worth over Rs 1.36 crore during a four-day stat...
- Gold sales during Ganesh Chaturthi down 15% in volume amid price surgeThis year's Ganesh Chaturthi witnessed a 15% drop in gold sales volume compared to the previous year. Consumers opted for lighter gold piec...
- Auto sales: Strong festive demand may be hit by low dealer stocks, supply constraintsAs the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply co...
- India soyoil imports to rise to record high on price competitivenessIndia's soyoil imports are projected to reach a record high in the upcoming marketing year. Higher soyoil purchases will offset declining s...
- Logistics firms bulk up hiring, capacity to carry heavier festival loadsAs the festive season approaches, Indian logistics firms are bracing for a notable spike in shipment volumes. Companies like DTDC and Blue ...
- FMCG firms to hold prices despite rise in commodity costs; prioritise volume growthFMCG cos are likely to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. After modest 2-5...
- Festive season likely to create 2-2.5 lakh jobs in H2 2026: ReportMumbai anticipates creating 2 to 2.5 lakh seasonal and gig jobs by late 2026. Festive hiring is projected to increase by fifteen to twenty ...
- Checkout financing may get festive boost as electronics turn costlierProducts such as mobile phones, laptops and consumer durables have become costlier, partly due to an AI-driven rise in memory chip costs. W...
- Quick delivery platforms hike festive ad rates 35% as sales seen doublingThe increase comes at a time when advertisers increasingly use quick-commerce platforms to reach consumers closer to the point of purchase,...
- Indian exporters see strong festive season orders for textiles and food products to US and EuropeIndian exporters anticipate a stronger festive season with significant order increases. Textile orders from the US for holidays have jumped...
- India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
- Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
- India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
- India's soyoil imports hit record high in August and palm six-month peak, dealers sayIndian refiners sharply increased edible oil imports in August to build stocks ahead of the festive season. Palm oil imports rose 7% to 780...
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