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EDIBLE OIL IMPORT DATA
India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...- Festive demand lifts dry fruit, chocolate imports this seasonDuring the festive season, India's import of tree nuts and chocolates rose significantly, reflecting a 10-12% annual demand increase. The r...
- Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
- India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
- Marico profit jumps 31%, flags rising input costs amid West Asia woesMarico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company ...
- Budget 2027: Customs duty relief on 118 goods under reviewThe Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input ...
- Maharashtra FDA suspends 19 food licences; acts against Patanjali distributor over 'adulteration'In a recent operation, the Maharashtra FDA suspended licenses of 19 food business operators for violations. They seized food articles worth...
- Petrol price in India cheaper than US, UAE, China, Canada: Global average petrol rate is Rs 150, diesel Rs 159, data showsPetrol rate in India are lower than in the US, UAE, China, Canada and several other countries, according to global fuel price data. While t...
- Rupee rises 7 paise to 95.19 against US dollar in early tradeThe rupee appreciated by 7 paise, settling at 95.19 against the US dollar, influenced by a declining dollar. Brent crude's lower trading pr...
- Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...
- Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
- IIT Kharagpur and Absolute launch Smart Scout AI project for soybean farmingAbsolute and IIT Kharagpur are developing an early warning system for soybean farmers to minimize crop losses. The Smart Scout project aims...
- India may import more food, feed and farm commodities as drought hits cropsAmid predictions of drought in India this financial year, food and agricultural imports are anticipated to rise sharply. With serious reduc...
- AWL Agri Business experiences 2% profit drop, emphasises growth in packaged food and exportsAWL Agri Business has reported a 2% decline in consolidated net profit for the September quarter. Revenue from operations, however, increas...
- No pressure from US to cut Russian oil imports, Oil minister Hardeep Singh Puri saysOil Minister Hardeep Singh Puri said India has faced no US pressure to reduce Russian crude imports. US President Donald Trump waived fresh...
- The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s JetsBengaluru has become a hub for innovative biofuel initiatives as collectors harvest old cooking oil from restaurants for energy production....
- BL Agro heads to Africa with Rs 7,000 crore Tanzania bet; targets edible oil, dairyBL Agro plans to invest Rs 7000 crore in Tanzania over the next ten years for international expansion. The company will focus on edible oil...
- Import of GM soybeans into India should not be allowed at all, say processorsProcessors across India are urging the government to impose a ban on the import of genetically modified soybeans from abroad. They argue th...
- India's edible oil imports dip 7 pc to 15.44 lakh ton in Sep: SEAIndia's edible oil imports fell by 7 percent in September, totaling 15.44 lakh tonnes. The decline was attributed to a sharp decrease in cr...
- Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: ReportEdible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edibl...
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