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
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demandBritannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move seeks to boost agility...
09 May, 2026, 10.29 PM IST
HUL is caught in a war of costs as Middle East conflict flaresHindustan Unilever celebrated a solid profit for the March quarter, yet issued a caution regarding escalating geopolitical tensions. The on...
30 Apr, 2026, 02.28 PM IST
India considers raising palm oil import tax to help rapeseed farmers"Rapeseed supplies from the new season are putting pressure on prices, which have fallen below MSP (minimum support price)," said the sourc...
06 Mar, 2023, 03.10 PM IST
India examining proposal to raise palm oil import taxEarlier this year, India abolished the basic import tax on crude palm oil (CPO) to keep a lid on prices. New Delhi continues with a 5% tax ...
18 Oct, 2022, 01.18 PM IST
Indonesia has to ship 6 mln T of palm oil up to August to clear tanksDomestic inventories have risen after Jakarta imposed a three-week palm oil export ban in April and May. The resumption of exports did litt...
18 Jul, 2022, 02.06 PM IST
Indonesia to allow more palm oil exports with extra charges: MinisterThe government would also allow companies to export five times the amount of palm oil they have sold domestically during a "transition peri...
10 Jun, 2022, 09.45 AM IST
Malaysia may cut palm oil export tax amid global supply crisisMalaysia's Plantation Industries and Commodities Minister Zuraida Kamaruddin said importing countries have asked Malaysia to reduce its exp...
10 May, 2022, 12.31 PM IST
India cuts tax on crude palm oil imports to help consumers, refinerThe reduction in the tax, known as the Agriculture Infrastructure and Development Cess (AIDC), will widen the gap between the CPO and refin...
14 Feb, 2022, 08.23 AM 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
Duty cut lifts India's palm oil imports in Sept to a record 1.4 mn tonnesIndia lifted restrictions on imports of refined palm oil and slashed base import taxes on palm oil, soyoil and sunflower oil in recent mont...
01 Oct, 2021, 05.15 PM IST
India cuts import taxes on vegetable oils to calm pricesAfter the cuts, crude palm oil, soyoil and sunflower oil imports will be subject to a 24.75% tax in total, including a 2.5% base import dut...
11 Sep, 2021, 11.33 AM IST
India considers edible oil import tax cut to lower prices: ReportIndia meets nearly two-thirds of its edible oil demand through imports, levying a 32.5% tax on palm oil imports, while crude soybean and so...
03 Jun, 2021, 11.10 AM IST
India's tax increase on crude palm oil imports could reduce shipmentsIndia has imposed an additional tax on crude palm oil imports as the world's biggest importer of vegetable oils tries to build domestic agr...
02 Feb, 2021, 07.17 AM IST
India's palm oil imports set to jump as tax cut lures refinersHigher imports by India, the world's biggest buyer of palm oil, will support benchmark Malaysian palm oil prices that hit their highest lev...
27 Nov, 2020, 01.51 PM IST
Palm hits near two-week high as India cuts import taxTrading volumes stood at 14,848 lots of 25 tonnes each at noon on Wednesday.
02 Jan, 2019, 11.38 AM IST
- India should tax crude palm oil imports at 10 per cent to protect farmers: Dorab Mistry
India should impose a 10% tax on crude palm oil imports to protect its farmers and the industry from cheap imports, said Mistry.
04 Nov, 2012, 03.02 PM IST