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SOYBEAN OIL DUTY REDUCTION
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...
- Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...
- Maharashtra drought deepens, crop output crisis mountsState agriculture minister Dattatray Bharane has confirmed a large contraction in the production of cotton and soybean, while the agricultu...
- New Zealand route won’t help third-country goods claim India FTA benefits: Here’s what changesUnder the India-New Zealand trade pact, goods from third countries will not be eligible for tariff concessions, with preferential treatment...
- 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...
- Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
- 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 Tariffs were imposed and later rescinded due to geopolitical events.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...
- View: As oil tops $100, India needs a wider, smarter fuel security strategyRising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel v...
- 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...
- Trump-Xi summit: Tariffs, trade imbalance and rare earths loom over US-China talksUS President Donald Trump will host Chinese President Xi Jinping next week at the White House. Tariffs, trade imbalances, and technology co...
- CBIC cuts paperwork in deferred customs duty scheme to boost MSME participation and ease cash flowThe CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced from ten documents down to just thre...
- 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...
- In 1931, Henry Ford began investing in soybean research; 10 years later, he unveiled a plastic-bodied car that never reached mass productionHenry Ford explored using soybeans for industrial materials, leading to an experimental plastic car. This lightweight vehicle featured 14 m...
- 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 ...
- US midterm elections 2026: Record diesel prices hit at worst time in key battleground states
- 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 ...
- Russia, Ukraine agree to not hit energy targets, says TrumpUkraine and Russia have agreed not to strike each other's energy targets. US President Donald Trump announced this agreement on Monday. He ...
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