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INDIA EDIBLE OIL IMPORTS
ONGC Videsh eyes Venezuela oil assets after US green lightAn Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...- 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...
- Deeptech firm Minimac Systems raises Rs 30 crore led by Zerodha's RainmatterMinimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the company said. The company operates acro...
- Economy Stable Despite Global Turbulence; El Nino Risks Loom: Finance Ministry reportIndia's economic activity and external position show relative stability amid global risks. Domestic demand continues to support economic ac...
- Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry ReportIndia's food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major...
- Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...
- Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
- India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
- Odisha colleges told to cut cooking oil use, skip puris, vadas and bondasOdisha colleges must reduce cooking oil consumption in their canteens. This directive follows global supply chain disruptions and geopoliti...
- In Graphics: Kitchen basket inflation is backEdible oils and eggs are also seeing higher prices. Demand for most commodities is elevated amid the onset of the festival season, even as ...
- CBIC hikes gold tariff value; check latest update on other key importsThe CBIC has kept tariff values unchanged for several imported goods. Crude palm oil and soybean oil values remain the same for importers. ...
- Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
- FDA suspends licenses of five restaurants at Mumbai Cricket Association over hygiene issuesMaharashtra Food and Drug Administration suspended five restaurant licenses due to hygiene concerns. The FDA also urged consumers to avoid ...
- 'Tukaram Mundhe approved eatery': Harsh Goenka says forget Michelin stars as Maharashtra FDA chief’s strict food safety checks take social media by stormTukaram Mundhe, Maharashtra's FDA commissioner, has been making waves on social media with his strict approach to food safety. His inspecti...
- Freedom Oils maker Gemini Edibles & Fats India files DRHP with Sebi for IPOGemini Edibles & Fats India, maker of Freedom Oils, filed IPO papers with Sebi for an entirely offer-for-sale issue of up to 4.12 crore sha...
- India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
- MCX launches crude sunflower oil futures contractMCX has launched futures contracts on crude sunflower oil to help market participants manage price volatility and exposure to global supply...
- Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEAIndia's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline...
- MCX launches crude sunflower oil futures contracts to strengthen edible oil price risk managementThe Multi Commodity Exchange of India has launched crude sunflower oil futures contracts. This move aims to provide risk management options...
- Edible oil prices up due to West Asia crisis, but availability 'adequate': Govt tells ParliamentGlobal and domestic edible oil prices have risen due to the West Asia crisis. Higher crude oil prices and biofuel demand reduced export ava...
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