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EDIBLE VEGETABLE OILS
Inflation seen at 5% in FY27, 50-75 bps rate hikes likely as food and fuel risks build: ReportInflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and a potential below-normal monsoon. ...
What is El Niño and how does it affect India? Could it bring a drought-like monsoon and higher grocery bills?El Niño conditions are now active in the equatorial Pacific Ocean, raising concerns for India's monsoon. Warmer Pacific waters disrupt weat...
El Nino sets in, clouds kharif outlookEl Nino conditions have set in and may strengthen during the southwest monsoon, raising concerns for India's largest sowing window. The neu...
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...
Monsoon advances into Bengal, Sikkim; set to cover more of Andhra, Telangana, Karnataka, Maharashtra this weekThe southwest monsoon is progressing steadily across India. It has now covered Sikkim and parts of Northeast India. The India Meteorologica...
El Niño clouds loom over kharif crops, farm payA developing El Niño event thousands of miles away poses a significant threat to India's agriculture. This weather phenomenon is linked to ...
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...
Withdraw fuel VAT to ease prices, NCP (SP) leader urges Maharashtra govtJayant Patil, a senior NCP (SP) leader, has appealed to the Maharashtra government. He wants the state to immediately remove VAT and surcha...
Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs SecyThe government is closely monitoring the prices of essential food commodities. At present, prices have remained stable and largely range-bo...
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...
Fuel price hike hitting common people, contractors stopping work due to rising bitumen costs: Himachal PWD ministerHimachal Pradesh Public Works Department Minister Vikramaditya Singh alleged that rising petrol and diesel prices are fueling inflation, im...
Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlierPetrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple...
Amul, Mother Dairy hike milk prices by ₹2 per litre; new rates effective May 14Leading dairy brands Amul and Mother Dairy will raise milk prices by ₹2 per litre starting May 14. This price adjustment affects various mi...
India's vegetable oil imports jump 13 per cent in first half of 2025-26 on palm oil surgeIndia's vegetable oil imports surged 13 percent to 7.94 million tonnes in the first half of the 2025-26 oil year. Palm oil shipments nearly...
Fuel price pass-through needs monitoring as weather risks also posing pressure on inflation: BoB reportRising fuel prices and weather uncertainties could push India's inflation higher in FY27, despite current low CPI levels. Bank of Baroda wa...
India's retail inflation edges up to 3.48% in April as food prices firm upIndia's retail inflation saw a slight increase to 3.48 percent in April. This rise was primarily due to higher food prices. However, the ov...
India can't afford rising import dependence on edible oil: Industry body SEA on PM appealThe Solvent Extractors’ Association of India (SEA) backed Prime Minister Narendra Modi’s appeal to reduce edible oil consumption, saying lo...
India palm oil imports fall to one-year low in April on weak demandIndia's palm oil imports plummeted 27% in April to a one-year low, driven by sluggish institutional demand and a reduced price advantage ov...
Jakarta's palm oil curb will test IndiaIndia is grappling with a significant hurdle as Indonesia shifts its focus towards palm oil for biofuel production. This shift threatens In...