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EDIBLE OIL DUTY CUT
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...- Centre cuts customs duty on crude and refined oilsThe Central government has announced a reduction in the basic customs duty on edible oils. Crude soybean oil and crude palm oil duties have...
- 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...
- 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...
- Textile stocks rally up to 10%: Raymond, Gokaldas Exports, other stocks rebound after Trump tariff-triggered selloffTextile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President Donald Trump signed a Russia sanct...
- India studying details of US tariffs on Russian oil buyers: Piyush GoyalIndia is examining details of potential US tariffs on Russian oil buyers, Piyush Goyal says. Washington is increasing pressure on nations s...
- 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...
- 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...
- 100% US tariff law raises uncertainty, may disrupt India's exports if imposed: ExportersA new United States law could impose steep tariffs on Indian goods. This legislation creates significant uncertainty for bilateral trade re...
- US tariffs on India: A timeline of duties, deals and reversalsIndia and United States trade saw tariff changes since April 2025. Tariffs were imposed and later rescinded due to geopolitical events. A t...
- Trump signs Russia-Iran sanctions law, opens door to 100% tariffs on IndiaUS President Donald Trump has signed the Sanctioning Russia and Iran Act of 2026, allowing tariffs of up to 100% on countries including Ind...
- Replacing Russian crude near impossible for Indian refiners as US sanctions bill threatens 100% tariff, say executivesIndian refiners face challenges replacing Russian crude imports due to new US legislation. Many key suppliers are already cut off, complica...
- Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing rising crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US rest...
- India-US tariff saga under Trump: A look at key turning pointsNew U.S. tariffs and sanctions legislation create a new flashpoint for India-U.S. relations. Washington imposed tariffs on Indian goods, ci...
- Reliance Industries shares gain as govt slashes windfall tax on fuel exports; stock down 21% in 2026 so farReliance Industries shares saw a gain following the government's reduction in windfall taxes on fuel exports. The duty on diesel and petrol...
- Centre eases export compliance for shipments up to Rs 3 lakh, seeks 5-year RoDTEP extensionExporters will not need a registration certificate for shipments valued up to three lakh rupees. This change reduces compliance burdens for...
- India slashes windfall tax on petrol, diesel, ATF exportsThe government has reduced windfall taxes on petroleum exports. Levies on petrol, diesel, and aviation turbine fuel have been lowered. This...
- 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 ...
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