India's sunflower oil imports seen up 30% on duty cut, industry official saysIndia’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...
30 Sep, 2026, 02.07 PM IST
Indian economy strong but needs to cut dependence on energy imports, PMO official saysIndia's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a signi...
29 Sep, 2026, 05.00 PM IST
Rupee ends nearly flat as traders remain glued to oil moves, RBI caps fallThe Indian rupee showed little change after reaching a two-month low in early trading. Crude oil prices significantly impacted the currency...
29 Sep, 2026, 04.03 PM IST
India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
28 Sep, 2026, 04.37 PM IST
Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
27 Sep, 2026, 07.40 AM IST
India left more exposed to Trump's 100% oil threat as China gets tariff breatherIndia could find itself more exposed to US tariff pressure over Russian oil after Washington and Beijing extended their Busan trade truce u...
25 Sep, 2026, 04.44 PM IST
UAE, Saudi Arabia keen to invest in India’s refining sector: Hardeep Singh PuriIndia aims to boost its refining capacity to 6.2-6.4 million barrels per day. The current capacity stands at approximately 5.4 million barr...
24 Sep, 2026, 08.38 PM IST
Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...
24 Sep, 2026, 06.52 PM IST
Retail prices of cooking oils may fall after duty cut: Industry body IVPACooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...
24 Sep, 2026, 10.00 AM IST
Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
24 Sep, 2026, 12.41 AM IST
Jaishankar flags India’s concerns over US sanctions law in talks with RubioS Jaishankar reiterated India's concerns regarding the Sanctioning Russia and Iran Act in discussions with Marco Rubio. This legislation po...
23 Sep, 2026, 11.42 PM IST
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
22 Sep, 2026, 06.58 PM IST
India soyoil imports to rise to record high on price competitivenessIndia's soyoil imports are projected to reach a record high in the upcoming marketing year. Higher soyoil purchases will offset declining s...
21 Sep, 2026, 03.48 PM IST
New US sanctions bill on Russia puts Modi in a bindIndia faces a difficult energy policy choice regarding Russian oil imports. Potential US tariffs threaten Indian exports and bilateral trad...
18 Sep, 2026, 07.56 PM IST
India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
18 Sep, 2026, 04.40 PM IST
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
16 Sep, 2026, 07.51 PM IST
Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
15 Sep, 2026, 11.50 PM IST