India's customs board has increased import tariff values for gold and silver. This move aims to manage import costs due to global commodity...

Amidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...

As far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...

India's palm oil imports plummeted 27% in April to a one-year low, driven by sluggish institutional demand and a reduced price advantage ov...

March brought a sharp turn for India's edible oil import scene, with palm oil imports witnessing a striking 19% decrease, marking a three-m...

Indian Food and Beverage Association raises concerns about “no palm oil” labels. IFBA considers these labels misleading marketing tactics. ...

India's palm oil imports saw a dip in April. This decline is due to palm oil's higher price compared to soyoil. Consequently, soyoil purcha...

India's palm oil imports fell to 586,000 tonnes last month, the lowest since June 2022, according to the average of the estimates from the ...

The move could lead to higher imports of palm oil, which was earlier attracting taxes even as imports of sunflower oil and soyoil were allo...

New Delhi in May 2022 allowed duty free imports of 2 million tonnes of soyoil in 2022/23 and had initially planned another 2 million tonnes...

Higher palm oil purchases by the world's biggest vegetable oil importer could support palm oil futures and help top producer Indonesia in b...

India's palm oil imports in July fell to 530,420 tonnes from 590,921 tonnes a month earlier, the Solvent Extractors' Association of India (...

India's palm oil imports could fall 19% to the lowest level in 11-years as soyoil, now cheaper, takes more market share because of Indonesi...

According to the Solvent Extractors Association (SEA), the reduction in import duty on crude palm oil is around $55/60 per tonnes or Rs 460...

On January 2, India had moved refined palm oil imports from free to restricted category to protect domestic refiners. The commerce ministry...

This will help India encourage import of more crude oils, facilitating better utilisation of the refining capacity of the domestic industry.

If found that the jump in imports have impacted domestic players, the directorate would recommend safeguard duty on the palm oil.