India cuts windfall tax on exports of petrol, diesel, aviation fuelIndia has reduced windfall taxes on petrol, diesel, and aviation fuel exports. The duty on diesel exports is now 24 rupees per litre, while...
15 Aug, 2026, 12.13 AM IST
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...
14 Aug, 2026, 04.54 PM IST
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...
14 Aug, 2026, 12.59 AM IST
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...
13 Aug, 2026, 07.02 PM IST
In 1893, a German mechanical engineer invented a high-efficiency compression-ignition engine originally intended to run on alternative fuels but his invention turned popular years after his demise due to financial troubles: How did Rudolf Diesel changed the world?In 1893, Rudolf Diesel published his design for a compression-ignition engine that aimed to improve engine efficiency and reduce dependence...
13 Aug, 2026, 02.37 AM IST
Eternal's Hyperpure unit gets food safety notice after Bengaluru inspectionOfficials found 146 kg of chicken for which the manufacturer's FSSAI licence number was unavailable, while 40 kg of garlic was sourced from...
12 Aug, 2026, 07.43 PM IST
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...
12 Aug, 2026, 06.52 PM IST
Government approves introduction of one billion polymer banknotes of Rs 10 and 20The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...
11 Aug, 2026, 02.29 PM IST
India's Russian crude imports hit record for second straight monthIndia's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...
10 Aug, 2026, 04.34 PM IST
Independence Day 2026: When the British built a 4,000-km wall across India to extort taxBritish authorities constructed an enormous hedge across India to enforce a salt tax. This living barrier aimed to prevent smuggling of che...
09 Aug, 2026, 02.49 PM IST
America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
08 Aug, 2026, 05.31 PM IST
India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumesIndia's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...
08 Aug, 2026, 01.41 PM IST
India’s $40 billion Russian oil lifeline shouldn’t buckle under Trump’s 100% tariff threat: GTRIAs long as it proves to be economically feasible, India should persist in acquiring Russian crude oil. A new Senate bill from the US threat...
08 Aug, 2026, 12.56 PM IST
July thali costs rise as onions, oil and LPG get costlier: ReportHome-cooked thali costs increased in July due to higher onion and oil prices. Vegetable oil and LPG cylinder prices also saw significant ye...
08 Aug, 2026, 09.17 AM IST
India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EYIndia's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of ...
06 Aug, 2026, 09.53 PM IST
India's edible oil imports hit 10-month peak in July on higher palm buying, dealers sayIndia's edible oil imports surged to a ten-month high in July. Refiners increased palm oil and soyoil purchases to replenish inventories. H...
04 Aug, 2026, 11.04 AM IST
India seeks sunflower oil alternatives on Black Sea disruptionsIndia is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...
30 Jul, 2026, 08.53 AM IST