Indian economy strong but needs to cut dependence on energy imports, PMO official saysIndia's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a signi...
29 Sep, 2026, 05.00 PM IST
Rupee ends nearly flat as traders remain glued to oil moves, RBI caps fallThe Indian rupee showed little change after reaching a two-month low in early trading. Crude oil prices significantly impacted the currency...
29 Sep, 2026, 04.03 PM IST
Refiners feel heat physical crude trades higher than futures pricesIndia’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...
29 Sep, 2026, 12.44 AM IST
India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
28 Sep, 2026, 04.37 PM IST
Sunflower-like AC: Chinese scientists develop a cooling system that follows Sun and provides 135% higher cooling during hot noon. Here's how it worksChinese scientists built sunflower-like AC: Researchers in China have developed a sunflower-inspired radiative cooling system that changes ...
28 Sep, 2026, 04.02 PM IST
Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
27 Sep, 2026, 07.40 AM IST
Paneer by another name is... anythingFSSAI has announced a plan to designate the term 'paneer' exclusively for products derived from dairy. This move aims to eliminate confusio...
25 Sep, 2026, 10.52 PM IST
UAE, Saudi Arabia keen to invest in India’s refining sector: Hardeep Singh PuriIndia aims to boost its refining capacity to 6.2-6.4 million barrels per day. The current capacity stands at approximately 5.4 million barr...
24 Sep, 2026, 08.38 PM IST
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...
24 Sep, 2026, 06.52 PM IST
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...
24 Sep, 2026, 10.00 AM IST
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...
24 Sep, 2026, 12.41 AM IST
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...
23 Sep, 2026, 10.29 PM IST
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...
23 Sep, 2026, 07.04 PM IST
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
22 Sep, 2026, 06.58 PM IST
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...
21 Sep, 2026, 03.48 PM IST
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 ...
16 Sep, 2026, 07.51 PM IST
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 ...
15 Sep, 2026, 11.50 PM IST