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...
02 Jun, 2026, 04.18 PM IST
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...
31 May, 2026, 09.57 AM IST
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
20 May, 2026, 05.16 PM IST
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...
13 May, 2026, 12.36 PM IST
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
13 May, 2026, 09.02 AM IST
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...
04 May, 2026, 01.51 PM IST
Oil prices surge from Iran conflict boosts global biofuel demandGlobal oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia ar...
21 Apr, 2026, 11.41 AM IST
Edible oil imports in March rise 12% to 11.73 lakh tonne: SEAIndia's edible oil imports saw a 12 percent jump in March. This increase was driven by more crude palm oil shipments. However, future impor...
13 Apr, 2026, 06.23 PM IST
India's March palm oil imports fall 19% to three-month lowIndia’s palm oil imports fell nearly 19% month-on-month in March to a three-month low of 689,462 tonnes, as higher global prices prompted r...
13 Apr, 2026, 12.26 PM IST
India's March palm oil imports fall to 3-month low as prices surgeMarch brought a sharp turn for India's edible oil import scene, with palm oil imports witnessing a striking 19% decrease, marking a three-m...
02 Apr, 2026, 02.50 PM IST
India extends policy to import refined palm oil at lower dutyIndia extended a policy to import refined palm oil at a lower duty and allowed imports of 51,000 tonnes of cotton at nil duty in 2023, the ...
29 Dec, 2022, 10.30 AM IST
Effective import duty on crude palm oil cut to 5.5% to cool edible oil pricesThe effective import duty on crude palm oil will now come down to 5.5 per cent, from 8.25 per cent, after taking into account agri developm...
13 Feb, 2022, 01.19 PM IST
Government slashes import duty on refined palm oil to 13.75% from 19.25%The duty cut, aimed at reining in cooking oil prices in the world’s biggest importer of vegetable oils, was announced on Monday. Total tax ...
21 Dec, 2021, 05.03 PM IST
Import tax on refined palm oil cut to 12.5% to calm pricesThe tax cuts would make refined palm oil more attractive for Indian buyers than crude palm oil and boost shipments of refined grades from M...
20 Dec, 2021, 11.48 PM IST
Edible oil industry body demands cap on import of refined palm oilThe Solvent Extractors Association of India (SEA) also asked the government to restrict issue of licence for import of palm oil and refined...
14 Jan, 2020, 06.14 PM IST
Govt puts restrictions on import of refined palm oilThis will help India encourage import of more crude oils, facilitating better utilisation of the refining capacity of the domestic industry.
08 Jan, 2020, 07.56 PM IST
- Govt raises tariff value of refined palm oil to USD 1,053/ton
The government has increased the tariff value of refined palm oil to USD 1,053 per tonne from the earlier USD 484 in a bid to curb rising i...
01 Aug, 2012, 03.37 PM IST