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EDIBLE OIL SALES RISE
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, inc...
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
Gold extends losses on US interest rate-hike fearsGold prices dipped on Monday, extending previous losses amid U.S. interest rate hike fears. Meanwhile, escalating tensions in the Gulf sent...
India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
South America to ramp up India outreach despite geographyIn an era of growing diplomatic relations, South American countries are increasingly turning to India, with Argentina leading the charge by...
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...
LPG Prices Hiked: Domestic cooking gas rates increased by Rs 29 per cylinder; Here's what consumers will now payLPG Price Today: Domestic LPG cylinder prices have been increased by Rs 29, taking the cost of a 14.2-kg cylinder in Delhi to Rs 942 with e...
LPG gas cylinder price hiked by Rs 29: Check domestic cylinder rates in Delhi, Mumbai, Kolkata, Chennai and other citiesLPG Price hike: Cooking gas cylinders have become costlier again. A 14.2-kg domestic LPG cylinder now costs ₹29 more across India. This is ...
India sets standard pack sizes for cooking oils to help shoppers compare pricesIndia has ordered cooking oil makers and importers to use only nine standard pack sizes. This move aims to help shoppers easily compare pri...
Small packs make big gains as budgets shrink and costs riseWith inflation on the rise, Indian shoppers are favoring compact product packaging. This shift not only reflects changing consumer habits b...
Livestock industry demands 1.5 million tonnes soymeal imports amid price surgeIndia's livestock sector faces rising feed costs. Farmers are urging the government to permit soybean meal imports. Domestic prices have su...
Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparencyThe Indian government is set to introduce new rules for edible oil packaging. This move aims to standardize pack sizes, making it easier fo...
Mother Dairy targets 20% revenue growth to Rs 24,000 cr in FY27, eyes new marketsWith sights set on a robust 20 percent rise in turnover this fiscal year, Mother Dairy aims to surpass Rs 24,000 crore driven by heightened...
Indian refiners shift to soyoil in May as palm oil loses price advantageIndia's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...
LPG sales decline 24% in May; Petrol and diesel see 4.8% and 6.4% rise, respectivelyLPG sales saw a significant drop of 24 percent in May compared to last year. Meanwhile, petrol and diesel sales by state-run companies incr...
Patanjali Foods Q4 Results: Profit jumps 46% to Rs 524 crore despite margin pressurePatanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. Wh...
Wilmar International chief says India must target 60% self-sufficiency in edible oilsIndia needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-su...
Govt examining possibility to introduce standard packaging for cooking oilThe Department of Consumer Affairs is looking into standard pack sizes for cooking oils. Industry bodies raised concerns about many differe...
Edible oil industry body calls for boosting output, adopting modern farming amid West Asia crisisIndia's edible oil imports are a significant economic concern. The Solvent Extractors' Association of India urges increased domestic oilsee...