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EDIBLE OIL CONSUMPTION GROWTH
Nestle India Q2 Results: Standalone profit jumps 36% YoY to Rs 1,027 crore, revenue rises 20%In the second quarter of FY27, Nestle India achieved a remarkable standalone net profit of Rs 1,027 crore, marking a substantial 36% increa...
ED alleges hawala deals by companies that supplied adulterated ghee for Tirupati laddusThe Enforcement Directorate has alleged that certain companies supplied adulterated ghee to the Tirumala Tirupati Devasthanams. It claims t...
IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%IMF has increased India's growth forecast for 2026 due to stronger-than-expected economic momentum. Resilient domestic demand and robust se...
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
High crude vs festive demand: Can consumption stocks withstand the oil shock?As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG an...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
Fitch unit raises India FY27 growth forecast to 7.5%BMI has raised India's economic growth forecast for 2026-27 to 7.5% from the previous estimate of 6.8%. The agency cites strong growth mome...
FMCG revenues to rise in Q2, but costs could dent marginsIndia's FMCG sector is poised for a substantial revenue boost in the upcoming September quarter, with growth projected in double digits. Th...
FMCG companies face a Q2 margin squeeze: Rising crude oil, palm oil and packaging costs threaten profits despite demand recoveryFMCG companies are likely to face operating margin pressure in the September quarter of FY27 due to rising crude-linked derivatives, palm o...
‘What ‘no palm oil’ labels tell consumers and what they don’tIndia cannot spend Rs 11,040 crore building a domestic oil palm economy while allowing brands to turn the same crop into a warning sign. Th...
Building the route to India: Russian oil and mineral water producers expand overseasEcooil and Akva-Kristall are strategically enhancing export ties with Indian buyers. Leveraging their strong infrastructure for production,...
World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risksThe World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, ...
AWL Agri Business shares climb 4% as Q2 revenue rises 24% YoY, Food & FMCG posts record quarterly revenueAWL Agri Business shares rose nearly 4% after Q2 revenue grew 24% year-on-year, driven by strong performance in Food & FMCG and Industry Es...
India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil risesIndia’s sunflower oil imports fell 36% in September to their lowest level in more than four years as the Ukraine war disrupted Black Sea sh...
Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
Marico’s core franchises expected to power a strong Q2 as FMCG demand holds firmMarico expects to achieve a double-digit revenue growth in the second quarter of FY27. This growth will be driven by strong domestic demand...
India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...